BINANCE:KEYUSDT (4H CHART) Technical Analysis Update TOKEN is currently trading at $0.005283 and got reject from the resistance line and kind forming the triangle pattern (Yet to fully form the triangle) We can enter a short trade here and exit at the next support level around 0.04600 Long Entry level: $ Around 0.005151 Stop loss: below $ 0.005405 Target 1:...
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25700 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25700 resistance zone. Adding a fundamental layer, The Federal Reserve's recent warning regarding potential changes to its monetary policy...
In today's trading session, our attention is on EURUSD, with a potential selling opportunity around the 1.08800 zone. Technically, EURUSD is in a downtrend, and it's currently undergoing a correction phase, nearing the trend at the 1.08800 support and resistance area. Adding a fundamental layer to our analysis, recent remarks from Federal Reserve Chairman Jerome...
In today's trading session, our focus is on XAUUSD as we identify a potential selling opportunity around the 2034 zone. Gold, amidst a downtrend, currently navigates a correction phase, nearing the 2034 support and resistance area. Adding a fundamental layer to this analysis, the recent warning from the Fed serves as a crucial factor influencing market sentiment....
USDCHF is on a pretty long downtrend these days, maybe with a little bounce in a new downtrend channel? I'm thinking of giving selling a shot.
Hello,Friends! USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 145.881 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the CHF/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 170.431 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.817. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 level. P.S Please,...
✅USD_CHF is going up now But a strong resistance level is ahead at 0.8719 Thus I am expecting a pullback And a move down towards the target at 0.8660 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Take a look at our analysis for DXY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 103.475. The above observations make me that the market will inevitably achieve 103.107 level. P.S We determine oversold/overbought condition with RSI indicator. When it...
Here is our detailed technical review for AUDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 96.632. Considering the today's price action, probabilities will be high to see a movement to 96.007. P.S The term oversold refers to a condition where an...
Hello,Traders! NZD-CAD keeps going Down and the pair broke The key horizontal level Of 0.8195 then made a Pullback and retest and now I think it will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
With H4 and Daily trend There is a pattern on M30 There is a double top with a divergence Stop loss is above 0.53 The target is 0.5245 Quick trade as risk to reward is not that much
Hello,Traders! CHF-JPY is making a Pullback from the horizontal Resistance of 171.800 from Where I think we will See a local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478. This image here is from the March 23' BTFP run into the...
AUD has been weak across the board and is giving potential opportunities to go short. In AUDCAD the Daily bias is bearish and could continue lower. The D chart presented us with a SWH with its 3rd candle lows being breached by today's price action. Ideally in the 1H, the chart will set itself up either in London (2am) or NY session (7am-9am) for a short after a...
Hey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 90.400 zone, NZDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 90.400 support and resistance area. Trade safe, Joe.