Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance. Pivot: 3024.10 1st Support: 2960.89 1st Resistance: 3128.21 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...
WTI oil (XTI/USD) is rising towards the pivot and could potential reverse to the 1st support. Pivot: 80.97 1st Support: 78.33 1st Resistance: 82.56 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...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.90951 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.91505 Why we like it: There is a pullback resistance...
USD/CAD is rising towards a resistance level which is a pullback resistance. A reversal from this level could indicate a double top pattern which could lead to a potential price drop to our take profit. Entry: 1.36919 Why we like it: There is a pullback resistance level. Stop loss: 1.37294 Why we like it: There is a pullback resistance level which aligns with...
NZDUSD - 24h expiry Price action has continued to trend strongly higher and has stalled at the previous resistance near 0.6040. Short term RSI has turned negative. Risk/Reward would be poor to call a sell from current levels. A move through 0.6000 will confirm the bearish momentum. The measured move target is 0.5980. We look to Sell at 0.6040 (stop at...
#dxy #dollar index is bounced hard and preparing for a strike on #markets #crypto #stocks #commodities . Not financial advice.
Layers 2322 - 2324 Sl @ 2329 1st tp @ 2318 2nd tp @ 2314 3rd tp @ 2308
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined below $2375 level, which coincided with resistance area, but soon backed up and some time traded near. Later, Gold made downward impulse to support level, breaking $2375 level, after which price bounced up and started to fall in...
The EURUSD pair gave us an excellent pull-back buy entry last week (April 30, see chart below) and has almost reached our 1.08300 Target, which was the 0.618 Fibonacci retracement level: We now turn bearish as not only is the price near the 0.618 Fib but also hit on Friday and gor rejected on the 1D MA50 (blue trend-line)/ 1D MA200 (orange trend-line)...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance zone. Trade safe, Joe.
This is my Intraday analysis on EURUSD for 6 May 2024 W19 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Nothing changed from Friday, the EUR/USD surged to reach a new high for the week, surpassing recent congestion levels. This uptick followed a significant...
The Fiber (EUR/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 1.07298 1st Support: 1.06919 1st Resistance: 1.08100 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...
USD/JPY is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 155.819 1st Support: 151.878 1st Resistance: 157.996 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...
The Swissie (USD/CHF) is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 0.90948 1st Support: 0.90138 1st Resistance: 0.91514 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...
This is my Weekly analysis on EURUSD for 6-10 May 2024 W19 based on Smart Money Concept (SMC) which includes the following: Market Sentiment Weekly Chart Analysis Daily Chart Analysis 4H Chart Analysis Economic Events for the Week Market Sentiment On Friday, the EUR/USD surged to reach a new high for the week, surpassing recent congestion levels....
USD/CHF is rising to a resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement, and could reverse from this level to our take profit. Entry: 0.90966 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.91527 Why we like it: There is a pullback resistance...
EUR/USD is falling toward the support level, which is a pullback support that aligns with the 50% Fibonacci retracement, and could bounce from this level to our take profit. Entry: 1.07341 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 1.06753 Why we like it: There is a pullback support level which...