Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.34900 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34900 support area. Trade safe, Joe.
Here's another unpopular opinion... We can see that we had a clear 5 wave impulse for wave 1. We are now in wave 2, which is an ABC correction. We're looking for one final move down to complete wave 2 correction. It may happen, may not happen. If it happens, you know what to look for! For confirmation that we're moving towards the $10 mark, we can look for the...
It is Good Friday today which is why a lot of markets are closed & momentum is slow. But overall, DXY is moving nicely in our favour. After a retracement, buyers have now pushed the Dollar back to its previous short term high of $105. Much more upside expected in the coming quarter.
Just an idea, I noticed Bitcoin played out a fractal similar to the previous bull run top. If Bitcoin plays out this fractal then a straight shot to $90k could very well be in the cards. Obviously on the higher time frame it will be a little slower action that on the daily we just had but none the less it would go up pretty fast. I believe the current rally we...
AUDUSD - Intraday The primary trend remains bearish. The sequence for trading is lower lows and highs. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Rallies should be capped by yesterday's high. Bespoke resistance is located at 0.6520. We look to Sell at 0.6527 (stop at 0.6547) Our profit targets will be...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price is now trading within a fractal high and low. As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new high. Due to the bullish...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.60200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60200 support and resistance area. Trade safe, Joe.
Gold is forming its structure to sell off soon. We are expecting one final move up to complete Wave Y, before we can start looking for sells. These overbought market conditions cannot carry on pushing up for too much longer.
USDJPY has reached but yet failed to cross over Resistance A (151.950) since last Wednesday. The prevailing pattern is a Channel Up so wait until a 1day candle closes over Resistance A and buy the break out. Target 155.500, which would be a symmetric bullish wave as the first one of this Channel Up. Previous chart: Follow us, like the idea and leave a...
USDCHF is overbought on the 1D technical outlook (RSI = 74.650, MACD = 0.007, ADX = 47.655) as it hit the top of the yearly Channel Down. That is exactly on the 0.786 Fibonacci retracement level, where the LH prior was always priced, also after an approximately +8.50% rise. The 1D RSI is making a reversal inside the overbought zone and we are about to form a 1D...
This is my Intraday analysis on EURUSD for 28 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 3. Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing...
CONGRATULATIONS TO ALL✅ as we told before the market make a best bullish structure also hit the strong key level and continue pushing up
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some days ago declined to the support level, but soon broke it and fell even lower support zone. After this movement, the EUR in a short time rose higher at 1.0775 level, but soon fell back. Then the price turned around and at that moment it rose higher than the...
Hello traders what you think Gold pair NES resistance levels 2230 📉📊📈⤵ Gold pair technical analysis Gold pair take new resistance levels of 2230 pullback Berish support levels 2140 Follow risk management Safe trade don't forget like this analysis
USDJPY - 24h expiry Price action continues to be mixed and volatile for 6 days in succession resulting in spikes in both directions. The rally was sold and the dip bought resulting in mild net losses yesterday. Bespoke support is located at 148.96. A Fibonacci confluence area is located at 148.95. Rumours of intervention have resulted in a spike in...
EUR/USD Technical Analysis 📉📈📊 Current Price: 1.08360 🟢 Recent Pullback: The EUR/USD pair retraced from the level of 1.07980.📉📈📊 Retest of Support: It's currently retesting the support level around 1.08260, indicating a potential bullish sentiment. Trade Target: The next significant resistance level lies at 1.08881, which presents an attractive target for...
H4 Analysis: Bias/Analysis remains unchanged since last analysis dated 22/03/2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing...