EUR JPY TRADE SET UP EUR JPY Symmetrical Triangle break out.
Waiting for the retest of the recent high that was formed for a buy entry,
Forexpower
Usdcad going to bottom hit read the caption Usdcad strong sell over the last few hours in the US session, the price has rotated back to the downside and fell back below its key 200 day moving average at 1.3476. That tilt of the bias more to the downside. He would now take move back above that moving average to switch the bias in favor of the buyers. Absent that, the sellers are more in control with the 200- hour moving average at 1.34487, the next key target to get to and through.
Us dollar big dip Best sell zone read the caption Dxy downtrend
The US Dollar Index is slowly but surely advancing higher again with markets digesting the failed ceasefire plan that was put on the table by Hamas. The harsh rhetoric from Prime Minister Benjamin Netanyahu could mean some lingering US Dollar strength in the coming weeks. Meanwhile markets will be looking for next Republican state Caucus elections,
Btc wants to rise more than expected read the caption Btc buy expected
think we are most likely to see a bullish breakout above this triangle, which could send the price higher to reach the next resistance level at $47,507
If this breakout happens later today with a strongly bullish candlestick, it could be an interesting signal at which is enter a new long trade.
Eurusd high bullish uptrend expected read the caption breaches the 2024 bottom of 1.0723 (February 6), it may then set sail towards the November 2023 low of 1.0515 (November 1), followed by the weekly low of 1.0495 (October 13, 2023). This would be followed by the 2023 low of 1.0447 (October 3) and the round level of 1.0410.
The outlook for the pair is expected to turn bearish if it consistently surpasses the significant 200-day SMA at 1.0837
Nzdusd buy zone going up read the caption Our data shows traders are now net-short NZD/USD for the first time since Jan 16, 2024 when NZD/USD traded near 0.63. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.soon nzdusd buy
Xauusd make the record all time high 2200 read the caption Xauusd uptrend expected soon we see the all time high in gold history get advantage go with buy
Gold benefited from falling US yields and rose toward $2,200 on Tuesday. Economists at ANZ Bank analyze the yellow metal’s outlook.
Gbpusd buy zone get opportunity read the caption Gbpusd upside, 1.2652 (Fibonacci 23.6% retracement of the latest uptrend) aligns as immediate resistance before 1.2680 (20-day SMA, 50-day SMA) and 1.2710 (psychological level, 200-period SMA on the 4-hour chart).
1.2601 (static level, psychological level) could be seen as interim support before 1.2562 (200-day SMA). A daily close below the latter could attract technical sellers and open the door for another leg lower toward 1.2541 (Fibonacci 38.2% retracement) and 1.2501 (psychological level, static level).
Nzdusd lower more than expected read the caption nzdusd pair faces selling pressure while attempting to extend recovery above the immediate resistance of 0.6071 in the European session. The Kiwi asset has fallen on the back as the broader market mood is downbeat, and investors are rushing back to safe-haven assets.
Breaking news for buyers usdchf going up read the caption USDCHF is up for the 3rd day in a row and in doing so, the buyers are taking more control. More specifically, the price is moving above and away from the 38.3% of the move down from the September high. That level comes in at 0.86806 and in trading today, the price stayed above that level at session lows. That shows the buyers want to explore higher, and they have done that today.
Best zone sell for eurusd read the caption Eurusd sell chart the daily swing high around the 1.0760-1.0765 region seems to act as an immediate hurdle ahead of the 1.0800 mark and the 200-day SMA, currently pegged near the 1.0835- 1.0841 zone. That said, a sustained strength beyond the latter might trigger a short-covering rally and allow the EUR/USD pair to reclaim the 1.0910 round figure. Some follow-through buying will negate the negative outlook and shift the near-term bias in favour of bearish traders.
