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Forextradingzones

GBPCAD SHORTS ✅✅✅On into the next week i expect GCAD to drop, price just took out liquidit above buy side liquidity (BSL) equal highs+weekly highs and closed bearish below, we have multiple bullish imbalance that price will try to close next week. For a better entry wait for a high momentum bearish candlestick on h4/d1, also what supports this idea is the correlation between usoil and cad i hope we will see a small retracement on usoil on monday so that means bullish CAD and our chart BEARISH. Comment below what you think about.
Short
by AnonimFXRO
1
GBPUSD Swing Trade 5R+This trade wasn't intended to be a swing trade, but I had a profit target I calculated that price would reach, so I held the trade and waited for the target while trailing my stop behind to keep me safe. I took the entry off the 70.5% Fibonacci level and rode price action down as it broke for new lows over the past 2 days. I took this trade on Wednesday 24 November and today 2 days later it hits the final profit target before the markets close for the weekend. Overall a very good trade with great profit management
Short
by tjbate
2
NAS100 WITH AYANDANXUNALO_SAI am currently looking at selling nas100 we will be Selling NASDAQ once it retests my trendline forming a lower high after that low it has printed... As we know nas100 goes in correlation with Dollar index , the dxy is currently at a very significant area where it has just retested our up trending Resistance and we are expecting it to drop... Once the Dollar Index Drops then we will be looking at selling nas100 and almost all pairs with the Dollar as Base Currency How Ever we will be reactive and not predictive towards this trade
FX:NAS100Short
by FX-ICONs
1
EUR/USD Analysis and market prediction Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The EUR/USD rebounded from a new cycle low and recovered to 1.1461 before soon falling back below 1.1450. The couple is ready to end the week under duress, unable to make a powerful comeback. The euro is likely to reach its lowest weekly closing against the US dollar since July 2020. It is still under pressure, and the recent rally was viewed as an opportunity for traders to sell EUR/USD. It seems like the market is trending in a downward channel pattern with no signs of a breakout yet. Possible Scenario for the market : The market is trading at 1.14470 with a strong Bearish momentum in a downward channel and it is expected to drop even lower next week, reaching the first support line located at 1.14080 where we might see the Bulls trying to take back control in hopes of driving the market back up. in case the bulls couldn't take control we could be seeing a further drop that will reach the 1.13240 level. Technical Analysis shows : 1) The market is below the 5 10 20 50 100 and 200 MA and EMA (Strong Bearish sign) 2) The MACD is below the 0 line indicating a Bearish market with a negative crossover between the MACD line and the Signal line. 3) The RSI is at 34.40 showing weakness in the market and getting closer to the oversold zone. Support & Resistance points : support Resistance 1) 1.14080 1) 1.16170 2) 1.13240 2) 1.17220 3) 1.11769 3) 1.18310 Fundamental point of view : Economic data in the US showed the US University of Michigan Consumer Sentiment index dropped unexpectedly to the lowest level in 10 years at 66.8 against expectations of an increase to 72.4. “US consumer confidence is being threatened by the rising cost of living. Thankfully the relationship between spending and sentiment has been weak for a number of years and the strong underlying economic position means spending will continue to grow. Meanwhile, people continue to quit their jobs in record numbers as pay rates rise, The numbers triggered a decline in US yields and weighed on the greenback. The US Dollar Index turned negative for the day, retreating from one-year highs. The EUR/USD failed to benefit strongly from the weaker greenback, and it remains near weekly lows, showing that the bearish pressure persists This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
Short
by GabiDahduh
EURUSD Bullish Correctionafter EURUSD experienced an impulsive bearish move. I predict that EURUSD will make a bullish correction. Because according to the Fibbonaci measurements that I did. Currently the price has touched a crucial area, namely the three golden fibbonaci areas meet each other and form a cluster. I also saw on the stochastic indicator, the price has been moving in the "oversold" area for a long time, so there is a possibility that it is time for the price to get out of the "oversold" area and starts make bullish correction movement. I predict the price will move up between 1.14888 to 1.15136 using the previous resistance reference. Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
by ivanderyoshua