Technical Analysis: Supply Zone: The current price of AUD/CAD is approaching a significant supply zone around 0.89800. This area has acted as a barrier in the past, indicating potential selling interest. Simple Moving Averages (50 and 100 SMA): The 50 SMA is crossing below the 100 SMA, forming a bearish crossover. This could signal a potential shift in trend...
Hello traders, The green zone is suitable for long trades. However, if it breaks, it will turn to a resistance which make it a perfect place to short EURUSD. In terms of any break over the red, or below the green, next levels could be around the white lines.
Hello traders, Gold might gain power! Get ready to short it around the zone
Hello traders, Regarding the long-term analysis. Gold is bullish but over bought! In terms of mid-term. Gold is bullish and over sold. We are waiting for a break over the green horizontal line or below the trend line. but for now, we have a chance for short-term profit! Risk less than normal for short-term traders.
Dear traders, There is a static liquidity level around 147.400, a drop from the levels are expected! Trend is perfectly bearish and we are about to be overbought here! Read about indicator analysis in comments!
Hello traders, A longer-term bullish channel is broken! A new bearish channel is forming. Let's short the pair around the level
Hello traders, A buy setup will be available in case of any breaks over 0.83500
Hello traders, we are exactly around a weak zone. we don't trade it! The next strong zone could be touched around 1.0870.
Hello traders, On the one hand, AUDCAD may continue it's bullish move in it's short-term channel. On the other hand, the pair got high probability to react to the level in case of any breaks of lower band of the mentioned channel.
Hello traders, This is clearly an uptrend move. Let's take some profits around the level! This idea may be expired in 2 days!
Hello traders, On one hand, I'm not bullish on USD! On the other hand, JPY is super bearish in long-term. Take this trade considering risk management principles.
Hello traders, You can both set your long orders around the zone if the bearish momentum is not so strong, or wait to see a confirmation in LTF!
Hello traders, There could be a possible "head and shoulders" I think most optimal place to set long orders is around 1.0800, however there might be some reactions around 1.0850. If you want to take confirmations into consideration don't forget about this level. In terms of any breaks over 1.1000, around 1.0970 could be taken as entry points.
Hello traders, XAUUSD has braked both the bearish channel and horizontal line! there is an obvious chance to close in cluster of incline line and broken zone. This post will be updated.
Hello traders, The pair is perfectly bullish after the sharp move in November, 1st. We are ready to buy below the monthly R1.
Hello traders, There is a strong longer term bullish channel! We expect some bearish hours in next hours and then an upward move is expected.
A correction is expected in next few days! My general bias is still bullish
Hello traders, XAUUSD is bearish until it's under 1980. Wait for updates.