We can easily see the formation of Falling Wedge on 4hours and 3 hours Time Frame. EURUSD has touched its First support and lets hope it respects and repels it from here.
EURUSD dropped by almost 0.06% as inflation fears increased due to Fed's latest statements. Possible effects for traders Today, Germany will release the second assessment of Q4 GDP and the GFK Consumer Sentiment Index. Another important event is the U.S. PCE report for January. Overall, the Fed seems ready to continue further rate hikes, supporting the U.S....
The EUR/USD needs to avoid a fall through the $1.0600 pivot to target the First Major Resistance Level (R1) at $1.0623 and the Thursday high of $1.06278. A return to $1.0620 would signal a bullish session. However, the EUR/USD would need today’s stats and the ECB chatter to support a breakout session. In the case of an extended rally, the bulls will likely test...
We can clearly see a formation of Falling Wedge . We can expect a breakout soon enough. Provided that EURUSD respects the Chart Formation
GBPUSD has tested the support zone and ready to boom. Use proper risk management. Lets Download Success
USDCAD seems like it has found resistance to favor bears. Use proper risk management. Lets Download Success
USDZAR has been on a bullish trend for some time, bears are trying to take over. Lets Download Success .
FX:EURUSD Good to long. Long term trade. Hold till TP for more gains 🚀.
FX:GBPUSD Good to short.Long term trade.hold till TP for more gains 🚀
FX:USDCAD Good to long.long term trade. Hold till TP for more gains 🚀
The EUR/USD needs to move through the $1.0660 pivot to target the First Major Resistance Level (R1) at $1.0682 and the Tuesday high of $1.06983. A return to $1.0680 would signal a bullish session. However, the EUR/USD would need today’s stats and the Fed minutes to support a breakout session. In the case of an extended rally, the bulls will likely test the Second...
EURAUD has been on a bearish trend for some time now, we are witnessing a retest on our resistance and I am expecting a strong bearish trend continuation. Wish you all a successful trading session. Lets Download Success.
Gold is in a parallel channel in Week TF. One leg of downside possible to $1580-$1600 for a big upside movement. Sell Gold at $1880-$1850 for a $1600. Buy Gold at $1580-$1600 for a target of $2200-$2500.
USDZAR price action, all stop losses above the resistance zone. Wish you all the best. Lets Download Success
AUDUSD may fall hard. Probability: Medium Wish you all the best. Use proper risk management. Lets Download Success
EURUSD. I am expecting a strong bounce here on this support level. Probability: High Remember to use good proper risk . Lets Download Success.
EUR/USD ANALYSIS Better than expected EZ PMI and ZEW economic sentiment aren’t enough to hold back risk-off environment. Falling wedge in play which could point to subsequent upside to come. EURO FUNDAMENTAL BACKDROP The European trading session kicked off in a positive light this Tuesday from an economic standpoint; beginning with eurozone PMI data (see...
Its having a lot of selling pressure and due to some dumb reasons bulls are not stepping in. It was very much hilarious to see how it kept on bouncing from 1.07 level. Anyways please keep in mind the following levels for any trade set up today. 20th Feb DH - 1.07045 DL- 1.06701 21ST FEB PIVOT - 1.0686 R1-1.0703, S1- 1.0668 R2-1.0721, S2- 1.0652 R3- 1.0755,...