NZDJPY on the daily timeframe indicates a potential bearish trend. The price has recently breached below the trendline support, signaling a probable breakout. This breach suggests a weakening of buying pressure and a potential shift towards selling momentum. As per this analysis, the target for the bearish movement is anticipated to extend towards the...
Hi guys, I'm back with another gold analysis, as you can see gold is pretty much bullish. which makes buying on demand levels sensible. area 2200-2198 is our first demand level which could be tested today. currently market is trying to break above the ATH. one scenario is breaking above the resistance and then pulling back in which then we would look for demands...
GBPCHF on the weekly timeframe indicates a potential trading opportunity based on technical analysis. Currently, the price is nearing a resistance trendline, suggesting a possible impending pullback. The rationale behind this analysis lies in the observation that the price has approached a significant resistance trendline. Historically, such levels have acted as...
Hey guys! its your girl forex potatoe, i have posted this analysis sometime back and the price never really held as there was no clear direction. So now here is a longterm position or swing trade on this pair with a very clear buy direction Confluences: Double or W pattern RSI Divergence Price currently above the moving averages Third touch Let me get your...
Update for Dollar Index. Earlier, I already shared a bullish forecast. Today, I see an intraday confirmation with a breakout of a neckline of an ascending triangle formation. Next goal - 104.84 ❤️Please, support my work with like, thank you!❤️
Market structure is what I would want to see when making the decision to execute throughout the week. I must admit, in comparison to GBPUSD, it's not pristine but still, money is there to be made! Wednesday is when Euro manipulated the bears by running on mid-week buystops + Fridays buyside liquidity pool before capitulating throughout the remainder of the week,...
📈 Let's analyze MKR cryptocurrency coin for trading in futures together. 📦 In the 4-hour timeframe, after forming a box between 1914 and 2218, we were in a consolidation phase. After breaking the ceiling of this box, we continued our weekly bullish trend. 📊 Currently, we have reached a daily resistance at 3385. After each encounter with this resistance and...
Hello everyone, welcome back subscribers. Please share your personal opinions in the comments. Booster and subscription are appreciated. Today, the fourth-quarter GDP of the UK was announced. It was in line with expectations, but showed a decline compared to the previous figure. Major economic indicators from the United States will be announced starting today,...
hello we had a ascending trend line that broke downward with strong candle. i marked points for short position if you see candle confirmation.
Price currently trend to the downside after the bank of Austria economic data release in the early London session hours yesterday. I anticipate more bearish sentiment to be created today.
It’s Asian session and we’ve found out price keep resisting the area of 191.200. So far, sellers have been dominating the market this week and we anticipate a bearish price action to be developed later today. Target-190.775
Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to...
Dear friends, there must be only one question for everyone now, and that is, will gold continue to fall? I think gold will continue to fall, because gold fell back immediately after touching 2198, and the candlestick body still closed below 2195, once again showing a long upper shadow line, so the pressure above is still relatively obvious. In addition, gold only...
Dear friends, gold fell into a volatile market again after touching around 2198 during the day. During the decline, it only touched as low as around 2184 before rebounding again. The current trend of gold looks very strong. Will gold still fall? In fact, we need to pay attention to one detail. Gold fell back immediately after touching the 2198 position. The...
On Wednesday, Japan's Ministry of Finance, Financial Services Agency and Bank of Japan held an emergency meeting to discuss the financial market. Makoto Kanda warned the market that he might intervene in the market. The USD/JPY and US dollar index subsequently turned from rising to falling. The decline in the U.S. dollar index in turn boosted the gold...
The rise of gold is still a short-selling opportunity. If you still have short-selling orders now, congratulations, follow my signals and prepare for huge profits! I send accurate signals every day while providing the most professional guidance!
The bearish sentiment towards gold is reinforced by its failure to breach both the trendline and resistance levels.
After the occurrence of a double top pattern in Arb, it is anticipated to retrace to the previous bottom level before reaching the initial entry point.