Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.34630 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34630 support and resistance area. Adding a fundamental layer, The recent CPI data in the US has shown signs of inflationary pressure, with...
Our GBPAUD short position is active & running in small profits so far. Still have a chance to position yourselves into the trade if you haven't already.
USDINR seems to be in sideways zone,and as international markets are not taking the two current war seriously it seems this trend will remain continue for long time
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments. Some days ago price traded near resistance level, which coincided with resistance area, but later it bounced to $1.0890 points. After this, Euro made correction, and then in a short time rose back, entered to traingle and made downward impulse. Then price entered to...
H4 Analysis: Analysis/expectation remains the same as weekly analysis posted on 18/02/2024) -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation dated 16/02/2024 was for price to...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.26300 zone. GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26300 support and resistance area. Recent CPI data from the US revealed a core CPI of 0.4% in February, surpassing expectations of 0.3% and...
This is my Intraday analysis on EURUSD for 19 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bearish INT Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we...
– Previous Weekly candle closed weak Bearish with an almost 300 pip Rejection wick to the downside. Friday candle closed Bullish retesting the previous Weekly Support area formed at the end of January 2024. I’ll be looking for potential Buys above 2015.300 targeting previous 4h Support area formed around 2020.000 and recent 4h Resistance formed at 2026.800. I’ll...
Near a resistance zone. Could test previous low. Previous low was broken.
#ZEN/USDT - Description --------------------------------------------------------------- + ZEN just bounced back from the support + Now its just close to the resistance range around 8.6, this area is critical for the prize + Breakout from this resistance is critical for the next leg of the run. --------------------------------------------------------------- ...
Weekly Analysis: Outlook and bias for this coming week remains unchanged. -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short. Bullish pullback following bearish iBOS now most likely complete and...
Awaiting a breakout of the bullish channel and price could hit targets; 19.20 or 19.50.
Hello Traders It seems NZD/USD is going to make a diagonal correction. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.60 and 0.595 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
1h - On Friday, we switched to a long context based on the hourly timeframe. Additionally, we entered the area of the FVG news event. Despite the structural long movement, liquidity always takes priority for me before making any decisions. Therefore, I would like to see a Friday high update, after which we may continue the short movement towards the targets outlined below.
Hello Traders It seems AUD/USD is going to make a triple combo corrections. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.63 and 0.616 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer:...
HI FRIENDS!! As we can see this USDZAR again near at support zone we have good chance to join the rally as we can see US $ is holding support and all major pairs. this pair is also holding a strong support and trading above a uptrend line zone, so our risk and reward ratio is fantastic on this pair let's see what markets brings its just a trade idea share Ur...
PEPPERSTONE:USDCNH Oh, I cannot contain my excitement for this year's Chinese New Year of "Dragon"! 🐉 I mean, who wouldn't be absolutely thrilled to experience the exact same joyous celebrations as last year? And guess what? The depreciation trend of CNY? Oh, it's not going to miraculously reverse itself, not a chance! It's almost as if the Chinese...
This is my Weekly analysis on EURUSD for 19-23 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ (Pro Swing + Pro Internal) 2. After the Bearish iBOS we expected pullback, price tapped into...