Hello, The GBPUSD pair break the trendline on H4 timeframe. Then the market consolidated in a range. I think this is a good time to take a long. Good luck.
Hello, How are you all? I see a potential long setup on EURUSD daily timeframe. There are several confirmations on the chart. So, I hope the EURUSD pair will break above.
The EURUSD pair moves down. US economic data was better. We may see some correction of existing trend and finally go towards the downside.
Hello Friends, How are you all? What do you think about dollar index? I think dollar index will continue its upward trend next week. Thanks
Trendline break, Resistance break will push it higher. But better to wait for retest and candlestick formation.
USDCAD breakout and reset. I think this is an opportunity to take a short trade. USDx index is moving higher. But wait for the support and setup on the lower timeframe.
I like to take a short on XAUUSD. # The recent USD index shows an upward movement. # Gold failed to break the resistance. # But remember the trendline of 4 hour chart.
I see a Head and Shoulders patterns in EURUSD Daily Timeframe. Break of the second trendline can give a short opportunity.
# Wait for the breakout of trendline. # Consider the fundamental factors. # Candlesticks for confirmation.
EU will test a major resistance @ 1.0850. If EU comes back, I will take a short position.