If the market enters correction, the important and supportive level of $3320 is reliable and it can have an upward movement with the target of $4080-4500. It should be noted that the time period for the completion of this upward wave has not yet ended and it will continue until at least 1JUL Price corrections can be a good buying opportunity for the desired time frame
OP making support on its trend line, 22% - 22.50% gain possibility ahead. Keep an eye on it!
Hello traders, Here is my analyis of AUDUSD pair. After AUD/USD completed an upward impulsive wave labeled as wave (1) in the chart, the pair is expected to form a minor correction in wave (2) before continuing the impulsive upward wave (3), consisting of five subwaves. Based on our analysis, waves (1) and (2) have already formed, and it appears we are currently...
- ]sell usdjpy for news + analysis data - please trail sl after 10 pips
GBPUSD is about to entered in strong resistance zone. Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 2370 region ?
I'm excited to share that I'll be taking a summer sabbatical to recharge. As a result, the newsletter will be on a brief hiatus. But don't worry, I'll be back in September, refreshed and ready to dive back into the markets with you. Wishing you a profitable summer!
The current analysis indicates a Bullish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2329, and it's possible to touch 2355 as well then it'll start the bullish trend. The prevailing Bullish pressure suggests that if trading remains above 2329, the trend will continue a strong upward till 2376. otherwise stabilizing below 2329 will try to...
BTC looking Bearish in 1 hours chart pattern, i am very bearish on it and anticipate it will test 66K very soon from here.
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Daily live trade with XAUUSD in 15m/30m/1h 20240530
With June ECB rate cut done deal, and majority expecting cuts in Sept and December, it currently seems like there is a bearish outlook for the Euro and we can see a strong rejection at 169.747, which is a level well respected in the past as seen the involvement of past candles within that range, my current take profit is set at 168.577 an lets hope for the best
Folks who follow me know I have been bearish regional banks for a while. KRE looks to be heading on another leg lower vs the market.
SOL breaks its resistance of $160 and now going to test to act as support. Possible pull back is expected for the previous top of $210.
Dow Jones index analysis 1 hour time frame The price can move to the bottom of the 1-hour range and from there return to the top of the 1-hour range.
Bull Put. URNJ 20 Dec'24 Sell Put 35 Buy Put 30 Risk Reward >1.4 This sector is hugely undervalued and ready for the next leg up, simply because demand is( will) outstrip supply in the years to come.
We can see that AUDJPY has made a double top, and currently has broken the upward trend, i am currently in a short position with targets at 102.857, it is important to observe whether prices would rebound off 103.500 with previous double bottom making the current drop a possible triple bottom
Intraday Update: The AUDUSD has found buyers ahead of the 38% retracement at .6581 which is the neckline of the head and shoulder technical setup. A break below is bearish.
is this a good trade? That's a good question, as we see, the 0.014$ area is breaking up the stage 1 with a great volume bar. (far above average) That'should be enough to give the substantial power to make a up ward movement. We have several targets, one of them is around 0.04$ price level. As it continue to persist with good higher highs we can aim to go longer...