On the H1 timeframe, prices are ranging between 1.2300 and 1.2420. A pullback to the 1.2420 level could present an opportunity to ride the drop to the next support zone at 1.2300, in line with the 78.6% Fibonacci extension. Stochastic RSI is in the overbought region above 80, and price is hovering near the top of the Bollinger Bands, supporting our bearish bias.
Yesterday, USDJPY reached a major falling trend line on a daily. Even though the market was consolidating with a horizontal range for some time, the touch of the trend line pushed the pair to the downside. The market broke and closed below the support of the range. I believe that the pair will keep falling. Goals: 127.77 / 126.85 ❤️Please, support my work...
New higher highs, or higher low retesting previous breakout key levels? We'll see
After FED, today is ECB’s turn to announce the interest rate decision. This will certainly cause fluctuations during the news and press conference. The level of 1,1000 has been crossed and we’re heading towards 1,1077 and 1,1248. It is important not to cross 1,0887.
Looking at the H4 chart, my overall bias for BTCUSD is bullish. There is an ascending channel was created, expecting the price to break the 1st resistance line at 23922.95 which is the recent overlap resistance before it heads towards the 2nd resistance at 25108.15 which is the previous swing high. Looking for any price pullback can enter the trade below price...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud. There is an ascending channel that adds confluence to my bias. looking for buy entry at 0.70832, take profit at 0.75361 and stop loss at 0.68109. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage...
Looking at the H4 chart, my overall bias for NZDUSD is bullish. The current price is above the Ichimoku cloud, and the ascending trendline adds confluence to my bias. Expect the price to break through the 1st resistance zone at 0.65130 before heading toward the 2nd resistance level at 0.65576, the previous swing high. looking for buy entry at 0.65155, take...
Looking at the H4 chart, my overall bias for CRWD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 107.57, where the overlap support is. Stop loss will be at 92.32, where the previous swing low is. Take profit will be at 125.48, where the market gap and resistance level is. Any...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.71235, where the overlap support is. Stop loss will be at 0.70487, where the support is. Take profit will be at 0.72656, where the 78.6% Fibonacci line is on the daily chart . Any...
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 1931.08, where the 50% Fibonacci line is. Stop loss will be at 1900.87, where the previous swing low is. Take profit will be at 1998.41, where the previous swing high is. Any...
On the H4 time frame, prices are approaching the resistance zone at 1.2420, in line with the graphical resistance zone, 78.6% Fibonacci retracement and descending channel’s resistance. We could see a reversal below this zone to the support zone at 1.2280, which coincides with the graphical support and 23.6% Fibonacci retracement. Stochastic is showing a bearish...
Check out my previous post "Breaking Down The FX Market: What You Need To Know" for a comprehensive video analysis. The AUDUSD has been in a bit of a tricky situation lately, as price has broken a key level and made a lower low. This has traders wondering where the pair may be headed next. However, before jumping in, it's important to wait for a pullback and not...
We can see on the EMA Ribbon that the previous attempt to change the trend was unsuccessful. Latest attempt has been successful and we will see a continuation shortly. It is worth noting for those who are unaware; This coinbase price chart is missing the price mark down phase and accumulation phase. Referring to this chart only will make it difficult to find...
As you see on the D1 chart beside, dollar index still bearish trend, but on the bottom area waiting for bullish reversal moment, watch out sellers.....
The Japanese yen has appreciated past 130 per dollar and is heading back to its strongest levels in almost eight months. This is mainly due to a general weakness in the dollar, with expectations that the Federal Reserve will slow the pace of its interest rate hikes. The Bank of Japan recently held a policy meeting in January, where policymakers debated the...
Title: Coffee C Futures ( KC1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 214.05 Pivot: 172.60 Support: 142.05 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 706.50 Pivot: 6681.00 Support: 673.00 Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to...
Title: DOTUSD Futures ( DOTUSD03G2023 ), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 6.705 Pivot: 6.326 Support: 6.030 Preferred case: Looking at the H4 chart, my overall bias for DOTUSD03G2023 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to retest the pivot at 6.326, where the...