Dear Traders, As we delve into today's trading session, our attention is squarely fixed on USDCAD, where a compelling buying opportunity may emerge around the 1.35750 zone. Within the realm of USDCAD's current uptrend, we're witnessing a notable correction phase, drawing the pair closer to the critical support and resistance juncture at 1.35750. This juncture...
In anticipation of tomorrow's trading session, our attention is fixed on AUDCAD, with a potential selling opportunity materializing around the 0.90300 zone. Currently entrenched in a downtrend, AUDCAD finds itself amidst a corrective phase, edging closer to the pivotal 0.90300 support and resistance area. It's essential to trade prudently, particularly as broader...
As we prepare for tomorrow's trading session, our attention is directed towards US30, with a potential selling opportunity emerging around the 39100 zone. Currently, US30 is tracing a downtrend but undergoing a correction phase, drawing near the critical support and resistance area at 39100. Augmenting our analysis with a fundamental perspective, the last...
Rationale: Stock has been taking rest at short term moving averages but MACD and RSI's internal crossover is suggesting some buy.
Hi everyone, Hope your weekend was awesome! DOGE just took off after surpassing the monthly indicator, hitting $0.22. Now, it's all eyes on the weekly, which is about to cross the monthly. We're eyeing a climb to $0.29 first. The daily is acting as support and solidifying the trend. As always, NFA! Wishing you all the best!
Ralph Benjamin hello everyone! Currently, we are continuing to see the continuous upward momentum of XAUUSD, which has reached the level of 2330 USD and is expected to soon reach a new profit-taking mark of 2514 USD as previously predicted. On the price chart, a bullish trend line has formed with support from the 34 and 89 EMA, showing the potential for XAUUSD...
Technicals: CRYPTOCAP:DOGE has broke through a Major Support of $16 and looking to fetch higher towards all time highs The Dogecoin community remains active and engaged, with numerous developments and initiatives that could potentially drive the coin's value higher. For example, there have been discussions about the potential implementation of Dogecoin...
📅 Let's analyze and review this popular cryptocurrency, Mana, together. ⏳ In the weekly timeframe, we're currently within a 600-day box. After approximately 420 days, we've once again reached the upper limit of this box and encountered the weekly resistance at 0.8096, initiating a correction in this trend. 📊 In the daily timeframe, after this encounter and the...
Overall, XAUUSD has completed a cup and handle pattern (as shown on chart 1W). From a personal and theoretical perspective, XAUUSD should grow further. It is worth noting that the mentioned support zones range from Fibonacci 0.786 (2250) USD, the uptrend could get even stronger if it receives strong buying pressure from this support level. But! Based on the setup...
Trade setup : Price remains in an Uptrend. It’s trading in a Channel Up pattern. Swing Traders can enter near channel support trendline, which is also near $105 horizontal support, and exit near channel resistance trendline (~$150). Stop Loss (SL) level at $93. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe...
Attention Traders, In tomorrow's trading session, our focus is on USDCAD, with a strategic eye on a potential buying opportunity around the 1.35700 zone. Currently, USDCAD was trading in a downtrend and successfully managed to break it out, currently is approaching the retrace area at 1.35700. Augmenting our analysis with a fundamental layer, recent Non-Farm...
Greetings Traders, In tomorrow's trading session, our focus is on USDCHF, with a keen eye on a potential buying opportunity around the 0.90000 zone. Currently, USDCHF is entrenched in an uptrend but undergoing a corrective phase, nearing the significant support-turned-resistance level at 0.90000. Adding depth to our analysis, a fundamental layer underscores our...
Here is my latest structure analysis and important key levels to trade on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hello everyone, let's discuss our strategy for the new day! In general, EURUSD experienced a significant increase yesterday, with a rise in price surpassing the 1.0840 level. It is currently trading at a new high of 1.0848, after reaching a milestone of 1.0860, marking a 0.02% decrease during the day. So, what are the reasons and factors that have driven this...
Hi everybody! Today let's discuss XAUUSD. Overall, XAUUSD experienced significant volatility yesterday, specifically breaking through the market's psychological resistance level at the $2070 mark despite market buying pressure weakening. It is currently trading at a new high of $2271 after hitting the 2289-2290 mark, marking a 0.45% decline on the day. So what...
Hello wonderful friends of Ralph Benjamin Let's look at the trends and discuss the next strategy for today! Overall, USDJPY has experienced significant price conflict (indicated by a previously broken resistance line in the market cap-expanding bullish channel) with price gains moving past the 150.00-151 level .00. It is currently trading at a new high of 151.74,...
Hello dear friends! Let's recap the market and discuss our new plan, shall we? Overall, the EURUSD downtrend continued last week. Strong resistance at the 1,080 mark could not cause the EU to break through and the downtrend continued. Currently, EU is trading at the 1.073 mark marking a 0.1% decline on the day. At the same time as indicated (on chart 1D) there is...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 151.500 zone, USDJPY is trading in uptrend and currently is in a correction phase in which it is approaching the trend at 151.500 support and resistance area. Trade safe, Joe.