Multiple time frame analysis for EURUSD. Daily/4h/1h outlook. Price action & important key levels. Bullish bias explained. ❤️Please, support this video with like and comment!❤️
🟢Gold saw its second consecutive day of gains today, following yesterday's positive performance. On the daily chart (D1), the price exhibited significant upward momentum, with a wide trading range, but it closed approximately halfway between the high and low, forming a spinning top candlestick pattern. This pattern, known as a Spinning Top, typically indicates a...
Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no...
If the range persist as shown, then play along with it... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can...
NZDUSD is trading in a long term bearish trend. After a consolidating within a wide horizontal range on a daily, the price violated its support. We see a positive bearish reaction to that after its retest. I believe that the pair will go lower. Next support: 0.576 ❤️Please, support my work with like, thank you!❤️
Dollar Index is trading within a horizontal trading range on a daily. The price tested the resistance of the range yesterday and formed a doji candle on that. As an extra bearish confirmation, I spotted a double top formation on an hourly time frame. I think that the Index will most likely retrace from the underlined red resistance. Targets: 106.35 /...
HELLO TRADERS , Double-Top Patterns Indicate Market Rally Could Be Nearing End as i can see the chart DXY is holding a support zone and trading under the trend line so outer middle east tensions are increasing day by day no ceasefire happen soon in coming days war is spreading to other nations that not good for $ it had still not touch 107.40 level in this...
USDMXN has converted the 1D MA200 to support and is rising steadily inside a Channel Up. The 1D technical outlook is neutral (RSI = 54.479, MACD = 0.196, ADX = 35.456) so once the current pullback towards the 1D MA50 and the bottom of the Channel Up, is completed, we will buy again and target a new +5.93% rise (TP = 18.8000). A 1D candle close under the 1D MA50,...
The U.S. Dollar Index is reversing at the top of October's Channel Down on a technical outlook that is about to turn neutral (RSI = 56.064, MACD = 0.260, ADX = 25.484). As long as the price stays inside the Channel Down, we are bearish, aiming at the 1.1 Fibonacci extension (TP = 105.225). If the price crosses over the top of the Channel Down, while the 1D MACD...
EURUSD was rejected on the 1D MA50 and turned into a sell that hit our target and the bottom of the Channel Up. Now that 1D is neutral again technically (RSI = 48.387, MACD = -0.002, ADX = 24.654) and the 4H MACD formed a new Bullish Cross (every Channel Up bottom has been formed on one) we can buy again and aim for another +1.85% rise (TP = 1.07150). A crossing...
The NZDUSD pair has gone a long way since the previous successful buy signal we gave (see chart below): The Channel Down shifted higher but the price is once again found on its bottom (Lower Lows trend-line) giving us a new high probability buy opportunity. On top of that, it appears to be repeating the May 31 bottom as the RSI is on an identical sequence....
According to Reuters, the US Dollar increased slightly against other currencies after the release of data showing that the US economy grew at the fastest pace in nearly two years in the third quarter. This was once again unexpected. despite dire warnings of an economic recession that have existed since 2022. According to estimated statistics on GDP growth in the...
– Previous Daily candle closed Bullish around 1984.900 closed above Daily Resistance formed on Monday this week. – Buys on close above 1987.200 targeting 1h Resistance formed around 1992.500, Leaving Runners to the previous Weekly High to fill the wick around 1997.600. – Sells on close below 1978.900 targeting 30min Support around 1973.300, Leaving Runners to the...
Hi my trading friends, Have you been following the dollar and what she has been doing over this past week? If not, I got you. The dollar made a new high after pulling back in a slight downtrend over the last few weeks. We now need to see if price can hold that high position or fall. Let me know in the comment section below what your next move will look like!...
US dollar is currently on the rise, dancing in perfect harmony with the surging US yield! The US dollar has been flexing its muscles lately, gaining strength against several major currencies. This upward trajectory has been propelled by the impressive rise in US yields, which have been climbing to new heights. It's a fantastic opportunity for us to capitalize on...
Bullish corrective canal got broken and now sellers are taking over.
USDJPY is trading within an ascending triangle formation on a daily. Taking into consideration that the market is trading in a bullish trend, probabilities will be high that we will see one more bullish wave. Your confirmation will be a bullish breakout of the horizontal resistance of a triangle - daily candle close above 150.15. A bullish movement will be...
Perfect Entry Perfect exit early Warning But good Traders also have good profit Taking sense of the market.And they have no EGO. Ig they are wrong they take the loss. Immediately. They have the perfect money mangement discipline. And they stay out.