Knowing the current situation regarding the war between Ukraine and Russia, my idea is either this war intensifies, or this pair might find a slow grind up towards 1.1250.
== Here are a few comments this morning from the ECB ==
➡️ "We are not seeing signs of stagflation currently"
➡️ "The war in Ukraine will have consequences for EU growth"
➡️ "European & US...
The idea shared is an analysis of USDCAD for a mid term swing.
Fundamentally, The CAD has shown strength owing to the recently released
retail sales reports as opposed to the retail sales report from the US earlier on.
Sentimentally, due to the recent shortage in supply for oil, the demand for oil has increased and
given that Canada remains the 3rd largest...
Hello friends, My take on the United States dollar vs the Japanese yern.
Currently price as approach the upper Trendline of the ascending channel on the 4HTF, same on the DTF with signifies a sell opportunity, I'll be using the 4HTF time frame to spot my entry signal(Reversal candlesticks) and my Target is to support 114.758. Please let me know your take on this...
NZDUSD has tested again its previous lows and once more buyers emerged. The daily studies suggest that a short term bottom is in place. Our initial target for the pair is the 0.6900-20 area. The initial resistance at 0.6830 is broken and now offers support.
We BUY at current levels with tight stops below 0.6825 for 0.6900 target.
Alternatively we will buy again...
Let's breakdown the technicals of AUDUSD:
Monthly
On the monthly timeframe we see a buy pattern break of structure and retest with a new structure forming.
Weekly
From the break of structure on the weekly, market pushed to a 78.6% retracement and has been forming HH's and HL's since the retest and has formed a rising wedge pattern. The rising wedge pattern is...
Daily- Hanging Man Candlestick Pattern. Expecting Bearish Movement.
4H- "M" Pattern/Double Top.
1H- Doji (Indecision Candle) at top of last leg on "M" Pattern.
Expecting price to fully react to pattern once it breaks the neckline. Should see it return to 15000 area to complete pattern.
Daily- Indecision Candle (Doji).
4H- Downtrend. Pullback to 88.6% Fib. Hidden Bearish Divergence. Possible M Pattern seen more clearly on line chart.
1H- Bearish Divergence. Head and Shoulder.
30m- Bearish Divergence.
15m- Bearish Divergence.
Expecting Head and Shoulders/Bearish Divergence to play out and reach 149.588.
EurUsd in H1 timeframe, has broken the trend line as well as crossed horizontal level and also tested, so.... so it's time to go for a beautiful short trade. For VSA Traders, volume also indicates the same direction. If you want further confirmation, you may wait for proper topdown in 5m TF. Good Luck!
Technical Analysis:
-Price has been in a consolidation since 20th April.
-We should wait for a retracement of the supply/liquidity zone to look for a short setup.
-According to the algorithm, price could drop down 1.00% in the next 25 days.
Fundamental Analysis:
-There is high impact news on retail sales for AUD on Monday 10th .
Sentiment Analysis:
-The large...
From Analysis of Gold, I am Looking For Bullish Momentum to pick up, there is strong rejection from 4 Hr trendline as well as support being held. next couple weeks looking for price to break up above 1800 price range. Next thing I am Looking for IS Bullish Price Action to confirm move.
Making MWD analyze. Bitcoin is currently in strong bullish movement on monthly timeframe. On lower timeframes we can see a lot of bullish supportive trendline and valid supportive region with golden fibo on 1H chart. We are looking for possible buy idea!
Have a nice trading day, traders,
BB detectus PDAA
OVERALL TREND- BULLISH ON THE DAILY (OVER 200EMA) and at a corrective retracement of a key support structure level.
Again looking for long setups based on key support levels, looking to break into higher highs with a potential bounce retest of a major key support level at 1.380 and 1.380
Otherwise we have a key support level between 1.367 and 1.368 that price...
![AUDUSD: [Growthbank] AUDUSD Sell Idea](https://s3.tradingview.com/8/8I2szlrI_mid.png "[Growthbank] AUDUSD Sell Idea")
