I expect Gold to test level 2664.78 before going all the way down. We also need to be aware of CPI today but I think the price will go all the way down to 2559.17 which might be a very huge opportunity for us traders to sell Gold. Trade safe and responsible. Good luck to us!
EUR/USD has reached our strong Daily spport (Level1.06233). We might get a push to the upside from here! Remember to trade safe and responsible all the times
The AUD/USD pair may experience a bullish move in the coming days or weeks. On Friday, November 8, we observed the pair respecting a key daily trendline and establishing fresh higher lows on the Daily timeframe. Notably, on Thursday, November 7, the pair reached its weekly high at 0.6672, which serves as a significant daily resistance level. Following this, the...
Following yesterday's U.S. elections, AUD/USD reached new monthly lows, touching 0.65132 after an extended bearish trend. On the 4-hour timeframe, the pair has formed a double-bottom pattern, a potential reversal signal, indicating that bullish momentum may be building. Given the current political landscape post-election, the USD could experience fluctuations as...
The pair is showing lower highs and lower lows on 1H. The price is currently on one descending trend line and we might see a bearish move from here.
Gold has displayed impressive bullish momentum, recently reaching an all-time high of 2790.120 on October 30, 2024. This significant level was achieved just one day after breaking through previous highs at 2758.52 on October 29. With this aggressive upward trend, Gold continues to showcase strength in the face of global market uncertainty, signaling strong...
Gold is showing lowere highs and lower lows, slowly going down. I think that's all we need for now. Trade safe
The pair is showing strong bullish momentum following a break and successful retest of our 1H level. We plan to enter a buy position around 151.894, aiming for a target level of 153.026. Stop-loss orders should be set at 151.468 to manage risk effectively. This trade setup offers a risk-to-reward ratio of 1:2.65, presenting a favorable opportunity. As always,...
What to expect on EURNZD these week.The pair is forming higher highs and high lows on 4 hour time frame.
The is currently looking very bullish on 4 hour timeframe. GBPUSD has been printing lower lows and lower highs. We were waiting to see price reaction around level 1.34145 (Key support level). The price managed to print new lower lows at level 1.33548. I expect the price to climb high from here since it has already broken our descending trendline. The pair is...
The pair has been falling since the 12 of November 2021. The price managed to break critical support levels like 0..85355, 0.84725 and 0.84202. Even thought the price managed to close below level 0.84202 on the 17th I’ve been expecting buyers to act. I don’t see the price continuing with a further downward movement. Looking at the picture below we can see that the...
On the 5th of November the pair reached our strong weekly support, level 1.22889. The price failed to go beyond these level but it formed double bottoms as first sign of reversal. A retest of our descending trending line has taken place and bullish confirmation candle printed on 4 hour timeframe. Targets should be placed around level 1.26575 and stop loss at 1.24262.
The wait is over, I've been eyeing this pair for weeks. lets see how it plays out
Great opportunity with good risk to reward ratio....
Pullback taking place, I'll be buying this pair very soon...
Double bottoms formed, descending trend line broken ....what's next? I'm on the bulls side