Going long on gold at least targeting the 1951 area zone. Use proper risk management. Happy trading!
The technical picture of USDCAD on our 4-hour chart shows that the pair is currently trading inside a descending triangle pattern. According to Technical Analysis rules, such patterns tend to break to the downside. For that, a confirmation break roughly below the 1.3650 zone would be needed. This way, a forthcoming lower low would be confirmed and more sellers may...
Riding XAUUSD all the way to the 1918 area. Use proper risk management. Happy trading
Looking to take a couple of pips to the upside before focusing on short opportunities to the downside for the rest of the week. Use proper risk management.
Last trade to close a god trading week! Use proper risk management. Happy trading!
DXY frenching 200ma, I don't think he's letting go anytime soon. Let's see him retest it with a beautiful potential 61.8 level correspondence. Simple and easy like that, Also concords to Feds meeting previsions... let's see the 50bps
USD/CAD create nice strong impulse to the upside but now is time for correction and if the price create candle formation from Fibonacci na 4th trendline touch I will buy.
Going long on this pair, remember to use proper risk management. Happy trading!
Doji is the most powerful single candlestick pattern...this pattern work reversal only up trend and Dow trend market...
As a technical analyst, just learning my fundamentals though😂, I think Eur/Aud is about to down with the head and shoulders pattern showing up, couple with the fact that its first movement for this week is a buy which think is a retracement before the real move downward. My first post, I wouldn't mind for your comments and likes 😉.
Looking at the technical picture of the Australian index ASX 200, we can see that from around the beginning of February, the index has been trading inside a falling wedge pattern, which could be classed as a bullish indication, especially if the upper side of that pattern gets violated. Today we saw that violation and the index made a strong move to the upside. In...
EURGBP found resistance near a short-term downside line. In order to consider a further move north, a push above that line would be required. Please watch the video for the analysis. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful...
EURUSD got a good boost yesterday, traveling back to its 50-day EMA, where it found resistance. If we clear that area, more buyers might join in. For today, watch out for the ECB's Account of Monetary Policy Meeting, together with the EU preliminary CPI numbers. Please watch the short video for the remaining analysis. Disclaimer: easyMarkets Account on...
An opportunity to take short term position on the pair. Use proper risk management and trade responsibly
After a recent decline, the DJIA index found support near the 32700 area, which is near the lowest point of December. If, eventually, that support area surrenders, this could clear the path towards the 31740 zone. Alternatively, a break above a short-term tentative downside resistance line, drawn from the high of February 14th, could help attract the bulls back...
Brent oil continues to trade between two trendlines, a short-term upside one taken from the low of December 9th and a downside line drawn from the high of July 28th. As long as the commodity remains between those two lines, we will stay neutral. If the downside line gets violated, we will start examining higher areas as potential targets, however, more buyers...
Over the past five weeks, the global Gold trend has exhibited a bearish sentiment. A notable decline was observed on Friday, 24th February. Subsequently, on the 27th of Feb, there was a corrective move to an equilibrium price region (1818.50-1820.063), which coincides with an intraday resistance level. This level demonstrated strength as sellers defended the area,...
The technical picture of DAX on our daily chart shows that the index is currently stuck between two trendlines - a short-term downside resistance one taken from the high of February 9th and medium-term upside support line drawn from the low of October 3rd. Given that DAX has been on a roller coaster ride for the whole month of February, we need to see a clear...