It seems that the GBP/JPY currency pair is signaling a preference for a selling direction. The proposed entry point for selling positions is at 191.300, indicating a strategic level identified by the analysis. Furthermore, technical analysis suggests potential target levels for this downward movement. Specifically, the projected targets are at 188.00 and 187.00....
By checking the #euro_dollar chart in the 2-hour time frame, we can see that exactly as we expected, the price entered the desired demand range and started to grow from the same zone, and with more than 70 pips of yield, it was able to grow above 1.069! I still believe that by maintaining the support of the 1.064 range, the price can penetrate to higher levels and...
Hi Traders ! On Friday 19 April, The AUDCAD Reached The Support Level (0.88012 - 0.88194). The Price Broke The Last Lower High (Choch). So, I Predict a Bullish Move 📈. ------------- TARGET: 0.89430🎯
FX:USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart. Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its...
Monthly chart for this pair is still bearish, as we are also reaching a major resistance level, which also lines up with the 200 moving average on the weekly chart. Target would be for price to fall back down around .88550 to .88000.
Pair Name : EUR/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ——————————— Bullish Break...
The GBP/USD pair rallied to 1.2450 on Wednesday during the early Asian trading session. Optimistic PMI data for April from the U.S. and increasing demand for risk-related assets applied some selling pressure on the US Dollar, providing momentum for GBPUSD. Later in the day, the U.S. Durable Goods Orders and Weekly Mortgage Applications will be released. However,...
Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
GBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart. The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum. A downward movement towards the 2.0833 level is likely.
Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ——————————— Bearish Break...
If you guys look carefully & analyze the Quarterly Time frame we can see supply has been met. Thus giving us more context as to why prices are lingering in that zone. It’s for the simple fact that the Quarterly EMA200 has been reached. This will imply a Reversal Trend and we might see price go down toward 130 Range. Always Trade Safely and view the bigger trend....
In the daily time, it moved up after a complete 5-wave cycle, which is currently correcting the previous movement wave in a complex three-wave cycle. The last correction log after the breaking of the support area that corrected itself at 61.8 the previous wave has broken the area downwards, which is currently a resistance area for it. This upward correction wave...
Hello dear traders We have a daily analysis of the Euro, which has given us proper confirmations of the change in the daily trend, which we will also prioritize buying based on our daily trades. Good luck Smart Money Liquidity Hunter
By checking the #Euro_Dollar chart in the 2-hour time frame, we can see that the price moved to higher targets exactly as we expected, and we have seen +90 pips yield up to this moment! As you can see on the chart, the price has currently reached a supply range and that is why the initial reaction to it was negative! Therse is a possibility of price correction up...
Traders, In our analysis of EUR/USD, we're eyeing key reversal and pivot points for potential trading opportunities: Short entry point: 1.0725 First long zone: 1.0686 Second long zone: 1.0649 In light of the Daily chart analysis, although our long-term bias remains bearish, we anticipate the possibility of a bearish day, or at least a ranging day, today or...
Hi Traders, This trade presents a comprehensive analysis and rationale for the anticipated strengthening of the Japanese Yen relative to the Euro in the current economic climate. Through an examination of key economic indicators, monetary policies, geopolitical factors, and trade dynamics, this analysis aims to provide valuable insights into the potential...
NZDUSD making double top. it is changing form buillsh to bearish trend.
AUDCAD was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...