Trader azizy73 — Trading Ideas & Charts

, 240Long

1. General Trend • The general trend on this 4-hour BTC/USDT chart appears bullish. The price has been making higher highs and higher lows, indicating strong upward momentum. • The recent pullback may be a minor retracement, as the price is still above the major EMA lines, showing that buyers are still in control of the market. 2. Indicator Analysis...

AUD/USD

AUDUSD

, 240Short

azizy73

AUD/USD Analysis Technical Analysis : The AUD/USD is in a clear downtrend, with price trading below the 50 and 200 EMAs. Key support is at 0.6550, and resistance is around 0.6600. The Squeeze Momentum (SQZMOM) indicator shows red bars, signaling continued selling pressure, aligning with the overall bearish sentiment. Fundamental Analysis : Strong U.S. GDP...

EUR/USD

EURUSD

, 240Long

azizy73

📈 EUR/USD 4-Hours Chart Analysis 📈 Technical Analysis: Trend Patterns: The overall trend is downward as indicated by the price consistently staying below EMA 200 and EMA 50. Support Levels: Around 1.0780 USD (recent lows). Resistance Levels: Around 1.0860 USD (recent highs). Momentum: The Squeeze Momentum Indicator shows a shift from red to green bars,...

XAU/USD

XAUUSD

, 60Long

azizy73

XAU/USD (Gold) Technical Analysis & Trade Plan (30th Oct 2024) 📊 Market Overview : Gold (XAU/USD) is currently experiencing an uptrend, possibly due to recent economic uncertainty and demand for safe-haven assets. Investors may be leaning towards gold amidst inflation concerns, geopolitical tensions, or any recent dovish stance by central banks. Chart...

EUR/JPY

EURJPY

, 60Long

azizy73

EUR/JPY Trade Plan (30th Oct 2024) 📉 Current Market Overview: EUR/JPY remains in an uptrend as investors capitalize on higher Eurozone interest rates compared to Japan's, which keeps the yen weaker. With the pair approaching a key resistance level, here’s a detailed trade plan to consider. Trade Setup: 1. Entry Point: - Enter a Buy (Long) Position** at...

USDCAD

, 60Long

azizy73

📈 USD/CAD Trade Plan 📈 Looking to trade USD/CAD? Here’s a quick setup: • Entry Zone: Target 1.3880–1.3890 for an entry near recent support. • Stop Loss (SL): Place SL at 1.3850, protecting against short-term volatility. • Take Profit (TP): • TP1: 1.3920, aligning with recent resistance. • TP2: 1.3950 for extended gains if the trend remains strong. 🎯...

GBPUSD

, 60Long

azizy73

GBP/USD Trade Idea: • Bias: Short-term buy opportunity if support holds. • Entry Zone: 1.2960–1.2970. • Stop Loss: 1.2920 to manage downside risk. • Take Profit: Target at 1.3030. • Analysis: GBP/USD is in a bearish trend, but there’s potential for a reversal due to positive momentum. Watch for confirmation of upward movement before entering.

GBPJPY

, 240Long

azizy73

GBP/JPY Analysis Summary Technical Analysis - Trend: GBP/JPY is in an uptrend, with the 10, 50, and 200 EMAs indicating bullish momentum. Price has recently been trading above these EMAs, suggesting continued upward pressure. - Resistance and Support: Resistance is near 198.80 and 199.35, while support can be found around the 198.00 level, which aligns with...

USDJPY

, 60Long

azizy73

** USD/JPY Trade Plan 🚀 **Breakout Trade**: - **Entry**: 152.40-152.50 - **Stop-Loss**: 151.00-151.20 - **Target**: 153.50-154.00 - **Recommendation**: Enter this trade only if the price breaks above 152.50, confirming strong bullish momentum. Watch for a sustained break before entering. 📉 **Pullback Trade**: - **Entry**: 150.20-150.50 -...

XAUUSD - SELL

GOLD

, 1DShort

azizy73

As a trader, it's important to approach price predictions with a degree of caution and consider multiple factors. The analysis suggests that there is a resistance zone for gold between $1,935 and $1,950, which could signify a potential selling area. However, it's crucial to remember that market dynamics are complex, and relying solely on historical price levels...