The NZDUSD pair is trading within a Channel Down pattern, having just broken below the 1D MA200 (orange trend-line). The short-term Resistance is the 1D MA50 (blue trend-line). The key here is the 0.60850 Support. As long as it holds, expect a rise back to the top of the Channel Down, with our target being at 0.63000. A closing below the 0.60850 Support, will be a...
Here are the important key levels to watch on GBPUSD this week: Vertical Structures Vertical Resistance 1: Rising Broken Trend Line Horizontal Structures Resistance 1: 1.2522 - 1.255 area Support1: 1.2345 - 1.238 area Support 2: 1.2275 - 1.2317 area Support 3: 1.2178 - 1.2218 area Consider these structures for a pullback/breakout trading. ❤️Please,...
Today's focus USDJPY Daily Chart Pattern Support hold/trend continuation Possible targets – 134.95 – 137.35 Support -133.90 – 133.70 Resistance –134.70 – 134.95 Indicator support – Price above MA with upslope CCI above 0 line Will today's push higher turn into something more on the USDJPY? Buyers so far have set the tone with a 0.42% rally to today's high. Some...
Details on chart - looking to see how price reacts at KL's before playing the relevant sells/buys
EURUSD continues its sideways movement and holds below 1.1000. To enter a trade we need a breakout and a test. This will confirm the rise and allow buys to be sought. On a dip below 1.0900 the bullish scenario breaks down!
– Previous Weekly candle closed Bearish at 1982.900 respecting recent Weekly Resistance formed around 2008.000 and retesting Weekly Support formed on 1st Week of April 2023, Previous Daily candle also closed Bearish forming Daily Resistance around 2004.800. – Buys on close above 1989.300 targeting 15min Resistance formed at 1996.000, Leaving Runners to the 1h...
Major Indexes edged higher Friday into the weekend with both Europe and the US posting minor gains. The US had economic data out that came in stronger than expected and sent US Bond Yields higher to add further fuel to the interest rate rise narrative. Share market traders have been in a holding pattern awaiting a big week of earnings this week in the US as some...
chek for long entry in yellow zone to UPPER yellow zone and DAILY TREND LINE. WHATS YOUR IDEA?
I think we're possibly seeing signs of a DXY reversal in the making. USD performing better against some crosses this week (NZD / JPY), others failing to make new highs (GBP / EUR). CHF is smashing all at the moment, so interesting to see how this does against the USD this week (if it falls then this gives me even more confirmation). I've seen RSI divergence on...
Hello traders! In my opinion, in long term is pair is neutral. Be careful and wait for a confirmation! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello traders! In my opinion, in long term is pair is neutral. Be careful and wait for a confirmation! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
SHORT NOW !!! | USDJPY get now ! see chart & risk / riward get now ! see chart & risk / riward get now ! see chart & risk / riward get now ! see chart & risk / riward
Hello traders! I hope you are all doing well. In this video, I am excited to share with you a detailed analysis of USDJPY on the Daily and 4H timeframes. On the Daily timeframe , we are currently experiencing a strong uptrend (same as Weekly) and the price appears to be developing a complex pattern before resuming the bull run. We will need to exercise patience...
00:00 Intro 00:40 Considering It An Uptrend 01:20 Resistance / Minor SZ 01:29 Demand Zone(s) 04:22 Support or Demand? 05:47 Early Entries 07:01 We're @ Mid-Pivot!!! 07:47 Review 08:31 Boost, Follow, Learn, Comment 4️⃣ TP2 @ 1.1015 (closing ALL buying positions) 3️⃣ TP1 @ 1.0999 (shaving 50%) 1️⃣ BLO1 @ 1.0962 ⏳ 2️⃣ BLO2 @ 1.0944 ⏳ 5️⃣ -SL @ 1.0933 🚫 ADDITIONAL...
Hello traders i did a dxy analysis helps to have an idea on other basket of currency all are baked by the us dollar .monitoring dxy is one of the tool you can use in your trading . if you find it helpful like and follow for more like this
APT has been in a steady decline since late January. With BTC taking a more bearish stance, it's to be expected that APT will also drop further. Long-term, I'm still bullish on APT. However, there's little technical reason to buy now. I'll start to be interested again once APT reaches the bottom support of the channel. Note that the bottom diagonal line is a...
EURUSD was very weak and indecisive this week The market is currently testing the broken ascending triangle on a daily. To buy the market with a confirmation, watch an intraday bullish accumulation on 4H. The price keeps setting higher lows and equal highs around 1.098 - 1.1 resistance. Let the price break and close above that. It will confirm the strength of...
Hey Traders, in tomorrow's trading session we are monitoring USDCAD for a buying opportunity around 1.347 zone, USDCAD was trading in a down trend and successfully managed to break it out after the market have priced another rate hike due to recent fed speech, so technically we will be watching a potential retrace of the trend from 1.347 support and resistance...