Since April 22, we have seen the price increase and the value of the pound against the Canadian dollar, after hitting 1.7600, the price changed direction and the upward trend turned into a downward trend, with the start of today's market, the pound is weakening against the canadian dollar. we have several scenarios ahead of which we are evaluating the most...
All movements in the market are in harmony. Sometimes we see chaos in the market; maybe emotions cause this chaos, but this is not always the case. Look at the three golden Fibonacci zones in this chart, and the price reactions are like this: Note that the points are moving in beautiful harmony. The price and the range of 2390 are good support, and we saw the...
From July 10, 2023, the price of 0.8500 was under the pressure of the sellers, and finally, after hitting the support area of 0.8500 several times, after 11 months, this support surrendered to the sellers. We will expect more short from the closing of daily candle below this area, and on the other hand, due to fundamentals, if the price rises above 0.8500, we...
We have not observed any notable movement from this currency pair since the market opened. The price is currently within a specific range based on the parameters we indicated in the chart. If the 158.20 region is disrupted, the price may rise somewhat, perhaps to 160.00. Conversely, we may anticipate a decline in the dollar's value relative to the yen due to the...
if we want to find good and clear place for short trade we need to wait correction on that area I mentioned at the chart .we need to wait for correction + candle close below of the area that i showed.
There are two idea for trade on eur/nzd . I mentioned two price first 1.7600 and 1.7450 . we have to monitor then we can go for long .
There is a clean chart here we can wait for alittle pullback, and then short trade would be posible.
Based on the technical analysis and the failure of the resistance at the price of 1.07, the next target will be the price areas of 1.05867 and 1.05695, and since the market always has two sides, it can be said that if the price takes an upward path, the price of 1.0700 will be broken, then we need to see a correction above the 1.070, then we have to find a good...
Good morning in this chart we consider that there are two good area for trade . we have strong S&R that we mentioned the price . for trade in both side we need to see good candle pattern in both area.
We can look for a short trade if the price creates a double top in the area I mentioned.
In the chart, we need to return the price to the range of 163.64 in order to enter into a sell trade, and if the price closes below this price, we can look for the opportunity to sell. We must always have a good reason for the trade, and the double top is one of the good trading patterns. .
We will have two scenarios for this chart. The first scenario is the possibility of a price decrease up to the 50% Fibonacci range in the price area of 1.9300-1.9310 and the reaction of the price. The second scenario, which seems more certain, is the price reduction to the support range specified in the chart between the price of 1.9220 and 1.9190. We should keep...
We will have two scenarios for this chart. The first scenario is the possibility of a price decrease up to the 50% Fibonacci range in the price area of 1.9300-1.9310 and the reaction of the price. The second scenario, which seems more certain, is the price reduction to the support range specified in the chart between the price of 1.9220 and 1.9190. We should keep...
There is a very good opportunity in the daily or four-hour time of the Euro-New Zealand dollar currency pair to enter into a long trade, which we have identified in the chart of support points. I have presented myself in light of the market situation.
We have identified two areas in the chart where there is a possibility of a reverse reaction from these points, so we can plan the trade in our list. The price of 2016 is considered a more important area. This chart is just an idea and not a trading signal.
There will be good opportunity for this pair but we need to wait for daily candle to close then we have to find good place for long trade.
There will be good opportunity for aud.nzd .we need to wait for daily candle close tonight after newYork session. Then we have to find good place for long trade.
There are two scenarios in the 4-hour period for the pound-dollar currency pair. First, the downward trend line is in the price range of 1.2720, which can be obtained if the price hits this area and the price closes in the range of 1.2720 to 1.2730. Let's look for the opportunity to sell, and the second scenario is that if the price crosses the downward trend line...