Get started

Forex-free-signals

Usdjpy dropping level read the caption In the bigger picture, correction from 151.81 (2023) high could have completed at 140.25 already. Rise from 127.20 (2023 low), as part of the long term up trend, is probably ready to resume. Decisive break of 151.93 resistance (2022 high) will confirm this bullish case. Next medium term target will be 61.8% projection of 127.22 to 151.88 from 140.22 at 155.21 This will remain the favored case as long as 146.46 support holds, in case of another pullback.
Short
by Mrsam36
Btc confirm analysis read the caption Btc The technical picture now is more bearish as the decline from the 20-month high reached two weeks ago has continued, with the price trading above the big round number at $40,000 and breaking above some resistance levels which have now likely flipped to become resistance. Despite this bearishness, over the past couple of days the price has firmed up and established a couple of higher lows and support levels. However, the price chart below shows that the price is well within a bearish price channel, although the lack of symmetry in the channel suggests that it may not be very reliable. Nevertheless, there is a confluence of the upper trend line of this channel with a zone of resistance stretching from $40,423 to $40,667. This looks likely to be a great place to enter a short trade if we get a bearish reversal rejecting that area.
BITSTAMP:BTCUSDLong
by Mrsam36
Eurusd expected move read the caption Eurusd relatively volatile after the latest flash manufacturing and services PMI numbers from the US and Europe. It initially jumped to a high of 1.08980 and then pulled back as traders wait for the upcoming ECB decision and US economic data. The latest numbers by S&P Global showed that European manufacturing sector continued to contract in January as companies complained about inflation and supply chain issues. In Europe, the manufacturing PMI rose to 46.5, better than the expected 44.7. Despite the improvement, it remained below 51, meaning that the contraction phase continued.
Long
by Mrsam36
Usoil follow the trendline read the caption It has been an unpleasant month for oil traders. Crude oil has risen $3 this month but it's been a rough road getting there with repeated whipsaws intraday and extreme choppiness in trading. Headlines about the Red Sea have been faded over and over again despite bullish implications and fears of an OPEC breakdown remain high. However when you back it out, the chart starts to look promising. A series of higher lows began on December 14 and oil is now trading at a five-week high. If $76.16 breaks, it will be an six-week high.
TVC:USOILLong
by Mrsam36
Gold struggle to selling read the caption Gold has bullish it's a good opportunity as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
OANDA:XAUUSDShort
by Mrsam36
Dow Jones ready to fly read the caption US stocks climbed broadly higher on Monday, etching in fresh all-time highs as last week’s late break into record prices carried over into the new trading week, with tech stocks leading the way higher and sending the Dow Jones Industrial Average (DJIA) over the $38,500.00 valuation for the first time ever. Dow Jones ready to bullish trend The Standard & Poor’s (S&P) 500 major equity index continues its march towards $5,000.00, ending Monday at $4,800.43 after hitting a new record high of $4,880.05 as investors continue to pile into stock bets.
BLACKBULL:US30Long
by Mrsam36
QUICK UPDATE ON EURUSD: YOU ONLY NEED TO SELL IT.Zoom to see, please . Chart analysis: H1 timeframe. There is a confluence right now in the eurusd chart: the price has retraced to the trendline after breaking it, and it has rejected the horizontal and sloppy trendlines at the same time. The present candle has formed a bearish pin bar. It is a sell time. Our first profit target will be 1. 05961. Trade like a pro; don't trade like a newbie. The arrow drawn is indicating the confluence point in the chart.
Short
by OraclePips
EU BIAS: SHORT, BUT BE PATIENT. DON'T RUSH!Hello there, my fellow traders, Zoom It To See Clearly . Yeah, the wedge has been broken, but the price is still above the support and resistance zone. What next? What should you do now? The simple answer is waiting, meaning you have to exercise patience here to see if the price will break and close below this zone and the 1.0583 level before looking for a sell signal. Don't rush. Fact: the market may experience a short-term pullback before resuming the downward movement. So, just wait to see that the price closes below the zone before selling. If It breaks and closes below it, then look for a selling opportunity in the small timeframe.
