AUDCHF LONG ENTRY IDEAExecute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
Forex-chart-analysis
GBPJPY LONG RISKY TRADE Execute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
GBPUSD H4 20 March 2024GBP/USD, H4 20 March 2024
The GBP/USD pair experienced a slight recovery from yesterday's lows but continued to exhibit
weakness against the dollar. The market's hawkish expectations reinforced the dollar's strength,
particularly in response to last week's robust U.S. Producer Price Index (PPI) reading. Investor focus now turns to the U.K.'s Consumer Price Index (CPI) reading, scheduled for release today, followed by the Federal Open Market Committee (FOMC) interest rate decision. Both sets of data are anticipated to significantly influence the price dynamics of the GBP/USD pair.
GBP/USD recorded a rebound but remains trading in a bearish trajectory. Suggesting that the pair remains trading with bearish momentum.
Resistance level: 1.2780, 1.2880📉
Support level: 1.2630, 1.2530📈
AUDUSD H4 18 March 2024AUD/USD, H4 18 March 2024
The AUD/USD pair faced significant pressure from the robust U.S. dollar and witnessed a sharp
decline in the previous session. However, the pair managed to find support ahead of the upcoming RBA interest rate decision scheduled for tomorrow (March 19th). With inflation in Australia remaining elevated, the market anticipates that the RBA will maintain its current interest rate level to mitigate inflationary pressures and prevent economic recession.
AUD/USD is consolidating at near 0.6560 levels, suggesting a potential trend reversal for the pair. Suggesting the pair's bearish momentum remains intact.
Resistance level: 0.6560, 0.6617📉
Support level: 0.6540, 0.6485📈