The US CPI came down more than expected yesterday at 3.2% y/y, and as a result the USD fell sharply with US yeilds, while stocks and metals are on the rise. For now, this seems to be a very important data as it causes also a very important breakdown on USD index and US yeilds. Looking at the US yeilds, we have five waves down, so it means that top is in place,...
#DXY The dollar has reached the reversal zone (Harmonic Enlightenment pattern) The decline prediction fails with a daily close above 108.14. Otherwise, we wait for the green targets The "Butterfly" pattern is a technical analysis pattern used in trading, including cryptocurrency trading. It is a specific type of harmonic pattern that traders use to identify...
This trade is not valid to enter yet. Entry: Looking to go long on USDCAD. USD still hold bullish momentum fundamentally and our technical are also still aligning with upside pressure. If we see price retrace back to 1.37283, we will our long entry. However, if we see price aggressively move down below 1.36174 the trade becomes invalid. Exit: If we get our...
#XAUUSD today on gold, price will go two directions depending the outcome if trend break, if possible price breakout 1975.37 we should buy above 1980 which have another price decline but firstly sell entry is between 1973 limit, possible target price may reach if it didn't touch 1975.37 is below 1961. Buy stop and stop loss 1975.37
The EURUSD pair followed the exact path that we pointed out on our last analysis (see chart below) as it gave a buy opportunity after a pull-back on the 1D MA50 and rebounded aggressively following yesterday's lower than expected U.S. CPI: A new pattern has emerged since, a Bullish Megaphone, with the price hitting yesterday's its top (Higher Highs...
Dear Esteemed TradingView Members, I n the world of financial trading, precision and insight are invaluable assets. In today's dynamic market environment, it's imperative to embrace the right tools that provide clarity amid the ever-shifting tides of economic forces. I n this piece, I delve into the intricate currency trading, focusing on the EUR-USD market....
We have a corrective movement to the upside that's exactly what I like to see because that tells me that uh it's not really an uptrend it's going to be very short-lived and that's exactly what happened here so after after price took liquidity from these highs right here ,continued trickling up a little bit higher but then very abruptly dumped to the downside right...
– Previous Daily candle closed strong Bullish around 1963.200 breaking above Daily Resistance formed on Friday last week. – Buys on close above 1969.000 targeting 1h Resistance formed around 1974.500, Leaving Runners to the 4h previous Support formed around 1978.200. – Sells on close below 1961.500 targeting 15mins Support formed around 1954.300, Leaving Runners...
DXY index will go green again after testing 103.700 level this week. Yesterday unfortunately dollar was red. But probably it will go up again today. Follow To Get More Signals. If you’re trader and looking for professional technical analysis for your trades, Send us your case and we will serve you. Don’t be hesitate to contact us. Best Regards.
Unfortunately eurusd had gone up to 1.08850 yesterday because of usd weakness, after reviewing chart eurusd probably will go down to 1.07425 again after green trend. Follow To Get More Signals.
As We Talked in The Previous Analysis: The GBPUSD Price Reached A Strong Support Level (1.20512 - 1.19931). Currently: -The Resistance Level (1.23376 - 0.53574) is Broken and Becomes a New Support Level. The Resistance Line is Broken. So, I Expect a Bullish Move📈. Currently, The Price Pull Back to Support Line ! and Now it Will Continue its Bullish Movement...
The EURUSD pair reacted extremely positively on the lower than expected U.S. CPI, naturally so and crossed over the 1D MA200 for the first time since September 1st. The 1D technical outlook is almost overbought (RSI = 69.156, MACD = 0.004, ADX = 16.674) and even though some relief pullback is to be expected, this rally should complete by the end of the month a...
Hello Traders ! On Wednesday 4 Oct, The Dow Jones Price Reached A Strong Support Level (32578.50 - 32855.30). The Resistance Level (34145.38 - 33968.84) is Broken and Becomes a New Support Level. The Resistance Line is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 34850.00🎯
Hi Traders ! On The Weekly Time Frame, The GBPUSD Price Reached A Strong Support Level (1.20512 - 1.19931). Currently: -The Resistance Level (1.23376 - 0.53574) is Broken and Becomes a New Support Level. The Resistance Line is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 1.24860🎯
EURUSD is under a strong bullish pressure after CPI release. The market violated a major horizontal supply area without any hesitation. Our next resistance is 1.092 It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️
The USDCAD pair is making Higher Highs within the medium-term Channel Up as presented on our most recent idea (see chart below): As the price is extending its rise, we shift to the 1W time-frame in order to present to you one of the strongest bullish signals on a quarterly horizon. As you can see the pair broke above the (dotted) Channel Down, which on a...
ETH is going down next days to 1950$. After test this level we will take another look at chart. Follow To Get Next Signals.
#XAUUSD based on D1 timeframe and price decline, price is possible to fall below 1930-1925 which can create another third pattern on bearish, but firstly the main entry for sell is between 1946-1949 because price have some correction to make there, if possible price break above 1954 in H6 then we may expect bullish trend. Stop loss 1954 on sell