OANDA:EURUSD Indicators indicate a decline of 1.11453 and from here the decline begins until 1.11107 and when a candle opens below 1.11107 especially in the 4-hour frame it will fall to 1.10770 and if the price breaks 1.10770 it will fall until 1.10480
🟢Pair Name : EUR/AUD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ✅Bearish Break 1.64150...
FX:XAUUSD continues to renew its high without any strong pullbacks. Buyers continue to behave quite aggressively before strong news. But everywhere there are risks and BUT!!! There is a lot of news ahead before the important Fed meeting on interest rates, where they are likely to be cut. The question of “by how much” remains open, as weaker data (25 basis...
The AUDUSD pair is once again approaching the 14-month Resistance Zone, following a convincing rebound on the 1D MA200 (orange trend-line). This Higher Lows rebound resembles the July 06 2023 bounce that priced a Double Top at the top of the Resistance Zone, before collapsing rapidly to new Lows. Ahead of today's Fed Rate Decision, we will welcome any short-term...
Go through the analysis carefully, and do trade accordingly. Immediate resistance- 2585-2587 Immediate support- 2570-73 decent support- 2559-2562 strong support area- 2530-35 Potential resistance- 2595-2597 Anup 'BIAS for the week (16-20 Sept-2024) Current price- 2579 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605,...
GOLD broke the key Horizontal level of 2577.84 And the breakout is confirmed So we are locally bearish Biased and as Because is Going up to retest the New resistance from where We will be expecting a Local move down !
Symbol (XYMUSDT) is showing some early reversal signals, based on the candles, but this time we will use the help of the oscillators to predict what will happen next. Good Tuesday my fellow trader, today is the eclipse (full Moon) and the week is still young... Let's see what it has to bring us all. ➢ XYM is trading near support, a new All-Time Low, and this is...
ENAUSDt technical analysis update ENA is breaking the resistance trendline after 20 days of consolidation on the 4H chart. We can expect a strong bullish move from the current level, as the price is trading above the 100 EMA. Regards Hexa
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) found support from buyers during the Asian session on Wednesday, halting the previous day's pullback near record highs. Expectations of aggressive rate cuts by the Federal Reserve have kept the US Dollar from fully recovering, helping to support gold prices. Additionally, concerns...
The GBPAUD currency pair formed a head and shoulders pattern on the 4-hour chart. Following the release of today's economic data, the price quickly decreased and broke below the pattern's neckline. This suggests that we may see more downward movement in the future. The next potential target levels are at 1.9413 and 1.9350.
The overall trend of XAUUSD is bearish but due to the FOMC price is ranging bu expecting price to crash from 2572.847, putting my sl @ 2576.034 Note: This is my personal trade and not in anyway mandatory
S&P 500 Sets Record Ahead of Fed Decision As shown by the S&P 500 index chart (US SPX 500 mini on FXOpen), yesterday's trading saw the index hit a new intraday high of 5,678.9, surpassing the previous record of 5,677.5 set on 16 July. However, the bulls were unable to maintain this historic peak, which is a negative sign, suggesting the possibility of a bear...
Dear colleagues, I believe that the upward movement in the impulse of the five-wave structure has begun. At the moment I believe that wave “1” has either completed or is being completed. In the first case, I expect a corrective movement in wave “2”. Wave “2” is indicated by the 50% Fibonacci level. This is the area of 2533. But the main direction is still...
Market Analysis: EUR/USD Strengthens EUR/USD started a fresh increase above the 1.1050 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro surged after it broke the 1.1050 resistance against the US Dollar. - There is a connecting bullish trend line forming with support near 1.1125 on the hourly chart of EUR/USD at FXOpen. EUR/USD...
Wedge breakout has potential to fill the daily gap into the $9 range
End of day update from us here at KOG: BOOM! In all honesty that was a difficult trade to hold with the chop and range in play, however, it's made it's move after giving numerous entries and finally hit our first target level. We're within the potential range so would expect this to attempt a short recovery which now gives us the flip into the 2570-75 region...
internal diagonal resistance is compromised. A push above @19 750, would be good enough to give us a clear buy setup just above our resistance going towards 20 750 to test the nearest diagonal and horizontal resistance + create a Higher high.
Turtle soup and Smart Money Concept Trading Strategy The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend. Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts. ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily) STOPLOSS :- above or...