Hello freinds this chart we shows that this market will know an up trend on next hours for more informations please show the chart good luck
Hello freinds this chrt we shows that this market will know a down trend on next hours for mre informations please show the chart good luck
Based on current news and pending level breakouts, it's essential to recognize the evident levels on both the 1-hour and 15-minute charts. Additionally, the daily chart indicates a significant level. Therefore, it's advisable not to initiate a long position until the levels on the 15-minute and 1-hour charts are breached. Also, it's prudent to wait for the...
A bearish channel is evident on the daily chart. There's a clear zone marked on the daily chart. Additionally, a short-term bullish channel is noticeable on the daily chart. Upon examining the 1-hour chart, we identify another broken zone, indicating a potential entry point for the trade
The USDZAR pair is trading below both its 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line), having formed a Channel Down (blue) since the start of the year. The 1D RSI hit the bottom of its Rectangle, so even though there is some limited downside on the Channel Down before forming a Lower Low, the reward is much higher on the upside. Assuming a Lower...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08000, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08000 support and resistance area. Trade safe, Joe.
Expecting the price to fall from the supply zone to $1.247 demand zone
EURUSD may retrace from a wide intraday horizontal resistance cluster. I already see some sings of weakness of sellers: double top formation on an hourly time frame and multiple rejections. I think that the pair may reach 1.0705 level today. ❤️Please, support my work with like, thank you!❤️
EUR/USD SELL 1.07313 Hello Traders 👋If you find this analysis useful, please support me with your likes and comments. SL 1.07755 TP1 1.06582 If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
#US Dollar Analysis: The US dollar surged after breaking out of the symmetrical triangle pattern. Currently, it's encountering resistance at a horizontal level. RSI signals overbought conditions. A rejection seems probable, but a decisive breakout above resistance would confirm bullish sentiment. Remember, it often moves inversely to the crypto...
We seen a lot of Chop this week. Looking like price is ready to turn full on bearish again but we need to wait for a new High to be made first. Might not get another move till the middle of next week. just have to be patient.
I have put together a chart on the dominance of the three largest USDT.D+USDC.D+DAI.D Stables. This is the most interesting season that I have seen!!! USD dominance has failed to unprecedented levels of 30% in the entire history! It's usually 40-50% So that you understand 70% of the cache in the market!!! I assume it may decrease to 83% But it doesn't seem to help...
Coming up: BOE's rate decision week Morgan Stanley has asserted that the Bank of England might still opt for an interest rate cut in the coming week, a stance that stands out amidst dwindling market confidence in such a move. Morgan Stanley’s opinion diverges notably from the consensus, which suggests an initial rate cut by the BOE in September. Backing Morgan...
GBPUSD - 24h expiry The primary trend remains bearish. Price action looks to be forming a top. Bearish divergence is expected to cap gains. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.2560. We look to Sell at 1.2560 (stop at 1.2596) Our profit targets will be 1.2470 and 1.2430 Resistance: 1.2560 / 1.2590 / 1.2630 Support:...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to move up inside an upward channel, where it at once rebounded from the support level, which coincided with the buyer zone and made a downward movement. Euro a little more time traded between the 1.0650 level and later finally...
EURUSD is moving above an ascending trendline on the 4-hour timeframe and currently retesting this trendline. Considering the situation of the Dollar index and the possibility of a downward movement in the Dollar index, we can expect a bullish move from this range. 📈💶
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65900 zone, AUDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 065900 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36900 zone, USDCAD was trading i na downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.36900 support and resistance zone. Trade safe, Joe.