The USD/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.3813, positioned close to the breakout level....
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago entered to upward channel, where at once it broke the support level, which coincided with the buyer zone and continued to move up. Later price reached the resistance line of the channel, rebounded, and fell to the support line, after which...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago reached the support level, which coincided with the support level. Soon, EUR broke this level, made a retest, and at once made an impulse up to the resistance level, but when it reached the 1.0900 level, it made a small correction movement. After...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price bounced from support level and rose to $2387 points, after which entered to wedge. In wedge, price fell to support line, breaking $2320 level, but soon price backed up, breaking this level again. Then it rose to resistance line of wedge,...
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. FX:GBPUSD Key Points: Sell Entry: Consider entering a short position around the current price of 1.2916, positioned close to the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our last analysis, attached on the chart, USDCHF rejected the resistance zone and traded lower. Currently, USDCHF approaching the lower bound of the red channel. Moreover, it is retesting a support zone marked in blue. 🏹 Thus, the highlighted blue circle is a...
The EUR/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.0842, positioned close to the breakout level. This...
The USDCAD pair is on the 2nd strong green 1W candle, following the rebound on the 1W MA50 (blue trend-line) and is approaching Resistance 1 (1.39000), the October 30 2023 High. This is technically the most optimal sell opportunity on a 1-year basis. The short-term Target is the 1W MA50 (blue trend-line) on a potential contact with the 0.382 Fibonacci retracement...
GOLD Price dropped perfectly as we mentioned in the previous idea, and again pushed toward their resistance which is 2378 For Today again, the price will trade between 2378 and 2356 till breaking, as long as it trades under 2378, the means will continue dropping to get 2356, and the bullish reverse should stabilize above 2379. Bullish Scenario: The price should...
The price is rising towards the pivot which has been identified as a pullback resistance and could reverse from this level to the pullback support. Pivot: 80.83 1st Support: 77.50 1st Resistance: 83.49 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
The 21-day moving average acts as resistance indicating that the price needs to move above this level to regain bullish momentum. If USDTD breaks below the support trendline of the rising wedge and drops below the Ichimoku Cloud, it would confirm the bearish trend. This scenario would likely correspond to a bullish move in the broader crypto market, as USDT.D...
It's now Friday & the weekly candle will be closing bearish, putting our 'Gold Sell' position in nice profits🙌 If Gold pushes up again next week, I'll be using the opportunity to enter my investors into additional sell positions & increase our profits. Those who followed the analysis properly, should be positioned into 'sell positions' now & running in nice profits!
The XAU/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days. Key Points: Sell Entry: Consider entering a short position around the current price of 2405, positioned close to the breakout level. This...
Ethereum (ETH/USD) is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 3,068.18 1st Support: 2,879.57 1st Resistance: 3,373.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
The Gold (XAU/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 2,390.87 1st Support: 2,335.77 1st Resistance: 2,422.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
USD/JPY is rising towards the pivot which is a pullback resistance and could reverse to the 1st support level which is also a pullback support. Pivot: 154.76 1st Support: 152.21 1st Resistance: 157.64 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.27600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27600 support and resistance area. Trade safe, Joe.
The USDCNY pair has been trading within a Channel Up pattern since the December 15 2023 market bottom. Yesterday is completed a violent 2-day collapse and hit the 1D MA200 (orange trend-line) right at the bottom of the Channel Up. The price almost immediately rebounded, so that gives the most clear buy confirmation on the short-term. We turn bullish again,...