A technical and fundamental outlook. Fundamentally US economy is looking decently healthy with rising inflation and higher retail sales than expectation. The short way of saying this is they are all making some decent money out there and they are spending it. Technically, this generated a huge upward momentum breaking through 154 area. This makes the trend mega...
4H is swing bearish 15M is swing bearish => Currently there is a reversal CHOCH signal We can look for buying opportunities when prices drop
Hey, guys Usdjpy is still showing a very strong bullish stance. I expect a pullback around 153.32-153.09. Once I see this area to hold, then this could be a very good buying area. We can see up to 156.71 or higher If that happens, it might put us in a better position to enter the deal
Guys, I think early next week we'll keep going higher until we get to the first sell zone, and then maybe start going down again, or even go higher, get to the second sell zone, and then go down. We also have two extremes, one bullish and one bearish The bullish setup is that we break the red line and then we will go to the highest red box as a long-term goal. The...
I think the price recently broke out of the downside range. I expect to continue down, whether it's your retest or the price creates support and then breaks out, or you can use tapering techniques to find a trend pattern
If weakness in the trend is taken into account and a structure is established and the previous ceiling is broken, perhaps we can wait to buy today as EURUSD is showing signs of recovery after experiencing heavy losses in recent weeks. So far, there’s no compelling reason to be overly optimistic, but there are signs of a sharp pullback on the downside.
The price is currently trading at resistance levels in all major time frames (4-hour, daily, weekly) Market sentiment is 90% short The divergence on the weekly chart gives us a better idea of the overall trend Stop loss 194.40, which is the fulcrum support for the daily time frame Profit level: 192.825 193.219 193.462 Good luck to you! !
Eur :- Interest rate cut expected difference JPY: - Possible intervention (yen rally) Technical and other Setting :S (RTF) Set time frame :4 hours Trigger :1 h Medium term: horizontal Long-term: Upward trend Minimum goal: local support Risk :0.36% Entry: Sell limit
On the chart, USDJPY is currently at its highest level in decades, at 155.00. That has traders worried about the risk of Japanese intervention in currency markets. A strong recovery in the US dollar also helped push the dollar higher against the yen. From a technical point of view, the market is stable but shows signs of correction. Before resuming the uptrend,...
I think the main trend is to the downside, with the price currently hitting a potential resistance level of 1.24635. Using the strength of three, GU surged to the upside during the London session, then fell, and was weak for the rest of the day. If the downtrend continues, the price has hit the h1 fiber retracement It also touched the m1 bearish point
We have all the confirmation, start looking for long positions, forecasts for EURGBP buy at this time.
EJ at all time high, at extreme of Supply Zone. RSI at extreme overbought on multiple Higher Time Frames D, W, Monthly.
My Analysis For GBPUSD is Bearish in Long Term, i using Prices Action, Fibonaci, and Tren Analysis
Hello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the...
My Analysis for EURUSD in longterm is Bearish. I using Fibonnaci and Trend analysis, target is in picture and stop lose in picture
Hello friends nice to meet you all hope you have a good day #EURUSD At other publish, We hit the target perfectly and took the WIN. Next, I will guide you through the next view. FOCUS. #EURUSD is showing an extended wave. If the upper line of the wave is broken upward and the retest is successful, It is open to rising to the recent high.
Hello everyone, what are your thoughts on the recent movements of USDJPY? Currently, the USD/JPY pair is experiencing a significant uptrend due to the substantial interest rate differential between the United States and Japan. With the Federal Reserve (Fed) setting the Federal Funds Rate at 5.25% - 5.50% and the Bank of Japan (BoJ) keeping its interest rates...
Hello everyone, let's discuss and strategize our new day! As James mentioned in the previous analysis, the price has rebounded but remains limited below the 1.0727 resistance level with the bullish bias amid a weaker looking US dollar. However, overcoming the 1.0730 resistance clearly remains the challenge and the target. On impact news: Looking ahead,...