Amitrading

Amitrading

Weekly: XAUEUR closed last week with a strong bearish candle, breaking below a key weekly support level. This signals a potential shift in long-term momentum. Daily: Price decisively broke the internal bullish structure and dropped below the rising trendline and both 14EMA and 50EMA. This breakdown happened with strong bearish momentum, indicating that sellers...

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🔎 Weekly Overview: Price has respected a key weekly support zone for two consecutive weeks, forming a bullish pin bar followed by a solid bullish candle this week. This shows strong buyer interest from a higher timeframe level. 📉 Daily Chart Explanation: Daily structure has shifted to the upside. Price is now trading above both EMAs, signaling momentum...

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📉 Overview from Weekly Time Frame CADMXN has broken a key weekly support level and formed a solid bearish candle. The pair also rejected and closed below the 50EMA, confirming sellers are in control on the higher timeframe. 📉 Daily Chart Explanation The downtrend is well-established on the daily chart, with price consistently trading below both the 14EMA and...

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🔥 Weekly Overview: Price has just rejected the weekly EMA after forming a strong rejection candle. This signals potential support at the dynamic level and hints at a bullish shift. Buyers are likely stepping in from this zone. 📅 Daily Chart Explanation: On the daily timeframe, price has broken its internal bearish structure and flipped to the buy side. It is...

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📉 Weekly Overview: Price is currently held by a significant weekly resistance level. Last week formed bearish price action, indicating potential exhaustion from buyers and room for sellers to step in. 📉 Daily Chart: Although no strong momentum candle yet, price has already broken internal bullish structure to the downside. EMA50 is starting to flatten, hinting...

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Sellers Missing, But Structure Is Alarming ⚠️ Weekly Overview: Price is currently at a major resistance zone and formed a clear bearish pin bar last week, hinting potential downside pressure. This level has historically acted as a ceiling, so it's worth paying attention. Daily Chart Insight: Despite the bearish weekly signal, the daily timeframe hasn't...

Amitrading Updated 

📉 Weekly Overview: EURNOK holds firm at a major support zone and prints a bullish engulfing candle, signaling potential reversal strength. This is a significant reaction level that previously acted as a demand zone — price respect here is a strong technical clue buyers are stepping in. 📈 Daily Chart Analysis: The daily chart confirms bullish intent as price...

Amitrading Updated 

📉 Overview from Weekly Timeframe: Price was rejected strongly from key resistance zone and the 50EMA, forming a large bearish rejection candle. This signals a potential momentum shift to the downside after a prolonged rally. 📉 Daily Chart Explanation: Price has broken the ascending trendline and is now trading below the 50EMA, suggesting bearish control....

Amitrading Updated 

Weekly Overview: Price is holding well at a key weekly support zone, forming a strong rejection candle—indicating buyer interest stepping in at this level. Daily Chart: We are seeing consistent bullish pressure with four consecutive bullish candles. This is a good sign that momentum is building on the buy side. 4H Chart: Price action has decisively broken...

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📉 Overview from Weekly Time Frame AUDCHF has been held under the 14EMA and a significant weekly resistance zone for multiple weeks, mirroring the bearish control seen in NZDCHF. Sellers have maintained dominance without a successful bullish close above the EMA, reinforcing a bearish long-term bias. 📆 Daily Chart Explanation The daily timeframe shows a clear...

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📉 NZDCHF is setting up for a potential continuation to the downside with strong confluence across all timeframes. Weekly Overview: Price has been held down by the 14EMA for the past 8 weeks, showing consistent rejection and confirming bearish pressure from higher timeframe. Daily Chart Explanation: The pair is respecting the 50EMA as dynamic resistance....

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📉 Overview from Weekly Timeframe: Price has been clearly rejected from a strong resistance zone aligned with the 50EMA. This rejection signals a potential bearish reversal, especially with recent wick rejections indicating seller strength. 📉 Daily Chart Explanation: The daily timeframe shows subtle signs of bearish pressure with rejection candles forming, but...

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📉 Overview from Weekly Timeframe The weekly chart presents a mixed scenario. While recent price action shows bullish intent, the presence of strong resistance and the 50EMA overhead suggests limited upside potential unless a clear breakout occurs. ⚠️ Patience is needed as bias is not fully aligned. 📅 Daily Chart Explanation The daily timeframe shows some...

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Overview (Weekly Timeframe): CADMXN is holding strong at a significant weekly support zone, aligning with the 50EMA 🟢. Sellers are losing steam as price stabilizes, hinting at a potential bullish reversal. This level has historically acted as a base for upward moves, making it a key zone to watch. Daily Chart Explanation: On the daily chart, price action...

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📈 Weekly Overview: Price is holding firmly at the weekly support zone, aligned with the 14EMA, suggesting that buyers are stepping in to defend this key level. 📆 Daily Chart Explanation: The daily timeframe has formed a potential double bottom pattern, a classic reversal signal. Price is rejecting the 50EMA with consecutive bullish candles, indicating a shift...

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Weekly Overview: UNI has been hovering around a significant weekly support/resistance zone for several weeks. Last week's strong bullish candle signals growing buying interest at this level 🟢. Daily Chart Insight: The daily structure remains bullish ✅. Price has pulled back into the discount zone, showing momentum that aligns with continuation. This setup is...

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📈 Overview from Weekly Time Frame USDSEK is stalling at a key weekly support zone, showing signs of rejection from the downside. This level has acted as a reliable demand zone in the past. 📊 Daily Chart Explanation Price has broken the internal bearish structure and is now holding firmly above the 14EMA. Recent candles are showing bullish momentum, indicating...

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📈 Weekly Overview USDDKK shows bullish reaction from a key weekly support zone, in line with EURUSD rejecting resistance. Since USDDKK typically moves inversely to EURUSD, this setup aligns well for a long opportunity. 📆 Daily Chart Yesterday formed a bullish pin bar after a period of consolidation, indicating potential strength building from the daily support...