24 hours from the next FOMC meeting, AUDUSD seems to have found resistance at around the 0.6700 level. Because of the 25 bps hike expected tomorrow, I am expecting the USD to outperform the AUD... My first target is at 0.65215 and final target is 0.64319 ( Pivots ) .
The recent momentum from the US dollar could affect cryptocurrencies such as the Uniswap token. I am expecting a technical rebound from the cloud to head lower! My final target is at $4.50 .
EURJPY is in a strong uptrend after a rebound on the ichimoku cloud. A new high is to be expected this week with a Final target at 150.00
Good morning Y'all ! This crypto is showing early signs of bullish momentm. It is on the higher timeframe bullish and on the 4H it broke above its 200MA. I expect price to create a new high and reach fib extension at $2.25 .
EURUSD broke out of its ascending channel, It is now ready to test the 50% Fib retracement before continuing its descent to 1.0511.
Hello Guys! We are still seeing some selloff on the US Dollar with the increasing probability of a 25 bps increase as the next monetary policy from the FED... On the technical side, price is sitting on a pivot point and has broken the triangle on the 30min Timeframe. After all of these confluences, I took the decision to open a BUY postion for the next few days...
Hello friends, this is my first trade idea! After a strong bullish trend inside a rising wedge, EURUSD stayed in a range for 2 weeks. Now that we have tested the 1.0550 support, price should continue to go higher with my target being at 1.1000!
In my previous EURUSD idea, I indicated that the bullish trend was far from over. Tomorrow is CPI news and i doubt we will get a big correction before that news... For that reason, taking a long trade on the pair looks more than OK to me. Especially with current fundamentals...
Bitcoin directional bias is clear : BULLISH. With subsequent higher highs/higher lows and and a bullish pattern formed right above the last pivot point, I am confident that Bitcoin should reach 25K with no particular problem. Fundamentals are also in our favor with a 99% chance ( according to institutional investors surveys) that we will see just a 25bps hike by...
Last CPI data was essential to know what direction the market would take. With the last CPI number that came out EXACTLY AS EXPECTED, the Federal reserve of the USA should loosen their next FOMC hike. A 25bps hike is now at 95% probability among investors wich should increase pressure on the US dollar in the next days! Like and follow to stay updated on the pair!
GBPUSD seems to be preparing a bullish continuation. A good entry point for a buy to me would be at around 1.2000 ( 50% fib level). Like and follow to stay updated on the pair!
SPX500 has been bullish inside a rising wedge lasr month and we have since then rejected its major upper trendline and broken to the downside. This looks in my opinion bearish in general, however waiting for a retracement at the major trendline at around 4000 points would be a wise move...