Hi Traders! EURUSD is an ascending triangle and is approaching its 2-month high at 1.07694. Price Action 📊 The price action looks bullish, with market swings showing higher highs and higher lows. The market has also been trading above the 20 EMA for over a week. We are looking for more bullish momentum for further continuation towards 1.07694. Fundamental...
Discover an enticing selling opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Thank you for reading this update. HNT looks to make new trending levels.
gold price is gaining momentum in anticipation of a further increase, with the Bull Flag pattern still in effect, giving hope to buyers. The 14-day Relative Strength Index (RSI) is approaching overbought levels, indicating the potential for more upward movement. The immediate resistance for the gold price is at $1,997, which corresponds to the five-month highs....
Update previous positions Long position After breaking the resistance at the price of 34818 Entry 35150 The loss limit is 34370 Risk Free 35925 Saving profit 36715 Profit limit 37645 ------------------------------------------------ Short position After breaking the important support at the price of 33590 Entry 33355 The loss limit is 34,000 Risk Free...
Today, I wanted to draw your attention to the recent performance of the SPX, which has been exhibiting a range-bound behavior over the past year. As we navigate through these uncertain times, it is crucial to stay vigilant and monitor the market closely. Over the last year, the SPX has shown a tendency to trade within a specific range, with price movements...
As gold breaks through key resistance levels, investors are closely monitoring the market for further signals of a bullish trend. However, it's important to stay informed about factors like geopolitical events, central bank decisions, and economic data, as they can significantly impact the gold market. Traders should exercise caution, practice risk management, and...
Hello,Friends! It makes sense for us to go long on USD/CAD right now from the support line below with the target of 1.375 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Analysis: Bullish Confluences Strong upwards trend Retest of a key support level Broadening ascending channel present Upwards trendline touch 3k long position decrease for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We...
Waiting for a retest of 163.837 to short CHFJPY back to key 4H low at 161.973 If you agree drop a like and if you have any questions leave a comment :)
USDJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USDJPY Entry Level - 148.00 Sl - 142.72 Tp - 146.62 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hi Traders! There is a potential failed bull flag opportunity on the GBJPY 1D chart. The flag looks like it has failed to continue the bullish momentum, and the price action now looks bearish. The market has broken below our 20 EMA, and the swings are getting lower with lower highs and lower lows. The pattern is turning into a bearish ascending channel. As long...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance "Golden zone" fib retracement area Downwards trendline touch The AUD is the 2nd weakest major currency whereas the USD is the 3rd strongest major currency 7K long position decrease for the AUD 6K short position increase for the AUD 1K short position decrease for the...
EURUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURUSD Entry Point - 1.0669 Stop Loss - 1.0611 Take Profit - 1.0779 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPJPY Entry - 182.91 Stop - 181.93 Take - 184.76 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear followers, I analysed this chart on USDJPY Set To Grow! BUY! and concluded the following: The market is trading on 147.63 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 147.87 About Used Indicators: A super-trend indicator is plotted on either above or below the...