Hi traders. On this pair we are currently seeing a breakout. If the breakout holds we are able to take a position going long. USD Is showing signs of strength across most currencies.
The rising USD against PLN has finally broken through its descending trendline. This strength in the dollar can be attributed to rising bond yields (amid an unmoved Federal Reserve) and the prevailing economic challenges in Poland and the European Union (recessions).
On a technical note: The USDPLN pair has successfully broken out of a descending trendline on the...
hello everyone.as you see in 4hr a bullish candle closed above the last high and changed the trend direction.and we also have CHOCH in daily time frame.so in smaller time we wait for reason to open long position.good luck
“”your follows and boosts encourage me to publish more analysis””
🚀📈 USDPLN: Seizing the Bullish Momentum! 📈🚀
📊 Technical Analysis: USDPLN, the forex currency pair, is currently exhibiting a picture-perfect bullish trend on the 1-hour chart! 📈 The price action is riding the waves of a strong and steady bullish trend line. 📈📈 Additionally, the Momentum Indicator RSI shows no signs of divergence, confirming the sustainability of...
📈🚀 USDPLN: Bullish Outlook for Monday Trading! 🚀📈
💡 Technical Analysis: The USDPLN forex currency pair is showcasing a perfectly bullish trend on the 1-hour chart!
📈 The price action is forming higher highs and higher lows, supported by a strong bullish trend line.
📈📈 Additionally, the Momentum Indicator RSI exhibits no signs of divergence, reinforcing the...
USD looks Bullish for one last leg up. In meanwhile, BTC and Crypto will dump. One USD is done creating the right shoulder of this massive Head and Shoulder pattern, it will dump heavily and BTC will then enter Bull Market.
Sorry for messy Technical Analysis. No time to make it neat before publishing.
The idea is very simple... Despite it having a significantly higher interest rate than the US, capital isn't flowing in the country. Poland is in a very tough place right now, as it has a relatively small economy and doesn't have a currency that is widely used. Europe overall is a big mess, and the PLN is affected by the EUR too. The ECB still has rates at -0.5%...
hi, best regards from Poland,
from my work I see that USDPLN can hit 5.4 zl or even 5.6 zl
I think that we are on the beginning of creating one of the shoulders - waiting for a head, even one head or even two heads...
Situation is still dramatic - FED officially said that it is fighting with inflation. Still. It is major and the most important factor and risk...
Hi everyone,
Let's take a look at the USDPLN chart in the 1-day range.
As you can see, we moved in an uptrend channel marked with yellow lines for a while, then entered a downtrend marked with blue lines, and then exited from the top.
It is worth setting the first support zone from PLN 4.63 to PLN 4.57, and then we have a strong support zone from PLN 4.47 to PLN...
Hi everyone,
Let's take a look at the USDPLN chart on the 1-day interval.
As you can see, for some time we were moving in the uptrend channel marked by yellow lines, but now we are moving in the local downward trend.
It is worth setting the first support line at 4.54 PLN, and then we have a strong support zone from 4.47 PLN to 4.37 PLN. Looking further, we see...
