Hey Everyone, We had couple of nice entries on AUDJPY though price have moved in same region for long period, expecting a a massive bearish impulse! -Wait for price to come at our area and then watch for a nice rejection using a smaller time frame" -If price dropped now without coming to our area then consider buying at 'INT LQ ZONE'. -We can at least target 200...
Hello traders! This is my analysis for GBPUSD. With inflation slowing down a lot, I expect the dxy for more downside, but wouldn't be surprised if there was some sort of retracement, as there is alot of liquidity towards the 1.08 level.
GBPUSD continues to trade in a triangle formation following a re-test of the confirmed rising trendline drawn for the 11th of December low. The trendline re-test coincides with the psychological support level at 1.30000 where we also have the 61.8% Fibonacci retracement of the rally from the 11th of December low to the March the 13th high. We are still below both...