Brina greets you all! Currently, the GBP/USD has regained momentum and risen to its highest level in over two weeks at 1.2250 after today's trading session. The positive shift in risk sentiment has made it difficult for the US Dollar (USD) to find demand early on Tuesday, thereby helping boost the GBP/USD. At the time of writing, the UK's FTSE 100 index has...
The market is considering the view of US Federal Reserve Chairman Jerome Powell on whether to continue to pursue tightening or easing monetary policy in the context that US inflation has cooled down recently. . Gold was also supported as many Asian and European stock markets fell. US stocks also performed less positively in the session 27/7. In addition, gold...
Mr. Yeap Jun Rong, strategist at IG Bank, said that confidence in gold has been restored. Gold price is always sensitive to US interest rate adjustments. A falling dollar makes gold attractive to holders of other currencies. According to the World Gold Council (WGC), gold is likely to be supported in the second half of the year amid a weak USD and stable bond...
SOL has entered its correction phase. I map out how it might look.
#nano Hello nano traders! Today I want to post what I'm looking at this moment. I'm sorry about all the horizontal lines, I recommend that you focus on the trend lines and the end of the triangle. I'm really hoping that it breaks sooner. Thanks so much for this ride, fellas. Let's see what happens next.
We just need one day close above 8.13$
We are not there yet. The pitchfork analysis shows that we are still in the normal range of the main bearish trend. However, the price is now resting on strong support which is pushing it up, as indicated by the green Fib spiral. Until it reaches the point of intersection with the resistance line, there will probably be no momentum to go higher as the RSI would...
Technical Analysis: The price on the higher time managed to move upward after finding a 61.80% Fibonacci retracement level. Currently, it is trading inside a wedge formation where expect it to be broken from the upper side. On the lower time frame, the price managed to break the trendline, and we expect a lower correction to the 191.20 USDT mark, and then a pump...
GBPUSD the weekly timeframe is forming a double top at strong monthly resistance, on the daily we are seeing a deceleration from the recent bullish rally, at the moment its to risky to be looking for any short but if the market will break below support and this bullish trendline and close from a daily perspective then we will have new structure and a good...
Fantastic price movement here on $SUSHI. Couldn't look more bullish on the daily. Long from $2.53. Targeting $6-$7-- possibly higher This is one of those charts that looks too good to be true. An obvious LONG. Keep it Simple Stupid
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for AUDCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
AUDJPY - It's another opportunity! AUDJPY Technical Aspects: - Pattern - Bear Flag Formation - Trend-line Down - Trend-line Up (First one - went passed it - if the candle on 4hr closes bearish we see a bearish momentum to continue...To where? To the second trend-line up. - Out of the range it is below bearish momentum next support areas - 74.40 areas. For...
WTI might give good opportunity to buy above 41.30, if trend line is not crossed over then we might see more downside
GBPCAD 1hr timeframe where price had made a break of the channel and now approaching the descending trend line
The market after breaking the discending trendline has break above the lower resistance and retest it Price now is pushing up to break the 2nd structure in hh hl move. If the candle will close above the structure we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below...
HELLO TRADER! this is my GBP/NZD short trend analysis im confirm short team trade this method, 1. moving average (100) OR any trend indicator 2. divergence level 3. candlestick pattern 4. head and shoulder 5.fib level 6.trend 7.chart pattern 8. supply and demand GBP/NZD TREND REVERSAL this moment is bearish retracement .waiting for fall back trend continue...