📈Trading with TradingView | Peggy Srikitsadarom | 5 March 2024
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📈Live Analysis Session | Peggy | 4 March 2024
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Gold continues to sit nicely in a strong bullish channel. The major support is at 2038 which is a pullback support level - price could potentially bounce off this level before rising towards our 1st resistance at 2056 which happens to be a multi-swing high resistance.
Alternatively, if price breaks the pivot and ascending channel, we could see it drop towards 1st...
Price is in a large ascending channel suggesting there might be bullish momentum pushing prices up. Our pivot is at 0.8822 which is a pullback support level - if price were to bounce from this level, we could see it rise towards the 1st resistance at 0.8877 which is a recent major swing high resistance.
If price were to break the pivot, we could see it drop...
USDNOK expected to rise up to 1st resistance at 9.03979 where it could potentially react off and drop down to 1st support at 8.93861.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed off its resistance at 1.31335 where it could potentially drop further to 1.30917.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD reversed off its resistance at 0.68486 where it could potentially drop further to 0.68321.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSD bounced off 0.65816 where it could potentially rise further to 0.66017.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD bounced off 1.31335 where it could potentially rise further to 1.31856.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversed off its resistance at 75.492 where it could potentially drop further to 74.960.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversed off its resistance at 75.273 where it could potentially drop further to 74.715.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed off its resistance at 1.30950 where it could potentially drop further to 1.30425.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSD bounced off 0.65816 where it could potentially rise further to 0.65982.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD is expected to drop to 1st support at 0.68003 where it could potentially react off and up to 1st resistance at 0.68807.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK expected to rise up to 1st resistance at 8.97772 where it could potentially react off and drop down to 1st support at 8.89307.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD reversed off its resistance at 0.68807 where it could potentially drop further to 0.68144.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
