The EUR/USD pair is trading with a softer tone as the US dollar (USD) modestly rebounds in early Asian trading on Monday. The market will be paying attention to the US PCE inflation data for January this week, which could cause some volatility. At the time of writing, EUR/USD is trading at 1.0818, down 0.01% on the day. With the possibility of forming a head and...
USDJPY rose in the last four consecutive weeks even if the US Dollar Index (DXY) snapped a five-week uptrend, amid an increase in the near-term US Treasury bond yields and chatters about a delay in the Bank of Japan’s (BoJ) delay in ending the ultra lose monetary policy. It’s worth noting, however, that the technical signals are against the Yen pair buyers as the...
Hello dear readers, it's RKarina here again. Currently, EURUSD has temporarily closed its trading activities and halted at the level of 1.081. It can be observed that the past week was a profitable trading week for buyers as the price was consistently supported and moved up from the newly established support level at 1.070. As a result, the risk sentiment has...
Chart Analysis: As per weekly timeframe, it has made a 'Bullish Engulfing' pattern after three consecutive bearish weeks taking support in the pivot line of '1.25566', with RSI above 50 and mildly rising, and above 10 and 20 DEMA. But keeping in mind, there is a rejection around '1.27100' level. Technical Analysis Hawkish stance from BOE, and good monthly...
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...
Q&M pettern will create Sell side will go Fibonacci level also
The currency pair continues to be in a the narrow range The pair traded between 82.81 and 83.01. it appears that the pair is behaving like CNY, as we observe that both the sides are protected and there is no action and best we can assume that the band is marginally lowered to 82.80 83.10. A few observations a. Expect the range of 82.70 - 82.90 would hold for...
Dominant break out and retest and order block So buy zone
The Fed left interest rates unchanged as expected at the last meeting while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut. The US CPI beat expectations for the second consecutive month with the disinflationary trend reversing. The US PPI beat expectations across the board by a big margin. The US Jobless...
Hello everyone, today EURUSD has risen higher on Thursday, testing the highest bid price since early February before returning to the 1.0800 area after the European and US Purchasing Managers' Index (PMI) data came in slightly lower or contrary to expectations. With the ability to create DOW from the chart using Fibonacci retracement levels, the upward movement...
Hello everyone, it's RKarina here again. Overall, GBPUSD continues to trade in an upward trend. So, what factors are driving this upward momentum? Today, the GBP/USD pair achieved modest gains above the 1.2600 level in the early Asian trading hours on Friday. The decline of the US Dollar provided some support for the major currency pair. Currently, GBPUSD is...
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
1:2 , short Breaker entry type Asian high taken out and liq engineered below Tp till 1hr ob or to the trend liquidity
MY analysis is already playing out I'm super excited and super grateful for this this is my time. VHT your mentor signing out
My analysis on the EURUSD overall we are bearish, but temporarily bullish unless there is a break of the trendline. VHT your mentor signing out
GBPCHF Technical Analysis According Lone Because, GBPCHF Moved in Ascending Channel And it has Completed it 78% Right Correction. Now I think GBPCHF is the Sell. for Short Time Trade.
EURGBP Technical Analysis According Lone Because, EURGBP Falling Wedge or Descending Trend Line Breakout or Retest Complete so EURGBP BUY FOR Long Time Trade.