USD/CAD Daily Chart Outlook USD/CAD is consolidating and might aim for a move above the 1.3760 resistance zone. Important Takeaways for USD/CAD Analysis Today USD/CAD is showing positive signs above the 1.3660 support zone. There is a major bullish trend line forming with support at 1.3620 on the daily chart at FXOpen. USD/CAD Technical Analysis On...
GBP/USD Daily Chart Outlook GBP/USD is attempting a recovery wave from 1.2300. Important Takeaways for GBP/USD Analysis Today The British Pound started a recovery wave above the 1.2400 resistance. There is a key bearish trend line forming with resistance near 1.2520 on the daily chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the daily...
We are consolidating around the bottom of this patterns bottom trend line. Seems like we are getting support for a bounce soon back towards the top of the pattern. Nothing has changed for me on the big picture. I am still looking for 90k over the coming months
USD/JPY stabilizes around the 154.50 mark after recouping some of its daily losses on Friday. According to Reuters, a senior Iranian official stated there are no immediate plans for retaliation following Israeli airstrikes. This development coupled with hawkish comments from Federal Reserve officials on Thursday gave the US dollar a boost. The Reuters report...
I anticipate a short-covering rally in the Nifty50 spot, expecting a recovery as long as the spot doesn't dip below 22323.60. I've taken a long position below 22442.20, with a strict stop loss set at 22323.60.
Gold experienced a significant retreat upon reaching the upper boundary of its channel, approximately at the value of 2333.35. Currently, the price has faced resistance and subsequently retreated from the 50% Fibonacci retracement level, indicating a potential pullback towards the upper bounds of the channel. In response to these developments, we are actively...
Gasoline (RB1!) is on a 3-day bullish 1D candle run after testing and holding the 1D MA50 (blue trend-line) this week for the first time since February 05. On the wider scale, this is the Bullish Leg of the 18-month Channel Down and it is approaching its top (Lower Highs trend-line). As you can see, the Bullish Legs of this pattern share a certain degree of...
LSE:MTL #MTL testing resistance, it may break out and fly with or without a retest. On rejection, it may retest the recent low and form a reversal pattern, making a bullish reversal.
EURUSD continues to maintain an upward trend on the final day of this trading week. Currently, this currency pair is moving smoothly within an upward channel on the 1-hour chart, approximately at 1.072. This uptrend has been fueled by the recent weakening of the US Dollar (USD), which has positively impacted the EUR/USD exchange rate. As long as the upward...
#HIGHUSDT UPDATE Moving As Expected & Running In +90%Profit So Far✍ Expecting 150% bullish wave in coming Days..
26th April DXY: Consolidate along 105.60, could retest 106, but likely to range between 105.60 and 106 NZDUSD: Sell 0.5945 SL 20 TP 40 AUDUSD: Buy 0.6550 SL 30 TP 60 USDJPY: Watch for 157, could scalp up to 158 Sell Stop in place, in case of intervention GBPUSD: Sell 1.2520 SL 30 TP 90 EURUSD: Buy 1.0760 SL 40 TP 100 (hesitation at 1.0815) USDCHF: Sell...
Add volume every 100 pips with a target of 152.67/ The goal is definite, so have capital management... maximum 300 pips of capital management
Should buy now because of the breakout and we can expect an upside movement
Gold increased mainly due to escalating tensions between Iran and Israel. Gold prices recorded the fifth consecutive week of increase. Israel's response came a week after Iran's drone and missile attacks on Israel pushed gold prices to a record high above 2,428 Recent statements from Fed officials suggest there is no rush to cut interest rates in the short term....
Dear Colleagues, I suppose that the price has completed the correction and is now in an impulsive movement. Presumably in wave “3”, which means that the upward movement will continue. A small correction to the support area of 1.06595 is possible, then I expect the price in the resistance area of 1.07923. Manage your capital correctly and competently! Only enter...
#BTCUSDP UPDATE Bitcoin is making Bullish Flag pattern in 1D Timeframe✍️ In case Of Breakout,Expecting to 86K Bullish Move
Long here on BTC for the following reasons: * 4H pin bar bounce of bottom of channel * Diverging all exchange volume * Diverging RSI * Pulled back overnight to the FIB pocket with some leggy candles, giving another chance to enter or add to position here SL 62578 TP1 67000 TP 68000
1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be...