Short
by OraclePips
GU BIAS: IT'S A SELL COUNTINUATIONHello there, What is happening today in the cable market? Nothing much! It's just that, currently, the cable is selling strong. In the H4 timeframe, we have seen that the price has pulled back, respecting and rejecting the 23.6 fib level. If the current candle closes to form a bearish engulfing candlestick pattern, then we are good to sell It right away. Why should you sell the cable now? The strong trendline has been broken and the price is now below the 50 and 20 moving averages. This shows us that the momentum is in favor of the bears. Stop loss: 1.2238 First Take profit: 1.2138 Second take profit: 1.1942 Entry: market Shalom.
Short
by OraclePips
1
GBPUSD BIAS: GO LONG: DON'T SHORT ITAre you shorting the cable? No. No. No! Don't! Why? It's because the cable is strongly bullish. The bulls are in control of the market. Remember, the trend is your friend. Don't go against the trend, dear trader. This analysis is from the H4 timeframe. Currently, the resistance level has been broken and retested, and the price is heading to the level of 1.24071. The probability of the price breaking this level to continue going up this week is 75%.
Long
by OraclePips
Wheat Futures potential for short! | 25th March 2022Prices have recently broken out of our ascending trendline support. We see the potential for a short from our sell entry at 1102.34 in line with 61.8% Fibonacci projection towards our Take Profit at 1095.71 in line with 78.6% Fibonacci Retracement. Ichimoku is supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:WHEATFShort
by Rockqet
GBPJPY (British Pound/Japanese Yen) Currencies Analysis 09/05/21here is our Previous Analysis and Markey Tracking of the Currency Pair: Fundamental Analysis: The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Dollar (the base currency). It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists in buying a high yielding currency and funding it with a low yielding currency, similar to the adage "buy low, sell high." ASSETS THAT INFLUENCE GBP/JPY THE MOST The GBP/JPY pair can also be impacted by: Currencies: USD and EUR. This group also includes the following currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD and EUR/JPY. Commodities: Oil. Bonds: Gilt (debt securities issued by the Bank of England), GJGB10 (Japan Generic Govt 10Y Yield) and T-Note (Treasury Note, a marketable U.S. government debt security). Indices: FTSE 100 (share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization), Nikkei 225 (stock market index for the Tokyo Stock Exchange), Dow Jones (DJIA, Dow Jones Industrial Average, an index that shows how 30 large publicly owned companies based in the United States have traded during a standard trading session in the stock market). ORGANIZATIONS, PEOPLE AND ECONOMIC DATA THAT INFLUENCE GBP/JPY The organizations and people that affect the most the moves of the GBP/JPY pair are: Bank of England, known to be one of the most effective central banks in the world. It acts as the government's bank and the lender of last resort. It issues currency and oversees monetary policy (including interest rates). Bank of Japan that issues statements and decides on the interest rates of the country. The BoJ has been applying very low interest rates for many years and even introduced a negative interest rate in January 2016, in an attempt lift consumer prices, which have been sliding for most of the past 20 years. UK Government and its Prime Minister, Boris Johnson who took office in July 2019, after British citizens voted for the withdrawal of the UK from the European Union (Brexit). Japanese Government and its Prime Minister Yoshihide Suga, elected in September 2020 to replace the outgoing leader Shinzo Abe, Japan's longest-serving Prime Minister. UK GDP (Gross Domestic Product), the total market value of all final goods and services produced in a country. It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the GBP, while a low reading is negative. Technical analysis: As you can see in Daily chart, GBPJPY show Hidden Bullish Divergence With MACD. the price have range Bounded between 148.50 and 153.50 for about two months Now. the currency pair is consolidating and Reaccumulating above Fibonacci golden zone, we Believe that GBPJPY might breakout the the resistance area level, in order to get ready and to shoot for TP1 ( 155.13) and ultimately higher targets levels, which are specified by Fibonacci Projection. as the market have not done any correction for a while which may lead to some temporary Retracement in the other scenario it is better to monitor the pair for a while and get ready for the break out for any Position Taking.
Long
by BitonGroup
8