MrCharlie1

MrCharlie1

GBPCHF-Waiting SNB Interest Rate Decision In some minutes the market will know the decision from SNB. It's widely expected that SNB may cut rates by 25 bps. Expected 1%vs 1.25%previous month We have seen many times that SNB's Governor doesn't like the situation of the current interest rates and probably they will continue to cut the rates also this time. SNB...

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GOLD: What's next after it reached 2670? From our yesterday's analysis GOLD reached two of our targets by creating a new all time high near 2670.The war between Israel and Lebanon just began and it will not make the things better. Despite the fact that gold is taking a pause is because of the fear from the unknown because all this situation is getting ridiculous...

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EURNZD broke out form a large bearish triangle pattern today, following weaker -than -expected Eurozone data. The situation remains unclear,and it looks like EURNZD may begin a new correction before moving further down. Given the aggressiveness of the movement ,we should see EURNZD testing the lowest part of the structure in the coming days. You may Find More...

MrCharlie1

AUDNZD Price Analysis Yesterday, the AUDNZD pair broke down from a long-standing pattern. Although the price is currently rising, this movement could be a normal correction before AUDNZD makes a new low, especially given the proximity of a strong resistance zone. Based on the current pattern, the price could potentially move down to 1.0850 and 1.0810. However,...

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📣GOLD Remains Bullish Above $2600 In today’s Chart, I delve into the trading opportunities in gold and discuss the associated risks from a broader perspective. As long as the price holds above $2600, the bullish trend remains intact. ⚠️PS: Always use a stop loss in every trade you take. Unexpected moves can occur at any time. 📺You may watch the chart for...

MrCharlie1

The Russell 2000 is approaching the top of its structural zone near 2276.The bullish sentiment is driving indices to at-time highs and it could also propel the Russel 2000 higher. On the daily chart ,the price is nearing the 2276 level again .on lower time frames ,a new bullish pattern is forming, indicating a potential continuation of the upward movement. If...

MrCharlie1

USDPY Poised Another Rally In our Precious analysis UsdJPY reached the first target and paused. What's Next ? For Further Details watch in the chart 📉 Thank you Good Luck!

MrCharlie1

💡Ideas For USDCHF 📈 Dollar rebound changes the local situation ➖➖➖➖➖➖➖➖➖ USDCHF after a shakeout returns to range resistance amid the current downtrend. The dollar index is rising and many don't realize what's going on... DXY failed to overcome the critical and psychological level of 100.0. The yield on 10-year US government bonds did not fall after the rate cut,...

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EURUSD Price Analysis after FOMC meeting Despicable the recent price FOMC meeting EUR/USD remains unable to broke Through the 1.1200 level. This zone has once again proven to be a formidable resistance. The price continues area suggestions that a breakout is unlikely in the near term. Given the current market condition it seems more probable that EURUSD will...

MrCharlie1

SOL Price Analysis: Strong and Bullish On the Thursday Solana Broke Out From a Strong Structure Zone Near $139.50. the price Managed to hold well above this area indicating that teg breakout is strong and valid increasing the chances for further growth. Currently SOL is Undergoing a normal retest of the broken resistance zone. It is likely that solana may...

MrCharlie1 Updated 

📣GOLD Price Analysis Gold reached new record highs on Friday, with the market interpreting part of this move as an opportunity cost amid decreasing interest rates by major central banks. Additionally, falling real yields are driving gold prices higher. The ongoing conflict in the Middle East is another significant factor supporting gold’s strength. Technical...

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ETH :preparing for a surge in the Y wave of the WXY pattern Ethereum (ETH) is currently forming a large and complex pattern on the 4-hour time frame. On the left side of the chart ,we can observe that ETH previously established significant WXYXZ and WXY patterns. Recently,ETH completed a bullish pattern,indicating potential for further upward movement as it...

MrCharlie1

DXY Development a Range Trading pattern USD Strength likely to return; The U.S Dollar index (DXY)may develop a range trading pattern ,suggesting that the USD could become stronger again. You may watch the analysis for further details. Thank you and Good Luck!

MrCharlie1 Updated 

Ebay Is hit 68.09 soon and may grow further During the end of May 24 Ebay Break out of a strong weekly structure found near 52$ The price has been above This are for about two months. On the Wednesday July 30/24 Ebay Will report warning which could be one reason we could see the resume it's uptrend again. We should Forget Ebay has been reporting positive...

MrCharlie1 Updated 

GBPUSD In very risky Scenario The entire market is currently focused on the upcoming FOMC meeting and the potential rate cut's that's may be announced. Market participants are amazing each piece of the US economic data as it is released trying to anticipate the federal reserve decision. However predicting a fed rate cut in the advance based solely on monthly...

MrCharlie1 Updated 

EURCHF Potential Bullish Trend Above 0.9430 Since 11 September EURCHF has been moving in to corrective pattern The pair Has Faced Resistance Near 0.9380 on five consecutive occasions,pushing the price higher to 0.9417. Today,the Euro is showing strength across the currency board,increasing the likelihood of reaching out resistance zone again. A move above...

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EURJPY Next Move Depends on BOJ Intersed Rate Decision From a Technical perspective EURJPY Has Completed Bullish Harmonic pattern However this time both Technical and fundamental perspectives need to align. This week on Friday September 20 EURJPY Movements very largely depends on the bank of Japan BOJ Interest Rate Decision. The market Inticipating a rate hike...

MrCharlie1

Natural Gas is about to form a Head and shoulder pattern.The price is approaching the neckline zone , and a small correction for the right shoulder of the pattern is expected.If this occurs ,the odds are higher that Natural Gas will move down. If Natural Gas moves below the neckline of the anticipated pattern,it may develop into another bearish pattern. You may...