EURUSD picks up bids to 1.0930 as traders consolidate weekly loss amid a sluggish Asian session on early Wednesday. In doing so, the Euro pair recovers within a one-month-old bullish trend channel amid upbeat RSI and MACD conditions. It’s worth noting that Tuesday’s Doji candlestick adds strength to the quote’s corrective bounce. With this, the buyers are likely...
Traders must wait for the price to cross the marked zone. Avoid market orders now. All the best.
Expecting momentum above 147.15 Target is 147.800 Manage your lot size and trade smart.
DYOR AND TRADE at your own risk it just demo trade .CPI News ahead volatile will be heavy please trade safe FX:GBPUSD #forex
EURUSD took Dot Support from our Level Eurusd took perfect support from 15 min FVG & Daily FVG and now heading towards its Target Target 1.09655 - 1.09995
GBPUSD regains 1.2800 after snapping a six-day losing streak, making rounds to 1.2820 heading into Tuesday’s European session. In doing so, the Cable pair portrays the market’s cautious mood ahead of the all-important UK employment data and the US Consumer Price Index (CPI) figures. That said, the overbought RSI (14) line joins the pre-data anxiety to test the...
In the dynamic forex market, USD/JPY is at a critical juncture as a potential breakout looms. However, recent indications suggest that if this breakout fails to materialize, the pair could face increased vulnerability on the downside. Traders are closely monitoring key support levels and market sentiment for clues on the direction of the USD/JPY pair. Stay...
With the USD/CHF pair exhibiting resilience and strength, traders can capitalize on this situation by strategically entering long positions. The trapped sellers below the rising range support are likely to fuel upward pressure, propelling the pair to higher levels. By aligning with the prevailing trend and leveraging the trapped sellers' predicament, traders can...
Hello dear friends! Today, EUR/USD is trading in a tight range below 1.0950 in the morning of Monday in Europe, extending its sideways movement in the context of a stable US dollar and mild risk sentiment. Traders are cautious about placing new bets on the major currency ahead of the US CPI data release on Tuesday. This will be a significant news that will...
Hello traders, this is a comprehensive analysis report. The price reversal is going up, indicating a strong buying opportunity for USDJPY. Traders, if you like this idea or have your own perspective on it, please leave a comment. I would be delighted to hear from you.
USDCHF Short off of a daily key market area. Expected hold time is a few days to a week. Expected RR is +3R. All confluences and entry conditions are on the chart.
Aussie-dollar trend in recent times has violated the characteristics of a proper downtrend. Looking at the 1W TF, there was a lower high (LH) and lower low (LL) seen on April 4 and October 10 2022 respectively. Price rallied to the Willis zone at Fib 0.5 to 0.61 on January 30 2023 and plummeted downwards with an expected target of 0.61900 completing a 100%...
we can see clear rejection of price at 189.00 at 30m time frame we can sale here SL above 189.1 and traget ration 1-2
USDJPY seesaws at the lowest level in five weeks as bulls and bears jostle after the biggest weekly loss in eight months. In doing so, the Yen pair fails to justify better-than-previous Japanese GDP while challenging the four-day losing streak. That said, the oversold RSI (14) conditions and the 200-SMA support of near 146.30-25 also challenge the quote’s further...
In this technical analysis, we dissect the recent breakdown of the head and shoulders pattern on the AUD/USD currency pair, signaling a potential bearish trend reversal. We examine key levels, indicators, and price action, providing insights for traders looking to capitalize on short-side opportunities in the market. Stay informed and navigate the foreign...
CHFJPY showing Selling pressure on QUARTERLY / MONTHLY time frame. If MARCH candle closes as RED, it may go down till any GOOD QUALITY monthly / quarterly DEMAND AREA. In that case it can create good quality Supply Zones on Lower Time frame (Daily, 12hrs, 8hrs, 4hrs) with good risk reward ratio (minimum 5:1).
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...