The GBPUSD opened with bulls pushing back towards the 1.2700 level. However, bearish sentiments continues to linger as investors closely watch the upcoming CPI data today and Retail sales from the UK on Friday. Key levels to watch out for are 1.23000 on the downside and upside is limited by 1.2700 level
As the dollar continues to maintain strength, EURUSD remains on a bearish path. A key level to watch out for is the 1.0447 low and a FVG at 1.0227 levels. Upside momentum is quite limited
EURUSD has presented a critical low as price trades inside an hourly FVG. From here price is presented with a bullish bias targeting previous equal highs at 1.0782.
BTCUSD is in a corrective move. More downside will be experienced in the next couple of weeks
The US dollar index remains bullish as the price closes above the 105.883, 2023 high. The bias will likely draw the market towards the 21 November 2022 high, at 107.993, buy-side Liquidity. The 11-month high coincides with a weekly Fair Value Gap. The uncertainty of the US government shutdown will trigger risk aversion along the seasonal shifts as 3rd quarter...
The GBPUSD breached the 1.23081 low, which coincided with sell-side liquidity, making it an intermediate-term level for sellers' profit targets. A further drop below that level is possible towards the 1.21905 which coincides with a Daily Sell side Liquidity, on March 24, 2023. I would like to see sellers attack that near-term support in the near term before we...
CHFJPY has reached a remarkable daily Market Station on D1 at 115.60, hence price has potential to explode to the downside since it is a retest of a bearish structure. Target area would be 113.500 and areas to watch out for if price may continue to the upside is a break of 116.10. Hence Bears can take advantage of this remarkable trigger area
Lite Coin/USD After giving up its August gains the Litecoin is still looking bearish considering in September it failed to make a higher high. This price action bias could see litecoin retesting $40 before we could see remarkable moves either upside or a break to the downside. Lite Coin/Usd Medium Term Bullish Bias Since March this year litecoin managed to...
EURUSD has broken structure at 1.18000 . The Market presents a short position this Tuesday London Session from 1.1750 to 1.1680. Stoploss is tagged at 1.1770
DXY trading setup maintains a bearish bias towards 92.50. A break below 92.50 I expect to see price dropping towards 92.20.