Technical Analysis: On the daily chart, AUD/USD fell below the 0.64 handle but bounced back to retest previous lows, which align with the 38.2% Fibonacci retracement level. This area is expected to attract sellers, potentially driving the price down to the 0.6272 levelh • Economic Indicators: The US economic indicators have been strong, with the CPI beating...
The market plunged to a key level at 2300. OANDA:XAUUSD is testing the previous week's low. XAUUSD has reached the buy zone, as I mentioned in my weekly outlook. On the weekly timeframe, the price went below the last 2 weeks low. We should pay attention to how the day closes today. I think the market might form a small-range zone and then break through it...
The market formed a triangle formation on the 1H timeframe. FX:EURUSD might create a potential fakey pattern, which is basically a fake breakout of the triangle pattern. The price is consolidating in anticipation of the upcoming news reports. I think the market will spike up, take the liquidity, and then move. If the price rejects the key resistance at...
Hi dear traders . Here on AUDUSD I have found that from technical aspect of the market there should be a nice short opportunity this week and next week .As I can see price just broke below the level that was resistance for about 66 days .so I think it's worthy to keep our eyes on this pair in the next couple of the week . Thanks for your time please leave a like...
Traders, D: 4h: Our strategy for this pair involves positioning our orders strategically below the liquidity hunt. By placing our orders in this manner, we aim to capitalize on potential market movements following the liquidity hunt, maximizing our chances of entering favorable positions. As we await the release of Canadian Retail Sales data, it's crucial...
Hi Traders ! After a Huge Bearish Move, The GBPUSD Broke The Support Level (1.24150 - 1.23740). This Key Level Becomes a New Resistance Level ! So, I Predict a Bearish Move 📉 ------------ TARGET: 1.22310🎯
In this analysis we can see that GBPUSD is in a downtrend. The price created an order block on the H4 FT and the zone we should keep an eye on. When price pulls back up to the zone, we have to wait for confirmations before jumping on the trade and to do this, we will look for the change of character on the a lower timeframe such as M15. a change of Character...
4H time frame: 1. 4H swing is bearish, INT is bearish. 2. After swing BOS we can expect swing pullback. 3. Bullish CHoCH is a sign that the INT pullback has started. Now we can play longs targeting at least the EQ of the range. Follow LTF. 15M time frame: 1. The 15M swing is bullish now. After swing BOS we expect a swing pullback phase. 2. Price pulled back...
The next significant event on the horizon is the release of USA Gross Domestic Product (GDP) data. While this announcement has the potential to influence market direction, I anticipate it may not yield significant changes. However, it's essential to remain vigilant and stay updated for any developments following the release. Stay tuned for further updates as the...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation would be for price to retrace to H4 POI or 50% EQ to then target weak internal low. H4 Chart: M15 Analysis:...
AUDCHF is currently in an uptrend, having recently broken and closed above an important intraday horizontal resistance level. The previously broken resistance has now become a support level, with the price currently retesting this level. There is potential for the market to continue rising, with the next resistance level being at 0.5930.
GBPJPY 15MIN R:R = 3 DBD ZONE : This zone is calculated by supply and demand method
Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The...
From what my analysis is saying I will be expecting a pullback from this US30 for a confirmation of a down trade.
GBPUSD 15MIN R:R = 3 DBD ZONE : This zone is calculated by supply and demand method
A lot of identical setups as we are breaking a lot of bearish structures here. On FTM we have had a Supply Breaker now after it seems we have concluded a wave 4 now. Going to target the imbalances on the way up. Bigger RR on this one, as always take your profits as you wish. Looking for the support of the MDAY-H here and the volume. ✅
AUDCHF broke and closed above a key daily horizontal resistance. The broken structure turned into support now. The market may keep growing. Next resistance - 0.5909 ❤️Please, support my work with like, thank you!❤️
US30 30MIN R:R = 3 RBR ZONE : This zone is calculated by supply and demand method