Follow-up on the Nov 30, 2024 idea The EUR/USD pair appears to be forming a bottom, signaling a potential trend reversal. This setup presents an opportunity for a swing trade, with an anticipated holding period of a few weeks to a month. Traders should monitor key technical levels and market catalysts closely as the pair transitions into this new phase.
Follow-up on the Nov 30, 2024 idea The USD/CAD pair appears to be overextended, signaling a potential trend reversal on the horizon. This setup is ideal for a swing trade, with a projected duration of a few weeks to a month. Strategic entry and exit points will be key to capturing this opportunity as the market adjusts.
The USD/CAD pair appears to be overextended, signaling a potential trend reversal on the horizon. This setup is ideal for a swing trade, with a projected duration of a few weeks to a month. Strategic entry and exit points will be key to capturing this opportunity as the market adjusts.
The EUR/USD pair appears to be forming a bottom, signaling a potential trend reversal. This setup presents an opportunity for a swing trade, with an anticipated holding period of a few weeks to a month. Traders should monitor key technical levels and market catalysts closely as the pair transitions into this new phase.
OANDA:NZDCAD at the multi-year support level, possible trend reversal
OANDA:GBPNZD is approaching resistance level, possible trend reversal
OANDA:NZDCAD major support level is holding, more upside expected
OANDA:AUDCAD major support level is holding, more upside expected
OANDA:NZDUSD at strong support, anticipating pullback
OANDA:USDCAD testing support, anticipating pullback
OANDA:EURUSD downwards momentum is slowing down. This could be a turning point. Do not expect a violent move, but a rather slow grind to the upside.
OANDA:EURGBP testing resistance, anticipating pullback
OANDA:USDJPY testing major support, anticipating pullback
OANDA:AUDUSD testing major support, anticipating pullback
OANDA:GBPUSD testing support, anticipating pullback
TVC:DXY breakout would have a devastating effect for EURUSD and AUDUSD, while simultaneously it would launch USDJPY and USDCHF to new highs. Maybe on the longer term, Dolar will gain more strength, but for now, it seems that the momentum is weakening. I guess we shall see one more pullback before Dollar makes an attempt for a new high.
OANDA:AUDUSD testing strong resistance, anticipating pullback