– Previous Daily candle closed Bullish at 1920.200 forming new Daily Support around 1914.300. – Buys on close above 1925.300 targeting 4h previous Support formed on 4th August 2023 at 1932.800, Leaving Runners to the 4h Resistance formed at 1938.300. – Sells on close below 1914.000 targeting 4h Support formed at 1909.700, Leaving Runners to the 1h Support formed...
Looks like GBP weaks agains USD, a confirmation is on daily timeframe and 4h with head & shoulders formation, so we predict price to hit next support area 1.2400! If u take that trade please calculate your amount of money that u going to risk!
The 4-hour chart on the EUR/USD displays a possible bearish bias, but there are some indications of consolidation after the small rebound observed on Friday. At present, the price is lingering around the 20-day Simple Moving Average (SMA). To improve its bullish outlook, it would be necessary for the Euro to hit 1.0840 and for other technical indicators (that have...
Here is my latest structure analysis for Dollar Index. Horizontal Key Levels Resistance 1: 104.3 - 104.7 area Resistance 2: 105.7 - 105.9 area Support 1: 102.6 - 103.3 area Support 2: 101.7 - 102.0 area Support 3: 100.5 - 100.7 area Support 4: 99.5 - 99.8 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for...
Hi Traders, Investors and Speculators of Charts 📈💰 The 15th BRICS summit was held in South Africa from August 22-24, 2023. There have been some important updates that concluded from this summit and if you're an active trader / speculator in the Forex, stocks or commodities market, you NEED to know about this. The BRICS countries (Brazil, Russia, India, China,...
On a smaller TF, we can expect a correction for the Dollar Index back towards FWB:108 -$109 in the coming months. Bare in mind this is only a correction, so once price reaches the target, we can expect the Dollar crash to resume its selling momentum📉 Scroll down to see our long term sell bias attached.
Important decision is ahead on USDCHF. The price is currently approaching a major falling trend line on a daily time frame. If bulls manage to break and close above that, probabilities will be high, that the pair will keep growing at least to 0.89 Alternatively, there is a strong horizontal support just below the current price levels. If the market violates...
2023.8.28 USDX pullback under pressure Hello, I'm Older Duan. Today is Monday, August 28th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index began to decline after...
Good day, traders. I hope you had a fantastic weekend and happy Monday. Today, we'll be examining the GBPUSD.I'll be keeping an eye on the market action between 1.26178 and 1.26623 to see if there is any bearish momentum, and above 1.26623, we'll be looking for any potential bullish momentum that might take us up to the 1.2800 zone.
Anticipating bullish CHoCH. Dollar index close to clearing buy side liquidity as well. Waiting for confirmation on daily bullish candle close & to enter on 4H breakout after retracement. 1:3 RR minimum. If bullish pattern forms, will attempt to target buy side liquidity. Good luck everyone!
USDCHF - 24h expiry Trading within a Corrective Channel formation. A higher correction is expected. Short term momentum is bearish. Prices expected to stall near trend line support. Trend line support is located at 0.8780. We look to Buy at 0.8784 (stop at 0.8754) Our profit targets will be 0.8854 and 0.8874 Resistance: 0.8840 / 0.8860 / 0.8876 Support:...
Sell EURUSD Bearish Channel Sell Eur/Usd @ 1.0806 Tp - 1.0744 Sl - 1.0825 its good chance to sell today, Thank you
– Previous Weekly candle closed Bullish at 1914.400 forming Weekly Support around 1889.500, Friday Daily candle closed small Bearish at 1914.400 forming weak Daily Resistance around 1916.800. – Buys on close above 1921.700 targeting 4h Resistance at 1926.800, Leaving Runners to the 4h previous Support formed on 4th August 2023 at 1932.800. – Sells on close below...
What we see on the EU is quite clear, So we expect price to have bearish move in higher time-frame, in lower time frame we can collect some orders just above then we start out bearish move, I do not believe we break 1.08464, This week is challenging week for EU as we have different data coming in euro-zone, SO you have to be careful of the data and you...
USDCHF is in a steady decline within a channel. We appear to be in a leading, which is made up for 5 waves consisting of 3subwaves each. We are in wave 4 now and looking for the final 5th wave lower We are approaching the channel resistance and the 38.2 fibonacci. Expecting a rejection here. Trade Idea: - Watch for rejection at the channel - Risk entry on...
UJ honestly i don't have a huge amount to say about this pair or about this range, if you have looked over our other USD related pairs you will know the story by now. A news range with honestly a poor structure overall, liquid has built higher and lower meaning we may push up then shift lower, as you can see we have a reverse of our other USD pairs as in this...
N1 has again the same setup as all of the USD related pairs. A news range with a break of the SWL, within this range we have tapped in to our POI and so far we have reacted slightly for lower prices, we are looking at our market open entries and some of our smaller timeframe ranges but overall we want to see a break down or up out of this swing range. Liquid at...
GU as we stated in our GOLD markup we have a pretty similar setup on all USD pairs, we created this range with a news event so as per we are using confirm only to enter at this POI. Mainly iam looking for this to play from our C-swing and then blast our high POI but of course, we wont hold our breath for this move, iam looking more into our open sweep entries for...