Fighting inflation is hard. Hence, central banks are data dependent while calibrating rates. Continuing geopolitical conflicts puts Europe at risk of inflation relapse. Headline numbers can be misleading. Central bankers will dig deep. Deeper analysis will compel investors and policy makers to rethink and recalibrate interest rate calculus. This paper unpacks...
It could go down to points of 1.08773. If it brakes this floor it could go to areas of 1.08102. If it fails to brake the minimum of 1.08773, it could enter an uptrend to look for movement 3 of the Elliot wave until 1.10016 minimum (100% fibo point of the previous inverse wave), being able to continue rising until the point 1.1039. (127% fibo point), to continue...
1H - The hourly timeframe is in a short context, and we have repeatedly confirmed the order flow. I consider the SSL as the invalidation point for the entire process. Until the target is reached, I plan to consider exclusively short positions, provided the short trend continues.
Hi Traders, EURUSD Very Bullish heading towards the 1.1500, as per my analysis its in the Swing ABC pattern expecting the below prices. SL: 1.0913 E: 1.1019 TP1: 1.1288 TP2: 1.1444 Note: This analysis is for strictly education purpose only. Disclaimer: Trading Risk is the subject to market conditions. Trade safe with proper Risk Management. Happy Trading.
EUR/USD Pauses in Holiday Hush: Technical Analysis Points to Bullish Continuation As the last week of 2023 unfolds, the EUR/USD pair finds itself meandering within a narrow range during the early European session on Wednesday. The subdued market activity is characteristic of the holiday season, contributing to a quiet trading session. Currently hovering near...
continue to consider short positions for the pound, aiming for a continuation of the movement. The only entry point at the moment is working from the Asia high.
EURNZD looks like a clear indicator on the daily for a nice day trade/swing trade set up. It has bullish momentum potential since the supporting trendline indicates a set up for a swing upward for the next few weeks. Please look below for a full breakdown analysis of EURNZD and any pairs you may request for us to analyze. Thank you!
#EURUSD Euro, unlike the pound, is still in a long context. In Frankfurt, we got an imbalance break below. As long as we are above SSL, I will only consider long positions. The main target for the day is PDH.
Hi Traders! EURUSD continues its bearish outlook as the market is now in a descending channel. Here are the details: After the double top on the higher timeframe idea (see link below), the market looks to have run out of steam to break the resistance level, which provides additional opportunities for short entries to target the support level at 1.08860. We are...
USDJPY went up as I predicted. Here are the important key structures to watch. Vertical Structures Vertical Resistance 1: Falling trend line Vertical Support 1: Falling trend line Horizontal Structures Support 1: 140.9 - 141.9 area Support 2: 137.2 - 138.1 area Resistance 1: 146.2 - 146.8 area Resistance 2: 148.2 - 148.6 area Resistance 3: 149.6 - 150.4...
#GBPUSD On the pound, we have a less clear situation, with liquidity raids from both sides, while still in a long context on the hourly timeframe despite the strength of the correctional movement. With such data, I step away from the chart of the traded asset to gather more information.
USDCAD reached a key horizontal daily support. The market became quite oversold, forming a falling wedge pattern on an hourly time frame. The resistance of the wedge was broken after the market opening. We can anticipate a pullback now to 1.340 / 1.342 ❤️Please, support my work with like, thank you!❤️
Hello, everyone! Weekly review of the gold-dollar pair from higher timeframe to lower: 1D - Daily timeframe, we are in a short context after updating the historical maximum. After that, we confirmed the short context. At the moment, we have an interesting situation as there is a raid against a raid in still a short context. In such moments, I prefer to gather...
1H - Confirmed short context on the main timeframe. Primarily, I would like to see the removal of the SSL with further targets above, as we have an obvious compression left without any significant interaction.
Setup looking good for momentum outbreak. Once near term resistance level 137.826 being broken, likely to surge towards 146.69 level base on 1:1 wave. Duration towards short term. DYODD!
AUDUSD is currently rejecting its main resistance point on this higher low from the daily perspective. Clearly a downtrend is the next move from here with pressure sells happening. Below are the SL, TP, and entry for AUDUSD. Please use proper risk management. AUDUSD Sell/Short Entry: 0.66149 Take Profits: TP 1: 0.65116 TP 2: 0.62191 SL: 0.66878 2-5% risk capital.
EURJPY is a risky trade you can take with small risk (strongly recommended) until it breaks below support (potential pump fake out) please enter in with PROPER risk management and wait until further confirmations. EURJPY Sell/Short ENTRY: 163.882 TP: 160.494 SL: 164.668 2-5% risk capital.
EURCAD looks like it has faced rejection and is making its way on downward trend from this reversal. Sell pressures seem strong and the trend on the daily shows it will continue to fall from here. Please enter this trade with proper risk. EURCAD Sell/Short ENTRY: 1.49120 TAKE PROFITS: TP 1: 1.44637 SL: 1.49782 MONSTER SWING TRADE 2-5% risk capital.