Gbpusd surely down read all info read the caption Gbpusd surely Fall soon down on the earth
the current short term trend to the upside. If the price were to break below the trendline, we can expect the sellers to pile in already to position for a break below the 1.24 handle and new lower lows. The buyers, on the other hand, should keep on leaning on the trendline to continue targeting the 1.25 resistance
Big spike coming in usdcad read the caption USDCAD 1 hour uptrend
On the 1 hour chart, we can see that the price is now right at the resistance. It will be interesting to see what happens here in the US session as a break above the level should see the rally extending to new highs while a strong rejection is likely to take us back to the 1.3850 level
Xauusd down and up more info read the caption From a technical standpoint, XAU/USD has slipped below its 50-day simple moving average after Monday's pullback, but has managed to hold above horizontal support at $2,007 For sentiment towards the precious metal to improve, this technical floor must hold; if it doesn’t, sellers could become emboldened to initiate an attack on $1,990. On further weakness, attention turns to $1,980
Btc flying up trader take buy read the caption Btcusd pair has remained in a tight range in the past few days. As a result, the Average True Range (ATR), one of the best measures of inflation, has drifted downwards, signaling that there is no volatility. The Awesome Oscillator has been stuck at the neutral point.
Therefore, the outlook for the pair is where the status quo remains in the near term. This means that it will remain in this range, with the key levels to watch being the support at 41,835 and the resistance at 43,903.
Audusd sell then big buy read the caption Audusd
We now see the price coming up to touch a small zone of likely resistance between $0.6530 and $0.6518. This looks very likely to be today’s pivotal point, so if the price can get established above this zone later today, it should have room to rise further. However, I see the better and more likely opportunity as being a short trade from a bearish reversal from this zone, so that is the trade I would really be looking for today.
There is nothing of high importance due today regarding either the AUD or the USD.
usdjpy toward to resistance breaking news for buyers Usdjpy buy here show the chart
It's no surprise to see the US dollar sizzling today after non-farm payrolls rose by 353,000 jobs compared to 1800,000 expected. It's the strongest month of jobs gains in a year and raises big doubts about whether the Federal Reserve will be cutting rates anytime soon.
USD/JPY is a big beneficiary, up 180 pips to 148.11 today. The pair had fallen every day this week until today but with the big gain, it's now higher than it
xagusd sell here opportunity read the caption the XAG/USD is to the downside.
Hence, some follow-through decline towards retesting sub-$22.00 levels, or a two-month low touched in January, looks like a distinct possibility. The downward trajectory could get extended further towards the $21.40-$21.25 intermediate support before the XAG/USD breaks below the $21.10 mark, towards the October swing low near the $20.60-$20.55 zone.
usdchf follow the yellow line read the caption usdchf
In the bigger picture, there is prospect of medium term bottoming at 0.8342 considering possible bullish convergence condition in W MACD, and the support from 0.8317 long term fibonacci support. Sustained trading above 55 D EMA (now at 0.8662) will affirm this case, and bring stronger rise back towards 0.9233 resistance, even as a corrective move.if you are ready to make profit follow that
Gbpusd big down trade more info read the caption The gbpusd
The BoE expects that inflation will hit its 2% target in the next few months when the cost of energy is considered. But it also expects inflation to bounce back again later this year. Gbpusd big sell
The next important GBP/USD news will come from the US, where the ISM will publish the latest non-manufacturing PMI report later today. Several Fed officials are expected to deliver statements this week
eurusd toward the downside read the caption the eurusd has just made a new 6-week low, but may have found some support, even if it is short term, at $1.0773.
I think the outlook is bearish due to the bearish technical and the resilience in the US Dollar which continues as Fed Chair Powell continues to talk down the prospect of an early rate cut.
I think the best opportunity today in this currency pair will likely be on the short side: either a breakdown once the price gets established below the lower trend line of the descending price channel or following a retracement to the resistance level at $1.0817 followed by a rejection of that level. The logical profit target is $1.0724.
Eth big dip coming my opinion is selle it read the caption any attempts at recovery will first encounter resistance at around $2,328, a level that now marks the lower boundary of what was a consolidation range before the drop. A close above this level on significant volume could signal a temporary respite from selling pressure. However, the real test lies at higher resistance levels, previously established around $2,510, where ETH struggled to maintain upward momentum
GBPUSD Next Buy opportunity 1.2337 | 1.2500GBPUSD Next Buy opportunity 1.2337 | 1.2500
Target will be Depends on entries. Each Trade
Wait for confirmation....................
4H Resistance level - 1.2870 and support level is 12502. Currently running with descending channel.
SL ( Set a uniform set of 15$ ) only for your reference and you can set it according with your free margin
