Since the end of October last year, UsdJpy has dropped 2500 pips from top to bottom. However, considering the rise of 50% of the pair since the beginning of 2021, this is just a correction of the long-term trend and, in fact, the pair seems to have found a bottom exactly in 50% Fibo retracement of this strong bull leg. At this moment the pair is consolidating...
The market tested resistance and dropped by forming a double top. I think gold might go down to test support from resistance if price makes a fakeout or double top because price shows overbought condition and divergence at the resistance on 4H timeframe. I think it will go down if price rolls back to recent resistance and trendline which is upper border of the...
Here on NZDJPY pair, I spotted a perfect example of a top-down confirmation trade. Approaching a key level, the price formed a head & shoulders pattern on 1H time frame. Its neckline was broken, and the candle closed below that. We can go short from a broken neckline. Goals: 84.09 / 83.73 ❤️Please, support my work with like, thank you!❤️
Analysis of #GBPNZD Hi traders, today we will have a look at #GBPNZD looking at the chat right now you can see the market has tested the structure support zone and showed a bullish reaction also we have the market inside a falling wedge pattern at the structure also key market level of 1.9000, which usually break to the upside if the market will test again...
free signal to our dear followers its seems we can save 150% profit for ourselve's maybe we have another pullback and then good trend can be start.
EURUSD Analysis with complete chart patterns. There is a Head and Shoulder Formation. Also, A Three Drive pattern. and Market structure may give us a Sell opportunity with 20 pip SL and 100 PIP TP. Do support me if you like my working I can share many more analyses. Regards, M Raheel Khan Forex Pharmacy
Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD as you can see we have the market dropping down to test the lows near 1.7500, currently the market is at the resistance zone, if you look at the left side of the chart you can see there are multiple levels of resistance in this area so I expect the market to test the lowes, we have 2...
If you read my analysis you know that I'm bullish USD and although so far the reversal keeps us waiting, my opinion remains the same. Looking at the Dxy chart we can see that since Monday USD is showing some life with yesterday being a very agitated and volatile day. Usually, big volatility is a sign of reversal, and yesterday's low could mark the...
Analysis of #NZDUSD Hi traders, today we will have a look at #NZDUSD similar to my previous Idea here we have another trend line support with the previous structure support level but here as you can see we have a Double trend line coinciding ain't the same level which is 0.64200 it would be a good idea to start looking for a buy if the market actually...
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the NZDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
Analysis of #EURJPY Hi traders, today we will have a look at #EURJPY If you look at the chart here as you can see we are at the daily time frame and I can see immediately that we have a strong structure support level just near the 138.00 area as you can see traders pushed the market up from there at this level So I think the market may come and test...
Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD as you can see looking at the chart the market is falling down and might be wanting to test the trendline support and the structure support level which is also 1.3300 key market level if the market comes down and tests my trendline support and structure support level I will drop a one-time...
These are my daily forecast and markups on EURUSD . Let me know your thoughts below. D | 4H | 15M |
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the CADJPY pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
Looking at the NOTV Inotiv options chain ahead of earnings , I would buy the $5 strike price at the money Puts with 2023-1-20 expiration date for about $0.52 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Since the beginning of December, AudUsd has traded in a range between 0.67 and 0.69. Now the pair looks ready for an up break and the target for this leg up is 0.7150 resistance. I'm bullish AudUsd as long as 0.67 is intact and traders should look for buying dips in search for a good R:R
Friday, Nas100, nicely reversed from important horizontal support from 10600 zone, leaving a bullish engulfing on our daily chart. Also, the price action since late December is drawing a double bottom with confirmation above 11100. If we have this confirmation, the technology index could continue its rise to 11500 zone resistance. Buying dips against support could...
Greetings dear traders, today I expect even after yesterday's not entirely bullish FOMC minutes that we will maintain the trend up to about $17100 but my prediction for long is from the price of $16732 If we close below this marked level we will go lower to $16600 to $16520 which I don't believe at all today