This EUR/CHF 1-hour chart shows a recent shift from bullish to bearish momentum: Trendline Break: The uptrend has been broken, indicating a potential bearish shift. Key Levels: Resistance: Strong resistance around 0.94200. Support: Key support at 0.93862 has been breached. Bearish Engulfing: A bearish engulfing pattern below the trendline signals strong selling...
From a technical standpoint, the recent price action on the GBP/JPY 1-hour chart suggests that the pair is positioned for a potential bullish continuation. Here's an analysis of the situation: Breakout Confirmation: The price has broken out of a wedge pattern, which is often a strong signal of a forthcoming move. The breakout was to the upside, supported by...
I’m optimistic about a continued bullish run in the EUR/CAD pair. However, always watch for signs of reversal near resistance levels and use proper risk management. If the price breaks the 1.50353 support level, we might need to reconsider the bullish bias. Keep an eye on these levels as we head into the next trading sessions. Here are the specific price levels...
After a big move of selling, here we have a resistance area with a beautiful ending correction. we are looking for a 1:2 RR buy opportunity.
Gold looks great. Weekly demand + major news release + chart patterns and more...
this pair formed a beautiful impulse+ correction to the downside, so we are triying to ride the next impulse. as you can see it also had a three-tauch pattern , broke the last HL. in addition to that, the DXY looks very bearish. add it to the watchlist.
GBPJPY is performing well. the price is creating new lower lows (LL) we are looking for sell setups. we already have some powerfull confluences here, but still there are some others to wait.
Gold looks very promasing! the price broke the last HH, and formed beautiful continuation flag.
This pair looks great. we have strong confluences to look for selling opportunities. add it toyour watchlist !
NZDCAD looks greate this week. we have a quite beautiful bearish pattern! add to your watchlist and see how you can react! remember, we don't predict we react!
last CPI (13 sept ) moves are still continuing . bears are in full control regardless of the beautiful bearish confluences we have.
Gold in 15 mins we have some great confluences here . take a look and use your own method to see it its suitable for you. #salahudinsomali #financialtrading #gold
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a flat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of...
The British Pound vs. the Canadian Dollar. This is one of the most traded pairs in the world. The Canadian Dollar, often referred to as the “Loonie”, is considered to be a commodity currency because of Canada’s heavy energy exports.
it has great structure , we are expecting 24% increase after the BoS (break of structure ) at $7.9 area. We have double bottom , LLs & LHs .