based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
Usd/cad had a beautiful break out of a tight Apex on the 4 hour timeframe. The other confluence was a diversion on the rsi indicator. After making new highs we mark the last red candle and is used as a poi. Once it has returned to it we simply go down to our lower timeframes and look for the entry. Big news today from the dollar which for me is another massive...
There is a possibility of making inverted Head and Shoulder pattern in 5 and 15 minutes chart. Looking for a buy opportunity. Use proper risk management. Thank you
EURUSD: The EUR nowadays did now no longer decline however as a substitute is shifting up close to the 1.0740 resistance region. This is because of the weakening of the USD. Currently, due to the fact DXY is damaged and is possibly to maintain to weaken, nowadays`s model ace can pay interest to NONFARM. It is anticipated that EURUSD will possibly retest across the...
US DOLLAR FORECAST – OANDA:GBPUSD - U.S. dollar displays rangebound behavior ahead of high-impact events on Friday - US PCE data and Powell’s speech on Friday will be key for markets - Thinner liquidity conditions are expected later in the week because of a bank holiday The U.S. dollar, as measured by the DXY index, moved within a narrow range on Tuesday,...
GBP/USD gains traction above 1.2500, Fed keeps interest rates steady GBP/USD gains traction near 1.2535 early Thursday. The major pair's rally was supported by a sharp decline in the US Dollar after the US Federal Reserve kept interest rates unchanged. GBP/USD fell sharply on Tuesday and erased all of Monday's gains. The pair hovered in a tight range below 1.2500...
buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3 is a trade idea as $nzdemployment data made big miss and were so bad but since #nzdusd #eurnzd #gbpnzd outperform on #nzd side while shoulf be the opposite so i try this trade. may market wanna put off all retail trader may copper are up so much that boost nzd for now i see 0 reason why nzd outperform...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
USDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting. Expect some series of descend (downside) from the current price point. Spotted at 1.36 TAYOR Safeguard capital always.
I think GBPUSD will move higher to reach the resistances I have identified on the chart. From there, it will continue to move downwards. Please consider capital management. Good luck.
Here is a 1:2 RR Trade setup on AUD USD Lets see how this play out Waiting patiently for confirmation
Thinking about going long soon. Price left a few no top wick candles on 4HR. I believe price will reach these levels before continuing a bearish trend
The long-term trend is still bullish with what looks to be a completed complex correction (WXY) on the primary count ... Do you think the US Dollar has the legs to break out?
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any. looking for short at liquidity area. wait for comfirmation. maybe during news tomorow. see you guys.
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.
Price entry supply H4 and reject. TF 15 m was CHoCh, now price retrace to OB 15 minute.
**USDCAD** Technical Analysis : We notice that the dollar is in an upward movement within an ascending price channel We can say that wave 4 has completed and wave 5 is beginning to form . Fundamental analysis : 7 may 2:00pm The Ivey Purchasing Managers Index it will be weak making the cad weak . **Buy deal 7 may : Entry from levels 1.367 and targets are 1.381.
Hello Everyone, The NZD/USD is currently making strides upwards, positioning itself favorably for a burgeoning long-term bullish sentiment! Key resistance levels to monitor include 0.601471, 0.596321, and 0.598682. TradeWithTheTrend3344