$YEN - Where to next? Well, we are coming into the end of yr but we still have opportunities we could get. Now be careful we will get end of year moves, portfolio adjustment etc. However, the way I trade I look at key support & resistance levels we have a very important zone of support: 136 half - 135 now break below that - BEARS come out shorter term. BUT If...
Price can move up. As you can see, price had a perfect reaction to daily bullish order block. Now I expect price upward at least till daily swing high and then after correction or consolidation move to demand zone. You can see previous analysis: 💡Wait for update! 🗓️19/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
This is my analysis of the Xauusd for this trading session - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - PLEASE NOTE 1- The analysis above for educational purposes only, I take no responsibility for your losses. 2- Please adjust your own lot-sizing according to your appetite. 3- If you...
In this update we review the recent price action in the Dollar Index and. identify the next high probability trading opportunity and price objectives to target
Daily: The upward Falling Wedge pattern is successfully broken and starts a short-term growth. We also see a very strong positive divergence . Upcoming targets: 105.650, 106.850 and 107.700 In the weekly time, a Pinbar candle has been formed, which can start a very strong upward trend. Hawkish Powell's words will also make the upward trend stronger. So...
In today's Trading Session, i might enter in Buy trade . If Stop level not touched i will keep looking for buying . I also Update here if Buy Executed, with Temp. OR Overall Stoploss . Do trade with Strict Risk Management If you are following this trade idea ...
AUDUSD H1 - Getting off the ground from last week now, bearish market open for the USD this week, gap has been seen, closed and continued here. Targeting previous highs initially.
The USD has found support as I expected with a very bullish doji candle. A weekly green candle will confirm the reversal and signal the USD continuing the trend higher. Expecting selling pressure in other more risky markets.
#XAUUSD is still making a movement to 1798 limits but there will be a little decline on price below, so let's take out a price below limits or market price, gold price trying to break 1800 again and hold its position.
rising wedge _+ Ascending Channel+ 100sma Already Broken Now Only Waiting For Horizontal Support Breakout For shorting Once gbp lost support Will Go For Short
Daily Time: As you can see in the chart, it has reacted negatively to the long-term downtrend line and sellers have become active. A strong negative divergence has also formed. It seems that in the short term, it will have a good correction and will touch the specified targets. Important : The market needs a short-term correction (at least 50%) to attract big...
Bounced From 100sma + Channel Suppoert area Now Breaking Falling Incase Of successful Breakout expecting Another Bulish Impulse For Selling WE Needs 100sma + Channel Breakout Once We Got Breakout Eur will Be ready For 150 to 200 Pips Bearish
Audusd Already Lost Rising Wedge Support + 100sma + Too ascending Channel Breakoiut and retest Has Already done Seems Like Audusd Is ready For Bearish Move
We expect a drop on EURUSD in the last active trading week. The movement has already started on Friday after the news. The first target we expect to reach is 1,0518. Further corrections are possible and the SL remains above 1,0735. Take profits and high volatility are possible at the end of the week.
Ascending Channel Has AlreAdy Broken If You Missed entry Now Can Enter On Ascending B wedge Breakout + 100 sma Breakout will Confirm Our Entry Incase Of Breakout Expecting 150 to 200 Pips Bearish Move
Time 4 H : It seems that the Rising wedge pattern that has been broken down, pulleback and can be entered into a selling position within the specified range. The weekly candle is closed as a DOJI (spinning top) , which is likely to cause a bearish shock and will be completely bearish next week. Considering the strengthening of the dollar index and 10-year...
What to look for in the coming days/weeks $DXY US #Dollar is @ major support Strong is good BUT not overly strong as it is now Allies not a fan of this #BRICS garnering steam
Since the 115 top at the end of September, the US Dollar index dropped hard with a more than 10% decline from the top to the recent 104 zone bottom. However, the last month's drop from 108 top is contained in a falling wedge which is a warning of reversal. Considering the long-term bullish trend for Usd and 104 very strong support on longer time frames I expect a...