This is my Intraday analysis on EURUSD for 15 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE : No much development in price since NFP (2 Weeks). Can't see suitable option within that range knowing that it's a big range. But best is always wait for the setups that you are trained on and not to force a...
– Previous Weekly candle closed Doji Bullish around 2049.100 forming weak Weekly Support around 2045.500, Friday Daily candle closed strong Bullish above recent Daily range, Rejecting recent Weekly Resistance. – Buys on close above 2056.500 targeting Weekly Resistance formed on 1st January 2024 around 2063.100, Leaving Runners to the 1h Resistance formed on 2nd...
Until price continue holds the 1.2720 level, i would be looking for buying opportunities on intraday timeframes, or if price come to 1.2795 major support level and shows the depletion in bullish momentum, i would be looking for Sell opportunities on intraday timeframes
May profits be upon you. DXY is now consolidating in between a bullish FVG and an bearish FVG. But it has been bearish, with downward momentum. I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows. I believe the low at 100.320 is the DOL (Draw On Liquidity). Leave a comment, as I...
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62500 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.62500 support and resistance zone. Adding a fundamental layer to our analysis, the recently...
This is my Weekly analysis on EURUSD for 15-19 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ 2. After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Nothing much changed as compared to the week before..just a quick update.. play the range, know the game. If you play the range for usd then know that it would not bring you big pips move since its a range. Manage your own risks :) Do check out my stream video for the...
We are now 2 weeks in on the new year and as the major players come back in to the market it looks like they spent the first 2 weeks of the year accumulating orders to go bearish. As we come into the new week we are looking for more signs that price wants to go bearish now.
In the upcoming trading week, our focus turns to USDCHF, where we're eyeing a potential buying opportunity around the 0.84800 zone. Despite trading in an uptrend, the pair is currently in a correction phase, making its way toward the trend at the 0.84800 support and resistance area. Delving into the fundamental landscape, recent Consumer Price Index (CPI) data...
Here is my latest structure analysis for EURUSD. Support 1: 1.0876 - 1.0895 area Support 2: 1.0723 - 1.0760 area Resistance 1: 1.0974 - 1.1000 area Resistance 2: 1.1106 - 1.1140 area Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
The U.S. Dollar Index has closed the week on a flat 1W candle, the first such since October 2nd 2023 on a marginally bearish 1W technical outlook (RSI = 43.488, MACD = -0.450, ADX = 30.953). The 1W RSI has rebounded on the S1 Zone forming a HL trendline and this gives shape to a Channel Up. This RSI formation is much like the bottom's of 2021 and 2018 as you can...
EURUSD is neutral on all high timeframes with our focus on this analysis in particular being on the 1M timeframe (RSI = 51.643, MACD = -0.007, ADX = 25.957). The reason is because we want to keep ourselves aware of what the underlying long term trend is. And based on the 1M RSI it is bearish, as the indicator shows a peak. It is the same peak that for the last 10...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 144.100 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 144.100 support and resistance area. Trade safe, Joe.
Hey everyone! Let's dive into what's going on with gold after the CPI news. We saw a spike, followed by a channel formation. But after losing channel support, I'm expecting gold to enter a trading range, starting with the first pullback post-spike. Notice how gold experienced three bearish pushes, each weaker and shallower than the last, barely breaking the...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago made a strong upward impulse to 2145 points, but at once in a short time declined to the resistance line of the triangle, thereby breaking the 2075 resistance level. But later, the price rebounded from this line and made a downward impulse to...
Hello TradingView Family / Fellow Traders, 📈 USDCHF been overall bearish , trading inside the falling blue channel and it is currently approaching the upper blue trendline. Moreover, the zone 0.86 is a robust supply zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups, as it marks the intersection of...
Buying Gold due to the failed close below 2016. I predicted 2012 last week, but to see this I'd anticipate good confirmation. This has not happened yet, CPI has dropped gold over 150 pips, now im expecting a clear push back to 2025+ area. Ive entered at 2016.54, targeting 2029.54 and my stop is set at 2013.54. Gives me a 1:4.33 R/R 1%Risk Entered at the low end...
Central Bank Meetings: Bank of England Monetary Policy Committee (MPC): This takes center stage on Wednesday, January 10th. A 50 basis point (bps) rate hike is widely anticipated, but the market will be looking for any hints about the future trajectory of rates. A more aggressive tightening path could strengthen the pound against the dollar. Economic Data:...