Hello hello, guys! We have a new week ahead. Here is my analysis for my bias moving forward. For those who are lazy, I am basically bullish on the Dollar and bearish for XXXUSD pairs. But I suggest going through the video as I explain how I came to this bias as well as offer analysis for each of the major Forex pairs. We are in turbulent times, so trade safe out...
USD/CAD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit Entry: 1.37268 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement Stop loss: 1.36618 Why we like it: There is a pullback support level which aligns...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.59686 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.60084 Why we like it: There is a pullback resistance level...
XAG/USD is rising towards a resistance level at 28.515, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. A reversal from this level could lead the price to drop to our take profit target. Entry: 28.515 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement Stop loss: 29.621 Why we...
AUD/USD is rising into a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.64907 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement Stop loss: 0.65475 Why we like it: There is an overlap resistance...
EURUSD is bearish on the weekly timeframe and in a downtrend channel. The next target is 1.05 and with a break of 1.05 would lead to parity and below parity to the lower channel of the downtrend at major demand (support zone) at level 0.85.
GU showing us the same here a super clean cut move for more sell side on this trend into our new daily low, we called this way back and we are all now seeing this play out perfectly so we follow our bias in hope that this will continue! Now looking for a new daily low to come into play for a trending move to tale the pair back into the same move we have above. New...
EU here with another pretty clean cut move! As we called from the start of this year we are seeing that new daily low placed into the market here with a clear direction as to what we want to see follow this, iam now looking for a low to confirm, this will require price pulling back to produce a low structure point this will then allow the market to make another...
Really simple setup for gold here, we know we had a great move from last week creating severe new ATHs as well as the week before, i am not expecting this to stop any time soon! on the charts here you can see we have 3 ideas to watch, running higher from where we sit. dropping into and wicking the 4hr low to then go higher again or running lower from the sell off...
TURBO is setting up for the first big leap. After breaking 0,003$ there will be clear skies to reach the moon or even mars.
Attention Traders, Today's focus is on NZDUSD, where we're observing a potential selling opportunity around the 0.60400 zone. After trading in an uptrend, NZDUSD recently experienced a breakout and is now undergoing a correction phase, edging towards the retrace area near the 0.60400 support and resistance zone. Expanding on our analysis, let's consider the...
Dear Traders, As we prepare for tomorrow's trading session, our focus is on GBPUSD, where we're eyeing a potential selling opportunity around the 1.24800 zone. GBPUSD remains entrenched in a downtrend, presently undergoing a correction phase as it approaches the critical support and resistance area at 1.24800. Adding depth to our analysis, let's delve into the...
This is my Weekly analysis on EURUSD for 5-19 Apr 2024 W16 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 Swing Continuation (Pro Swing + Pro Internal) 2. After the Bearish iBOS we confirmed that the...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. On the backdrop of the CPI data hinting that inflation is still hot, FED kicked the interest cut ball lower down the street ( later than Jun, i believe). Therefore the strength in USD i guess. Majors capitulated. Watch for some bounce if u want to long pairs like EU GU...
With the United States about to pass strict regulation regarding stablecoins, which includes a measure to insure "Robust transparency, audit and reporting requirements," Tether is absolutely doomed, as they have consistently refused to confirm a 1:1 peg to the USD through an independent, third-party audit, which in my book, is because they're not doing...
USD should be on a steady decline for, either quite a long time OR quite a big move, whatever comes first to reach targets and fill waves.
Hi folks today I'm prepared for you Gold analytics. A few moments ago price reached the resistance zone, which coincided with resistance 2, but soon price turned around and in a short time declined to resistance 1, thereby exiting from the 1.0850 - 1.0870 resistance area and starting to trades inside from consolidation. In range, the price at once rebounded from...