The USDMXN pair has been on a strong rise since July 28th, which was a Lower Low at the bottom of a 2-year Bearish Megaphone pattern. The rally has extended to a point where the price is about to test that 2-year top (Lower Highs) Resistance. The previous Lower High was priced exactly on the 0.786 Fibonacci retracement level and the new one is only a fraction away...
Most opinions say that rising long-term bond yields are still one of the unfavorable factors for gold. Evidence is that in the past week, gold suffered a strong sell-off when the US 30-year bond interest rate increased to 5% for the first time since 2007, while the 10-year bond interest rate reached 5% for the first time since 2007. highest in 16 years, at...
In the first trading session of the week, the USD fell 0.13%, to 104.10 amid US employment data that boosted bets that the US Federal Reserve (Fed) may be about to end the cycle. period of interest rate increases. Meanwhile, risk sentiment improved thanks to hopes that China's stimulus policy could stabilize the economy. Accordingly, Beijing has planned further...
The price perfectly fulfills my last idea. The market hit the target level. The market bounced off the support level and made pullback towards swing level. I expect price to retest the previous support level. If the price breaks below the small upward channel it may go lower because we have strong bearish trend. The market oped with gapped down, it suggests that...
LINK consolidated under 50EMA (4H TF) TD Sequential formed a downward reversal signal (1H TF) The asset started a downward movement. I think the asset will continue to decline.
EGLD broke upwards through 50EMA (1H TF) TD Sequential formed an upward reversal signal (30m TF) 50EMA broke up through 200EMA (30m TF) I believe that the asset will continue to rise after overcoming the resistance level.
During the first Asian session on Monday, the exchange rate between the US dollar (USD) and the Canadian dollar (CAD) continued to decline for the third consecutive session, settling around 1.3650. This drop is primarily influenced by a significant increase in oil prices, presumably linked to the ongoing military conflict between Palestine and Israel. This...
ETC tests 200EMA as support (4H TF) The chart has reached the support area. I believe that the asset will rebound after holding above the support area.
good evening gold gang! .. some terrible news from the middle east this weekend where conflict is breaking out .. this can lead gold to gap up where the big players are shifting their wealth into gold to protect it while at war .. im expecting a gap at the open We have a clear break of structure to the upside in gold for the time being, so im expecting us to...
Hello Traders this is the Refined setup whithin the 4H timeframe, if you already saw the HTF breakdown you will notice why i choose the Long Setup because we still on a bullish trend obviously and the setup is in a discounted price action so if you didn't see the HTF analysis you should view it and read the description if you saw all the description and analysis...
Hello Traders, This the Daily Breakdown for FX:USDCAD on The daily timeframe we already took the monthly and weekly analysis you can check it on #Related ideas what new on this daily analysis! The daily analysis we find our Daily setup entry on a discounted o price with a clear P.O.I below the FVG " Fair value Gap " or IMB, that what we found and we also...
Hello traders, this is FX:USDCAD Breakdown, we see the overall trend is is Bullish there's no confirmation to tell the opposite, so this is a strong Bullish trend we ranging on a high scale but we gonna continue the Upside Movement i be doing a Daily and a 4H Breakdown for FX:USDCAD sonner!
Gold fell after breaking through key levels. The main economic factors are the bond markets, which continue to show rising yields. This has a negative impact on gold. However, it should be noted that the market is oversold, and I believe that we may see a pullback from the demand zone. The market was ranging, but on Friday it bounced off the level and closed above...
Hello traders! Wait for the pair to be confirmed when it breaks the (1843.00) level. A break of the (1843.00) level will bring a bullish move to the (1924.00) level. Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello traders! My opinion is that the pair can make a retest of the level (1.0500) and then go to the level (1.0900). It can be seen that in the weekly period, the pair wants to retest the level (1.0900). Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
✅SILVER was trading in a Downtrend but now we are Seeing a breakout from the Parallel range pattern and The breakout is confirmed So I will be expecting A further move up on Monday LONG🚀 ✅Like and subscribe to never miss a new idea!✅
CHFJPY - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short CHFJPY Entry - 163.95 Sl - 164.56 Tp - 162.68 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello,Traders! GOLD has retested the Horizontal support level Of 1809$ as you can see On the left chart and is making A rebound already. Now, lets Examine the lower timeframe on The right. There we can see a Bullish breakout from the flag Pattern which reinforces our Local bullish biased and I Think that we will see a Further move up on Gold Buy! Like,...