H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price is now trading within a fractal high and low. As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new high. Due to the bullish...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.60200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60200 support and resistance area. Trade safe, Joe.
Gold is forming its structure to sell off soon. We are expecting one final move up to complete Wave Y, before we can start looking for sells. These overbought market conditions cannot carry on pushing up for too much longer.
USDTHB is consolidating in a very small region at the end of March 2024 . USDTHB has got a history of breakout's. Million dollar Question? Will the price breakout in coming days. How far price can go? and what is going to be the course of action in days to come.
USDJPY has reached but yet failed to cross over Resistance A (151.950) since last Wednesday. The prevailing pattern is a Channel Up so wait until a 1day candle closes over Resistance A and buy the break out. Target 155.500, which would be a symmetric bullish wave as the first one of this Channel Up. Previous chart: Follow us, like the idea and leave a...
USDCHF is overbought on the 1D technical outlook (RSI = 74.650, MACD = 0.007, ADX = 47.655) as it hit the top of the yearly Channel Down. That is exactly on the 0.786 Fibonacci retracement level, where the LH prior was always priced, also after an approximately +8.50% rise. The 1D RSI is making a reversal inside the overbought zone and we are about to form a 1D...
Buy @ 2217 Sl @ 2213 Tp @ 2230 Over 200 pips in profit from the 1st entry which we caught from the bottom. See related ideas section below for today's trades.
This is my Intraday analysis on EURUSD for 28 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 3. Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing...
CONGRATULATIONS TO ALL✅ as we told before the market make a best bullish structure also hit the strong key level and continue pushing up
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some days ago declined to the support level, but soon broke it and fell even lower support zone. After this movement, the EUR in a short time rose higher at 1.0775 level, but soon fell back. Then the price turned around and at that moment it rose higher than the...
Hello traders what you think Gold pair NES resistance levels 2230 📉📊📈⤵ Gold pair technical analysis Gold pair take new resistance levels of 2230 pullback Berish support levels 2140 Follow risk management Safe trade don't forget like this analysis
USDZAR on the daily timeframe presents an intriguing technical setup characterized by the formation of an ascending triangle pattern. An ascending triangle typically indicates a bullish bias in the market sentiment. Consequently, there are two potential scenarios to consider. Firstly, the price action may encounter support around the lower boundary of the...
USDJPY - 24h expiry Price action continues to be mixed and volatile for 6 days in succession resulting in spikes in both directions. The rally was sold and the dip bought resulting in mild net losses yesterday. Bespoke support is located at 148.96. A Fibonacci confluence area is located at 148.95. Rumours of intervention have resulted in a spike in...
Layers 2205 - 2202 Sl @ 2195 1st tp @ 2208 2nd tp @ 2215 3rd tp @ 2222 4th tp @ 2030 New all time highs?
EUR/USD Technical Analysis 📉📈📊 Current Price: 1.08360 🟢 Recent Pullback: The EUR/USD pair retraced from the level of 1.07980.📉📈📊 Retest of Support: It's currently retesting the support level around 1.08260, indicating a potential bullish sentiment. Trade Target: The next significant resistance level lies at 1.08881, which presents an attractive target for...
Hey guys! its your girl forex potatoe, i have posted this analysis sometime back and the price never really held as there was no clear direction. So now here is a longterm position or swing trade on this pair with a very clear buy direction Confluences: Double or W pattern RSI Divergence Price currently above the moving averages Third touch Let me get your...
H4 Analysis: Bias/Analysis remains unchanged since last analysis dated 22/03/2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing...