hello guys... do you think usd dollar will become weak? I think the price is on QML now and it will do some corrections! however, it is not a strong Quasimodo pattern due to the head location! so the price will start an upward movement until the MPL level! MPL level will make the price some (just a little) correction and then the price will go to 1.27$ level...
Hi folks today I'm prepared for you Swiss Franc analytics. A few days ago price made a correction movement, after which turned around and made an impulse up to the support level, which coincided with the support zone and soon broke this level. After this, CHF made a retest and started to trades inside consolidation, where it some time traded near the 0.9000 level...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.
📈💼 DXY Update! 💼📉 Hey there, traders! 🌟 The dollar index, DXY, is in the spotlight once again! 🚀 Currently, it's cozying up to a crucial support trendline after some recent rollercoaster rides. 🎢 This area has become a hot topic, especially after a quick dip and an even quicker recovery. 🔄 But hold your horses, we're not out of the woods yet! 🌳 The upper...
The EUR/USD 1-hour chart shows a clear pattern of bullish movements, marked by three distinct legs of upward momentum. Each leg is followed by a pullback, indicating a consistent pattern of price corrections after bullish advances. Given this recurring behavior, it is likely that EUR/USD will experience another pullback similar to the previous movements. For the...
Trend line could be used as liquidity hunt, We expect a reversal from somewhere between the today and yesterday pivot point.
Hi folks today I'm prepared for you Gold analytics. A few moments ago price reached support 2, which coincided with the support zone and some time trades in this area, after which broke support 2. After this price started to grow inside the triangle, where it rebounded from the trend line and made a strong impulse up to the resistance level, which coincided with...
Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see that the price a not long time ago started to trades inside a downward wedge, where it rebounded from the support line and rose to the resistance line, coinciding with the resistance level with the seller zone. After this move, GBP turned around and in a short...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60400 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, above is a technical overview on GBPUSD and the most important demand zone to watch, GBPUSD was trading in a downtrend but successfully managed to break it out following the recent soft CPI data, so in today's trading session our direction have changed and we will be mostly focusing on potential upsides. the first zone we will be watching is 1.26300...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66250 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66250 support and resistance area. Trade safe, Joe.
The U.S. Dollar Index (DXY) hit both Targets that we set on our January 24 analysis (see chart below): Yet again, a new buy opportunity is emerging as the price not only hit the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Support Zone but also the bottom of the (dotted) Channel Up, which is essentially the Bullish Leg of the 1-year Channel...
The EURUSD pair hit the top (Lower Highs trend-line) of the 5-month Channel Down and got immediately rejected. This pull-back is most likely the start of the new Bearish Leg on its way for a Lower Low at the bottom of the pattern. Technically, we are on almost perfect symmetry with the previous Leg, which formed a Lower High after a 4H Golden Cross. When the 4H...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
This is my suggested path for EURUSD for short-term trading It might be expired or invalidated first a bullish move to 1.0874. Then we'll wait for a retrace again to yesterday's pivot, a little over the monthly pivot which is around 1.0859 and a final upward move is waiting for us there to tp of 1.0887 Remember that the numbers are not necessarily precise they...
The rebound we expected on NZDUSD came a little later than we expected two months ago (March 22, see chart below) but nonetheless it is being delivered now and the price is now very close to our medium-term target: Since we observe though a shift on the Lower Highs trend-line of the long-term Channel Down, we decide to push the Target higher to 0.62600, which...
Dollar Index may keep falling from a key daily horizontal resistance. I see a bearish confirmation on an hourly time frame - a bearish breakout of a minor rising trend line. Goal - 104.015 ❤️Please, support my work with like, thank you!❤️