The trend retest in 1.06128 at 0.236 Fibonacci Retracement level. A possible downtrend to 1.04824 at 0 Fibonacci Retracement Level. The Federal Reserve still considering to increase the interest rates due to a still high US inflation rate. The Fed has implemented a series of interest rate hikes in an effort to tame inflation that had been at its highest level...
A possible continuation of the uptrend. Flag Pattern. The trend start a flag pattern and push the trend to 136.511 at 0 Fibonacci retracement level. possible continuation of uptrend to 137.700.
the price retest in 0.63664 at 0.382 Fibonacci Retracement level. Expect a possible down trend to 0.63184 at 0 Fibonacci Retracement level.
XAUUSD is pushing down, could possibly touch the 1786.92 at at 0.5 Fibonacci Retracement level.
A possible down trend to 0.67730 at 0.382 Fibonacci Retracement level.
Retest in 0.69265 at 0.236 Fibonacci Retracement. Possible down trade in AUDUSD due to possible increase in interest rates by the Federal Reserved. still focus in the Federal Reserve report and CPI Report.
You can see that after the the price almost touch the 1893.35 at 0.5 Fibonacci Retracement level, the price keep pushing down passing the 1858.32 at 0.236 Fibonacci Retracement level. The down trend could touch the 1827.02 at 0 Fibonacci Retracement level, which is also a Fibonacci Retracement level at 0.382 starting from 1957.20 at 0 Fibonacci Retracement level
UPDATE You can see that the price touch the 0.70062 at 0.5 Fibonacci Retracement level in my previous publish and make a bearish trend at the 0.69265 at 0.236 Fibonacci Retracement level, expect a possible more down trend to the 0.68553 at 0 Fibonacci Retracement level.
AUDUSD a possible down trend due to possible Federal Reserve increase interest rates.
Like my previous published, the resistant level price point at 1957.20 at 0 Fibonacci Retracement level take a bearish trend pass the price 1876.83 at 0.236 Fibonacci Retracement level and now retest again in this level with EMA 200 Indicator, expect a possible bearish trend.
EURCAD UPDATE Having a bit of profit in this bearish trade. $$$$ Before trade, make sure to look for conformation for the trend.
The chart for XAUUSD could be a bearish trade given that the Federal Reserve increase interest rates to 25bp, this Federal decision could affect the XAUUSD trade favor to USD side, but according in the Federal report by Jerome Powell, Chairman of Federal Reserve, "that is for Congress to raise the debt ceiling so that the United States government can pay all of...
EURCAD could be a bearish trade, touching the resistance. Forex Disclaimer. This Published idea is intended to be used and must be used for information purposes only and not for investment advice. It is important to do your own analysis in forex trading before making any investment based on your own personal circumstances. Regardless of anything to the...
You can see at the chart that the the traders are trying to push the price at 0.71040 resistance and the possible trend could be bearish if the price hit in that resistance price point. If this trend becomes bearish, the possible target price could be at three level price according to the Fibonacci retracement, It could be at 0.67730 at 0.382 Fibonacci...