Hi traders, check out july 2023 and july 2024, tell me what you see in the comment, i will be waiting
Ahead of the boj we might see NZDJPY bouncing from that level for a retracement
their is a breakout of the trendline to the downside and a deep retest which did not create a new high around 1.08853 before we saw the decline of the 4hr candle, which means that seller are fighting for domination, expecting a sell from 1.08485 back to the support level at 1.07327... the sell bias will be invalidated if price break 1.08839 to the upside
Aussie dollar is at a significant resistance level, but sellers should wait for the close of the daily time frame, if the daily timeframe closes bearish, then you can enter the next day with the lower time frame like 1-4hr tf for a sell set-up back to the support level at 0.64446
This is my view on GBPUSD for next week, drop your opinion in the comment box
Their is sigh of rejection at 1.07893 as sellers trying to drag the price back to the downside because no new high were created, seller might later drag the price to 1.06879
Anticipating a move to the downside, The retracement is over and we've seen the creation of lower high which their is a sign of rejection at the trendline... seller might drag the price to 1.25066
welcome to 2024 guys The odd of the rate cut has been shifted from 72% to 79% on friday after the disappointing ppi data from the US, with this fundamental report i believe the GU buyers should take their position seriously in the next couple of days and we should see dollar weakness hence GBPUSD moving out of the range to 1.31371 resistance level
GBPUSD BUY BIAS I'm anticipating sellers to drag the price back to the support level at 1.26240 because thats where i can see a significant buying opportunity, any rejection to the upside from 1.26240 buyers should push the price above the 1.28014 level trade safe Amba
EURCAD BUY BIAS Price has hit a significant support level on EURCAD at 1.45920, buyers are expected to step in from there, but what i will be looking at is for the trendline to breach and break to the upside before i take my buy position, my safe zone will be 1.45514 and i'm expecting buyers to push the price to 1.49131 trade safe Ambafx
GBPUSD BUY BIAS their a break of the trendline to the upside and the price is above the 1.25593 level, their is a need to wait for a retest at that level before buyers take over and push the price to 1.27145 level, don't forget we have a lots of fundamental this week trade safe amba
EURUSD SELL BIAS sellers might actually step in at 1.09453 and drag the price to 1.08761 which is the support level of the trendline, if that level break we should be looking at 1.08322 level but the safe zone is 1.09591, if price violate the safe zone we should be looking for a buy set-up