USD JPY tapped into the strong resistance and watch the video to understand how to trade it
As October arrives, crypto enthusiasts and traders are gearing up for what has affectionately become known as "Uptober." Historically, October has proven to be a pivotal month for Bitcoin and the broader cryptocurrency market, with significant price movements and market-shaping events. In this article, we'll explore the historical context of Uptober, examine...
My dear friends, Please, find my technical outlook for USDJPY below: The instrument tests an important psychological level 149.78 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 148.57 Recommended Stop Loss - 150.43 About Used...
My dear subscribers, My technical analysis for AUDNZD is below: The price is coiling around a solid key level - 1.0712 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0774 My Stop Loss - 1.0681 About Used Indicators: By the very...
SPX- 02/09/23 **Trade setup:** Seems to be holding the $4250 area really well, will look to test again to see if they take it out. We have completed the head and should pattern I identified on the 18th of SEPT now we are holding nice in this area so I will look for another test of $4250 to look for a structure break on the 15 min to enter a long. If it doesn't...
My dear followers, This is my opinion on the EURJPY next move: The asset is approaching an important pivot point 157.76 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 156.86 About Used Indicators: For more efficient signals,...
BTC broke up yesterday as I told my server members, so now the next area I think it can get interesting is the $28800 area if we break this BTC will turn bullish again! Now I will be looking for a clean break as I closed my long to make sure I took profits and will watch this area closely on the NY market open. If we reject from here $27000 is the first demand...
My dear friends, Please, find my technical outlook for EURUSD below: The instrument tests an important psychological level 1.0542 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0575 About Used Indicators: Super-trend indicator...
BTC update before Fed Interest Rate Decision as I told u in a video if there were no hike - I think no volatility we would face In a case fo rise- big move watch full update
Hello,Friends! Previous week’s green candle means that for us the NATGAS pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.723. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.589 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.350 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! USD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
$RNDR broke through the resistance level. Bullish movement to 2.26$ is expected to happen
The dollar starts the week slightly lower, with the DXY dollar index down 0.1% at 106.10, but the falls aren't convincing enough to look like they could mark the start of a downward trend, analysts at UniCredit Research say in a note. "We remain skeptical that a shift in sentiment has occurred," they say. The dollar's falls on Friday could simply represent...
The decline in gold prices is closely related to the rise of the US dollar and US bond yields, especially the 10-year bond yield which has reached its highest level since October 2007, surpassing 4.6 %. Kevin Grady, President of Phoenix Futures and Options, noted that gold is facing a major challenge due to predictions that the US Federal Reserve (Fed) has no...
The decline in gold prices is closely related to the rise of the US dollar and US bond yields, especially the 10-year bond yield which has reached its highest level since October 2007, surpassing 4.6 %. Kevin Grady, President of Phoenix Futures and Options, noted that gold is facing a major challenge due to predictions that the US Federal Reserve (Fed) has no...