The price is approaching the rising channel line, and at the same time, the Fibonacci 23.6% level intersects with the channel line. On the H1 and H4 charts, the 21-period RSI is in the overbought zone. There is a high probability of the price encountering resistance to the upside from the intersection of the channel bottom and the Fibonacci 23.6%. This is...
In the end, the old fox hunted the big devil of the dollar, and after the hunt for daily liquidity, he found his own fuel for free fuel, and I imagine a painful fate for him. Not financial advice
GBP/JPY Faces Diverging Central Bank Views and UK Data Introduction The GBP/JPY pair continues its upward trajectory during the Asian session on Wednesday, hovering around the 184.00 level. As the pair extends its gains, it faces a confluence of factors, including diverging central bank views and upcoming UK data releases, which could impact its direction in...
GBPCHF at the support zone 1.0660 if the price cannot break through. It is expected that in the short term there is a chance that prices will rebound. >> GooD Luck 😊
GBPCHF Channel: RED WK Pivot: RED AOB: EMA10 CON: SBB SELL Stop: 1.10699 Stop Loss: 1.11314 TP01: 1.10084 DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot However, trade is not taken/considered as it is not within our trading rules. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY
My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1092. Bias - Bullish Safe Stop Loss - 1.1074 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1129 About Used Indicators: For more...
We can see that GBPNZD has broken below the mid-point of the rising channel. Looking for sells going into the BoE rate decision this week, with NZD generally strengthening and GBP generally weakening. Depending on what happens on Thursday we we'll see either a break of a bounce off this point. I'm targeting 2.072 initially, where I see confluence of the rising...
Hey Traders, in today’s trading session we are monitoring GBPCHF for a selling opportunity around 1.115 zone, GBPCHF is trading in a downtrend and currently is in a correction phaseon which it is approaching the trend at 1.115 support and resistance area. Trade safe, Joe.
Hey traders, in today’s trading session we are monitoring GBPUSD for a selling opportunity around 1.24300, GBPUSD is trading in a downtrend and currently is im a correction phase in which it is approaching the trend at 1.24300 support and resistance area. Trade safe, Joe.
Hello traders, You could also wait for breaking the bearish trend-line! We, the risk takers, enter now! There is one entry and three TPs for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Last week EURGBP posted a green Heiken Ashi candle on the weekly chart. This suggests to me that we may see another green weekly Heiken Ashi candle. It is also the case the a green Heiken Ashi candle was posted on the daily time frame after a series of red candles. This suggests to me that we may see a multi-day bull run.
seems like getting ready for downside breakout formed ascending channel in daily timeframe and expecting downside breakout incase of successful breakout expecting bearish wave towards 21 keep eyes on for breakout
GBPCHF Channel: RED WK Pivot: RED AOB: WP CON: SBB SELL Stop: 1.10843 Stop Loss: 1.11368 TP01: 1.10318 TP02: 1.09268 DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot. Trade is taken as we are looking to sell Risk-Off currencies. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY
We can see that GBPAUD has broken the weekly rising trendline with gusto at the end of last week. We have a small pinbar close on Friday which suggests a retracement back up to retest. I'm expecting strength to build up for the AUD with the positive signs coming out of China, we can see it is recovering across most crosses, and sterling weakening. BoE decision...
My frequency analysis of GBPCHF in the daily time frame indicates a continuation of the bearish trend. With the current price at 1.1117, I believe there is an opportunity to ride this downward momentum. To capitalize on the bearish momentum, I suggest entering a sell position with a take profit set at 1.10642. This level aligns with the next key support zone...
GBPUSD made new higher high on M30 TF, Demand zone is blue box. This OrderBlock is agains the main trend, so we have to be careful...
After carefully analyzing the GBP/CHF currency pair I have identified several promising buy setups that seem quite favorable. This analysis is based on observing a significant Break of Structure on the daily time frame. Additionally this break aligns perfectly with an institutional round number at 1.11200 which adds further weight to the bullish...