The GBP/AUD pair is currently in a downward movement, and we anticipate that this trend will continue until it reaches the trendline support level. At that point, there is a possibility the price could reverse and start moving upwards. However, if the pair breaks below the trendline support, the downtrend is likely to extend further, with the price potentially...
We’ve noticed a bullish flag pattern forming on the EUR/USD currency pair. This technical pattern seems to indicate a potential upward movement. We’d love to get your perspectives on this. Do you agree with this analysis? Are there any other factors or technical signals you think should be considered? Looking forward to hearing your thoughts and any additional...
GBP/CAD is currently trading at 1.7795 and moving sideways, indicating consolidation in the market. The key support level is positioned at 1.7690 , while resistance is seen at 1.7850 . Based on the current market structure, we believe GBP/CAD has the potential to rise and test the resistance at 1.7850 . This upward movement presents a trading opportunity of...
USD/CAD has broken through the resistance level at 1.3530, signaling a potential upward move. The first target is at 1.3615, where we might see some initial resistance. If the momentum continues, the pair could reach the second target at 1.3700, marking a significant bullish trend. Traders should watch these levels closely for confirmation of the breakout and...
The EUR/NZD currency pair is going up, moving from 1.7650 and getting close to 1.8000. This rise shows that the Euro is gaining strength against the New Zealand Dollar. If the trend continues, it might break through the 1.8000 level, leading to more gains. Keep an eye on the market to see if this upward trend continues.
The CAD/CHF pair appears to be in a downtrend, forming a descending channel. It has recently broken through the support level at 0.6245, indicating further bearish momentum. The potential downside targets are: First Take Profit (TP1) : 0.6160 Second Take Profit (TP2) : 0.6100 The price could continue to drop towards these levels.
EUR/JPY appears to be heading towards a drop, with the first target at 157.70. If this level is breached, the next target could be around 155.30. This downward momentum suggests that the pair might face continued selling pressure, making these levels key areas to watch.
GBP/USD has been bearish since August 28, 2024, and we believe it will drop100 pips.
Gold is currently trading at $2445 and may attempt to retest and break through the $2452 resistance. If it fails to break $2452, it could decline to $2432 and potentially $2420 if the $2432 support level is breached. Trade at your own risk.
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...
Risk Warning: Online trading involves significant risk. We make no guarantees that our Idea will produce any particular result for you. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money...