dawoodabbas26

dawoodabbas26

The USD/JPY has broken above its trendline resistance, forming a higher high—signaling potential bullish momentum. A long position can be considered at the current market price (CMP), with a stop-loss (SL) placed below the recent low at approximately 149.600, ensuring risk management. Targets can be aligned with the next resistance levels, adhering to the...

dawoodabbas26

Ethereum (ETH) is currently forming a classic Cup and Handle pattern, a bullish continuation indicator. A potential breakout above the resistance at 3770 could signal a strong buying opportunity. Trade Setup: • Entry Point: Breakout confirmation above 3770. • Stop Loss (SL): Set around 3680 to manage risk effectively. Targets (TP) 1. TP1: 3860 – Risk-reward...

dawoodabbas26

After breaking the trend line , US OIL has made a bullish rectangle. A long position can be considered on the breakout

dawoodabbas26

US100 has made a bullish rectangle. A long position can be considered on the breakout

dawoodabbas26

US100 has made a bullish rectangle. A long position can be considered on the breakout

dawoodabbas26

1. CHF interest rate reduced. 2. CHF CPI m/m data was lower than forecasted. It can make CHF bearish. 3. AUD CPI data last week was greater than forecasted making it bullish. 4. AUD CHF in a upward bullish trend.

dawoodabbas26

1. CAD CHF Bullish rectangle continuation pattern. 2. CPI data in favour of CAD 3. CHF interest rate reduced.

dawoodabbas26

1. CAD CHF Bullish rectangle continuation pattern. 2. CPI data in favour of CAD 3. CHF interest rate reduced.

dawoodabbas26

1. Rising Wedge 2. Bearish divergence. 3. Sell trade when the support level around 80.1 breaks

dawoodabbas26 Updated 

1. Bullish divergence. 2. Swiss bank has reduced interest rates and we can expect CHF to be weak. 3. Australia central bank has expansionary policy stance. Also they haven't changed interest rate. 4. We can enter at current market price around 0.59297

dawoodabbas26

1. Bullish divergence. 2. Swiss bank has reduced interest rates and we can expect CHF to be weak. 3. AUD has expansionary policy.

dawoodabbas26

1. NZD CAD has formed a Double bottom on 1 hour time frame. 2. Bullish divergence has been formed. 3. A long position can be considered once the resistance level around 0.84184 is broken.

dawoodabbas26

1. AUD CAD broke the resistace level around 0.91376 after forming a bulllish rectangle. 2. A long position can be considered with stop loss around 0.9440 and TP around 0.91300 3. Bank of Canada has reducded the interest rate to 4.75% from 5% This indicates that central bank has dovish stance. 4. Australia central bank has hawkish stance as interest rate remained...

dawoodabbas26

CAD JPY has formed a bullish wedge on 1h time frame with divergence on RSI. A long position can be considered once the resistance level around 108.550 breaks.

dawoodabbas26

US OIL has formed bearish divergence on 1d time frame , and is currently at the support level. If the support breaks we can expect a downward movement and a retest of support around the level of 77.5

dawoodabbas26

EUR GBP is forming higher highs and higher lows on 1 hour time frame. Currently its close to lower trend line. A long position can be considered here.

dawoodabbas26

EUR CHF is forming a bullish flag formation and there isn't any bearish divergence on RSI. Once the resistance level around 0.9696 breaks , a long position can be considered

dawoodabbas26

EUR NZD is in a bearish parallel channel. Current its at trend line and support level. A correction can be seen from here till the upper trend line. A short position can be considered when: 1 .Once it get retraced to 0.36 fib level, and a red candle is formed 2. Or when it touches the upper trend line. In both cases , the stop loss can be last lower high.