EUR/USD Faces Downside Pressure as USD Strengthens Amid ECB and US Data The EUR/USD pair struggled to sustain its recovery as it faced resistance following comments from ECB President Christine Lagarde. Friday's rebound encountered downward pressure as the US Dollar (USD) maintained its strength, pushing the broad dollar index higher. ECB's Dovish Rate Hike...
price bullish corrective move forming a bullish channel as you can see clearly in the chart and now price is testing this channel lower boundary which acting as a support. Moreover, price also testing its short term bearish channel line and currently testing its return line which add to possibility of bullish expected move. Also in 30 minutes chart we can see...
Usd broke up higher into the green zone as shown on chart. Could face some strong R here. Just watch and act accordingly. Cheers! **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on...
It’s a central bank bonanza this week, where a good number of these meetings are ‘live’, and where we should see further tightening. The Fed meeting is not a live one (they won't raise rates), but it will get central focus, as it always does. While swaps markets for a number of counties price a hike this week, and a risk of another in November, residual slowing...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.24100 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for further dips below the support to see a potential retrace of the trend towards more lows.
Dollar Index was nicely rejected from a broken horizontal resistance. Taking into consideration, that the market is trading in a bullish trend, probabilities will be high that we will see a bullish trend continuation next week. Next goal - 105.28 ❤️Please, support my work with like, thank you!❤️
USDCAD reached a solid horizontal support this week. The price formed a double bottom pattern on that on a 4h time frame, bounced and violated a resistance line of a falling wedge pattern. Probabilities will be high that the pair will bounce next week. Goals: 1.355 / 1.358 ❤️Please, support my work with like, thank you!❤️
EUR/USD Recovers from Six-Month Low After ECB Rate Hike As the week comes to a close, the EUR/USD pair has witnessed a modest rebound, reversing some of its previous day's losses when it hit a nearly six-month low. This decline was sparked by the dovish European Central Bank (ECB) rate decision, which, despite hiking rates for the 10th consecutive time by 25...
ISR @ 2030.34 RESISTANCE @ 1970 TP1 @ 1860 TP2 @ 1760 (near major support) TP3 @ 1690 (aggressive) TP4 @ 1580 (aggressive) SUPPORT @ 1553.75 IBR @ 1490 FUNDAMENTAL ANALYSIS: It is important to keep in mind the current state of the US dollar. With its value decreasing, it is crucial to manage our short positions accordingly. We must be vigilant and keep a close...
Hello everyone AS you could see we have here a head and shoulders pattern with a Break of structure for The Higher high with creating lower low to retest the ascending channel You could set a SL : 1.35000 TP : 1.37900 Please support us with a like comment and Follow.
Hello Everyone we are tradıng now thıs ascendıng channel untıl waıtıng for a breakout the breakout from the up or down from thıs channel, the breakout suppost to be to downtrend 18.500 or to uptrend on the 19.300 after retesting it on that price, until that time we have a trade with the ascending triangle Set the \TP : 19.300 SL : 18.900 Please...
The EURUSD pair hit the 1.06350 Support A, which is the Low of May 31st. Today that was followed with a minor rise, so as long as it holds, that's a Double Bottom and a buy signal. Buy and target the Channel Down's top at 1.07450. If the price crosses over 1.07855 (Fibonacci 0.236), buy again and target 1.08550. If on the contrary we get a 1day candle closing...
The USDCAD pair is making the initial rebound attempt after a Double Bottom on Support A (1.34875). The 1day RSI made a Lower Low on the Channel Down bottom, which is an additional buy indicator. Buy and target 1.36100, which is a little under the 0.618 Fibonacci level. Previous chart: Follow us, like the idea and leave a comment below!!
Buy XAUUSD Channel Breakout GOLD - XAUUSD - M30 Chart Price breaks the Bearish Channel now, Its Good Chance to BUY now. Thank you
Hows showing chart. Lost 50 pips or made 250 pips. Lets go. Always take partials and SL move to BE
Hey Traders, in today’s trading session we are monitoring USDCHF for a buying opportunity around 0.88900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area. Trade safe, Joe.
Hello Dears, I do not know, what to think... Will the index break the resistance line or will turnd down in trend? With best regards, Paweł
We'll be keeping an eye on the USDCAD between 1.3700 and 1.3650 to see if there's any potential bearish momentum to trade short.1.3600 zone for the first take profit and 1.3500 zone for the second take profit. NOTE: USE ADEQUATE RISK MANAGEMENT. Keep in mind: No admittance, no confirmation. FOLLOW ME TO SUPPORT MY WORK AND LIKE