As of the most recent data, the NZD/USD pair is trading at approximately 0.6010. The currency pair has been exhibiting fluctuations within a defined range, showing signs of both resistance and support at critical technical levels. The NZD/USD pair is currently trading just below the Ichimoku Cloud. This positioning suggests a bearish sentiment in the market, as...
We now have a break of the falling wedge on USD/JPY, better Yen trades are available GBP/JPY, EUR/JPY & NZD/JPY however it's likely this will pull up to 159.62 in the coming days. Chris Head Coach & Trader for over 30 years
This is my Intraday analysis on EURUSD for 7 May 2024 W19 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Today's sentiment for EUR/USD pair is shaped by pivotal occurrences from the previous week. The release of weaker-than-anticipated Non-Farm Payroll (NFP) data...
In this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear...
Price may likely fall lower from 1.25919. A further retrace to that price level may insight another wave of sell trend. Technically, the probability of price to retrace to 1.25919 wound creAte a double top pattern in m15
Trading Setup: There is a Trading Signal to Sell in AUDUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.6634 ⭕️SL@ 0.6681 🔵TP1@ 0.6551 🔵TP2@ 0.6466 🔵TP3@ 0.6281 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
We expect further downside on this pair, signalled by the formation of a double top. We can also see the breakout of a short-term trendline and key level which further supports our bearish directional basis.
Greetings, everyone! I'm back with a new analysis and am looking for a sell opportunity in the OANDA:USDCAD pair, after taken out the inducement there are two points of interest (POIs) available for sale. I will consider selling after confirming the details at any of these POIs
This pair will see a pullback to around .8850, after a strong push up , im expecting the market to turn into bear market for the next couples of days. Liquidity grab and down to at least %61.8. Sell sell sell
Waiting for trade to hit tp. Currently floating like 70 pips. Got a few runners on this trade
Could this be a possible SELL for AUDUSD? The market is currently reacting to a major level of structure. Based on what price action is showing, there seems to be a 4HR reversal chart pattern form right around the zone. Let's see how this will play out. Feel free to share your ideas
📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...
Trading Setup: A Trading Signal is seen in the GBPUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.2567 ⭕️SL@ 1.2586 🔵TP1@ 1.2496 🔵TP2@ 1.2456 🔵TP3@ 1.2336 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
📉🚩 NZDUSD Market Alert: Bearish Flag and Pole Pattern Breakthrough! 🚩📉 OANDA:NZDUSD Traders, we're observing significant developments with the NZDUSD pair. Amid a continuing downtrend, a bearish flag and pole chart pattern has taken shape and successfully broken through the flag pattern, indicating a robust continuation of the bearish trend. Here’s what you...
Hello, friends. Nice to meet you I hope you all have a good day GBPAUD is in a position to be a good RBI. I hope it goes exactly as it should.
Trading Setup: There is a Trading Signal to Buy in USDJPY Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 154.29 ⭕️SL @ 153.59 🔵TP1 @ 155.64 🔵TP2 @ 156.49 🔵TP3 @ 159.30 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
The EUR/USD pair on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a triangle pattern. Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.0770 or lower if the price continues to decline. Target Levels: 1.0704: This...
The AUD/USD pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a well-defined bullish pennant pattern. This breakout suggests a continuation of the prior uptrend and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance...