With gold being very bullish towards the end of last year, we decided to sit on our hands for a while regarding updates on the commodity. The price did recently run up all the way to $2,070, before dropping back into the 200 DMA. We can see gold extend a deeper pullback into $1,850 this year before continuing to the upside. Gold on a fundamental level is...
AUD/USD has really been playing ball in terms of basic technical analysis. WE hav e been following a strong bullish sentiment all the way up to 0.7500. This level we're at is a major Fibonacci extension target and there are many confluences now suggesting a pullback for at least 70 pips. We are now looking for a potential drop into 0.7420 over the next few...
When will the price reverse? According to daily frame , I have determined again the strongest resistance and the strongest support, and I set the stop loss and take the profit. This is if you sell from the entry point, as well as I do not recommend buying above the resistance
CADCHF is bouncing off daily supply zone with broken ascending channle for short trade .
Prior chart: 0.7500 has been met precisely from our previous breakdown on this pair. The next immediate upside target will be another 60 pips away siting at 0.7560 with still potential for higher prices heading into the final stage of this week.
The last time we broke down GBP/AUD was when it was trending north on the daily. Since then we have taken a huge plummet driving the trends down and prices back below 1.8000. 1.7500 looks like a comfortable 100+ pip landing spot with more potential for heavy downside movements. As of right now there is very little upside opportunity and we would advise traders...
USDCHF Reward/Risk = 3.36 Take Profit: 0.94726 Entry: 0.93360 Stop Loss: 0.92954
When I traveled to the future I saw the movement of this silver and that was the movement.
Price hasn't touched the 200 ema (thick whits line) since 2/24/21.... Combine that with the vectors present in the chart, this may be interesting.
4hr frame looks like it’ll break down. Should be nice drop to 38.4 and below this weekend. 36.3 is my lowest short term target. See ya there
I see a buy opportunity in the price ranges of 2170 & 1900 If you take this trade your SL should be at least 1520 or slightly below it.
Good day mates! So in this small segment I would like to highlight this swing trade I called on USDCAD. First things first, I was NOT as patient of a trader back then as I am now, seriously! I would see a move and think "ahh man I gotta hop on this" but would be in such a haste that I would market enter and get wrecked or so scared I wouldn't even take the trade....
gu short win ..............................................
Right now we are sitting inside of a daily/4hr consolidation range on this pair. Price is sitting right under 1.36. Price has formed an inverted head and shoulders giving us a possible setup. If we break above neckline, then we can see a buy up into the red zone around 1.36230. I would look for selling pressure in that red zone. If we don't get a neckline break I...
i entered this us30 buy. i forgot to publish it. lets see if it can come right. i did go into profit. currently in drawdown.
EUR/USD seems to be stabilising the newly formed base at 1.1300. A recent weekly candle from 2 weeks ago, formed extremely bullish in alingment with the recent fundamentals suggesting that there will be a medium term upswing in movement. Generally speaking a closure above the 1.1400 handle should signify a comfortable 100 pips into the 1.1500 region and beyond,...
35700.0 AREA a high S/R area. Trendline broken & once weekly low is broken. Shorts are most likely due to the trend break, market structure & previous price action. 33306.0 is where liquidity will drop too and grab before rising back up and stopping out all buyers. A Huge 1000+ Pip Trade. Give this a like if you want to see more analysis!
Pound has picked up some strength off the back of the GDP growth rate this morning. Referring back the the current state of the USD on a fundamental level, it provides a nice confluence to look for long opportunities on the weekly, daily and 4-hour timeframes on GBP/USD. The 1.3700 handle just over 100 pips north of the current market price could provide a nice...