Hello Traders, Gold has recently experienced a pullback around the $1990 area, where it coincided with the 50% Fibonacci levels. This seems to be a good entry point for the continuation of the uptrend rally, following the main trend. We anticipate a fresh pullback in the long view.
s anticipated in our previous ideas, GOLD appears to be gearing up for a new bullish run. During the Asian trading session, the price found support in the 2010.000 area. Our forecast indicates a potential long continuation in line with the current uptrend.
On Wednesday, EUR/USD saw a slight retracement from its initial move to 1.0970. Despite this, the Final Services PMIs in Germany and the Eurozone remained strong in March. The US ADP report came in lower than expected at 145K jobs, down from February's 261K jobs. As a result, EUR/USD experienced some gains and losses around the 1.0950 level. Initial resistance...
After hitting our previous take profit, GOLD is attempting a pullback at the previous resistance level before setting up for another long position in the direction of the main trend. Our idea is to retest the value of 2019.25 before experiencing a strong bullish impulse.
Yesterday, as we explained in our idea, the EUR/USD experienced a significant bullish impulse following the release of certain news. Today, the price is currently in the profit zone, but a pullback is causing the EUR to take a pause before continuing in the direction of the main trend. This is expected to be a temporary setback, and the EUR is likely to continue...
Yesterday, the EUR/USD pair followed our analysis and hit our take profit levels. Today, the price continues to rise, potentially reaching a value of 1.1000. We are anticipating a bullish continuation in line with the main trend.
Yesterday, gold experienced a significant bullish surge as we previously anticipated, hitting our take profit levels. Today, the price is consolidating and forming a Bullish Flag pattern, which suggests a high probability of a continuation of the upward trend. However, if the price reverses in this area, we will consider a short setup. Overall, our bias is still...
The price of this currency pair has currently reached the support level on the H1 chart and at the same time is close to the short-term rising trend line. Currently, the price is testing both the trend line and the support. We expect a break below this support level and a subsequent decline down to the next support level where our Take Profit is placed.
🔰You can see the analysis of the US dollar to Canadian dollar currency pair in the four-hour time frame (USDCAD_ 4H) 🔍🧨 💥Considering that the price has been able to break the Down trend line🖤, if the price can reach the DEMAND zone, it can rise to the SUPPLY zone🔺🚀 Do you think this analysis can be profitable🧐❓ I hope the analysis was useful for...
After the record users and orders in the pandemic: Now DASH is threatened by UBER eats and other food delivery apps while orders are declining thanks to the covid restrictions lift. Looking at the DASH DoorDash options chain ahead of earnings , I would buy the $55 strike price Puts with 2023-3-17 expiration date for about $4.40 premium. If the options turn out...
The currency pair of the franc against the dollar is now moving around an important resistance price level on the H2 chart. Based on the previous move, where the price bounced off the support and started form a short-term uptrend, we think the price could continue to rise and break through the resistance. The target price would be at the next resistance level. In...
The price after he broke the support, turned back, broke the resistance, which turned back into the support It's good to enter now 1.7499 Put the SL below the support, at the price of 1.7462.
EURJPY is in a strong down trend, has reached key resistance. It was a fake out, but the price continued bearish, confirming a strong bearish The price presents a support at the price of 140.18, which may indicate that it will send the price up to the resistance from the down trend, and after falling to the key support. Like and comment if you want more trading...
AUDNZD After being in the uptrend, it broke the resistance from the up trend and is heading towards the support at the price of 1.065 The price is in a position with high volume node, also at the support at 1.065 is volume, and I think it will break the support as well. On weekly chart the price is bearish, which can count the same for another week.
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.
Price engineered liquidity, took out liquidity, reacting to 8hr supply zone.. Short target previous swing lows
EURUSD It was at a strong time after the NFP news. The price has reached a point of resistance, responds pozotively after being in bullish. For a better entry and confirmation would be at the price of 1.0656
The price tested the resistance at the price1832 and then broke it, which has now become support, and the price has responded positively to the support by rebound. I have expectations that in the short term it will go down, hitting the support. Gold has no intention of stopping, it will go higher and higher. I think the gold is going to have a fake out and then...