Freesignals
AUDCHF: Bearish Outlook Explained 🇦🇺🇨🇭
On the today's live stream, we discussed AUDCHF.
The pair broke a solid horizontal daily demand zone yesterday.
It turned into a supply area.
Taking into consideration that the market is under a strong bearish
pressure for 3 weeks, we may see a downward movement again.
Next support - 0.5875
❤️Please, support my work with like, thank you!❤️
Maker (mkr)Mkr usdt
Time frame 4 hours
Risk rewards ratio >5👈👈👈
First target 3.200 $
Second target 4.000 "$
Yellow box js more important erea to start pump . Green line is supported line that must be watched.
Also we can refer to two bottom pattern
Finally, this Yellow box is my entrance erea surely.
USDJPY Forecast for the WeekThe USD/JPY pair is experiencing volatility this week, driven by economic indicators and central bank sentiments. Initially pressured by lower-than-expected April inflation data, the US dollar saw potential for Fed policy easing, though Fed representatives have remained cautious. Weak preliminary Japanese GDP figures further contributed to uncertainty, potentially delaying Bank of Japan interest rate hikes. Technically, the pair is within a long-term ascending channel, with resistance at 156.25 and support at 153.12. Technical indicators suggest an uptrend continuation, but traders are closely monitoring central bank actions and key levels for further direction.
Resistance levels: 156.25, 159.37, 162.50.
Support levels: 153.12, 150.00.
Long positions can be opened above the 156.25 mark with targets of 159.37, 162.50 and stop-loss around 154.00.
Short positions should be opened below the level of 153.12 with the target of 150.00 and stop-loss around 155.20.
NZDUSD → Trade Analysis | SELL SetupI have two options here; bullish continuation from here or bearish break.. Potential BEARISH move
! Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Nifty 50 within the Channel. Trend Analysis for short term TradeNifty 50 is currently trading within a Channel. This analysis suggests a short-term or swing trade approach. As the market is currently trending downward, consider using Trend Continuation technic and Fibonacci Retracement for your trading strategy.
USDCAD: One More Pullback 🇺🇸🇨🇦
Last week, on Friday, I perfectly predicted a pullback from a key level on USDCAD.
Analysing a price action today, it feels like we gonna see one more.
After a false breakout of the underlined support, the price bounced
and formed a bullish imbalance.
It is an important sign of strength of the buyers.
I expect a pullback at least to 1.3669
❤️Please, support my work with like, thank you!❤️
GBPCAD: Bearish Wave Confirmed?! 🇬🇧🇨🇦
GBPCAD is trading in a long-term bearish trend.
After the last bearish wave, we see a correctional movement on a daily.
The price reached a key horizontal resistance cluster.
After the test of the underlined blue area,
the pair started to consolidate on a 4H time frame
and then it broke a support line of a rising wedge pattern.
It may indicate that the market returns to a global bearish trend.
I anticipate a bearish movement at least to 1.7028
❤️Please, support my work with like, thank you!❤️
EURAUD: Time to Buy?! 🇪🇺 🇦🇺
EURAUD tested a solid rising trend line on a daily time frame this morning.
After its test, the price formed an ascending triangle formation
and successfully violated its neckline.
I think that the pair may start growing now.
Initial target - 1.6483
❤️Please, support my work with like, thank you!❤️
AUDUSD: Is That a Trap?! 🇦🇺🇺🇸
AUDUSD reached a key horizontal resistance.
After an attempt to violate that, the price dropped
and broke a support line of a rising wedge pattern,
showing a sign of strength of the sellers.
I think that the violation was a trap.
The pair may drop now at least to 0.6433
❤️Please, support my work with like, thank you!❤️
GBPCAD: Strong Bearish Confirmation 🇬🇧🇨🇦
GBPCAD broke and closed below a key daily structure support on Friday.
The broken structure turned into a resistance.
Today, we see its retest.
The price formed a tiny horizontal range on that on an hourly time frame.
Its support violation is a strong intraday confirmation.
I already shorted the pair.
Goal - 1.6966
❤️Please, support my work with like, thank you!❤️