The currency pair is consolidating between 83.25 & 83.55 for the second consecutive week. It is observed that the currency pair is drifting back in to the rectangle. The indications are that the pair may re-attempt 83.10 and possibly 82.95 once before attempting higher levels. The market will try to position itself for covering the Imports on any dip. Markets were...
Current Context GBP/USD ended its four-day winning streak, posting a decline following a correction on Thursday. Currently, the pair is steady on the downside, trading at around 1,262. Of note is the formation of a short-term top on the one-hour chart, representing a downtrend according to the Elliott Wave Principle. Technical Analysis Monitoring technical and...
Recent Summary: EUR/USD showed resilience on Thursday but soon encountered strong resistance at the descending trendline, leading to a fresh downward correction. The important support level at 1,076 is currently a solid fulcrum for this currency's recovery hopes. Market Assessment: The support level at 1,076 is showing significant resistance, laying the...
we are waiting for retracement on extreme level and we have idm also and we need 15min choch
AUD/CHF make or break level, AUD/CHF is at important level Forming a Channel Pattern in daily TF. Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
GBP/USD is in a 4 Hour Downtrend. Price is reaching a downtrend trendline and a major resistance level. Price has already rejected to move forward at the current levels marking at as a major resistance level. I am going short.
In the context of the first rays of dawn in Asia, EUR/USD suddenly exploded, reaching the symbolic level of 1.0850. This recovery was fueled by tension from the USD index, after the shock from the US ISM Services PMI did not meet expectations in March. Then, profit-taking comments from the Fed Chairman Powell added even more "water to the cup", sparking a big move...
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...
4 hr resistance area. 4 hr order block area.so small sl maintain than trading.
Symbol - USDSEK USDSEK is currently trading at 10.80500 I'm seeing a trading opportunity on sell side. Shorting USDSEK pair at CMP 10.80500 Holding with SL of 10.84000 Targets I'm expecting are 10.60000 & 10.48000 This is a high risk trade with small SL & big targets. Let's see what happens! Disclaimer - Do not consider this as a buy/sell...
Analysis The advance from Oct. 03, 2023 low of 1.0448 to 1.1140 subdivides into five waves. This wave pattern is significant because impulse waves identify the direction of the dominant trend. Thus the five wave advance implies further buying to come that would take prices above 1.1140 as wave 3. The subsequent decline in EUR/USD is developing in three...
Support resistance bass trading. So support this place. Small sl maintain
Hello dear friends! Overall, Wednesday saw a stunning comeback for the British Pound, as it quickly regained strength from its seven-week low at 1.2539. A combination of comments from senior officials at the Federal Reserve and data on the US services sector that missed expectations created a strong headwind for the US Dollar, pushing it went lower for two...
hello friends as you can see in 4 hr chart market making hidden divergen most portability market will go up site i hope you like my idea thank you.
4hr resistance area ... So watch next plan your trading. Sl maintain