Fed meetings start today, futures will likely open in red and the DXY has broken above the downtrend and now in a pullback, will it smash $103 after the expected 25bps or FED will be more dovish and signal interest rate cuts in next few meetings?
NZDUSD - 24h expiry - We look to Buy at 0.6450 (stop at 0.6410) Previous support located at 0.6450. Previous resistance located at 0.6550. Further upside is expected although we prefer to set longs at our bespoke support levels at 0.6450, resulting in improved risk/reward. A move through 0.6550 will confirm the bullish momentum. Our profit targets will be...
The GBPUSD pair is pulling back significantly after a Double Top rejection at 1.2455. The first Support offered is within the 1D MA50 (blue trend-line) and the bottom of the Channel Up is has been trading on since October. If that holds, we'll take it as a short-term buy back to the 1.2455 Double Top Resistance. A closing above should further extend the rally to...
Hello Guys, Weekly Analysis is on the AUDUSD Symbol in 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
Sell CL1 Crude OiL Now With high probability The price in Crude Oil Will visite Other KEy Levels . Tp1 is The first Take profit than You can Do Breakeven.
Hello guys, Everything is explained on the chart for you like always. The price has broken the resistance so the buy point from pullback to the base band as a new support zone. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :)
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EURUSD on the 4h chart is trading within a monthly resistance. The price after a distribution phase tested the lower demand and created a strong impulse on Monday. Currently the market is trading at the recent high below a minor 4h resistance. How can i approach this scenario? According to Plancton's strategy IF the price will break above we can set a nice long...
The price is creating a series of higher highs and higher lows is to consider buying on pullbacks to key levels of support. Specifically, if the price is showing a strong uptrend by creating higher highs and higher lows, traders may look to buy when the price pulls back to an area of previous resistance that has now been flipped to support. In this scenario is to...
Bitcoin bounces off $25246.29 which is the new resistance. Btc is down -60.74% since march 21th & I currently see it dropping another 100% in the coming months the way the chart is structured currently. Rising US yields are applying a visible downside pressure on the pricing of cryptocurrencies. The latter hints that this alternative asset class may not be immune...
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
The tide appears to have changed once more in favor of Gold buyers. The price of gold is currently above $1,950, where it has been for the past ten months. For XAU/USD to continue rising, it must overcome the $1,960 resistance. The US Federal Reserve rise of 0.25%, which was widely anticipated and priced in, drowned the US Dollar the day before, causing the price...
Hi All This fraction of seventies is already for 1 year identical. US inflation rate minus US treasury rate
Impressive gains were made by EUR/USD, which moved above 1.1000 for the first time since early April. ING economists concur that the 1.12 level is clearly in reach. The EUR/USD news is good: The EUR/USD is expected to be driven more this year by a strong narrowing in rate differentials, which should take it to the 1.15 level in the second quarter. There isn't...
GBP/USD has lost its bullish vigor after Wednesday's recovery toward 1.2400. Prior to the Bank of England's (BOE) policy announcements, investors refrain from placing bets on future Pound Sterling strength, and the near-term technical outlook indicates a lack of buyer demand. The gains in GBP/USD remain modest, especially when compared to EUR/USD, notwithstanding...
EURUSD rallied heavily following the projected 0.25% rate rise but more importantly a dovish tone from Fed Chair Powell. Typically the first euphoric reactions are already priced in, technically the price reached the top of the Channel Up that goes as back as November. Turning overbought technically on the 1D time frame (RSI = 70.995, MACD = 0.008, ADX = 49.037),...
Hey traders, as ECB is expected to outhawk Federal Reserve we still see more potential upsides on EURUSD to more fresh highs, in today's trading session we will be monitoring EURUSD for a buying opportunity around 1.094 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.