dxy shows a strong bullish momentum candle, there is possibly for a potential rise after dxy takes out the BSL in to the demand zone with engulfing pattern expect further rise in to 102.214 zone
USDCHF indicate a possible potential buy by indicating a bullish momentum candle, USDCHF will riseto 0.87578
USDCAD approaching a demand zone after going below 1.31567 taking out the liquidity i expect USDCAD to go long, best below 1.31567 on hitting the demand zone 1.31453 to a target 32017 or 32293
USDCAD shows a possible potential bullish continuity to further push to the upside to price point 1.32897 or supply zone at 1.33873 UC react on a strong demand zone.
after a failure swing when price couldn't reach 35392.58 price point and an obvious bearish engulfing all on the supply zone which indicate a potential retracement to 34955.92
Setup: The EURAUD is trading in a bullish trend and has recently broken out above the 1.6362 resistance level. Entry: Buy at 1.6362 with a stop loss below 1.6316. Target: 1.6450 and beyond. This trade is based on the following technical analysis: The 1.6362 resistance level was a key level of resistance, and the break above this level is a...
wait for price to reach the demand zone 1937.48 to go long, taking a short position should be around 1972.70 to a target 1944.43
if Gold takes out the sell zone as in the red arrow shows, expect a possible rise after a retracement with respect to the strong buy zone. at this moment gold is in range between these two zones, looking at the candles it obvious seeing a bullish momentum candles, indicating a possibility that the sell zone will not hold. seeing a momentum candle on a demand...
Making a top down analysis from higher TF, starting from weekly, looking at the ascending trend line, gold is in uptrend, after weeks of correction that broke the trend line into the strong demand zone, moving to daily TF and seeing a reversal candle stick star pattern on the strong demand zone it could be the end of the corrective move. on 4H TF price is in range...
Price might retrace at the supply zone to $17.76 but possible buy should be around $16.94 at the demand zone. observing the descending trendline Solana is bearish since the trendline is not broken also the ascending trend line guiding the retracement into the supply zone if not broken there is possibility for solana to go bullish and take out the supply zone(sell zone)
GBPUSD respect the sell zone(supply zone) multiple times making the sellers dominant the obvious target is 1.26223 or 1.25991-1.25725 at the demand zone, a possible rise might occur.
considering the strong rejection from the demand, shows that bull might take control around level 1.32349 to the upside value 1.32735 or 1.32858
1- if price comes back and a candle stick closes in the red zone, the setup will be invalidated. 2-price can wick the zone but not close inside. 3-target 1-1.5 rr
Price reacted to a demand zone level 1.08647 indicating a possible further push to the upside as a continuation of the move, a possible short-term buy should be around 1.08743 area, as target should be above the Asian high 1.09143, because the bearish retracement is cause by a bigger time frame.
UADUSD rose over 6% since the end of May. Can it go higher? Analysis on the 2H chart suggests that it cannot. It is presently deep in the resistance/demand zone as delineated by the luxalgo indicator. A long mult-session volume profile shows the high volume area fairly s symmetrical about a POC line which roughly corresponds to a 50% Fibonacci retracement...
USDCHF established a bearish bias on daily time frame wait for price to retrace into the key zone scalp short,
demand level of proximal price @ 101.500 is in control of price , targets levels at nov 22 price areas at supply level of proximal price @ 112.000 supply and demand in combination with price action! put together by : pako phutietsile, @currencynerd
BOH has been in a downtrend for 2 months since the very beginning of the small bank crisis all precipitated by the fed and its rate hikes confounding the value of bonds with fixed yields. As can be seen on the 4H chart, price was in consolidation in January and February but the dropped out of the supply / resistance zone which is quite thick by the Luxalgo...