Buscamos puntos de confirmacion segun el analisis para entrar en new york.
similar to the USD / CAD pair, the USD / GBP pair is also about to end its uptrend cycle at week, denoted by the 5-wavelength ending in the uptrend. The downtrend is forming. With this trend the USD could lose up to 85% of its value against GBP Wait for the price to confirm at a smaller time frame
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Price been access to sensitive area 1.25000, we give two scenarios of what could happen in both sides, cause the Price is Trapped inside the Box of Price Action. Have a Good Trade. Give us a comment or feedback, too Like and Subscribe for more update.
Sterling will continue to weaken USDGBP end of wave 2
This is just an update to a previous post that pointed to strong bearish divergence in the DXY, Target was 83 - raised to 85 but possibly lower, Competitive devaluation of the USD a side-effect of Fed over-reaction to a supply side disruption that lower interest rates simply cannot help. Rates now significantly negative in real terms, with a possibility of soon...
GBP/USD May fall 100+ pips Insight - Due to fundamental events, price has hit an extreme low, breaking the support of the monthly descending channel. Support now at 1.1434 and resistance at 1.1808 Intraday - 4H Trade: Sell Sell or Below 1.1434 Target TP: 1.1296 & 1.1133 Alternative scenario: Trade: Buy Buy or Above: 1.1434 Target TP: 1.1808 &...
best time to long gbp/usd due to technical analysis
As shown on chart. This breakout move would also validate an inverse H&S pattern which is the reasoning behind the second target.
This pair is about to drop down to strong support which has been tested 3 times (in my opinion) and therefore we have a strong support level. We can see on the 240-minute (4 hours) timeframe that we have rejection on the trendline and our RSI is over 50 which means that we are in an overbought position. Therefore I am willing to short this pair. ...
As shown in the weekly chart, please pick up your choice: Sc1, Sc2, or sc3? However, if the USD needs more corrective period it eventually strengthened against major currency.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
EURUSD: Recently fell to the 61.8% Fibonacci Retracment Above Daily support of the Ichimoku cloud Daily MA green confronting the downtrend Euro is oversold in this market 1:4 Trade Idea on Chart Leave a comment with your vision for the future of this market And leave a like if you enjoy my analyses Cheers, Kingzman
dxy. usdcad. Pound. Price Action and Patterns, and my favorite trade: over sold markets coming to support.