Hello Everyone, Despite the recent decline in NZD/JPY, higher timeframes ranging from 1 day to 1 year continue to indicate a favorable stance for a buy position. However, it's important to exercise caution at this juncture as the price is currently below the monthly, weekly, and daily pivot points, which have recently acted as resistance levels. Presently, the...
Hello Everyone, EURJPY continues to exhibit strong bullish momentum and is anticipated to maintain this trend. Should the daily support levels fail to hold, there is a possibility of additional tests on the monthly support levels. TradeWithTheTrend3344
Hello Everyone, Despite the recent dip, AUDJPY is anticipated to maintain its bullish trajectory. The support levels have demonstrated resilience and effectiveness throughout this period. TradeWithTheTrend3344
Hello Everyone, The USD/CAD pair has found support near the 1-year pivot point (PP), with current pricing hovering around the significant weekly support level at 1.349331. Additionally, there's anticipation of encountering substantial monthly support around 1.344618. A breakthrough past these levels could potentially lead to further downward movement. Prevailing...
Hello Everyone, NZDUSD faced resistance at the 1-year pivot point, and its performance near the daily pivot point will provide insight into its short-term trajectory. In the long run, NZDUSD presents a buying opportunity! TradeWithTheTrend3344
Hello Everyone, Currently, the AUDUSD remains inclined towards selling in the 1-year and 1-month timeframes, while indicating buying opportunities in the 1-week and 1-day timeframes. However, with time, the long-term selling view is gradually shifting towards neutrality. Presently, there's evidence of support found at the 1-day Pivot Point (PP) and support...
Hello Everyone, The USDCHF pair is presently trading below the daily resistance level, and its reaction at this point will provide insights into potential future movements, with current indications favoring the bearish direction. In summary, observable developments suggest a clear downward trend with increasing momentum expected in the near...
Hello Everyone, GBPUSD is currently exhibiting strong performance and has discovered support around the 1-day pivot point/support framework. Nevertheless, there is a possibility of another test of the 1-day support structure. All indications suggest a bullish trend continuation is likely. TradeWithTheTrend3344
Hello Everyone, The USDJPY pair has experienced a significant downward movement lately. Currently, the 1-year trend remains bullish, while the 1-month trend also shows a bullish sentiment. However, the 1-week trend appears to be neutral, indicating a weakening bullish trend. On the daily chart, the trend is bearish, with short and medium-term trends showing...
Hello Everyone, The EURUSD has experienced a significant upward surge recently! It's crucial to monitor the 1-year pivot point (PP) and daily PP/support levels to gauge how the price will respond to them. It's worth noting that the 1-year trend remains bearish, while the 1-month trend is currently neutral, and the 1-week trend is bullish. In essence, observing...
Hello Everyone, We've reached a new yearly high for XAUUSD at 2185.535, indicating a bullish trend continuation. Despite these elevated levels, further upward momentum is anticipated. However, a potential scenario where the daily pivot point fails to provide support could lead to a retreat towards weekly support levels. TradeWithTheTrend3344
Hello Everyone, The NAS100 has been demonstrating strong performance and is anticipated to continue doing so, although volatility should be anticipated. Overall, the outlook appears favorable. TradeWithTheTrend3344
Hello Everyone, The SPX500 is showing strong bullish momentum, indicating a probable continuation of the upward trend. Some fluctuations are anticipated along the way. TradeWithTheTrend3344
Hello Everyone, LTCUSD is showing considerable strength in its current trajectory. However, it's important to approach with caution as there's a possibility it could retrace to 1M support levels. TradeWithTheTrend3344
Hello Everyone, BCHUSD has reached its highest level ever! All indicators suggest that the uptrend will persist, but it's prudent to exercise caution given the elevated levels. TradeWithTheTrend3344
Hello Everyone, ETHUSD has exceeded expectations by reaching its highest point of the year. Although some fluctuations are anticipated in the short term, the trend suggests that the upward momentum is poised to persist. TradeWithTheTrend3344
Hello Everyone, BTCUSD has surpassed all projections, reaching a one-year peak at 64,074.75. However, it's anticipated that fluctuations will occur at this juncture. The key focus lies on how the daily Pivot Point (PP) will either bolster or rebuff the price movement. Presently, the trend exhibits robust bullish momentum, suggesting a probable continuation of...
Hello Everyone, The NZDJPY has discovered support as it entered the daily support zone, closing above both the daily and monthly pivot points. These developments signify a positive indication that the upward momentum is likely to persist. TradeWithTheTrend3344