AUD/USD is currently in a downtrend, but recent price action suggests a potential retracement. The key area to monitor is the H4 and H1 resistance zone around 0.64245.
If the price retests this zone with a clear bearish bias and entry confirmation, a short entry could be considered with a tight 10-pip stop loss. The target for this short trade is set at 0.63747,...
The AUD/USD pair currently exhibits a strong bearish trend. The price has breached the weekly support level, although the candle has not yet closed below it. Additionally, it has broken the 4-hour support level and the Friday low of the day. While there is no immediate entry confirmation, a potential short trade opportunity emerges.
For a safer entry, consider...
USD/CAD is currently in an uptrend, and the analysis suggests a promising opportunity for a long trade. The key area to watch is the zone between 1.37863 and 1.37787, where there's a potential for a retest.
If the price revisits this zone and demonstrates a clear bullish bias along with entry confirmation, it presents an attractive long trade opportunity. The...
EUR/USD is currently in a strong downtrend, and a previous trade idea based on the break of the previous day's low and 4-hour support yielded a 40-pip gain . The analysis now indicates a potential opportunity as the price approaches another critical level.
Now Seems like price is pulling back to 1h resistance at 1.06949.
If the price retests this level with an...
EUR/USD is currently in a strong downtrend, and a previous trade idea based on the break of the previous day's low and 4-hour support yielded a 40-pip gain . The analysis now indicates a potential opportunity as the price approaches another critical level.
If the price breaks below the 4-hour support at 1.06668 and retests this level with an entry confirmation, a...
The EUR/USD trading pair is currently under analysis, presenting a potential short trade opportunity if the price breaks below the previous day's low at 1.07057 . In this scenario, a downtrend could be signaled, with the next target at the 4-hour support level of 1.06668 . For a safer entry, traders are advised to wait for a retest of the 1.07057 leve l and...
