GBPJPY hit the HH trendline of the two year Megaphone pattern and that has so far put a pause to the uptrend. The 1D timeframe has turned neutral (RSI = 52.182, MACD = 0.480, ADX = 25.579) and is supported by the 1D MA50. The MACD formation reveals that the pair could be ahead of a 0.382 - 0.236 Fibonacci correction as in June/July 2021. As a result there are...
Probability of the next move of the pound to the New Zealand dollar
In the next few years, we will see the pound grow against the New Zealand dollar
Good day, traders. On a four-hour timeframe, GBPAUD is displaying a bearish continuation pattern. I'll be keeping an eye on the price movement in the 1.9622 Zone for a chance to go short on it with a target price of 1.9500. Use effective risk management. Like and subscribe to help me with my efforts.
Good day, Trader. We will be keeping an eye on GU at the 1.2718 weekly resistance zone and the 61.8 fib level for a potential pullback to the 1.2557 zone to fill in the zone's existing imbalance. RR 1:2.17, use appropriate risk management, and kindly consider contributing to my work.
We are going to be watching GBPJPY for possible long from 184.00 zone to 186.60 zone . Apply proper risk management and wait for bullish confirmation before placing your order . LIKE AND FOLLOW TO SUPPORT MY WORK
It has been almost 2 months since we last looked into the GBPUSD pair (see chart below), taking as sell position after the price was rejected on the Channel Up pattern's top: That Channel Up broke downwards, and the last such pattern to remain valid is the one shown on the current chart. The price is below the 1D MA100 (green trend-line) and today hit the...
Dear traders, Daily Market close above the previous key label Hourly we have 2 expectation We are expecting bullish breakout of this this key label. After the confirmation we will take the trade to the up side . If market does not break the key label......After the confirmation we will take trade to the down side
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.72200 support and resistance area. Trade safe, Joe.
After breaking the short-term trend line, probably correct up to the level of the rising trend line, then continue on its path
Hey Traders, in today’s trading session we are monitoring GBPUSD for a selling opportunity around 1.26900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26900 support and resistance zone. Trade safe, Joe.
As the DXY signals some retracement, GBPUSD could rebound from the support level of 1.26 to retest the near term high and the downward trendline along 1.27
Hello, traders! GBPUSD may fall after hitting the horizontal Resistance level of 1.2743 Sell!
Sell GBPCHF Wedge Breakout Price breaks the wedge pattern now, its good chance to sell today Thank you
Final pair for this Sunday evening is GU now as per our other USD related pairs we can see the news range clear as day, this again is a very telling sign as to what we want price to do within this range but as always we are not going to jump in head first, and we are using the new POI as we always do with caution! Iam overall thinking we are most likely going...
Another move giving us a bias due to news, now of course we are already looking at this with a sell side in mind now we have a range we are looking to get a tap in to follow said direction. We have a refined 3 min POI for this swing so as we said about USDJPY we are going to follow but with a more refined and less exposed entry method. high levels of liquid...
Good day, traders. Next week, we'll be keeping an eye on the GBPUSD. The first point of interest for us to watch for bullish momentum is 1.2550, and the second point is the 1.2500 zone.TP 1 in the zone of 1.2600 and TP 2 in 1.2700.
XAUUSD has had a nice pump recently, looking at previous data, I can see that +12K is forecast for this months NFP. This should boost the Dollar. While dropping gold and other pairs. Ive entered Sells around NY opening, will hold through NFP with a bigger than usual SL. Time will tell, always use risk management, and extra caution when trading news. Its...