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GBPJPY H4 - Long SignalTaking a closer look at the GBPJPY on a more immediate timeframe, we observe compelling instances of price rejections on the H4 chart. The market is earnestly seeking support around the pivotal 185 level. Notably, there are prominent wicks penetrating into a liquidity zone, presenting an intriguing opportunity for a potential surge towards the 187-190 range. The pair has been exhibiting elevated trading activity, particularly noteworthy among GBP*** pairs in recent sessions/weeks.
Long
by Trade_Simple_FX
DXY D1 - Corrective Signal DXY D1 XAUUSD experienced a substantial surge, mirroring the impressive ascent of US30, US100, and other ***USD-based instruments. This surge was prompted by a notable sell-off in the dollar, aligning with CPI figures that fell below expectations. The market displayed a strong, one-directional momentum, creating a powerful and widespread impact across various financial markets. Notably, the forex market witnessed this noteworthy movement, adding a refreshing dynamic to the usual fluctuations. Possible corrections expected today, we also have UK CPI inflation figures to look out for, which will have and impact on the likes on GBP*** pairs.
TVC:DXYLong
by Trade_Simple_FX
BBBY $ Breakoutwe have 2 critical area to confirm either a bullish or a bearish breakout around those 2 boxes , the first box we have is from below , which act as a support , between (3.20/3.64$) if we held it ,we going to have test for the above resistant box(4.76$/5.85$), and breaking it will give us a huge pump toward the 3 profit taking . on the other hand if we didn't hold our box of support, then we going to go toward our bottom price above 2.25$ where we going to have our reversal .
NASDAQ:BBBY
by TRADING-JESUS
6
GBPUSD D1 - Short SignalGBPUSD D1 - Big daily timeframe again, we have yet hit another 100 pip threshold. Possible shorts here from the later rally extension, relief rally for the USD as we have seen it lag in recent trade. Would ideally like some price action confirmation on the H4 atleast, failing this, we may breach upside, then we can simply prepare for the break and retest play. A correction would typically be expected though, after such a streak of bullish H4 candles.
Short
by Trade_Simple_FX
1