In today's trading session, our focus is on GBPUSD, where we are monitoring a potential selling opportunity around the 1.27100 zone. The currency pair, which had been trading in an uptrend, has recently broken out and is currently in a correction phase, nearing the retrace area at the 1.27100 support and resistance zone. Adding a fundamental perspective to our...
Price action analysis. Important key levels. Directional bias. Top-down analysis. ❤️Please, support this video with like and comment!❤️
Weaker inflation, higher unemployment and gloom from policymakers. The fall in inflation is not the only issue holding the BoE back from hikes. BoE’s decision to pause and the probable end to policy tightening represents a loss of interest rate support Price breaks the channel now, its Good chance to sell now. Thank you
Looking to keep selling now that news came out. Two separate trades charted.
One dollar per DKK might costs denmarks 7.0 krones if the price is about to rest important levels again.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Did some pretty nice trade on UJ Long, bias still on the upside until unless something changes! Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
GBPUSD May get back to 1.29 soon after a strong rejection to the upside on the 8/4 hours charts.
EURUSD might get back to 1.115 levels soon. Lets see how it goes or if some high impact news happens. we'll see
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09100 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09100 support and resistance area. Trade safe, Joe.
AUDUSD may try a return to 0.68 soon. We'll see how it goes. I might re-entry at some point or changes stoploss maybe
#EURUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #EURUSD. EURUSD was falling according to the LTF like 1 hr. Here we can see that it formed a strong rejection candle to the bullish side which indicates that that it will go down son after retesting the trend line. As we can see...
It's been again a long time since we traded the USDSGD pair (October 03 2023, see chart below) but it did manage to give us a low risk sell opportunity: The price hit today the 1D MA200 (orange trend-line) for the first time in exactly 2 months (since November 17). That is a major pressure level as it is also exactly where Resistance 1 (1.34550) is. The...
-> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ. Following swing BOS price very aggressively pushed to the upside. Currently price has printed a bullish iBOS where we are now in the pullback phase of the bullish iBOS. Price has reacted at M15 POI's where we are now approaching internal EQ. Expectation is for price to target weak internal low priced...
- Trend Status Analysis by PresentTrading 'Use backtesting to evaluate and make objective trading decisions.' by PresentTrading #forex #USD #CNY #trading #backtesting
-> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. First structural sign of pullback initiation was the bearish iBOS. Price pulled back to beyond EQ where we saw reaction at POI's. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure is...
Now GU has shown us that it is ready to move bearish. Now looking for a decent pull back for entry on a position. Hoping that we can get for London so a possible nice Sell opp coming for NY session.
This is my Intraday analysis on EURUSD for 17 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish OF Bearish In Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price started the...
#XAUUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #XAUUSD. GOLD was in the down trend according to the LTF. Here we can see that it breaks the down trend line and now going to retest the high probability POI OB. As we can see that it was forming a new LL after each BOS, then it...