⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
The price is in a very nice downward trendline, along with touching the EMA, setting up a SELL signal
⭐️ SET UP EUR/ JPY PRICE:
🔥SELL zone: 160.800 - 160.950 SL 161.300
TP1: 160.510
TP2: 160.210
TP3: 159.820
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support...
⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and...
Hi Traders!
EURUSD has had double price rejection at the resistance, and there are shorting opportunities near the resistance to target support levels below.
Here are the details:
There is double price rejection at the 1.09986 level, which tells us that bearish demand is currently too strong in this area.
We are looking for a momentum price break and a close...
So, it's happening.. Finally..
This is not farewell, just g'bye for a bit..
Retracing from what has really been an uncharacteristically stable rise for weeks.
It completed the obligatory double-top 5 days ago, and is about to start the descent. Usually a slow, steady trend in one direction is followed by a violently aggressive opposing movement, so keeping my...
Hi Traders!
NZDUSD is testing the monthly high for the first time, and there is an opportunity for a short entry back to the support level.
Here are the details:
The monthly high at 0.62498 is the key level here, and as the market is testing it for the first time, we are looking for the resistance level to hold. The longer the market holds below 0.62498, the...
Hi Traders!
EURUSD is forming a potential double-top pattern, and there is great risk-reward potential for shorting opportunities near the resistance.
Here are the details:
The market tested the previous month's high of 1.10173, but the bears are holding very strongly around this level, which has currently formed a double-top pattern on the chart.
Preferred...
Hi Traders!
USDCAD has formed a head-and-shoulders pattern and is approaching the neckline.
Here are the details:
There is a current lack of buyers in the market, and the market is trending down with swings of lower highs and lower lows. Our plan is to sell rallies looking for a break below the neckline and target the 3-month low at the 1.33802...
Hi Traders!
AUDUSD is in a descending triangle, and there is a possibility of a break below the trendline support.
Here are the details:
The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline and exit at 0.64924.
Preferred...
Hi Traders!
EURUSD is now under pressure following the NFP report. Momentum is now back with the US dollar, and further downside momentum looks very likely.
Here are the details:
The market is trending down following the break and close below the 20 EMA. There is a possibility of the market going back below the 1.07 handle.
Preferred Direction: Sell
Entry...
Hi Traders!
GBPUSD continues its bearish outlook, and further downside momentum looks very likely.
Here are the details:
The market is trending down, with longer swings consisting of lower highs and lower lows. The previous support level of 1.26034 has been broken, and the market may go back to below the 1.25000 level.
Preferred Direction: Sell
Entry Level:...
Looking at the current structure it makes sense to look for sells in this market as it is at the peak of the mountain 🏆...this is my immediate response to the current market condition however I'm open to anything that could possibly happen..in the meantime I'm bearish unless my resistance can be violated then I'll consider looking for further buys to create a new high💯✈️✈️
