NZD/USD is rising toward a resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 0.60067 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 0.60455 Why we like it: There is a pullback resistance...
The price is rising towards a resistance level, which is a pullback resistance that aligns with the 23.6% Fibonacci retracement, and could reverse from this level to our take profit. Entry: 1.36721 Why we like it: There is a pullback resistance level which aligns with the 23.6% Fibonacci retracement. Stop loss: 1.37266 Why we like it: There is an overlap...
Why has the US dollar sunk in the lead up to the FOMC decision? Bloomberg Economics says “We expect Powell to make a hawkish pivot” regarding the FOMC’s decision this Wednesday. Expectations for rate reductions have been pushed further into 2024. So, why is the US dollar underperforming to start this week? And does this open up an even more attractive entry...
By Wolrd Forex Traders Hello 👋 " GBPUSD Market Analysis 💡📊👀 3H Time Frame Chart 📈🕒 _Bullish Signal 🚀👍_ We're seeing a potential long opportunity in the GBPUSD market, with a current price of 1.25376. Our target is 1.27087, which is a key resistance level. A breakout above this level could lead to a significant price increase 📈💸! _Analysis 🤔📊_ The 3H...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price declined to the support level, which coincided with the buyer zone, and at once rebounded and made a strong upward impulse to the resistance level. Soon, Gold broke this level, which coincided with the seller zone and rose a little more, after which it...
Layers 2331 - 2329 Sl @ 2324 1st tp @ 2336 2nd tp @ 2344 3rd tp @ 2350 4th tp @ 2360 Caught over 400pips and its only Monday! See below for today's setups.
Traders, Here's our analysis across different timeframes: Daily Chart: Strong bearish sentiment prevails, supported by a bearish channel formation, signaling potential long-term bearish trajectory. 4-Hour Chart: Consider the high of last week as a prime level for short positions. However, be prepared to switch to a bullish outlook if this level is...
This morning, USDJPY dropped by more than 500 pips this morning. If you are looking for a reason why it happened, remember that historical structure always leaves clues. The price perfectly respected a historic structure of 1990th. Today, we see a perfect example how important are historical levels, and how the market remembers the things that happened more...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPUSD has been overall bearish , trading within the falling channel in red. Currently, GBPUSD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a supply zone marked in green. 🏹 Thus, the highlighted red circle...
Something is going on with this coin on the technical side. There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND. It looks like it is really close to making a move to the upside. Somewhere around .8 Then it will likely hit some resistance there, but has a lot of potential to keep building support and climbing....
This is my Intraday analysis on EURUSD for 29 April 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment No major economic data releases are scheduled for Monday, limiting significant movement in the pair. However, the intervention in JPY leading to a USD...
Chart is marked with targets Yes, I realize the targets that I've marked When it crashes, it might be BIG. It won't make it to 25 without retracing on the way up. I could see it top out around 6.9 in an alt coin pump Personally, I'm quite bullish on this coin.
Layers 2322 - 2320 Sl @ 2315 1st tp @ 2328 2nd tp @ 2336 3rd tp @ 2344 4th tp @ 2360
NZD/USD is falling towards a support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.59220 Why we like it: There is a pullback support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.59022 Why we like it: There is a pullback support level Take...
Price is rising towards a resistance level which is an overlap resistance and could potentially reverse from this level to our take profit. Entry: 0.65534 Why we like it: There is an overlap resistance level Stop loss: 0.66174 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci projection. Take profit: 0.64866 Why we like...
USD/JPY: Breaching 158.500 signals potential run to 160? The JPY weakened below 158.200 against the dollar. It is the first time since May 1990 we have seen this exchange rate for the USD/JPY. The reason is being attributes to the Bank of Japan keeping interest rates unchanged last Friday. With the USD/JPY comfortably above both the 50-day and 200-day EMAs, a...
Starting off as we do most weeks with EURUSD we gave out this idea way back at the start of this month and we are finally starting to see price line up with our bias, now of course as always we are waiting for an idea we have to line up and provide context tot the higher time frame move to then allow us to trade on the lower time frames, this is now in play from...
Here is my latest structure analysis and support & resistance levels to be focused on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️