Hello,Friends! We are now examining the GBP/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.145 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the SILVER with the target of 29.086 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
USDCHF formed a tiny double bottom pattern after a test of a wide key intraday horizontal support. I think that the price may pull back from the underlined blue area. Goal - 0.893 ❤️Please, support my work with like, thank you!❤️
XAU/USD is trading around 2,322 USD/ounce, down 11.6 USD/ounce compared to last week's result. Adrian Day, of Adrian Day Asset Management, said gold prices are recovering after last week's sell-off amid dovish US economic news, weak inflation figures and higher unemployment claims, both support cuts interest rate. Colin Cieszynski, market strategist at SIA...
The US Federal Reserve (Fed) decided to keep interest rates unchanged The Fed's main message is that inflation remains high and a tightening policy stance needs to be maintained for a while longer. This means that the USD is still at a high level, reducing excitement in the gold market. Markets will shift their focus to Europe this week as the Swiss National Bank...
principal message is that inflation stays excessive and a tightening coverage stance wishes to be maintained for some time longer. This approach that the USD remains at a excessive level, lowering pleasure withinside the gold marketplace. Markets will shift their cognizance to Europe this week because the Swiss National Bank and the Bank of England will each...
Wall Street analysts expressed optimism. Specifically, expectations are up 62%, down 15% and flat 23%. In addition, according to Kitco's online survey, it is predicted that gold price will increase by 54%, decrease by 23%, and move sideways by 23%. Marc Chandler, General Director of Bannockburn Global Forex, said gold prices increased, breaking a 3-week losing...
Apologies for the short break, I was away on holiday. My trade ideas were still active in the blog. DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 17 June 2024 BUY LIMIT Order: $2315.02 Stop Loss: $2301.36 Take Profit 1: $2328.44 Take Profit 2:...
Technical Analysis: USNAS100 The price has reached the resistance line at 19,100, indicating a sustained bullish trend. If the price stabilizes above 19,100, it is expected to continue its bullish movement towards 19,440. However, a retest down to 18,940 is likely before the bullish trend resumes. A break below 18,930 on a 4-hour candle close would signal a...
Hello,Traders! USD-CHF is retesting a Horizontal support level Of 0.88827 and as we Are already seeing a bullish Rebound we will be expecting Some local growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBP/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WHEAT/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation,...
Hello,Traders! EUR-CAD is trading along The rising support And the pair is about to Retest it and after that We will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CAD_CHF is trading In a downtrend and the pair Broke out of the horizontal Range pattern so we are Bearish biased and we will Be expecting a bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅AUD_CAD has been falling recently And the pair seems locally oversold So as the pair has approached a horizontal support of 0.9050 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-USD was trading in a Rising channel pattern but Now we are seeing a bearish Breakout so we are bearish Biased now and we will Be expecting a further Local move down Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! EUR-USD fell further down But a horizontal support Of 1.066 was hit and the Pair is already making A rebound so I will be Expecting the pair To go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅NZD_CAD is about to retest a key structure level of 0.8400 Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD is trading above The horizontal support of 0.6099 And the pair is going down To retest it from where I will be expecting A further bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!