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Analysis for AUD/USD Read BelowBased on TA findings I am neutral on both bears and bulls as of now. With the EUR/USD major pumping up the ladder half of this week. Bringing major thoughts of question on whether the dollar is a stable as the FED claims. From all cross-references I am only finding bearish sentiment as of now on the daily and hourly chart timeframes. With a decent sized bearish engulfing candle formed on the daily side. I'm genuinely interested to see how things work out in the coming weeks. Will the bearish engulfing candle hang in there, or will the dollar become increasingly unstable and lead to a reversal in the near future? That is what I'm looking at as of now. This is very minimal analysis as of now, when I get me EMA's setup again ill do a follow up post when I started to see what price action does and if price movement can shift.
by TheR6
GBPCHF - 240 MINS TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Long
by Tradelikemee
BankNifty Future Analysis for 3rd August 2023BankNifty Future Analysis for Today 3rd August 2023 As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly. #IntradayLevels Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act. Follow Us For More #Updates in Future
NSE:BANKNIFTY1!
by MarkitVUE
Until the VIX breaks this level, it remains range-boundA quick look at our VIX chart shows us that we are range-bound since June. Exactly, as I expected and have stated numerous times in past posts. But now, with the U.S. credit rating downgrade, fear has spiked. Will we break this range and move up? We could, yes. But to do so, we need the VIX to move above that 15.94 level with confirmation. As of today, the VIX can still be technically classified as range-bound at all time 2-year lows. Of course, when the VIX remains low, the market will remain relatively positive. This is bullish. Stay tuned for further updates here. Stew
TVC:VIX
by stewdamus
Ascending Channel on XAU/USD @ D1This ascending channel has formed on the daily chart of the XAU/USD pair (Gold CFD) following a multi-month downtrend and now offers a bearish breakout opportunity. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The position of both lines is calculated based on the channel's width. The stop-loss is to be set to the high of the breakout candle (or to the high of the preceding candle if the breakout one is trading mostly outside the channel) - it isn't shown on this chart.
FOREXCOM:XAUUSDShort
by AndriyMoraru
Bullish Pennant on USD/JPY @ H4This chart shows a bullish pennant on the daily chart of the USD/JPY currency pair. It can be used as a trend continuation pattern in case of the price closing above the upper border of the pennant part. The pennant and its pole are shown with the yellow lines. My potential stop-loss level is marked with the red line (141.208), it is placed at the low of the pennant area. My potential take-profit level is marked with the green line (143.411), it is placed at the pole's length above the SL. I will wait for the price to close significantly above the upper border of the pennant area to execute a buy trade here.
Long
by AndriyMoraru