Chfjpy is currently stalling at 169.718 region at which if we see chfjpy breach 169.293 and we see a pull back to the key level on the chart, i see chfjpy dropping.
Hello traders, we want to check the EURGBP chart. After breaking the channel and a strong upward movement, the price is making a correction to a key level. We expect this level to play the role of a support level and the price will maintain its upward trend and grow to around 0.86400. Good luck.
USDCAD tested an intraday horizontal support. After its test, the price formed an inverted h&s pattern on an hourly time frame, and broke its neckline. We can expect a pullback now, at least to 1.36845 ❤️Please, support my work with like, thank you!❤️
Altcoin temporarily halted its decline as BTC began to rebound, but many tokens are still below their prices half a month ago. Among all tokens, we discovered an interesting phenomenon. As a meme coin, DOGE's performance in April was stronger than most other tokens, close to BTC. As we all know, meme coin is not supported by the any protocols, but more by the...
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. Amidst the situation where the Japanese authorities are refraining from market intervention, there is a growing expectation that the timing of the US interest rate cut will be delayed, despite the resilience of the US...
FX:XAUUSD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228. April 19 idea: The market is getting ready to turn around, collecting liquidity from buyers On H1 the price is forming a bearish momentum, since...
AUD/USD rises today as inflation data from Australia came in higher than anticipated. March CPI accelerated for the first the first time in months (+3.5% y/y), Q1 rose 1% q/q (from +0.6% prior) and on a yearly basis it came in at 3.6%, which was above forecast. The Reserve Bank of Australia has refrained from raising rates for the past three meetings and has...
Hello there, CADCHF is bearish at the H1 timeframe, aiming for the 0.58347 area for the drop of WXY leg extension of ABC. There is an open area at 0.58000 that could potentially influence the price to drop further. In the Second scenario: The price could potentially reverse, turning bullish due to unclear bearish waves for ABC. They are too steep on the way...
Hello there, XAUUSD seems to be following an ABC bearish sequence, reaching support at 2297. A drop below 2304.183–2297.093 will continue the bearish momentum to the 2280 and 2274.994 lows. Happy Trading, K.
AUDCAD OANDA:AUDCAD - Apr. 18th, 2024 BUY/LONG ZONE (GREEN): 0.88750 - 0.89550 DO NOT TRADE/DNT ZONE (WHITE): 0.88500 - 0.88750 SELL/SHORT ZONE (RED): 0.87850 - 0.88500 Weekly: DNT (at last week's close it was labeled bullish, with current momentum it's DNT) Daily: Bearish 4H: Bearish OANDA:AUDCAD has broken done into the next zone. This is what I would...
TESLA NASDAQ:TSLA - April 8th, 2024 BUY/LONG ZONE (GREEN): $181.00 - $208.50 DO NOT TRADE/DNT ZONE (WHITE): $162.00 - $181.00 SELL/SHORT ZONE (RED): $135.00 - $162.00 Weekly: Bearish Daily: DNT - Lean Bearish 4H: DNT NASDAQ:TSLA has been trading through a clean range for about a month now. There was strong bearish momentum that ran through my DNT zone and...
This pair has been stuck in a range between 1.105 & 1.055 for nearly 2 years and has just broke out of the short term resistance @1.095 The next logical move now is for the pair to test the top of the 2 year range above 1.10 and as it does this is where I will be looking for SELL setups. The daily chart below gives you a clearer picture of the 2 year range and...
Good Morning Traders ☕️ This are my two zones for today 💡 Yesterday everything happened so fast based in the news and price action that I didn’t manage to share out the exact entry for the second trade. 🙃 Let’s focus now on those two zones that are marked on the chart and move on 💪 Hope you have a profitable day today! 🤝️️️️️️ Trade smarter, not harder! 💼📈...
BTC finally made it down to the H4/D1 range tome to buy back up to ATH
Hey there, savvy traders! Hope you're riding the market waves! 🌊 Yesterday saw gold take a dip, but now it's caught in an exciting range from 2326.73 to 2330.42. 📊 Get ready for two potential biases: 🔍 Bias 1: If gold breaks above and closes higher, get set for electrifying buying opportunities! 🚀📈 🔍 Bias 2: Should gold break below and close lower, gear up for...
After correcting 44% following its new high on March 18, the Solana found its bottom at $117. It is now back on the rise. It has retraced into its OTE zone and recovered large areas of liquidity. I'm long the Solana, with a first target at $176. I think it's within reach by the end of the month. Feel free to subscribe and boost this post if you enjoyed my...
The dollar index broke the consolidation zone of the 106.200-105.500 range. the market broke out to a downside level and now tested its 105.500 level of support that's become resistance. If the market rejects this level then more downward to 104.800 which is the support and demand area.
After reaching its ATH on March 21, the NAS100 has corrected in recent weeks. We have retraced to its OTE zone, recovered large pockets of liquidity and filled the imbalance. The market now seems to have turned around, closing 3 days in a row higher. I think the NAS100 will be looking for a new ATH in the coming weeks, as the trend remains bullish in the...