Hey there! Are you wondering whether GBPUSD will rise or fall today? Let's explore and find out together! Yesterday, GBPUSD continued its downward trend, seemingly solidifying its bearish trajectory by breaking below the support level at 1.261. The reversal signal from the 34 EMA line further indicates that the bear camp is currently dominating the market....
On Tuesday, GBP/USD recorded a bullish rally, reaching a high of 1.2670. However, this upbeat event did not last, and the pair lost its upward momentum in the second half of the day, when it finally traded below 1.2650 light to Europe Wednesday. Despite signs of technical indicators suggesting an increasingly strong bearish trend, the price currently remains...
GBPUSD prints mild losses around 1.2630 while paring the first weekly gains in three, so far, as traders await Thursday’s final prints of the UK and US Gross Domestic Product (GDP) for the fourth quarter (Q4) of 2024. In doing so, the Pound Sterling struggles to defend the previous week’s rebound from the 200-bar Exponential Moving Average (EMA) amid downbeat RSI...
the 15 min time frame price action had sweeped the buyside liquidty and immediately turned to the bearish side indicating that the price is trying to push down by trapping the buyers on the wrong side of the bigger move which is to the bearish side
HL in Daily TF HL in Daily 4H so directly went down to 30M and also got a reversal so took this trade. Also we have trendline there Lets See how this trade goes
Go through the analysis carefully, and do trade accordingly. Current price- 1.26300 "if Price stay below 1.28000 then next target is 1.25300 and 1.24300 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by...
Go through the analysis carefully, and do trade accordingly. Current price- 1.08300 "if Price stay above 1.07900 then next target is 1.09000 and 1.09500" if Price breaks 1.07900 then next target is 1.07000 and 1.06600 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of...
"Hello dear traders! Today, it seems that USDJPY is frozen in time, hovering unchanged as it looks up at the peak around 151.700, a record high it has recently reached. Market pundits are taking a cautious stance towards USD/JPY, predicting that a Fed interest rate cut is not just a possibility but an inevitability; it's a question of 'when' rather than 'if'....
The 1 hour pattern suggest a double bottom pattern as support. With the trend line break we can look for a buy in NZDUSD, Use tight stoploss as mentioned in setup. DM for any pair setups. Have a nice ride
Hello, dear friends! What do you think about EURUSD today? As predicted, EURUSD has faced difficulties in breaking the resistance level at 1.086 and has started to retreat. The slight increase in the US dollar has led to a defensive risk sentiment, contributing to a mild decline in EUR/USD to the area of 1.0830, amidst increasing caution ahead of the release of...
the 4hr time frame: the price had been bearish in this time frame. and there was an unmitigated ob in the 4 hr which had the potential to push the price downwards 15 min timeframe: the price had been making higher highs and higher lows, as soon as the price made a choch of character in the time frame i looked for an entry in the pullback where the smaller time...
Hello wonderful people! Let's dive into GBPUSD insights today. In today's North American trading session, the British Pound is making a modest comeback against the US Dollar, thanks to speculation that the Federal Reserve may cut interest rates in June. At this time, GBP /USD is trading at 1.2657, marking a 0.16% gain on the day. Essentially, GBP/USD is forming...
Hello everyone! EUR/USD has bounced back after two consecutive losing sessions, marking a comeback from recent weeks' lows around the 1.0800 light, countering the US Dollar's bearish bias. Starting the new week on a lighter note, the Greenback's recent rally has weakened, sending the US Dollar Index (DXY) falling below 104.00, despite US interest rates being...
buy side is very sell side some risk also there sell trade on tue weelky high
usdcad breaking a neckline good fall will occure USDCAD grand fall comeing due to neckline break of the triangle pattern grab it all seller thank you with a little stop loss
Hello dear traders! What do you think about EURUSD today? After a strong increase on Wednesday, EUR/USD turned bearish on Thursday, ending the day in the red. The downward trend continued into Friday, with temporary trading fluctuating around the 1.0800 level. The strength of the US dollar has truly reversed the direction of EUR/USD, aligning perfectly with our...