Hello friends! The hesitant movements of the US Dollar (USD) seem to have created enough momentum for the continued uptrend of EUR/USD at the beginning of the week. However, the pair failed to retest or clear the key hurdle at 1.0800 for a fourth straight day of gains. The sideways trend is expected to persist and the pair will soon encounter resistance at 1.0800.
Symbol - EURUSD EURUSD is currently trading at 1.06350 I'm seeing a trading opportunity on buy side. Buying EURUSD pair at CMP 1.06350 I will be adding more if 1.06000 comes & will hold with SL of 1.05500 Targets I'm expecting are 1.08030 - 1.08500 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
EUR/USD is trading steady around 1.0750 at the start of the new week after a positive week. Technical analysis suggests that the pair could continue to rise in the near term as the price range widens. US economic data that did not meet expectations weakened the USD's strength on Friday, pushing the EUR/USD exchange rate higher at the end of the week. A further...
it's extreme ob wait for choch in LTF displacement also there
As we can see on weekly TF , price continue to make LH & LL and continue its bearish trend. W ST. & OF remain bearish n may take support 1.23374 around... on D TF , we have bearish structure & order flow too which shows bearish continuation and have supply zone (1.26134 - 1.27094) , price may retrace till DAily supply zone n continue its bearish journey till...
Symbol - USDTHB USDTHB is currently trading at 37.064 I'm seeing a trading opportunity on sell side. Shorting USDTHB pair at CMP 37.064 I will be adding more if 37.400 comes & will hold with SL of 37.620 Targets I'm expecting are 36.400 - 36.000 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position....
Hello friends! GBP/USD is struggling to maintain its upward momentum and is trading below 1.2550 during the US session. Earlier in the day, disappointing April jobs reports from the US triggered a USD sell-off, pushing the pair to multi-week highs above 1.2600. However, it failed to hold this level and quickly fell to 1,254. On the other hand, the daily chart...
Here we can see a high time frame resisting trendline . It is inviting sellers to go up side . But as it has travelled a lot it needs a retracment to move again . We should wait for breakout and be sideways to make sure a retracment. It would be a great 1:4 risk reward trade . I hope you guys would my analysis. Thank you
EUR/USD LONG TRADE. above the resistance line, it will spike move or retest then entry. this is high momentum trade. always use SL must
On Tuesday, the Reserve Bank of Australia (RBA) kept its monetary policy unchanged, as expected, and dragged the AUDUSD pair back from an intraday high. With this, the Aussie pair defies Friday’s breakout of a four-month-old descending resistance line, terming it the “false breakout” or “fakeout”. In addition to the fakeout, the RSI’s retreat from the overbought...
USDJPY bounces off a one-month low to snap a three-day winning streak early Monday. In doing so, the Yen pair takes a U-turn from the 61.8% Fibonacci ratio of its March-April upside amid a nearly oversold RSI. Given the receding bearish strength of the MACD signals and the quote’s rebound from the key Fibonacci ratio, as well as the RSI (14) line’s recovery from...
FOREXCOM:CADCHF most probably scenario. I’ll be shorting it once it comes to poi
Hello 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...
Hello 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...
Hi everybody! In the first trading session of the new week, the EUR/USD exchange rate increased to 1.0800 due to the weakening of the US Dollar. The USD faced a significant sell-off after the US Bureau of Labor Statistics (BLS) released a report, showing weak labor demand and a slowdown in wage growth in April. This decline pushed the US Dollar Index (DXY) to a...
As seeing this chart pattern there is great opertunity and Good risk to reward ratio for sellers. We can expect good volume and quick moves at this range. Good opertunity to involve in this trade .
Hello all of you! On Thursday, the EUR/USD pair rebounded to the highs of the recent consolidation period, surpassing the 1.0700 handle. This recovery comes as markets readjust to risk sentiment ahead of the release of the US Nonfarm Payrolls (NFP) report on Friday. Price action has taken place around the 34, 89 EMA, as the market waits for clear momentum to...
ITS better to take position at this level to take good risk to rewrd ratio