GBPUSD H8 Yesterday evening, we thoroughly analyzed this particular currency pair with one of our coaching members. We emphasized the evident confluences, including notable supply and resistance zones, along with the psychologically significant 1.25 price level. Today, we anticipate a slightly bullish trend for the USD, anticipating a relief rally after a...
Hi Traders! From a technical point of view, Gold is approaching some interesting support levels, and we cannot rule out some technical rebound, perhaps at the beginning of next week. If Gold falls below these levels, in the short term we expect some profit taking and some timid rebound cannot be ruled out. Move stop loss to breakeven as soon as possible. Trade...
Hello traders! Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1.08860). If the price manages to break the level (1.08860), then we will have a buy movement at the levels (1.09310); (1.10000) ; (1.11040). My opinion is that the pair will keep the bullish movement. Wait to enter the trade! Be...
Hello traders! Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1975.00). If the price manages to break the level (1975.00), then we will have a buy movement at the levels (1988.00); (1995.00) ; (2002.00). My opinion is that the pair will keep the bullish movement. Wait to enter the trade! Be...
Hello, everyone. The context for continuing the long position is evident. I have no desire to reverse the chart, but I am also aware of the importance of correction after such an impulsive movement. My plan is to start working in short positions only after breaking the market structure on the hourly timeframe. Until then, I operate in conjunction with the daily...
The pound appears even more technically sound compared to the euro. On Monday, with an aggressive movement, the price confirmed the structure by securing itself above the previous maximum and then reached the fractal maximum formed in September. Starting from Wednesday, we rapidly covered the imbalance formed since Monday. For the next week, similar to the euro, I...
GM context long.Logical target is PDH. Would like to see reaction from asia low
Dollar Index formed 2 bearish patterns: First, the price started to trade within a rising wedge pattern, Then, a cup and handle formation was formed within its boundaries. With a single 4H candle, the price violated both the neckline of the pattern and a support line of the wedge. I expect a bearish continuation to 105.45 now ❤️Please, support my work with...
NZDUSD is currently approaching a strong intraday/daily horizontal demand cluster. After a CPI release, pay attention to an expanding wedge pattern on a 4H time frame. Its resistance breakout - 4h candle close above - will give you a strong bullish confirmation. A bullish movement will be anticipated at least to 0.5899 Alternatively, a bearish violation of a...
GBP/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
The world market gold price continued to increase sharply when the US announced the consumer price index (CPI) showing that the annual inflation rate decreased from 3.7% to 3.2%, lower than the forecast of 3.3%. %. The core CPI rate (core inflation after deducting energy and food prices) also cooled from 4.1% to 4% - marking the lowest level since September 2021...
BUY ABOVE - 19460 SL - 19420 TARGETS - 19490,19540,19590 SELL BELOW - 19420 SL - 19460 TARGETS - 19370,19350,19270 NO TRADE ZONE - 19420 to 19460 Previous Day High - 19490 Previous Day Low - 19420 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
In the higher timeframe, Bitcoin (BTC) is currently encountering two significant resistance levels that it must surpass for a more bullish movement to materialize. Why is it so strong? it's a 446-day resistance In the daily time frame "After each significant or sudden movement, Bitcoin has exhibited a tendency to consolidate sideways." here we can see a...
Statement from Japan's Minister of Economy on the third quarter GDP report: It should be noted that the threat of global recession is depressing the Japanese economy Domestic demand, including consumption and investment funds, decreased significantly in the third quarter Personal consumption slumps due to rising prices Industrial production is under...
Following the establishment of a bullish pattern near the 1.2200 support zone, GBPUSD is experiencing a resurgence in bullish momentum. Our current stance maintains buy positions based on earlier signals of a bullish reversal, including the double bottom pattern and the price breaking through the existing structure. It is advisable to retain these positions with...
lack of prerequisites for a reversal, clear short context, I would like to see work with a local minimum
CRYPTOCAP:FXS broke through the resistance level. Mullish movement to $10.4 is expected to happen.