we didnt get the Etf solved yesterday, soo we didnt bounced from symetrical triangle , TA looks identical to yesterday TA with only some nuremous changes, we need to stay calm and dont get into trade in bad place, market is very volatile on last days . Soo far structure is bullish and we might get daily close today above 44k. But dont trade on outbreak from...
USDZAR some interesting developments for the Rand bulls. 50dma < 200dma (death cross). 3 lower highs forming what could be a potential flat bottom triangle with the base at 18.10-18.20. Some bullish characteristics here which could be shifting sentiment in favour of the bulls but it's still too early too call. Range bound between 18.95 and 18.20 now. A convincing...
Greetings Traders, As we gear up for the upcoming trading week, our attention turns to NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61900 zone. The currency pair has been trading within an established uptrend, and its current correction phase is bringing it closer to the trend at the crucial 0.61900 support and resistance...
Investors are awaiting key data releases like the upcoming U.S. Non-Farm Payrolls report scheduled for Friday, which could influence both gold and the dollar. NFP Report Key for Direction: The upcoming US NFP report on Friday is the main event for gold traders this week. A strong jobs report could boost the dollar and weigh on gold, while a weak reading could...
1. US Treasury yields climb, boost dollar: Rising US Treasury yields are providing some support for the dollar, putting mild upward pressure on the USD/CAD pair. 2. US employment data beats expectations: Positive US employment data released yesterday initially strengthened the US dollar, putting upward pressure on USD/CAD. However, concerns about rising US...
EURUSD is testing trend support, a second retest is formed and the chances of breaking this line are increasing. There is news ahead and if the market gets bad news for the euro, the price may break this area and fall to 1.075 on the background of the dollar growth Prerequisites for further declines: 1) The dollar is fundamentally stronger 2) NFP is ahead, which...
– Previous Daily candle closed weak Bullish around 2043.500 forming weak Daily Support around 2041.300 as price ranges prior to NFP. – Buys on close above 2048.500 targeting 30min Resistance around 2055.000, Leaving Runners to the current Monthly open around 2063.000. – Sells on close below 2039.200 targeting 4h Support formed around 2033.400, Leaving Runners to...
#AUDCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #AUDCHF. Traders, Anna is monitoring the Forex pair #AUDCHF. AUDCHF is going down and following the descending rectangle pattern in the LTF. Here we can see that there is a high probability order block zone...
A clear bullish move is in set for USD/ZAR in order to fill that massive imbalance on the left side. Wanting to enter off strong demand zone where we can see price react off of and consolidate in the past. Watch out for the liquidity depicted by the arrow. Only enter if there is a slow move to entry otherwise price may want to first capture that...
#SSVUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about SSV. SSV is exactly on the way to our Target . Already 15%+ gain so far
Despite its bearish streak, we've hit a solid support zone. This isn't just any support; it's withstood three tests, each weaker than the last. Now, catch this: we've broken the upper trendline! This could mean a sharp rise back to the previous high and even higher. Join us for a real-time market analysis and seize the opportunity to make a move based on it.
Hey Traders, Check this analysis out on GBPUSD. I have couple of plans on POUND and i am looking forward to sell trade plan since the pair has successfully break below the previous support structure. I will take an alternative entry if that play out also, Keep a close tab on this. #gbpusd #pound
Hey Traders, Check this analysis out on XAUUSD. I have couple of plans on Gold and i am looking forward to sell trade plan since the metal has successfully break below the previous support structure. I will take an alternative entry if that play out also, Keep a close tab on this. #xauusd #Gold
USDCAD formed a double top pattern after a test of a solid horizontal resistance on an hourly time frame. I expect a retracement at least to 1.3295 level now. ❤️Please, support my work with like, thank you!❤️
After the obvious head and shoulder pattern and the break off the bullish channel i adviced to keep shorting the market. Gold fell deep and we took some winning trades. 2030 is key level. If this level stays intact it will go up again. Gold eventually did reject. Atm i am focusing on the 2055 resistance level to go short again with targets such ass 2045 and...
#AUDNZD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #AUDNZD. Traders, Anna is monitoring the Forex pair #AUDNZD. AUDNZD is in the down trend according to the LTF. Here we can see that is standing on the major Order Block, where we can see a small pull back...
– Previous Daily candle closed strong Bearish around 2041.300 tapping into the previous Daily Resistance formed on 20th December 2023. – Buys on close above 2045.800 targeting 4h previous Support formed on 25th December 2023 around 2053.100, Leaving Runners to the next previous 4h Support formed on 2nd December 2023 around 2066.400. – Sells on close below 2032.300...
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Short term RSI is moving lower. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6225 will confirm the bearish momentum. We look to Sell at 0.6260 (stop at 0.6288) Our profit targets will be 0.6190 and...