Hello dear traders!
Overall, EURUSD volume is still falling, however the previous downturn has leveled off after the previous sharp decline (as I predicted earlier). It is currently trading at 1.0676, after touching 1.062, marking a 0.18% gain on the day. A broad decline in the US dollar and improving risk appetite bode well for the pair, as markets weigh the...
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Overall, GBP/USD recovered early Monday and rose above 1.2450 after falling to its lowest since November of 1.2426 before the weekend. The technical outlook suggests the bearish bias remains intact but de-escalation in geopolitical tensions could help the pair prolong its...
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Currently, USD/JPY is at a multi-decade high of 154.00 during the European session on Monday. The Japanese Yen continues to be weakened by the BoJ's uncertain outlook on future interest rate increases. Concerns about intervention and persistent geopolitical tensions could help limit...
Hello dear friends!
Just as James predicted last week, the downtrend of EURUSD continued last week, the growth did not develop and it continued to decline deeply. Currently EU is trading at 1.0608 and the trend continues to grow. There is no change in momentum here, it mainly continues to decline sharply to test the previous huge liquidity bottoms of the trend...
Hello dear traders!
Overall, after a long period of sideways movement, GBPUSD has experienced significant volatility as it exited the sideways channel and fluctuated below the low, currently trading at 1.2431.
It can be seen on most timeframes that GU is maintaining below the lows after a long period of sideways movement and settling above the highs, suggesting...
The Australian dollar continued its strong sell-off even as the prices of industrial metals continued bouncing back. The AUD/USD pair crashed to a multi-month low of 0.6450 on Monday, much lower than this month’s high of 0.6645.
Bearish view:
- Sell the AUD/USD pair and set a take-profit at 0.6425
- Add a stop-loss at 0.6525
Bullish view:
- Set a buy-stop...
Hey everyone, curious about the current trend of EURUSD?
Today, EUR/USD climbed to near 1.0650, rebounding from a five-month low of 1.0622 reached last Friday. The US dollar has strengthened due to increased buying amid geopolitical uncertainties, which has put downward pressure on this currency pair.
The 1.070 support level has been breached and is no longer...
As we mentioned before price now is touching our major resistance zone which is form here based on Fibonacci levels and we are looking for a heavy dump here and also we have an open high-risk short now with 1:4 RiskReward.
DISCLAIMER: ((trade based on your own decision))
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The EUR/USD has taken a slide for the sixth session straight, finding itself in a dance around the 1.0600 mark during Tuesday’s Asian trading hours. The soaring U.S. dollar is flexing its muscles, likely fuelled by the climbing U.S. Treasury yields putting the squeeze on the pair.
Peering into the crystal ball, the eurozone’s shaky economic fundamentals, paired...
Hello everyone! This Monday, GBP/USD saw a bit of a rebound, climbing above 1.2450 after dropping to a November low of 1.2426 last week. The technical outlook still signals a bearish trend, but easing geopolitical tensions could extend this currency pair's recovery period.
Investors were seeking safe havens last week following reports that Iran might retaliate...
GBPUSD / 1D
Greetings, traders! Welcome back to another market analysis.
GBPUSD has been trading in a trading range, the price seems to have broken the trend line, expecting lower prices for the next week. I'll wait for the previous S/L level to get on this leg up.
Trade safely,
Trader Leo.
Pair Name : EUR/USD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break...
GBP/USD continued its downward trend for the third consecutive day on Tuesday, reaching its lowest point since November 17 during the Asian trading session.
Speculators pushing the price lower have sent the pair back to the bottom of the monthly descending channel at 1.2440, which is currently being tested. Last Friday's low just below this, at 1.2430, is also...
Hello Fellow Traders, Its BEEN A WHILE!
I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For XAUUSD
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some (Rejection / Confirmation / Direction)
2.Wait for confirmation(Price...
Hello traders, EUR/USD fell heavily post the release of CPI data from the US last week. While I anticipated EUR/USD to fall to the 1.0740 zone, I did not expect it to break the horizontal support level.
Currently, EUR/USD is at the lower trend line of the broadening wedge pattern . While the price action does not look bullish yet, I am still considering at buy...
Hello,Traders!
AUD-CHF keeps falling but
The pair will soon retest
A horizontal support level
Of 0.595 from where we
Will be expecting a local
Bullish rebound
Buy!
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Check out other forecasts below too!
Pair Name : GBP/AUD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price fell to the seller zone, which coincided with the resistance level and at once bounced up, but soon GBP turned around and made impulse down lower 1.2580 level, breaking it. After this movement, the price started to rise inside the upward channel,...
