The US Dollar Index has now the opportunity to test the 4H MA50 as a Support, chaning the short term 4H technicals to neutral (RSI = 49.586, MACD = 0.050, ADX = 33.920). The last time this happened was early this month (January 4th). The 4H MA50 held and pushed DXY for a last peak and Lower High on the two month Channel Down over the 4H MA200. This time the 1D...
Yesterday EURUSD closed below the 4hour MA50 for the first time in almost 4 weeks and confirmed a short term bearish signal. Today it is making a classic counter trend rebound to re-test that level as its new Resistance and confirm the bearish pattern's strength. As long as it is under it, we are sellers with 1.07800 the short term target. On the medium-term we...
Price has finally broken accumulation area, but daily closing above support. Could price breakout distribution area tomorrow? We'll see about that! Price action > FOMO entries
A deal with a strong success rate with a head and shoulders formation and a retest of the pattern with the moving average 200 with a strong 50% Fibonacci retracement. Good profits, my friends, traders
Hi All, following on from the break of he rectangle consolidation channel, we are looking at opening a buy position on the euro dollar . We still anticipate a further dollar weakness in the coming weeks. Entry, SL and TP marked. Follow, like and share. Many Thanks
Analysis USDCHF : Considering the formation of the side trend in this area, I expect to move towards the Saeed ceiling and break. . . price: 0.91680 sl: 0.91300 tp1: 0.92700 tp2: 0.93200 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 1/31/2023
USDJPY may attempt to break out of the descending channel, facing resistance at 130.400 and the 12-hour 50 MA. If it successfully breaks out, this could signal the end of the downward move and the start of an upward trend. ---------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested...
Perhaps it is time for a sharp correction. I think so. Let's play!
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
The retests and supply zones have been respected, looking to see a continuation of this.
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
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.074 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.69200 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
We received a strong Buy signal through Crypto Tipster v2 recently, after drawing a few trend lines and support/resistance horizontal rays it looks like this triangular squeeze is coming to an end, a large breakout is iminent. As we are already sat on a strong area of support, our thinking is that breakout will be in an upward direction, with the next level of...
Hello all! In the case of gold I am now BEARISH. I will look out for the 4h Demand Zone to break, from there i will monitor 4H TF to find a valid supply zone and follow the trend to the downside. A lot will happen this week! Reminder to manage risk.. Enjoy!
According to the preliminary report released by Eurostat on Tuesday, the Eurozone's GDP grew by 0.1% in the three months leading up to December 2022, beating the 0.3% third-quarter growth rate and the predicted 0% growth. Annualized GDP growth for the bloc was 1.9% in Q4 compared to 2.3% booked in the third quarter of 2022 and was in line with predictions of...