GBPJPY rebounded from demand zone at level 148.50 with strong bullish movement Pair is above key level at 150.75 MACD shows bullish momentum RSI is in uptrend It's expected to target downtrendline near level 153.85
GBPUSD has retraced in a downtrend prior to the USD Continuing jobless claims data, which shows the number of people remaining on unemployment benefits. Technically the GBPUSD is trending to the downside and has retraced to a key level. The RSI generated a sell signal and price has rebounded from the upper bollinger band, generating a mean reversion signal.
It seems like GBPCHF is forming a cup and handle pattern, and as you can see on the chart, there are some indications that we might be at the bottom of the handle : 1. ABCD retrace from the recent high in the weekly chart and the daily chart 2. weekly candles closed above the channel ( channel break ) 3. we are currently in support zone 1.2500 4. immediate...
ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖ IMPORTANT INFORMATION:📌 - ORDER FLOW : * LSB: breaker retest * PROJECTED TP : * PROJECTED SL: Hi master traders! welcome to another trade idea with Genius Chart. If you like what you see and it helps you ,please support our work by writing a comment and SMASHING that like button! 👍🏾 its us against the...
We bounced off the interesting line for reversal, in addition there was a reaction at the 0.786 FIB level, the wavereader will soon give a sell signal. The signs are short to 0.8525
GBPUSD SELL LIMIT : 1.37150 TP1 : 1.36800 TP2 : 1.36360 STOP LOSS : 1.37400
The forecast for the GBP/ZAR remains bullish after this currency pair finished a minor correction. Can bulls take advantage of upside pressures and force the GBP/ZAR into its next horizontal resistance area? Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own...
15 min- counter trend long 125 pips 4h- waiting for 61.80% fib (short from there)
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7338). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7338). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which...
The British pound will probably continue its fair against the Japanese Yuan in the coming days and will reach a support level of 149.4 JPY per 1 GBP. The positive trend from the beginning of the year can continue from this point so it is not the right time to make decisions about trading this pair but without a doubt, follow it and wait until reaching the next...
price will retest and touch demand area for third time, then impulsively give us the 400 pip long.
Hey traders, Update for my yesterday's analysis on GBPCHF. After a bearish structure breakout, the price is retesting a broken level. On that, a double top formation is formed. Its neckline was broken this morning. Now I expect a bearish move. First goal - 1.2505 ❤️Please, support this idea with a like and comment!❤️
Now that we have a successful auction, 2nd level of liquidity has been tapped on, we might return the origin of the move, before we rally up once more Find more explanation on the link attached below
Here is our today's forecast on GBPCHF. Our analysis is based on fundamental & technical metrics. According to our chart GBPCHF is trading within a supply zone. Based on our analysis the price will dump to the next support level. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️