As you see in the chart, XAUUSD has been very bullish and rising significantly in the past few days. Currently, price is approaching to the last recent high at 1879: Since price has been rejected in the last time from this level, we can expect another rejection and a drop on price for the second time with a target around 1850 On the other side, since we are in...
We are in a downtrend and price has made lower lows and lower highs. Currently, price is moving up to retest the yellow broken level. Since, we are in a downtrend, if price retests the yellow level and gets rejected from it, I expect a drop on NG to the marked green levels. On the other hand, since price failed to break the last major low and could not make a...
All eyes on todays USD news. Xauusd has gained strength since last week and has been on a bullish path and current at 1827 region. 1829/32 will stand as a strong resistance and above that we can see bull will roll the dice to 1838 zone On the contrary, 1818 is acting as a strong support zone and below that we can expect the bears to take the game towards 1812,...
While making GBPUSD outlook for the week i noticed an awesome 5:1 r/r position that fits right into my trading plan. Had to take it, had to share with you all. I am not the biggest fan on placing entries on small TF's, but thats why proper risk management is they key to testing out ideas.
Price is in a strong bullish trend and is bouncing in a bullish expanding triangle pattern. Currently, price is pushed to the upside after touching the triangle’s lower side and the last 4H candle has engulfed the previous candles which is a good bullish sign. I expect a rise on NG towards the upper side of the pattern which is also a resistance level from...
Strong return from support We expect to climb to the target range in the first step
As we said last month, the long-term trend in gold is declining for us. Given that we have a lot of news about interest rate changes this year, we expect a lot of fluctuations for gold. Our best modeling for gold.
Achieving the mentioned goals is not unlikely if the supply increases.
As you see in the chart, we are in a downtrend and there is a resistance level at 4.182 which has pushed the price to the downside. Currently, price is facing a bullish pressure which may push it to retest the resistance level one more time (We may see a double top pattern creation). There’s a support level at 3.962, and if price breaks this level to the...
AUD/USD🔼 USD/CAD🔼 GBP/USD🔼 USD/JPY 🔽 NZD/USD🔽 EUR/USD🔼 USD/CHF🔽 Tuesday's trading session was marred by choppy, unexpected trading conditions for the second consecutive day. The S&P 500 is still trading in the red ahead of the US close. Still, it has rebounded sharply from earlier session lows, providing a sense of foreboding following yesterday's fierce...
Looking at price action on some of the different hourly timeframes + high probability retracement opportunity on GBPNZD. Be sure to check out the next post i make which is my analysis of this same pair from a higher timeframe perspective. Show some love and leave a comment telling what you think about my analysis.
The global ounce of gold is on a downtrend (correction), the downtrend line is broken but the price is still moving below $ 1830. If the price stabilizes above 1830, we can have the first long-term trend changes. But looking at the valid moving averages 50 and 100, which are very useful numbers in gold, we notice a negative failure in these two moving averages,...
xauusd sell zone forex signal price is reach daily level and creat a 4h pivot and we can open short trade in this chart xauusd open short:1824$ tp:1813$ tp:1805.5$ tp:1797.7$ sl:1829$
Brent Crude Oil has reached the Key physiological level of 80.00. On Friday the price surpassed the 82.50 area however since then the price has been unable to break past the previous high. On the Daily and 1hr time frame, the RSI levels are in oversold areas which indicates a sell on a short-term bias sentiment. The initial target for this trade is located at...
USOIL has a bullish trend and price broke the daily resistance zone from November 2021, and could fix above it. In the 1H chart, a little symmetrical triangle pattern and also a pennant pattern have been made by price. Currently, the pattern is broken out to the upside by a strong large bullish candle closure above it. We can expect more rise for USOIL to the...
gold is currently trading above the 200 ma and also we have a cross of the 2 moving averages above the 200 ma which indicates a buying momentum and we may see price make a push from here higer. entry 1814.03 stop loss 1798.40 take profit 1831.23 risk what YOU CAN AFFORD to lose or 1%
Bitcoin is in a very red market this week, and we’re looking for the downside to continue further, below the $40,000 mark. Technically the coin is holding below the 50% fibo level resistance. The RSI is also now trading at bearish levels, as is the MACD. Price is also capped below the resistance trendline. Downside Target: 37,500 Violated Above: 53,300