Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - 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...
I think the price can be rejected from the resistance range of the previous block and go down to a certain range
EURUSd is rallying to test last week's highs. Will this be a trap or are we headed much higher on a weaker USD?
Technical analysis detected there's a bullish flag pattern for FX:EURUSD . Watch if the price breakout between the upper and the lower flag. We could see a spike for the FX:EURUSD price movement
We understand that there has been a slow and steadier start to the week with a lack of economic events, coming off a US bank holiday and winding down from the second quarter. On the higher timeframe, EUR/USD is approaching the top of a range and I'm expecting some bearish pressure when we get there. Currently, price is in a slow pullback but still presenting...
EURUSD the price will consolidate between 1.0970 and 1.09128till breaking stabilizing above 1.0970 will support rising to touch 1.1000 and 1.1074 stabilizing under 1.0912 will support falling to touch 1.0870then will start to up again when stabilizing above 1.0970 because there is the strong support price Pivot Price: 1.0970 Resistance prices: 1.1000& 1.1074...
EURUSD has been trading within an ascending channel, indicating a consistent upward trend. However, recent price action has revealed a concerning development, suggesting a potential shift in momentum. A bearish divergence has emerged, reflecting a weakening uptrend and raising caution among traders. Bearish divergences occur when the price reaches higher highs...
$EUR/USD is exploding today as a result of TVC:DXY plunging hard. Fundamentally speaking , concerning is the fact of Euro-Zone's Recession . TA speaking, $EUR/USD is about to be put on stop of it's impulsive price sky-rocketing due to approaching Resistances such as ; -8HR* OB -Macro Broken Trendline which was firstly support but now found as Resistance. If...
Eurusd did quite a nice job of Holding 4hr support zone 1.09132. We are currently in a range with the resistance at 1.094. The Daily resistance level at 1.0945 held quite well during tuesday's London session. The NY session 4hr candle on Tuesday wicked beneath 4Hr support 1.09132 -> 15-18 some odd pips but closed back inside after buyers showed up and said not...
As you can see, the price has managed to drop to $1945 based on our analysis! But be careful, I still expect gold to drop more, currently gold is trading in the range of $1950 and it will probably succeed in dropping to $1941 and $1938 again! Don't Forghet To Push The Boost (Like) Button and Follow Me for More ! Best Regards , Arman Shaban The last TA :
On GBPCAD, we noticed a significant manipulation this morning following the sterling data. These data caused the price to decrease, creating a potential entry point at 1.6875. Therefore, we expect a absorption of all the liquidity left in the market, with a possible short entry and a target risk-to-reward ratio of 1:2 in the area of 1.6790. We would be pleased to...
Price reacted to 1.09500 significant zone that previously acted as a (H4) support. We can see lower highs, lower lows formation here and I expect to see bearish move.
Given the prevailing conditions in the market and the recent fluctuation trends observed, it seems to be an optimal time to sell your Euros (EUR). These short-term volatility spikes could present a beneficial opportunity for traders and investors to capitalize on their Euro holdings. Please bear in mind that all financial decisions should be made in line with your...
As US stocks decline, the market retreats while investors eagerly await Powell's testimony. Key events: UK - CPI (YoY) (May) USA - Fed Chair Powell Testifies The trading session on Tuesday witnessed a decline in US stocks, marking a shift from the previous sustained rally as investors opted to secure their profits. This decision was influenced by concerns...
EURUSD is trading near the HL 1 trendline with the 4H timeframe about to turn neutral again (RSI = 57.365, MACD = 0.002, ADX = 18.019) after being overbought last week on June 15th-16th. Along with the 4H RSI testing the bottom of its Channel Up, this is our first buy entry on the medium term with the second being on a potential contact with the 4H MA50 at...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from resistance level and started to decline inside from falling channel. In channel, price fell below support level, which coincide with support area, but soon bounced up. Next, Euro exited from channel and rose to resistance...
Preferred direction: SELL Comment: The more short-term situation for the metal has changed and now most likely we should expect the price to recover to the resistance of 1981.680. Sales with a high degree of probability will be thrown out of the market, and it is precisely due to them that the instrument will be able to reach the specified target (1981.680)....
High probability EURUSD longs off a 5m Orderblock + FVG looking to hunt buy side liquidity