Analysis xauusd: Due to the failure of the downtrend and the strength of the sellers, I expect another downward movement and reaching the set targets. . . price: 1814.60 sl: 1825.00 tp: 1804.00 tp2:1790.00 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 3/8/2023
👩🏽💻Technical: The current trend in the market is bearish, and it's moving within a defined channel. Nevertheless, this setup is demanding a pullback. Without it, it's likely that your stop loss will be hit if you enter the market now. 🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving...
DXY completing an ABCD harmonic pattern and starting a correction to lower levels.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD got rejection from golden zone. It exactly moved According our Analysis and we cashed it. Now here it has Maximum chances we can see again here a good Bullish wave to price level 1830 to 1840. Keep in touch we will update further soon.
On Hourly time frames pair is going to test it's important Support area around 136.700-136.950 which can be a good opportunity to enter for long; EP: 136.827 SL: 135.408 TP: 138.847 RRR: 1.8
GBPNZD Long long Idea The pair has tested the trend line both on Hourly and daily tfs and bouncing exactly from the trend line as well as RSI and other indicators are reflecting an expected bounce. EP: Current Price SL:1.91400 TP1: 1.94434 RRR: 2.32
The chart is reflecting a short term recovery in a falling wedge. It took support from a critical level and might retest the trend line giving a quick opportunity to go long. GBPUSD Long idea EP: Current SL: 1.19214 TP: 1.20593 RRR: 1
Hey Guys, So As you can see from the chart, the price right now is in a resistance zone. And we are likely to see a significant drop in price to the next zone, which represents the support zone.
EURGBP Short Idea The pair has failed third time on daily TFs to break the previous HH and made third HL in a row. The move is rejected from trend line both on Hourly and daily tfs. EP: 0.88663 SL: 0.89008 TP: 0.88287 RRR: 1.13
#NZDCAD D1 #FOREX In this currency pair, in the daily time, we see the formation of an ascending flag pattern, which, when the price exits the descending channel, we will probably see a great growth in the price in the long term, and it is a good signal for a long-term entry. Analysis will be updated...
As described yesterday, EUR/USD is dropped inside the bearish channel after the breakout of the bearish flag and retests the 50% FIBO Area following the main trend. The ISOFOREX Indicator continues to be in a downtrend, and we are looking for a bearish continuation. Follows some fundamental news in accord with our forecast. The Powell-led EUR/USD drop yesterday...
UOB Group's Economist Lee Sue Ann and Markets Strategist Quek Ser Leang believe that the AUD/USD may experience further declines in the coming weeks. In the short term, they expected the AUD to weaken but were surprised when it dropped significantly lower than anticipated. They predict that the AUD may drop to 0.6550 before stabilizing, and any rebound is likely...
You can see all possible scenarios and important levels and zones on the gold chart. Please pay attention to the details! As you can see, the first scenario (that I follow) is, the gold price has a bullish reaction to the daily demand zone and rises to the supply zone. We can define targets for the first scenario as follow: 1858 1870 1878 1890 1900 1910 On...
Hey there! So, let me break down what's been happening with the GBP/USD pair in a more friendly way. Basically, the exchange rate had a big drop and hit a low point near 1.1825, which was pretty scary for investors. This was partly because the head of the Federal Reserve, Mr. Powell, made some comments about interest rates that worried people. Since then, things...
Analysis xauusd: Considering the formation of an upward trend, I expect the price to move towards the set targets . . price: 1839.40 sl: 1828.00 tp: 1856.00 tp2:1877.00 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 3/7/2023
Hey everyone, In our previous analysis price failed to give us the sharp impulse and retest/correction we were expecting after the break but instead price took the break out and rejected back into the patterns. Now we are approving the 3rd touch confirmation of the structure where we need to see patterns only or rejection candle formation. WHAT ARE WE...
GOLD The price perfectly fulfills my last idea. The price dropped after forming double top . The gold market is at strong support level. I think if the market forms a double bottom the price might make short term pullback. The market losing its bearish momentum and the price created doji candle at support level . After impusle move the market may form a...
NZDCAD buy Entry : 0.83850 Stop : 0.83380 , Target1 : 0.84380 , Target2 : 0.84790 Risk/Reward Ratio : 2