CAD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.637 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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GBPUSD - ANALYSIS👀 Observation:
Hello traders! Here's my analysis for the GBP/USD pair. Currently, I anticipate the price to continue its downward movement towards the target of 1.19872 .
However, if GBP/USD breaks above the 1.23220 level on the 1H timeframe and consolidates, I expect a potential bull market scenario to unfold.
📉 Expectation:
Downward trend to 1.19872 unless 1.23220 is broken.
If the 1.23220 resistance is breached, a bullish movement may start.
💡 Key Levels to Watch:
Target 1: 1.19872
Resistance to break: 1.23220
💬 What’s your take on GBP/USD this week? Let me know in the comments below!
Trade safe
DXY - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Dollar Index (DXY) with you.
Based on what I see on the chart, I expect the Dollar Index (DXY) to reach the resistance zone of 110.668 to 110.877 . After a small pullback, I anticipate it will start its bullish movement upwards.
If the 107.750 level breaks downward and consolidates on the 1H timeframe, a further decline could follow.
📈 Expectation:
After a minor pullback, the DXY is likely to initiate a bullish movement and continue its upward trend.
💡 Key Levels to Watch:
Resistance Zone: 110.668 - 110.877
💬 What’s your view on the Dollar Index this week? Share your thoughts in the comments below!
Trade safe
TESLA Swing Long! Buy!
Hello,Traders!
TESLA is trading in an
Uptrend and after the
Local correction and a
Retest of the horizontal
Support level of 389$
We are already seeing a
Bullish rebound so we
Are bullish biased and
We will be expecting a
Further bullish move up
Buy!
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DXY SINGLING DANGER!Any Time The Dollar Gets In This Range Bad Things Happen!
With the exception of the 2008 GFC which confirmed we have entered Debt Deflation (Meaning the Gov will need to borrow more and more, faster and faster without any benefit to the real economy). A strong dollar is signaling something very bad is coming.
Gun to head I would guess something like an Asian Currency Crisis. Russian ruble & economic collapse is now a certainty! Russia has lost the war no matter what they are trying to do on the battlefield it is irrelevant as the economy is now suffering from Dutch Disease. (So Much for the BRICS fantasy!)
Most Americans believe a strong dollar is good. They are wrong. Here are a few things to know about a strong US Dollar.
1. A strong dollar weakens exports, costing American jobs as everything America made becomes more expensive to the rest of the world.
2. US Imports increase as everything internationally made becomes cheaper.
3. Acquiring USD as foreign reserves becomes much more difficult and expensive. As exporters to the US have to produce more for less $s.
4. US investment in international currency collapses, forcing inflation, rates higher making borrowing/investment in foreign economies weaker. Leading to a snowball effect.
5. Commodities are traded in USD. As such energy/food to many poor nations will become a problem as they are net importers with already limited access to NYSE:S it will be magnified.
6. Finally (I could go on but I won't you get the point) when everyone leans on one side of the boat it capsizes. Meaning when everyone is running to invest in the US & the dollar.
Techanically how high can the USD go?
-120 is likely. (hopefully not much more)
-Longer term if things get bad enough it can break all-time highs of 165 as we have this massive bottoming inverse HEAD & SHOULDERS in place. CARNAGE!
- What I hope will happen is that it hits previous recent highs of 115 and that will be it for the upside. HOWEVER!
We do have a rising structure that needs to be corrected. As such when it does correct there is a good possibility it tests previous lows.
For now, if you live in the US. enjoy dollar strength and think about how much worse inflation would have been if the $ was weakening. ))
GBP_NZD MOVE DOWN AHEAD|SHORT|
✅GBP_NZD is trading in a
Local downtrend and the pair
Made a pullback and a retest
Of the horizontal resistance
Of 2.1900 and is going down
Already so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
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USD-CAD Will Keep Growing! Buy!
Hello,Traders!
USD-CAD is trading in a
Strong uptrend and the pair
Made a bullish rebound from
The rising support line just
As I predicted in my previous
Analysis and is now breaking
The horizontal resistance
Of 1.4700 so we are bullish
Biased and we will be
Expecting a further bullish
Continuation next week
Buy!
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SILVER Trading Opportunity! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 30.376 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 30.638
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURCHF Massive Short! SELL!
My dear subscribers,
My technical analysis for EURCHF is below:
The price is coiling around a solid key level - 0.9406
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.9385
My Stop Loss - 0.9417
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
APPLE Expected Growth! BUY!
My dear subscribers,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 229.96 pivot level.
Bias - Bullish
My Stop Loss - 224.52
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 239.93
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK