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Dailyanalysis

GBP-USD DAILY CHART BEARISHI'm on the daily timeframe here, something I don't normally look at, but found something I thought I'd share. I noticed a trend line here with a strong fundamental and technical lvl of resistance, and went back as far as needed to find a fundamental lvl of support (March 2020) which seems to fit pretty well here in my analysis. Since I'm not familiar with the daily I don't know if it will actually take till the end of November/beginning of December to reach that anticipated lvl of support but we'll come back to this analysis and see what's good. Leave feedback alwayssss tryna learn!!!
Short
by BandmanB3
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has left the triangle sideways and is currently just above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $16727, if the support is broken then the next support is $16451, $16234 and $16015. Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16967, if you manage to break it the next resistance will be $17352, $17649 and $17964. Looking at the CHOP indicator, we see that in the 4-hour interval we have a lot of energy for the next move, while the MACD indicator indicates that the blue line is above the red one, which confirms the maintenance of the local uptrend.
Short
by cryptodailyuk
1
USD/CHF (NFP INFO) According to my latest analysis, the upcoming Non-Farm Payroll (NFP) should be "Positive" with a small increase in MOM average hourly earnings, this will boost the USD and bring the gold down, and I hope you understand the correlation between CHF & GOLD (they move in the same pace) that's why watching the bigger picture the pair is in an uptrend, but in a couple of hours, there will be a decline in the price until the NFP report comes out. First, we will short the pair to 1.0042. 2nd, we start buying from entry point 1.0042 with TP 1.0145 (risk-reward 1:3) Good luck to all!
by EndlessPips
NZDUSD I Local short from resistance Welcome back! Let me know your thoughts in the comments! **NZDUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
11
GBPJPY Daily TF analysisAs analysed last week. GJ painted a massive double bottom and broke the high structures to the left. I thought that price would pull all the way down for a retest before pushing back up to continue the double bottom pattern. As we know price doesnt move in 1 direction indefinitely, so we always get a pullback. But if momentum is strong enough price doesnt always pull back as hard as we expect, before moving in momentum again. So as it stands, GJ is in a bullish pattern, with possible intraday sells, if the conditions are right, however, everything points towards a long term buy. When we go to the weekly chart, we are also in a very strong bullish momentum, so trade with caution
Long
by faddy
1
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY Due to MARKET RISK being on in the previous days, AUDJPY is slightly UP. But even now we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen in this way. If MARKET RISK is ON, you can definitely BUY at 96.21 LEVEL. Currently, MARKET RISK is ON. But somehow it may go down to 89.74 LEVEL before going UP. After that, AUDJPY may go up to 96.31 LEVEL. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS. If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY.
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention the BOE intervention. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way. - EURGBP can definitely go up to the SUPPORT LEVEL below. EUR may be slightly WEAK due to USD STRONG at the moment. According to that, EURGBP can rise slightly up to 0.8900 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL.
by benny_marshall
1
NZDJPY Headed Upward +250 Pip PotentialWelcome back! Let me know your thoughts in the comments! **NZDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
11
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving below the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,386, if the support breaks down, the next support is $ 19,226 and $ 19,090. Now let's move from the resistance line, as you can see, the first resistance is $ 19,496, if you can break it, the next resistance will be $ 19,601, $ 19,678 and $ 19,763. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used, and the MACD indicator indicates a local downward trend.
by cryptodailyuk
6
XAUUSD Daily Projection 07/10/22XAUUSD XAUUSD is starting to narrow its range and seems to be forming a symmetrical triangle. If this triangle is fulfilled, there is a chance that GOLD will rise through the resistance towards 1733.380. However, with MA8 starting to slope along with MA20, Support 1701 will determine whether Loco can fulfill its pattern and strengthen its uptred. In MA Pattern, GOLD is still uptrend with a reversal point at 1678. Take profit first at 1711.380 because the price looks to be maneuvering today. R3 1733.380 R2 1723.590 R1 1715.240 PV 1709.430 S1 1701.750 S2 1697.800 S3 1685.570
OANDA:XAUUSD
by AbsoluteWillid
NASDAQ Daily Projection 07/10/22NASDAQ NASDAQ, which was also unable to penetrate its 100 MA, has re-entered the support range of 11368 - 11470. The MA8 seems to be starting to slope down and will make a death cross with the MA20 and re-confirm its downtrend. Price corrections on the Daily timeframe have also been made, thereby increasing the probability that the NASDAQ will fall again. Doing a SELL does not get a good RR. R3 12441 R2 12211 R1 11675 PV 11470 S1 11368 S2 11300 S3 11091
UShort
by AbsoluteWillid
1
XAUUSD Daily Projection 04/10/22XAUUSD XAUUSD rocketed past 4 resistances overnight after CPI m/m of CHF fell 0.5% and ISM Manufacturing PMI of USD also fell by 1.9. This drastic increase managed to bring MA8 through the MA100 and almost confirmed the uptrend on Loco. Always remember that generally a drastic increase in a short time will be followed by a fairly deep correction as well. Therefore, GOLD most likely will make correction today with potential to support 1678. BUY LIMIT 1679 SL 1669 TP 1694. R3 1715.240 R2 1709.430 R3 1701.750 PV 1697.790 S1 1685.570 S2 1678.290 S3 1668.290
OANDA:XAUUSDLong
by AbsoluteWillid
GBPUSD Today's Projection 04/10/22GBPUSD GBPUSD rose and reached the range 1.13025 - 1.13502 after successfully breaking out yesterday. Today most likely the Cable will make a minimum price correction to support 1.13025 or to 1.12520 before continuing its rise to resistance 1.14139 while waiting for the MA20 to make a golden cross with its MA100 and confirm the full uptrend. Possible to take Doing BUY on this pair does not get a good RR. R3 1.14139 R2 1.13695 R1 1.13502 PV 1.13025 S1 1.12520 S2 1.12016 S3 1.10793
Long
by AbsoluteWillid
EURUSD Daily Projection 04/10/22EURUSD EURUSD is still stuck between MA100 with support at 0.97871. Unlike other USD pairs, EURUSD still determines the direction of the trend and is not volatile at all after the news last night. The price is still in the sideway range of 0.97564 - 0.98366 so it is better to wait for a breakout to occur in this pair before entering a position. Possible to take It is better to wait for confirmation of the market direction before trading on this pair. R3 0.99649 R2 0.99241 R1 0.98930 PV 0.97871 S1 0.97564 S2 0.96858 S3 0.96387
by AbsoluteWillid
AUDUSD Daily Projection 04/10/22AUDUSD AUDUSD rose back to the range 0.64461 - 0.65490 and confirmed the temporary uptrend. The price most likely will correct to its MA8 today before any attempt to break the resistance at 0.65490 is made. However, DXY which is still sideways has the potential to make AUDUSD fall again and land at support at 0.64461. Possible to take Doing a BUY does not get a good RR. R3 0.66535 R2 0.65720 R1 0.65490 PV 0.64461 S1 0.63828 S2 0.63112 S3 0.62548
Long
by AbsoluteWillid
NASDAQ Daily Projection 04/10/22NASDAQ NASDAQ managed to rise to touch the resistance at 11300 last night. However, the MA pattern did not form a temporary uptrend, which means the price will correct back to support 11091 today while waiting for the trend confirmation on this index. Support 11091 will determine whether the NASDAQ has ended its downtrend and confirmed a temporary uptrend or not. Possible to take It is better to wait for the trend to be confirmed before entering this index. R3 11675 R2 11470 R1 11368 PV 11300 S1 11091 S2 10947 S3 10825
ULong
by AbsoluteWillid
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. Either way, NZDJPY should be a LONG TERM BUY. Anyway, the PRICE can go down again on the NZDJPY MAIN SUPPORT, if the MARKET RISK remains in the OFF state, to the 79.56 LEVEL. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely BUY at 86.86 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK. Besides, the USD should be WEAK.
by benny_marshall
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY AUDJPY is going down a bit due to MARKET RISK OFF in the previous days. But even now we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen in this way. If MARKET RISK is ON, you can definitely BUY at 96.63 LEVEL. Currently, the market risk is off. But somehow it may go down to 91.543 LEVEL before going UP. After that, AUDJPY may go up to 96.63 LEVEL. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS. If the dollar is strengthened by the FED, MARKETS RISK should be off. Then AUDJPY may become LONG TERM SELL after JPY STRONG.
by benny_marshall