EUR/JPY is heading towards the neck and shoulder line after the cross broke out of the 20-day Exponential Moving Average (EMA) at 147.68. However, it still hesitates to achieve a decisive breakout that could invalidate the pattern. As the Asian session begins, EUR/JPY is trading around 147.95, down 0.06%. EUR/JPY remains skewed to neutral, although in the near...
TVC:GOLD Gold prices increased their bid to refresh the intraday high near 2,035$ early Thursday, reversing the previous day's retracement from a one-month-old horizontal resistance. Precious metals benefit from broad US Dollar weakness. The XAU/USD pair maintains a neutral to bullish view in the daily chart. The pair is growing above all of its moving averages,...
EUR/JPY has printed consecutive bearish sessions breaking last year's high of 148.48, extending its losses past the 18-day Exponential Moving Average (EMA). The evening star three candlestick pattern shows that further downtrend is expected. But the Relative Strength Index (RSI) indicator remains bullish, while the 3-day Rate of Change (RoC) depicts the momentum...
Hello team, welcome back to another week of trading. This week, we will be focusing on the NAS100/US100 pair. Upon analyzing the hourly chart, we can see a clear range inside our swing move, indicated by the yellow dots. Currently, it appears that the market is staying bullish, with the hourly range touching and creating an equal high on our chart. This is a...
Bearish engulfing.... Big probability that price may go to 1991.28
Confluences to short Resistance level 300 pip move will need to pull back to go higher US dollar has stopped and starting to reject New York session -0.27 weekly bullish fib 15 minute rejection candlesticks
Hello,Traders! EUR-GBP is making some Wild fundamental moves However, there is still Place for some good ol Technical analysis even In the abyss of madness And according to the Technicals the pair Will probably move Further down towards The target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
XAUUSD is a very, very aggressive drop from the 1860 level due to a very strong selling power at this level
If CADJPY breaks the high, it will push up and we will be looking for buys instead. With current market structure it is showing bearish moves, so I will be expecting a breakout once its breaks through the low (red zone) then we will be on heavy sells! Cheers scalpers!
USD still looking bullish, going to look for a retracement during London session up to my Gann box (void area) then look for shorts off that session high down to a possible Asia session low.
I have been focusing on US30 for the last 9 months and accoring to my analyses this should sell of till 15M Supply szone
HEAD and shoulders retest was perfectly played we will start to add more positions on another pull back!
As we can see, our structure zone was respected(purple box) as support, but was broken threw and now will be used as resistance, which is known as Role Reversal. the market will retrace back to 1.23196 and will shoot back down to our last low point. Pips to be grabbed and collected Ladies & Gents. Risk: 28 Pips Reward: 199 Pips
With plenty of liquidity to downside and huge 4H FVG down below i will be looking for short position on gold... with price peaking at 1795 phycological level price has since been struggle to get back above... DXY has a buy maker model up into the 1H FVG , that in mind sells against the US dollar seems logical. gold has taken previous daily high so i will be...
Looking for buys during UK session, anticipating the price to test the support at .400 to take a buy for 20/40 TP targets
EURCAD has been falling for 2 years. I could have been rich if I focused on sells only. So I will be looking for sells until it touches the bottom at 1.22. May keep going down long term to parity.
as you can see, we re testing structure zones(light purple box) and can be looking to test next support zone. RvR ratio is looking 3.1 pips to be collected ladies an gentlemen!!! Risk:40 Pips v Reward :125 Pips
I'll be looking for sells if gold breaks 1705.805 today