- Oil prices are currently trading around $82.55, up slightly on the day. This continues the stable to bullish price action seen over the past month. - On the daily chart, Brent has held above key short-term support at $80 and is consolidating near multi-week highs above $82. - Momentum indicators like MACD remain in positive territory, pointing to ongoing...
- BTC is trading around $51,744 after hitting a recent high of $52,007. This suggests upside momentum may be slowing as prices approach resistance. - On the daily chart, the RSI is nearing overbought levels above 70. This could signal Bitcoin is due for a short-term pullback to establish support and refresh overbought conditions. - Key support levels to watch...
⚡️ For a potential long trade: Look for a rebound from the support zone between 1.0630-1.0640. The nearest resistance level is at around 1.0700, but the pair could rise further to test the next resistance of 1.0760 if momentum builds up. 📈 💪🏽 For a potential short trade: Keep an eye on the pair around the resistance zone of 1.0700. If it faces strong selling...
According to the latest currency news headlines, short-term sentiment towards the Euro appears slightly downbeat against the US Dollar. While both economies face inflationary headwinds, recent data surprises have painted a relatively weaker picture for the Eurozone bloc. German industrial orders came in lower than forecast in the latest monthly...
- The trend over the last 4 days of analysis has consistently been a down trend for EURUSD. Multiple ideas and forecasts have targeted further downside pressure. - The median support level cited as potentially invalidating the bearish trend is around 1.06369. If price were to close and stabilize above this level on a daily or 4H chart, it could signal upside...
EURUSD: Potential Breakout of Falling Wedge EURUSD, 240 Long Hello traders, I'm looking at the EURUSD chart and I see a potential breakout of a falling wedge pattern that has been forming since June. The falling wedge is a bullish reversal pattern that indicates a decrease in selling pressure and a possible trend change. The price is currently testing the upper...
Price break important resistance. Reveesal tendence long position always with good risk reward.
Price breaks important trendline resistance. Sell with good risk reward ratio.
Price break important trendline. Buyers take control. Reversal to short term long tendency. Buy with good risk reward trade.
Price breaks important resistance. Reversal long buy with good risk reward.
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Price break trendline resistance. I sell CADJPY with good Risk reward.
Price break important trendline. SELL GBPCHF with RR 1:2. Good luck.
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Price breaks important resistance and trendline. Buy EURAUD
Bitcoin price breaks important trendline and resistance. Buy Bitcoin
Price breaks trendline and volume is important Short AUDCHF