💵U.S.Dollar/Canadian Dollar 💵Analyze (12/16/2022)!!!The U.S.Dollar/Canadian Dollar made a Descending Broadening Wedge and broke the upper line of it.
I expect U.S.Dollar/Canadian will go up at least until the resistance zone.
🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 2H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Forexanalysis
💵U.S.Dollar/Swiss Franc💵Analyze (12/16/2022)!!!U.S.Dollar/Swiss Franc was able to complete the falling wedge pattern on the support zone.
I expect the U.S.Dollar/Swiss Franc will go up until the downtrend line & important trend line.
🔅U.S.Dollar/Swiss Franc Analyze (USDCHF) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵British Pound/U.S.Dollar 💵Analyze (12/15/2022)!!!British Pound/U.S.Dollar was able to make a double top pattern on the resistance zone.
Also, the British Pound/U.S.Dollar broke the important uptrend line.
I expect British Pound/U.S.Dollar will go down to PRZ(Price Reversal Zone).
🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 30min⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#USDCAD will it continue going lower??As far as market structure concerns we have 1H timeframe bearish impulsive move which broke the low and as a result formed a Lower low. since then price is in bullish corrective move which by the way shows price non-intention of going higher (otherwise it would be as an impulsive move)
Now price is at 4H timeframe Clean Break area which provides important resistance and also we had one very strong reaction off of this area which showed us how powerful is this area. now we are going to test that area once more and hopefully we can see the liquidation from above the previous wick so then we can open our short position.
Just remember price closing above the arrow means that the idea has failed and we need to wait for more confirmation.
💵Australian Dollar/New Zealand Dollar 💵Analyze (12/07/2022)!!!The Australian Dollar/New Zealand Dollar is running near the support zone and lower line of the main ascending channel.
Also, it seems the Australian Dollar/New Zealand Dollar completed the 5 impulsive waves.
I expect the Australian Dollar/New Zealand Dollar will grow up at least to the upper line of descending channel.
🔅Australian Dollar/New Zealand Dollar ( AUDNZD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵Swiss Franc/New Zealand Dollar 💵Analyze (12/15/2022)!!!The Swiss Franc/New Zealand Dollar completed the fifth wave after it managed to break the downtrend line and form a double-bottom pattern.
I expect the Swiss Franc/New Zealand Dollar will go up at least to resistance lines in the next days.
🔅Swiss Franc/New Zealand Dollar Analyze ( CHFNZD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GoldViewFX - Market UPDATE - BOOOOOM!!!!!!!Hey Everyone,
We did it again!!! With a PIPTASTIC finish today completing all our targets on our 1H and 4H chart setup.
We identified the retracement area start of the week, which played out with price finding support at 1777, as analysed with a perfect push up today hitting all Bullish Targets. We took our long positions from support confirmed with our premiere signals and trailed the move up to a perfect finish.
We will now wait for momentum to die out and settle before considering our next positions. Our Daily chart bullish target remains on our radar (please see related post below). We will now need to see EMA5 cross and lock above 1815 with a candle body close to open and confirm the upper levels.
A failure to cross, lock and break above 1815 will see price fall back into our existing range re-activating the existing setup. However, a break above and we can still track and trade this using our EMA5 cross and lock level to level towards the upper structure.
BULLISH TARGETS
1801 - DONE
1815 - DONE
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN 1822, 1833, 1843
BEARISH TARGETS
1788 - DONE
1777 - DONE
EMA5 CROSS AND LOCK BELOW 1765 WILL OPEN 1756, 1747, 1738
SWING RANGE
1738
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
#GBPJPY near 4h timeframe resistive area one againlook where price is one more time at an area where rejected clearly twice before plus it's a structural point too ( it use to be support but changed to resistance ) if you look at the left side of the chart. this cluster of resistance add to the importance of the area.
But the thing is matter most is not to rush into a trade as we have CPI news today and depends on what the numbers going to be it can cause price to break the resistance to the upside or to reject from.
If you want to have more comprehensive idea about what to expect of news are going to be released today and tomorrow I would recommend you to read the idea linked to this article.
But in summery, if CPI comes out equal or lower the prediction it would be good JPY and we can expect the downside move from GBPJPY .
chf/jpyLooking here at chf/jpy im anticipating price to continue in this downward direction and at minimum retest previous support area, Now price can break and continue down to go create a lower low, it would be recommended to take partials and move stops into Profit when trade is running 45+pips
Disclaimer- information share is not investment advice, i am simply sharing my opinion on a currency and all information shared is for educational and demo purposes only!