– Previous Daily candle closed small Bullish around 1919.700 forming weak Daily Support around 1916.400. – Buys on close above 1923.800 targeting 1h Resistance formed around 1928.400, Leaving Runners to the 4h Resistance formed around 1933.800. – Sells on close below 1916.400 targeting 4h Support formed around 1909.800, Leaving Runners to the 1h Support formed...
EURUSD made a double touch at the bottom of the Channel Down. Every previous test of this trend-line has been a buy opportunity. This time there is even a strong Bullish Divergence on the 4hour RSI, same as on the July 28th Low. Buy and target 1.08400 (+1.43% rise and possible contact with the 4hour MA200). Follow us, like the idea and leave a comment below!!
GBPJPY up 720 PIPS in profit so far from our POI. Price action still playing out as expected & we can see that bullish momentum is slowly dying down. This indicates that price will most likely top out around our $190 zone as we predicted. This'll be followed by a HUGE BEAR MARKET🩸
SLO2 @ 0.7075 ⏳ SLO1 @ 0.6985 ⏳ TP4 @ 0.6940 TP3 @ 0.6780 TP2 @ 0.6680 TP1 @ 0.6530 BSO @ 0.6375 📈 BLO @ 0.6285 ⏳ After a +700 pips profit towards the downside, we are ready to rock towards the upside again.
Here is my latest structure analysis for Dollar Index. Resistance 1: 105.00 - 105.10 area Resistance 2: 105.68 - 105.88 area Support 1: 104.28 - 104.7 area Support 2: 102.60 - 103.10 area Support 3: 101.75 - 102.00 area Support 4: 100.55 - 100.68 area Support 5: 99.57 - 99.75 area Consider these structures for pullback/breakout trading. ❤️Please, support...
Hey Traders, in today’s trading session we are monitoring DXY for a buying opportunity around 103.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.700 support and resistance area. Trade safe, Joe.
USD/JPY Retreats from YTD High Amidst Stimulus Talks and Monetary Policy Divergence Introduction The USD/JPY pair has taken a step back from its Year-To-Date (YTD) high of 147.90 and is currently trading around the 147.40 mark in the Asian session on Thursday. This slight retreat comes on the heels of better-than-expected US data, which has propelled the US...
USD/CHF Gains Momentum Amid Positive US Data and Trade Developments Introduction The USD/CHF pair continues its ascent, trading in positive territory for the third consecutive day. A combination of factors, including encouraging US economic data and an extension of tariff exemptions in US-China trade relations, has contributed to the pair's recent momentum. In...
USDCAD broke and closed below a rising trend line after a test of a solid horizontal resistance on an hourly time frame. It makes me think that the pair may go lower now. Goals: 1.3627 / 1.361 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64000 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64000 support and resistance zone. Trade safe, Joe.
– Previous Daily candle closed Bearish at 1916.500 tapping into the previous Daily Support formed on Monday 25th August 2023. – Buys on close above 1920.400 targeting 4h Resistance around 1927.400, Leaving Runners to the next 4h Resistance around 1933.800. – Sells on close below 1913.600 targeting 4h Support around 1909.800, Leaving Runners to the 1h Support...
USDCAD is trading inside a Channel Down pattern that has almost completed 11 months of trend. The technicals on the 1D time-frame are overbought (RSI = 70.266, MACD = 0.007, ADX = 57.395) and that enhances the sell sentiment as the price approaches the top of the Channel Down. The previous LH was priced a little over the 0.786 Fibonacci level. The formation of a...
SLO2 @ 105.15 ⏳ SLO1 @ 104.50 ⏳ TP1 @ 103.40 TP2 @ 102.40 TP3 @ 101.70 TP4 @ 100.55 📈 The 2D TF is showing the probability of an UTBO @ 103.85 🙏 ✍️ If UTBO happens, I'm anticipating the following: AUDUSD...DT 📉 EURUSD...DT 📉 GBPUSD...DT 📉 NZDUSD...DT 📉 USDCAD...UT 📈 USDJPY...UT 📈 🔑 DT = DOWNTREND TF = TIME FRAME UT = UPTREND UTBO = UPTREND BREAKOUT ✨ Curve...
USD is starting to look extremely bullish, we are seeing price maintain the highs of 2017 and 2020, we saw a sidewards accumulation on this level and we are starting to see a reaction. Thus we can start to expect global recessions and asset depreciation. This is also hints at higher rates to counter inflation, Bitcoin and metals, Housing and stocks are all in line...
Inv H&S has formed on the USD/ZAR since 6 June 2023. The price has recently broken above the neckine, showing the US dollar is poised for upside. The DIXIE (US Dollar Index) is also showing upside to come. 7>21>200 and confirms the US dollar is going up. RSI>50 - Bullish First target is R21.00 ABOUT THE DIXIE: HOW IT’S CALCULATED The USDX is...
Just a quick update on my NZD/USD trade - I'm on the short side for now. No stop loss, and I'm keeping the leverage super low at .01 for every $1000 I've got in my account. I've got my eyes on a target at .58711. So, let's see how this unfolds, and I'll keep you posted. Stay tuned! #ForexTrading #NZDUSD
The EURUSD pair hit yesterday the bottom (Lower Lows trend-line) of the Channel Down that started after the July 27 High. As the 4H MACD is about to form a Bullish Cross, this emerges technically as a buy opportunity on the short-term. Our target is 1.0850, just below the top (Lower Highs trend-line) of the Channel Down, marginally below a projected +1.42% price...
USDJPY is trading in a long-term bullish trend. Since the middle of August, the pair was consolidating within a horizontal range, though. The price suddenly bounced yesterday and closed above the resistance of the range. That violation will most likely trigger a trend-following movement. Next resistance -148.5 ❤️Please, support my work with like, thank you!❤️