By analyzing the GBPUSD chart on the 4-hour timeframe, we can see that after a recent correction, the price has once again reached the significant supply zone we've marked on the chart. I expect to see a price correction from this area soon. Wait for a suitable trigger. (This analysis will be updated) Please support me with your likes and comments to motivate me...
17th September DXY: Ranging between 100.60 and 100.90 NZDUSD: Buy 0.6220 SL 25 TP 50 (Hesitation at 0.6245) AUDUSD: Buy 0.6740 SL 20 TP 40 GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (COUNTER TREND) EURUSD: Buy 1.1145 SL 20 TP 55 USDJPY: (IHS) Buy 141.55 SL 60 TP 180 Trend Following: Sell 140.10 SL 30 TP 70 USDCHF: Sell...
The DXY looks like it could start to break down below 100. If we get a weekly close below the grey box I think we see stocks and crypto perform very well. FED interest rate decision coming up as well this week with markets expecting a cut in rates, combined with DXY breaking down, would be cause for a strong move up in markets. We could however, see a hard landing...
Pairs on Watch - AUDNZD XAGUSD GBPJPY AUDJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Hello traders, I have observing a potential manipulation zone in the S&P 500. This suggests that the price might be artificially influenced, potentially leading to a rejection from this level. Waiting for the New York time zone for confirmation is a smart move. Here's why: * **Manipulation Zones:** These are areas where large players (institutions, hedge...
✅DXY fell down sharply But a strong support level was hit at 100.509 Thus as a rebound is already happening A move up towards the target at 100.900 shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
USDX price is near the important support zone 100.68 - 99.89. If the price cannot break through the 99.89 level, it is expected that the price will rebound. Consider buying the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never...
Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 100.905 Wish you good luck in trading to you all!
This Wednesday is the next Interest Rate decision by the Federal Reserve. This time last September the rate got raised to 5.5% & since then rates have not been lowered at all. Markets have been pricing in a rate cut down to 5.25% this week, for the first time in the past 1 year. If the Federal Reserve don't lower rates as expected, expect some serious market...
DXY is potentially creating a triple bottom with 4HR bullish divergence. Currently around 100.3, if support is lost here, the next support zone is around 99 - 99.6. Volatility can be expected this week due to the Fed's rate decision.
Considering how bullish the weekly candle has closed, I do not believe that Gold has topped yet. I think Wave III is close to completion, meaning we’re waiting on the following according to my EW strategy👇🏻 1. Wave IV correction (A,B,C Sub-Wave) 2. Wave V (W,X,Y Sub-Wave) as the final bullish leg UP! We should see Gold buyers temporarily top between $2,608 -...
This week for gold, we are building on the overall outcome of last week's price action, which was a new all-time high—a move we’ve been anticipating for the past few weeks. Price action remains clearly bullish and continues to maintain its upward bias across both higher and lower timeframes. With this in mind, we need to wait for a clear high to form within the...
In todays session we are monitoring EURUSD for selling positions. Our first entry is at current price 1.1120 , targets below 1.10480 and stops above the 1.1140 level. Use proper risk management.
16th September DXY: Look to trade slightly lower to 100.55 support, should stay below 101 to maintain bearish NZDUSD: Sell 0.6150 SL 15 TP 75 (Hesitation at 0.6110) AUDUSD: Sell 0.67 SL 30 TP 60 GBPUSD: Buy 1.32 SL 20 TP 60 EURUSD: Buy 1.1145 SL 20 TP 55 USDJPY: Sell 139 SL 50 TP 100 USDCHF: Sell 0.8430 SL 40 TP 80 (Hesitation at 0.84) USDCAD: Sell...
Pairs on Watch - AUDNZD EURNZD EURUSD DE40 A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Pair Name = Gold Timeframe = H4 Analysis = technical + fundamentals Please see the Above chart To see The Gold Next Moves. We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path. Currently We Can see between two strong support and Resistance levels. As we can see at chart 2590 Gold Price level and...
As Gold approaches the 2600 level, I'm anticipating some volatility around this resistance level before a continuation higher. FED cutting rates this week could push gold higher, especially if we see the DXY lose ground. However, volatility is could be high, with choppy price action around this resistance level. Look for short term upside scalps or to buy on...
Please, check our technical outlook for DXY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 100.844. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 101.825 level. P.S We determine...