It's always good to look at XAU/USD from the long term perspective The market has been bearish for the most part of this year till we saw a bullish correction this November We are likely to see price continue bullish after a short term correction in early January nonetheless we may see price change in trend if major support on the weekly is broken. Let's keep an...
Price is currently at a major support level than was first tested in July this year and considering current momentum, we could possibly see price continue bearish if we see a break and retest below level X till at least 100.000. For a bullish scenario, we may expect price to break strongly above trendline and retest level 106.00 to gather momentum for an uptrend...
FX:EURUSD English: Hey, trader! Here we have the EURUSD in the 4h time frame.I delated every trendline,fib,sup,res. I'm just looking for a move out the Box and then try find e retest move to the box and then take an entry. There is one important news in the afternoon tomorrow. So be careful! Theis news can change the direction of the chart very quickly!...
TVC:DXY English: Hey, trader! Here we have the DXY in the 4h time frame. The next days I think there will not be a nice trend trade. i think it will just consolidate until it breaks the trendline or it falls under the major level 104.000 . So be careful the next days finding the right entrys and the right exits. There is one important news in the afternoon...
Dear Traders, I am a bit neutral today though I'm still a bit skewed towards bearish as gold seem to have been consolidating and may be a bit to jump into new sell trades as I believe we need to wait for confirmation. If gold is serious about continuing the bearish trend today, then it need to break the bluish zone on my chart. If Gold breaks the trend line to...
Tons of fundamentals will be pouring in for the next few days. Feel free to review them at dailyfx calender. 4H chart showing there is bullish divergence building on some of tradingviews free to use indicators. But there is now bear divergence building as well. This pinches the price into symmetrical wedge. Fundamentals will most likely dictate the move. Sad...
USD/CAD has been in a downtrend for a month now and we are likely to see a continuation till psychological level 1.3200 an upward continuation is likely if we see a break above level X which is a very valid level of resistance and previous support.
XAU/USD ha tested major support on the monthly since March this year. We are currently seeing strong bullish momentum from support and a correction is likely to take place before we see price continue bullish till at least 1900 price level. We are likely to see resistance around the 1804 price level which may call for a change in direction or price correction...
OANDA:GBPUSD GBPUSD Neutral Bias Reason: - Waiting for the PPI MoM report Potential Scenario for Tuesday, 15 November 2022: - If PPI MoM gives a bullish sentiment, we will seek to buy. vice versa. Yesterday's review: - As I conclude the market potential would go sideways, and it did; as the scenario reflected. I would wait for the PPI MoM report to confirm...
OANDA:GBPUSD GBPUSD Long bias. Status: Closed Position What I see? It seems that the market would go sideways as the volatility is low or it gonna go down hitting the next support level. The bull is pretty much weak right now, so best to wait for the market. What I would do? - I'll wait and see how the market goes, because the market will probably go sideways,...
Hi I am neutral on APTUSDT. I just want to post this chart. You can see that it could go up/down from here. Their found raising project was unsuccessful and there are negative news. There is a talk about a possible rugpull. I don't know if I can link to google news from here, but do some research if you are interested. Always use risk management when trading.
We are currently seeing price at a major level of support which was created in November 2020. If we see price break above the 1169.41 price level, we may see an upward correction till at least point X:15002.65, but if we see a break below 12072.78, the market is likely to continue further downward to point Y:800.00.
Gold has been in a bullish trend since the 22nd of September after a strong momentum from a major weekly support level, based on my analysis, gold is likely to continue Upward to 1780.000 If it fails to break below 1692.582 level which served as a previous support and area of resistance. A break below level X(1684.225) will indicate weakness in price which may...
I'm not a stock trader but when I see a stock at an overbought or oversold price, I just can't resist the temptation to analyze and if possible, catch some few pips in. Nike has been on a solid downtrend since December of last year, 2021, we are currently seeing prize at a major support level which was tested in May 2020, we may see two things happen at this...
We are currently seeing NZDCHF at a major support level created on the mid of March this year, we may see a break below for a downward continuation of a break above for a bullish continuation.
$XRPUSD has gone parabolic amidst positivities in the SEC trial and has rocketed to levels not seen since April 2022. It has cleared the 20MA and 50EMA on the daily with ease. The 200EMA is still in question but is looking good BUT $XRPUSD is coming in another major resistance zone that has been tested multiple times so I am awaiting on the 4hr chart to see how...
I'm currently holding a neutral view of USD/CAD till the market gives a clear directional confirmation. What are your thoughts?
Microsoft Corp. is in a symmetrical triangle. We expect the breakout to the downside if upcoming earnings are negative. Target shown in the chart.