GBPUSD new key level updateGBPUSD new key level update with the current situation.
D1 Resistance 1.31337 | Support 1.20356
4H Resistance level 1.28286 | Support 1.26130
1H Resistance level 1.27910 | Support 1.26531
1H support and 1H resistance still no longer valid for entering the trade. Best support level for entering buy trade 1.25037 and 1.24471
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EurNzd could drop to 1.75 (500 pips)After the top near 1.85 in August, EurNzd dropped almost 1000 pips.
In October the pair started to recover, but failed to reach the previous high, instead found a strong ceiling at 1.82.
Since then, EurNzd tried multiple times to pass above this ceiling and dropped back to 1.8 each time.
1.8 acts as a very important psychological level but also as an important technical horizontal support.
A break of this support seems imminent and in such an instance, EurNzd could accelerate its decline to 1.75.
I'm bearish this pair and I'm looking to sell rallies for a good risk:reward.
CADAUD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity CADAUD
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EURUSD Analysis 23Oct2023EURUSD after penetrating the minor bullish area is currently correction. At present the price responds to trendline very well, with the price always forms a new lower high, by looking at some of these indications, the possibility of the price will be bullish in a fairly close time.
GBPUSD Analysis 23Oct2023GBPUSD After bullish forms a boss with a bullish minor break, there is a correction and today the price of breakouts is seen from the trendline, there is a high possibility that the price will be bullish this week with the analysis limit that the price does not fall back to the invalid area
XAUUSD BREAKDOWN FOR NEXT WEEK LONG Hello Traders, This the TVC:GOLD Breakdown from Weekly to daily to the 4H analysis, we find nice setups to enter for a long entry continuation as we noticed the OANDA:XAUUSD past two weeks analysis was in a strong bullish Momentum, so we stick at the bullish movement till it prove us the contrary so we have the Longs Entry Setups :
- Setup 1 : The Entry Price is on the actual higher low of the market structure + Imbalances on a 4H viewpoint and a nice price reduction of 79% in 1H
- Setup 2 : We have a Daily Order block Left + Imbalances + Some Liquidity above + Discounted price on a higer scale timeframe.
- Setup 3 : We have a Daily Order block Left + Daily Imbalances + a lot of Liquidity above + Discounted price on a higer scale timeframe.
Personnally i will look into the 2 Setups it make more sense to me and align with my trading plan, what about you which setup do you agree with it ?
DISCLAIMER: I am not a financial adviser. The Analysis on my channel are for educational purposes only
USDCAD DAILY BREAKDOWN FROM A HIGHER TIMEFRAME VIEWPOINT Hello Traders, This the Daily Breakdown for FX:USDCAD on The daily timeframe we already took the monthly and weekly analysis you can check it on #Related ideas what new on this daily analysis!
The daily analysis we find our Daily setup entry on a discounted o price with a clear P.O.I below the FVG " Fair value Gap " or IMB, that what we found and we also indentified the daily range and our next Target which is 1.3670. We gonna refine the OrderBlock on the 4H So stay Tuned For it!!
WTI CRUDE OIL OUTLOOK Good day, traders.
Today, we'll be looking at WTI crude oil. I anticipate a break of the 80.80 prior high and a return to the 80 zone, after which we will seek for bullish confirmations to place a buy order.
Keep in mind: No confirmation, no admission.
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Technical analysis for CADCHFGood day, traders.
We'll be keeping an eye on the CADCHF on a daily timescale for any potential breakouts and retests of the strong support zone at 0.6500 that might lead to the triggering of sell orders or rejection from the zone that could lead to the triggering of buy orders.
SILVER Analysis 30July2023With the formation of a new LL in the wave structure, it is certain that the possibility of greater bearish continuation. It is possible that currently a complex correction wave is formed to determine the wave (2) where Wave 2 is always a correction wave. If you want to do a short, you can do it when the price approaches LH
USDCAD Analysis 30July2023The possibility of a significant movement in the next few days for this pair. If you look a week ago this pair is more likely to accumulate with a structure like sideways. I am still sure that there is an opportunity to be limited to the SND D1 area below before this pair returns to bullish.
EURUSD Analysis 30July2023This pair is in a strong support area for closing last week. Where the price is stuck by trendline as support and trying to penetrate SR Flip. If the price goes down again the closest target is SND below. Meanwhile, if the price responds positively to trendline, then the price is likely to be bullish again with the QM area as a target