Gold prices attracted buying after a brief overnight corrective drop, finding support due to expectations of a 50 basis point rate cut by the Fed. This limits the attempted recovery of the US Dollar (USD) and supports the precious metal, although buyers seem reluctant to place aggressive bets ahead of key central bank events. Immediate resistance is at the...
Looking at this Eurusd chart, I see that the money pair is showing signs of continuing to move in the uptrend. The current price is trading around 1,11231, and there are a few important factors that we need to consider. Firstly, the yellow support area has been maintained very well, showing that the buyer still has the strength in maintaining the price in this...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1132, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.1103, a pullback support level. The stop loss will be at 1.1150, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Yesterday, EURUSD made a small down move to the mid of PZ, rallied higher but faltered and moved back to close near the lows. However it has opened and moved higher. DXY formed a bullish daily candle, probably due to the sell off in GBPUSD. DXY is now at 100.85; IMO, I do see further upside for DXY here; thus a possible move is for DXY to go to 101.2, to find...
EUR/USD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.1075 Why we like it: There is an overlap support that lines up with the 50% Fibonacci retracement. Stop loss: 1.1025 Why we like it: There is a pullback support level which aligns...
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against basket of other six major currencies, extends its losses for the 5th consecutive week in a row, hovering below 102 points during the U.S. regular hours on Monday, August 19. Over the past week, Gold spot (XAUUSD) has topped $2500 per ounce psychological high also, minting new all...
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Usdjpy 1:3 risk reward ratio done i share this idea in previous. i take a trade in this pair and booked some profit i didn't reccomend any to take my trade because if my analyze goes in my favour then people like and if my TRADE IDEA GO AGAINST then some people say - if you don't know hoe to trade then why you post it , that's why i'm not going to share any trade...
Welcome to our daily EURUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.11455 Wish you good luck in trading to you all!
Hello, Friends! It makes sense for us to go short on EUR/USD right now from the resistance line above with the target of 1.095 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
The dollar has been starting to movei downward , forming large bearish candles. Our current trade has been running low since last week. We're now adding to the position and scalping it down on any minor bullish bull backs . Let's see if we can reach the range low. I've previously shared a green box in my past posts to visually indicate the target area I'm aiming...
🔹 EURUSD Analysis on 1HR chart - The current Trend is BULLISH - there is Bearish divergences -Rising Wedge reversal pattern is form 🔹 Trade Plan - Entry Level = 0.67295 - Stop Loss = 1.11500 - TP1 = 1.11030 - TP2 = 1.10790 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1...
EURUSD The EUR/USD chart shows the price currently trading near the pivot line at 1.11293. The potential next direction suggests a bullish movement if the price successfully breaks and closes above the pivot line, aiming for the resistance level at 1.11947 and potentially higher towards 1.12403. If the price fails to break above the pivot line, it may retest...
Usdjpy trade Idea , i'm looking for long if price go up to the resistance level and retest as a support this is only trade idea. market isn't sure 100% as you know
On the daily timeframe, the EUR/USD price has reversed once again toward the resistance zone from the key highlighted level. Additionally, we see that on the daily timeframe, the price confirmed a bullish breakout from the bull flag pattern. This breakout has the potential to drive the price upward toward the next resistance level near 1.1245.
By analyzing the GBPUSD chart on the 4-hour timeframe, we can see that after a recent correction, the price has once again reached the significant supply zone we've marked on the chart. I expect to see a price correction from this area soon. Wait for a suitable trigger. (This analysis will be updated) Please support me with your likes and comments to motivate me...
EURUSD advanced to the 1.1140 level after breaching the descending channel’s upper bound as the dollar’s weakness intensified. EMA21 is widening the gap after golden-crossing EMA78, indicating an apparent bullish signal. If EURUSD holds above EMA21, the price could gain upward momentum toward the 1.1200 resistance. Conversely, if EURUSD fails to keep the...
17th September DXY: Ranging between 100.60 and 100.90 NZDUSD: Buy 0.6220 SL 25 TP 50 (Hesitation at 0.6245) AUDUSD: Buy 0.6740 SL 20 TP 40 GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (COUNTER TREND) EURUSD: Buy 1.1145 SL 20 TP 55 USDJPY: (IHS) Buy 141.55 SL 60 TP 180 Trend Following: Sell 140.10 SL 30 TP 70 USDCHF: Sell...