This is my Intraday analysis on EURUSD for 23 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m Before i start my analysis, i want to share the current trade that i planned it in my analysis yesterday in regards to the buy opportunity from the 4H Demand. Current trade is based on the idea of following the...
We've seen a lot of structures get broken to the downside today, indicating a stronger sell off opportunity. If you look to the right, you'll see later on (few days) we expect Gold to come retest this zone for Wave B. In order for this to be a good Wave B retest zone, we expect 1 of the following 2👇🏽 1. Strong move down here, leaving imbalance which can be filled...
– Previous Daily candle closed Bearish around 1989.900 forming Daily Resistance at 1998.600 as price failed to break above Weekly Resistance formed on 30th October 2023. – Buys on close above 1922.800 targeting Daily Resistance around 1998.600, Leaving Runners to the 1h Resistance formed around 2003.800. – Sells on close below 1985.400 targeting 4h previous...
ey Traders, Check out this technical analysis on XAUUSD. Gold is currently trading with bullish momentum, so anticipate a retest of the broken resistance level and consider entering buy positions. Keep a close eye on this; it could play out in either direction.
Hey Traders, Check out this technical analysis on USDJPY. UJ is currently trading with bearish trend move, so anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
Hey Traders, Check out this technical analysis on EURUSD. UJ is currently trading with bearish trend move, so anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
Hey Traders, Check out this technical analysis on XAUUSD. Gold is currently trading with bullish momentum, so anticipate a retest of the broken resistance level and consider entering buy positions. Keep a close eye on this; it could play out in either direction.
The recent market dynamics have showcased a resurgence in the USD following signals from the Federal Reserve indicating a prolonged period of stringent interest rates despite the apparent conclusion of the rate-hike cycle. Conversely, the JPY has encountered a mixed landscape amid speculations surrounding the Bank of Japan's potential departure from negative...
Hey Traders, In today's trading session, we are monitoring GBP/USD for a buying opportunity around the 1.24250 zone. GBP/USD is approaching a retracement area of the 1.24250 zone. Fundamentally, the latest Consumer Price Index (CPI) data was soft and signals the possibility of upcoming dovish Federal Open Market Committee (FOMC) actions, which may trigger some USD...
Gold analysis still valid, we just experienced a much deeper retracement to the upside then expected. I’m still waiting for a strong move down (Wave A), then wait to enter on Wave B correction for a safe entry. Always sticking within the risk parameters for our Gold Fund investors🤝
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.0800 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.59200 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.59200 support and resistance area. Trade safe, Joe.
The dollar index has experienced a rebound, surpassing the 103.00 threshold. When examining currency pairs such as GBPUSD, AUDUSD, and EURUSD, it becomes evident that there is further potential for movement within the frameworks we are monitoring. This suggests the likelihood of DXY breaching the 103.000 support level, setting the stage for extended targets in the...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
USDCHF violated a key daily horizontal demand zone. The market is trading below the broken structure for several days. Analysing key levels, the next strong support that I see is 0.878. It will most likely be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️
This is my Intraday analysis on EURUSD for 22 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish 2. Bullish Swing continuation happened as expected and we created a Bullish BOS. After a BOS we are expecting a pullback and first sign will be a...
Hey there! Let's take a look at what's happening in the market: Good news for the Euro! It's making a comeback, breaking the important 1.0700 mark against the US Dollar. People are thinking that both US and German yields might decrease, and there's a vibe that the Fed won't be raising interest rates in December. On the European Central Bank front, it seems like...
– Previous Daily candle closed strong Bullish around 1998.700 forming strong Daily Support around 1977.600. – Buys on close above 2005.500 targeting 4h Resistance formed on 16th May 2023 around 2012.300, Leaving Runners to the Weekly Resistance formed around 2017.300. – Sells on close below 1996.000 targeting 4h previous Resistance around 1991.900, Leaving Runners...