#US30.. market 3rd time reached at his resistance area, 2 times failed but this time it can behave different. keep close the red area line and buy above that area. if market hold it now then further buying side expected. if not then dtop expected only ,, trade wisely good luck
➡️Yesterday, the D1 bar in AUDUSD witnessed a decrease, closing above the low of the same bar, initially indicating a false break and subsequently confirming this deceptive move. This implies a weakening stance for AUDUSD D1 near the upper boundary of the cumulative price range. The overall structure of AUDUSD D1 remains in a sideways movement. ➡️Although AUDUSD...
➡️On Thursday, GBP/USD continues its downward trend, making efforts to build positive momentum while consolidating slightly below the 89 and 34 EMA. If the losses intensify, a critical support level is identified at 1.2320. It is crucial to uphold this significant support to rekindle optimism for a continuous upward trend. Failing to maintain the price above this...
🔄 Recap This week's market activity showcased the transition between trend and consolidation phases. Friday exhibited a strong uptrend, while Monday shifted to a consolidation mode. Notably, the breakout from the downtrend channel and CPI data fueled a significant rally. However, the consolidation session resumed post-rally, raising questions about a potential...
#USDJPY... market exect hold your upside area and didnot breakout, and going for a healthy retrace 2 times, keep close now usdjpy pair because now market again prepare for flying towards upside one n only area that is mentioned in black line, but pair need anyfundamental push to do that. trade wisely good luck
➡️This morning, the global gold price experienced a reversal, declining in response to the recent announcement from the US economy. The October Producer Price Index (PPI) reported a significant decrease, showing a 1.3% increase over the same period last year. This figure was notably lower than the anticipated 1.9%, and it marked a decline from the 2.2% increase...
The significant surge in prices occurred following the release of last night's CPI news, establishing a fresh high for gold in the first half of the year and sustaining its upward trajectory. At present, the price is approaching a resistance level, presenting an opportunity to either wait for a pullback to initiate a purchase or observe for a potential...
➡️The latest data indicates a significant decline in the UK's annual Consumer Price Index (CPI) rate, dropping from 6.7% in September to 4.6% in October. This marks the lowest figure in two years, falling below the consensus estimates of 4.8%. The notable decrease in CPI reflects a downward trend in inflation, primarily attributed to the impact compared to the...
🔄 Recap In our previous newsletter titled “SPX Is About To Break Out A 4 Month Downtrend”, we anticipated a significant move in the S&P 500 Index Futures (ES). On Monday, ES demonstrated a breakout from its 4-month trendline channel, driven by CPI, resulting in an impressive 100-point surge. This movement aligns with historical trends observed in November...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 DOGE has been overall bearish trading inside the falling red channel and it is currently approaching the lower bound / red trendline. Moreover, the 0.05 - 0.055 is a strong demand zone. 🏹 So the highlighted red circle is a strong area to look for buy setups as it is...
AUDUSD demonstrated a remarkable recovery in the recent session, nearly recovering all losses incurred over the preceding four sessions. The upward momentum in prices is notably robust. Anticipate further upward movement in the price. It is advisable to adjust stop losses (SLs) and maintain existing buying positions. Breaking the 0.65 threshold would serve as a...
Have a good day , all Trader !!! Gold retested 1930 after the last trading session. However Gold cannot break it Then it turned around and rose again. The current increase we can expect is in the 1960 - 1966 area. You can watch to sell early in 1958 - 1960. Or you can wait to buy at the price range of 1930. There is also a good Buy signal there. Stop loss is necessary
Following a bullish CPI takeoff breaking through the key S&R and completing the trend validation structure with a pivot off the top side we could now see gold take a rest and pullback to the identified zone before either continuing the descending channel to push for lower lows or reject off the dynamic s&r midway and break out above the descending channel back...
XAUUSD The price is currently above support/resistance structure, after a pullback if price holds above the support I expect the price to move higher... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURCHF The price is currently above support/resistance structure, after a pullback if price holds above the support I expect the price to move higher... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURJPY price shows rejection from the trendline everytime, price seems to be rejection from the trendline this time too, if price continues to show rejection from the trendline we can expect a bear move this time.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
Recap In yesterday's trading, ES finally bumped into resistance after an 80 point monster short squeeze on Friday. The level of resistance was no coincidence, as it was noted last week that we were closing just above the most significant resistance in ES at 4418-25. This level is the core downtrend line from the August high. The Markets Overnight 🌏 Asia: Up 🌍...
#SILVER... market is at his todayu 2nd resistance area, 22.74 if market hold it then again drop expected oherwise not. if market didnot hold it then upside aeas are mentioned on chart. dont be lazy here guys its your level now. trade wisely good luck