Hello all dear traders! On the news impact : EUR/USD continued to rise on Thursday as the prevailing positive sentiment in the markets brought support to risk-sensitive currencies such as the Euro. This improved risk appetite can be attributed to dovish comments from Federal Reserve Chairman Jerome Powell on Wednesday. It is currently trading at 1.0717, but...
EURUSD is currently reaching its PRZ. It is also following its trendline. A bearish divergence at PRZ is a good setup to sell.
My dear friends, Please, find my technical outlook for NZDUSD below: The instrument tests an important psychological level 0.6026 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5982 Recommended Stop Loss - 0.6053 About Used...
There is a strong selling area on the daily frame We suspend the transaction and follow the good terms
In line with the analysis on dollar and gold, GU seems clean for sells from 1.265 area.
GBPUSD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPUSD Entry Point - 1.2581 Stop Loss - 1.2635 Take Profit - 1.2489 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
I think GU possible to drop more. Trade at your own risk.
GBPAUD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPAUD Entry Level - 1.8971 Sl - 1.8882 Tp - 1.9135 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.0890 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.1001 About Used Indicators: The pivot point itself is...
A #short trade opportunity recently presented itself on the #aussiedollar (#AUDUSD) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.66462 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...
My dear friends, My technical analysis for EURGBPis below: The market is trading on 0.8566 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8574 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Dear Traders, Likewise our GBPJPY idea we also expect the similar movement on CADJPY, due to JPY recent bullish price correction, price of JPY pairs dropped heavily, however, the good thing is price rebounding from a vital key level which may be a turning point that buyers were looking for. Please note, today there is bank holidays in the uk and japan.
**USDCHF:** This week's forecast is for the price to reach the key level at 0.92042 and then fall back to the bottom of the channel
**GBPUSD:** This week's forecast is for the price to test the key level at 1.2346 and climb back to the top of the channel
The dollar slightly declined on Monday, influenced by a disappointing U.S. jobs report last Friday that fueled speculation about multiple Federal Reserve rate cuts this year. Meanwhile, the yen weakened following last week's presumed market intervention. The EURUSD pair gained ground on Friday and commenced the new week on a steady, albeit slow, trajectory after...
**EURUSD:** This week's forecast is for the price to fall to the zone marked between 1.05911 and 1.05582, the lower part of the channel close to a key level at 1.05566
🏃♂️ EURUSD is moving near the 🔴 Resistance zone($1.0806-$1.0781) 🔴. 📈According to Classical Technical Analysis , EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the...