gbpnzdam looking at a buy on this pair since it broke the trend indicating a change of trend also the support has been tested meaning it would be a good area to go long Longby gathukumiruhiu0011
USDJPY Flag patternUSDJPY looking bit bold if it breakout upper level. Targets will be bit bold. by ashishhcUpdated 8
SELL NZDCHF - 1Dlong downtrend, following the levels and preparing for a bearish moveShortby AmitTrades0
Eurgbpbearish market H4 This gauge displays a real-time technical analysis overview for your selected timeframe. The summary of Euro / British Pound is based on the most popular technical indicators, such as Moving Averages, Oscillators and Pivots.Shortby akjcapitalenterprises0
USDJPY SELLslight sell for usdjpy to meet support for prev uptrend, nfa just noticedShortby almightykheganUpdated 228
USDJPY SELLrisky big short on usdjpy nfa just read the chart. looks like a drop from a continuation zone/channel. tp can be shorter if desired. Shortby almightykheganUpdated 113
Overbought RSI, 1.2810 hurdle will test GBPUSD bullsGBPUSD rises for the third consecutive day while refreshing the two-month high. In doing so, the Cable pair cheers a pullback in the US Dollar, as well as the recent hawkish commentary from the Bank of England (BoE) officials. However, the overbought RSI (14) conditions will join a downward-sloping resistance line from July 2023, close to 1.2810 by the press time, to test the buyers. In a case where the quote remains firmer past 1.2810, the yearly high marked in March around 1.2895, quickly followed by the 1.2900 threshold, will precede the 1.3000 psychological magnet to attract the bids. Alternatively, the 61.8% Fibonacci retracement of the GBPUSD pair’s July-October downside, near 1.2720, acts as immediate support to watch during a fresh pullback. Following that, April’s high near 1.2710 and the 100-SMA level surrounding 1.2630 should lure the Pound Sterling bears. It’s worth noting, however, that the Cable pair’s bearish trend remains elusive unless witnessing a daily closing beneath a convergence of the 50-SMA and a five-week-old rising support line, close to 1.2580 as we write. Overall, the GBPUSD pair marches toward the key upside hurdle as most traders return to their desks after a long weekend in the US and the UK.by MTradingGlobal0
AUDUSD buy setup Pair: AUDUSD / 4hours chart Buy Setup Area 0.66150 Technical analysis + break out channel + Demanzone/ retest Turn over Area 0.68 + Monthly Resistance Buy target range 180 pipsLongby tranvu131997Updated 0
NZDCAD - TRADE ON SHORT SIDESymbol - NZDCAD NZDCAD is currently trading at 0.83500 I'm seeing a trading opportunity on sell side. Shorting NZDCAD pair at CMP 0.83500 I will be adding more if 0.83750 comes & will hold with SL of 0.84100 Targets I'm expecting are 0.82660 - 0.82100 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!Shortby akshit_officialUpdated 8
reaons am on a usdchf sell price broke the trend and also rejected that resistance meaning we might see the price droping to the beow supportShortby gathukumiruhiu001Updated 1
USDJPY May 27, 2024 Has the price started to rise?Looking at the H1 chart we see that the price is in wave 4 - Wave 4 target at price range 156.55 - Then the price continues wave 5 with wave targets at 157.4 and 157.83 We watch to buy at 156.55 after the candlestick reversal signal appears Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment. Longby DEEKOPUpdated 2
EURUSD May 27, 2024 Has the complicated adjustment process endedWe watch the price to the target price zones of 1.0783 and 1.0787 to look for candlestick reversal signals to buy. Looking at the H1 chart, we see that this adjustment process is a complex adjustment process with an abcde pattern. - The price has completed wave d and is followed by a decrease to complete wave e - Looking at the H4 momentum indicator, we see that the momentum is in the overbought area - Continuing with the 3 green zones on the H4 chart, we see that we currently have 3 price zones lacking liquidity so the price will return to these zones to fill liquidity. - From the above data, we have the formation of a bearish wave e to end this correction - We measure 2 target price ranges to end wave e + The first zone is the price zone 1.0783 + The second price range is the price range 1.0787 trading plan We watch the price to the target price zones of 1.0783 and 1.0787 to look for candlestick reversal signals to buy. Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.Shortby DEEKOP3
USDJPY retreats within rising wedge on US holidayUSDJPY snaps a three-day winning streak early Monday even as markets lack momentum amid holidays in the US and the UK. In doing so, the Yen pair pares the previous weekly gains as mixed concerns about the Bank of Japan’s (BoJ) next move join a cautious mood ahead of this week’s key inflation clues from Japan and the US. It should be observed that the USDJPY pair’s latest pullback takes place from the resistance line of a three-week-old rising wedge bearish chart pattern. The retreat also gained support from the RSI (14) line’s fall from the overbought territory and the bearish MACD signals, which in turn suggests a continuation of the quote’s latest declines toward the 156.00 threshold. However, a convergence of the stated wedge’s bottom line and the 200-SMA, near the 155.25-15 region, closely followed by the 155.00 round figure, will be strong support for the bears to conquer before taking control. Should the pair remain weak past 155.00, a five-week-old rising support line near 152.6 and the monthly low of near 151.85 will be in the spotlight. Meanwhile, the USDJPY pair’s fresh recovery needs a clear rejection of the rising wedge bearish chart pattern by crossing the 157.30 immediate hurdle. Even so, the monthly high near 158.00, the 160.00 threshold, and the recent peak of near 160.20, as well as the year 1990 top surrounding 160.40, will offer intermediate halts during the quote’s further run-up. Overall, USDJPY is likely to witness a pullback in prices but the downside remains elusive beyond 155.00.by MTradingGlobal0
USDJPY - SHORTPrice already in my area of value, just waiting for the market to tell me to get in on a short. 73.82% of traders holding short positions (short-to-long ratio of 2.82 to 1 (They raised their position compared to yesterday) Here, I have another juicy setup on this USDJPY, it is not too late to take an entry now, an entry for a short. I opted to enter for short on this pair. Stop-loss orders have their place, and I trusted my eyes more than my heart. Short Bias for the upcoming week. - --------------- **First Scenario - Short:** First Target: $155.00 Second Target: $153.50 Entry: $156.95 Stoploss: $157.30 **Second Scenario - Long:** Initial Target: $159.5 Entry: $157.20 Stoploss: $156.75 - --------------- Take into consideration: Psychological Resistance at $160 Psychological Support at $152 - --------------- NFA DYOR - --------------- Good Luck! ⚠️ Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.Shortby irfanp0561
NZDUSD Prediction & Analysis | Next WeekAs per Technical Analysis the price is break major resistance & sustain above this level, If price sustain above 0.60600 that can be possibility to move upper side.Longby paontakaran0
USDCHF MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading1
SELL15min OB swing high and low fixed wait for ob mitigation and we need 1min choch Shortby Vicky19fx12
Eurnzd long possible Eurnzd buy 1.77234 Stop loss 1.76500 Target 1.79222 Lot size recommended 0.01Longby ManpritSingh07860