Hello traders, here's my point of view about FX:AUDUSD , as you can see price is coming from a strong daily area and now testing the structure to potentially continue. By other side if TVC:DXY continue bearish price can easily reach higher prices.
Hello traders here's my point of view.. ABOUT BITSTAMP:BTCUSD As you know , We are slowly shifting into a risk on environment. By the moment price is playing around that supply area as long as we stay below 32000 price can drop. Be careful. By other side if we break to the upside , we can easily reach new areas such as 45 000 usd . comment what do you think...
Recent momentum is very bearish. Currently I've two areas in mind one to potentially form a zig zag manipulation pattern and the other is just a valid supply zone
FX:AUDUSD has been trending to the downside. After several week price was stuck in range between the 0.66 and 0.68. Early this week, we manage to finally break that massive 0.66 support area. Currently looking to sell if retest rand confirmation.
FX:AUDCHF has been trending to the downside. After reaching the 0.60500 started to show reversal signs. By other side AUDUSD is clearly showing a bearish momentum. Interesting sell opportunities can happen if we have retracements.
The 2065 price level was a strong monthly key level to keep in mind. Today after the positive data from NFP gold started to show reversal signs and and sell momentum The US economy unexpectedly added 253K jobs in April 2023, beating forecasts of 180K and following a downwardly revised 165K in March ( very positive for the dollar) and negative for the ...
always try to understand the fundamental side and then the technical and then play with the correlation
As long as this h4 orderblock holds , I will continue to be bearish on AUD . Price right now playing around this sell zone. Trend remains bearish so It's an interesting opportunity
The dollar was little changed on Wednesday, continuing to trade near six-week highs on the back of strong economic data. Survey data released on Tuesday showed U.S. business activity unexpectedly rebounded in February to reach its highest in eight months. In the eurozone, a survey-based gauge of activity also surged, hitting a nine-month high. The signs of...
Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several factors have contributed to the rally including strong U.S. retail sales, and an easing of regulatory concerns. Bitcoin (BTC)...
Hello traders, here's my point of view as you can see price is near a weekly daily high , technically looks a great zone to sell and fundamentally we have recession signs such as high interest rates , high inflation , GDP on decline as well as retail sales on decline
Hello traders here's my point of view about dxy as you know we are slowly reaching a wide monthly zone, I personally believe we can push a little bit higher but keep in mind that we can start to consolidate a little or even retrace
Wait a proper RETEST AND CONFIRMATION to confirm a continuation to the downside potentially about to reach the bottom or make a new low OANDA:XAUUSD
Hello traders, here's my point of view, technically I'm looking for sell entries, but my main focus will be near the monthly target 3670. Either price bounce and we show fundamental signs of recovery or we keep going deep
Wait a proper RETEST AND CONFIRMATION to confirm a continuation to the downside
Wait a proper closure to confirm a breakout either weekly or daily, Anyway I still holding some short ideas .
Hello traders this is a point of view, not a financial advice . For now, DXY has more room to the upside. In my opinion the FED will hike higher and for longer than most think and in terms of an overall economic downturn. By other side, I don't think we have seen the bottom in the market. (For reference the most probable outcome for FED rates in March - May is...
Hello traders, here's my point of view about FX:CADJPY IT'S Only my point of view , not a financial advise technicalLY : Price has been trending to the upside for a while now , right now testing a valid demand level price can reach that next supply area . stops can be set behind the green box fundamentally: www.fxstreet.com