Pair Name = EURUSD Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Details:- EURUSD Price already moving above the main trend line. And Got a strong retesting from this Fib retracement level of 0.5 to 0.6. Now getting good volume. Price is gradually breaking the resistance levels. Our target Price will be around 1.12 to 1.13
Hello,Traders! GBP-USD broke the key Horizontal level of 1.3260 Following the FED's rate cut By 50bp and as we are Bullish biased we will Be expecting a further Local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
ECONOMICS:GBIRYY CPI Data (August/2024) 'UK Inflation Rate Steady at 2.2%' source: Office for National Statistics - Annual inflation rate ( ECONOMICS:GBIRYY ) in the UK steadied at 2.2% in August 2024, the same as in July, and in line with expectations. The largest upward contribution came from air fares while the biggest downward contributions came from...
I expect an aggressive drop on USDCAD into a very pivotal zone that will initiate the the start of a very long, swing buys. The ash rectangle is my zone or watch area. Ensure you blend with your concept and make good use of the info.
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.3120 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.3089 About Used Indicators: By the very nature of the...
Pair Name = EURUSD Timeframe = D1 Analysis = technical + fundamentals Trend = Bullish Details:- EURUSD is bullish over all. This is getting a good volume here as predicted. Now gradually buyers entries increasing. We can see target Around 1.14
As I write this, the GBP/USD pair has reversed course and is trading around 1.3081 during European hours, struggling to maintain its recent gains. The pound’s inability to hold above the key 1.3100 level follows the release of disappointing economic data from the UK, which has weighed heavily on Sterling ahead of the critical US Consumer Price Index (CPI)...
#GBPUSD 4H Timeframe..! Market expectations next week Get your entry with proper confirmation Trading idea only. Trade at your own risk
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial...
11th September DXY: Consolidating, should stay below 101.50, CPI Pending, break below trendline to trade down to 100.85, key support at 100.55 NZDUSD: Buy 0.6175 SL 20 TP 60 AUDUSD: Buy 0.6690 SL 30 TP 60 GBPUSD: Sell 1.3115 SL 20 TP 65 or Sell 1.3030 SL 20 TP 60 EURUSD: Could retrace to trendline and reject, Sell 1.1075 SL 20 TP 60 USDJPY: Sell 140.70...
Analysis of GBP/USD Today: Bulls Face Challenges UK labour market data was released today. According to Dow Jones Newswires: → Employment growth exceeded expectations, and unemployment benefit claims came in lower than forecast. ING analysts believe this supports the view that the Bank of England will cut interest rates more cautiously compared to the Federal...
Market Analysis: GBP/USD Recovers GBP/USD is attempting a fresh increase from the 1.3090 zone. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a recovery above the 1.3130 zone against the US Dollar. - There was a break above a key bearish trend line with resistance at 1.3120 on the hourly chart of GBP/USD at FXOpen. ...
Price broke parallel channel and is climbing up. If current local resistance at 1.3187 will be broken, the next interesting level is at 1.3230. It is fullfilment of harmonic Butterfly pattern and also resistance level that stopped the price few times in the past. So possible short-term reaction there. Trade carefully! Tomorrow is NFP.
The GBP/USD pair has recently turned bearish after reaching a significant Supply area around 1.3228. This level, clearly visible on the weekly chart, has proven to be a formidable resistance, halting the pair's upward momentum and reversing its course. As of today, GBP/USD is trading around 1.3125, marking a notable decline from the previous highs. Weekly Chart...
Hello,Traders! GBP-USD has made a retest Of the horizontal support Level of 1.3108 from where We are already seeing a bullish Reaction so as we are bullish Biased we will be anticipating A local bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Elliott Wave Count: Wave 1-3: The impulsive movement upwards is clear, with Wave 3 being the most extended. Wave 4: A corrective phase, consolidating near the support level around 1.31000. Wave 5 (Projected): The anticipated upward move, targeting the 1.34024 resistance level, which marks a key zone for the completion of the Elliott Wave cycle. Key...
its sell. and sell and sell. you want to find sell positions. that might be possibile for short with 1/20 R/R. any idea?
If this level is closed with a large candle, enter the sell position