Gold took liquidity resting at 1913 got rejected in the demand zone at 1910 where Price got a big momentum to the upside and this has given the impression that a reversal is inbound for Gold Using the Fib retracement tool we can see that GOLD got rejected at the 78.6% line which is a strong reversal level for Price when starting out a new wave DXY is also...
XAUUSD stayed below 1970. Watch for selling opportunities towards Zone 3.
GBPUSD looks quite oversold. The pair is under a strong bearish pressure for many days. The market is currently testing a solid key daily support. Analysing the intraday perspective, I spotted a falling wedge pattern on an hourly t.f. Bullish breakout of the resistance of the wedge will be a strong bullish confirmation. A pullback will be anticipated then...
Hello Traders, Shorter term traders could sell around 0.6429. We are waiting for a break below 0.6356 or over 0.6429 to determine the direction of the market!
Hello traders, EURJPY may be followed by a consolidation, Shorter term traders could take long and short trades at bottom and top of the range, respectively. We will trade after breaks of the range! SO WAIT FOR UPDATES!
Good setup, price made a LL and LH with bearish pinbar. This was a feast day so was off trading for the day.
The USD/JPY exchange rate is consolidating its recent rise to 149.00, the highest in the last 11 months, supported by the increase in US Treasury yields due to the determined stance of the Federal Reserve. However, there is a risk of Japanese intervention in the foreign exchange market. USD/JPY has recovered the losses caused by the Bank of Japan's decision to...
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I think it'll pop downwards because of this diamond bottom. But it's anyone's game here. A strangle would probably pay best. Just watch for future reference. Should affect NASDAQ:QQQ NASDAQ:TSLA AMEX:SPY as well.
EUR/USD hit its lowest level since March, dropping below the critical threshold of 1.0600 on Monday. This decline was triggered by cautious comments from Lagarde, President of the ECB, regarding the future course of economic policy, leading to a defensive stance on the euro. In parallel, the US dollar benefited from prevailing risk aversion, maintaining pressure...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Hello traders, We don't long before breaks of trendline and we don't short over 1.1050 Wait for setups after the break! In this post, updates would be included. Levels calculated order_block, regarding support and resistances, channel and pivot points.
EURGBP is trading within a wide horizontal range on a daily. Its upper boundary was reached last week. Analyzing the reaction of the price to that, we can spot a narrow horizontal range on an hourly time frame. Its support has just been broken - it is an important sign of strength of the sellers. I anticipate a further decline now to 0.8666 / 0.865 ...
The GBP/USD pair has experienced its third consecutive weekly decline, continuing the bearish trend that began in mid-July. During this period, the exchange rate has dropped from around 1.3100 to 1.2232, reaching the lowest level since March last Friday. The combination of an accommodative Bank of England and a decisive pause from the Federal Reserve has paved the...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
GBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy . EDUCATION so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.( SBR ).also the trading...
Whats up gold gang!! what a day yesterday catching alll the sells and the buys too lol .. lets get it today too quick one for NY session outlook .. we have PMI news later in the session which should get us the volume needed. Im still bearish on the HTF so im wanting the sells below the level shown .. strong close and a wick to confirm the zone in the white...