GBP/JPY is reacting off the support level which is a pullback support that lines up with the 61.8% Fibonacci projection and could rise from this level to our take profit. Entry: 191.76 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci projection. Stop loss: 190.05 Why we like it; There is a pullback support level that is...
GBP/JPY is reacting off the pivot which has been identified as a pullback support and could rise to the pullback resistance. Pivot: 191.70 1st Support: 189.72 1st Resistance: 195.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
GBP/CHF is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which acts as an overlap resistance. Pivot: 1.12270 1st Support: 1.11461 1st Resistance: 1.13144 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
This is Part 1 of the Weekly Forex Forecast JuLY 22 - 26th In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do...
Tight BOE 5-4 Vote on Rate Cut Hinges on Bailey's Decision A Reuters survey indicates that most economists anticipate the Bank of England (BOE) reducing interest rates at its August meeting. The poll revealed that over 80% of respondents expect a rate cut. We could see a close decision by the Monetary Policy Committee (MPC), with a 5-4 split in favor of a rate...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPUSD has been overall bullish, trading within the rising channel marked in green. Currently, GBPUSD is undergoing a correction phase. Moreover, it is retesting massive demand zone in blue. 🏹 Thus, the highlighted green circle is a strong area to look for trend-following...
in our last analysis We were expecting a big rally for GBP/AUD. Since then the price moved in our favor and made over +750 pip for us. Despite weaker CPI data for AUD, we are now looking for a correction in the 1.98 zone. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team...
waiting for further proof on where price would like to go to next and it looks like the entire market is doing the same. The dollar does not have a clear sense of direction so i feel that any trade should be taken with caution for sure.
GBP/USD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.2883 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.2926 Why we like it: There is a pullback resistance...
The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
The Cable (GBP/USD) is rising towards the pivot which as has been identified as an overlap resistance and could reverse from this level to the 1st support which acts as a pullback support. Pivot: 1.2853 1st Support: 1.2782 1st Resistance: 1.2888 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
GBP/CHF is falling towards the support level, a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.13765 Why we like it: There is a pullback support that lines up with the 38.2% Fibonacci retracement. Stop loss: 1.13144 Why we like it: There is a pullback support level. Take profit:...
GBP/CHF is rising towards the pivot which acts as a pullback resistance and could potentially reverse to the 1st support which has been identified as an overlap support. Pivot: 1.14118 1st Support: 1.13158 1st Resistance: 1.14620 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
Looking to form a bias but do not want to call it just yet for the week. need to see price give us a few more clues first.
GBP/USD Analysis: Bearish and Bullish Scenarios with Key Levels and Expected Price Movement The price is expected to trade in a bearish zone due to its stabilization below the pivot line at 1.28770, with an initial target of 1.28190. Bearish Scenario: As long as the price remains below 1.28770, it is likely to drop to 1.28190, and further declines could...
GBP/CHF is rising towards the pivot which is a pullback resistance and could reverse from this level to the 1st support which also acts as an overlap support. Pivot: 1.1411 1st Support: 1.1315 1st Resistance: 1.1462 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
EUR/GBP has reacted off the pivot and could potentially drop to the 1st support which is a pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
Hey Traders, in the coming week we are monitoring GBPJPY for a selling opportunity around 199 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 199 support and resistance area. Trade safe, Joe.