OANDA:XAUUSD Current price is presently at the lower trend line with a new bullish candlestick formed signaling a buy opportunity after a bearish run from 21st June,2024. Price may consequently also continue it's bearish trend to price around 2287 which is currently a support level before reversal to the upside.
GBPUSD is currently in a downtrend and price is yet to reach a support level for a buy. FX:GBPUSD
Price is currently approaching resistance for a short.
Spotted an overall chart pattern on the GBPCAD pair 4h tf.
I'm speculating that price will soon reach the resistance level highlighted. Going short on this pair.
Price reached resistance zone. Going short
Price is currently rising from support level heading towards UTL.
Price has reached resistance in responds to fib level 38.2%. Going short.
My idea on EURUSD currency pair. Going long to upper trend line.
Price of GBPUSD is currently rising to reach supply level and will hopefully fall to support level( lower rectangle) in the long run.
Channel has formed in NZDCAD. Looking for a buy position at lower trend line.