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CAD/CHFTHIS IS NOT A FINANCIAL ADVICE....this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.
I believe it's long from here where I am taking a profit. Invest smartly!
NZDUSD Muli-Timeframe And TMP AnalysisNZDUSD created a new higher high a couple weeks ago which indicates to me that buyers have control. If price can pullback to 0.63625, I'll be more inclined to buy back up to the 0.65306 exchange rate.
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BULLISH on NZDCADEntry: .8607
SL: .8575
TP: OPEN (Will be trailing SL)
Technicals: Strong Uptrend on the DAILY chart and WEEKLY. Going down to the 4H TF, we see a bounce off major support which is also on the 21 EMA.
Fundamentals: Scoring high on the COT data. Retail sentiment showing strong bias to the short side. Retail traders are 70% short. As mentioned previously, often time when retail traders favor one side by over 60%, statistically the pair will move the opposite side.
DXY SHORT MOVE TO WEEKLY IMBALANCE LEVELFor the DXY last week price reject clearly and we see that on 3D price create a very nice BEARISH ENGULFING , this signal us that we might go down and in A big picture i forecast price to go higher but we are at the beginning of the YEAR 2023 JAN , so we need to lower so that we can go higher and any selling i take it with a fixed target
And this is due to my time frame sequence 1W / 3D / 1D / 4H
ANTUSDT | BITCOIN | -DECRYPTERSHi people welcome to Team decrypters
Our this setup is v simple Based on Typical "Exit liquidity in shitcoins" we are taking this Trade
This happens only in Crypto and it not a good sign for markets
What it means is project is going to be Dead "Most likely" and will never recover
Devs may wanted to take out their money/investment by doing quick pump followed By dumps
Follow us & join the Trade <3
XAUUSD VIEWS OF NEXT WEEK XAUUSD for gold setup what i forecast is that bears already shown sign of strength , thus for the coming week price may take advantage of the slow week to have a correction before we continue with the down move....
We have not yet come to collect liquidity below @1600 level which is my potential level price might tap before going up now this was a long view which give me strength to short gold
EURUSD 21/12/22 RangeAccording to my strategy and analysis, these are the important levels to trade today. Make the plans accordingly. This range is significant because it acts as support sometimes and resistance sometimes. This range will be valid till the opening of the US market (i.e. Nasdaq 9:30 am). After 9:30 am this range will not be valid)
#EURUSD next moveIn order to analyze EURUSD move we can use intermarket analysis as well, and as you can see for a past couple of month we have high positive correlation between EURUSD and TLT ( US 20 year treasury bond ETF).
Right now that price has been trapped in a rangy area for a Days, we can say for a breakout of any side we need to see confirmation from TLT as well. which means if price wants to create a Higher high and penetrate the high we need to see TLT create new high as well and goes above the arrow on TLT curve.
However, if TLT is unable to create new high but EURUSD does there might be intermarket divergence between these two assets and that perhaps could signal for a bearish divergence which can be followed by a downside reversal on EURUSD.
A third scenario would be that they both fail to create high and turn to the downside which in this case EURUSD chance to break to the downside is higher.
A lot of news can have impact on the movement of TLT like tomorrow unemployment rate but for sure the single most important one would be federal reserve fund rate which going to be announce on 14th of December , and if fed hike rates is lower than expectation that can bring TLT Higher and drive EURUSD Higher as well.
Good days are ahead for the Loonie tradersUSDCAD is really a worldwide political-news related pair!
OIL is not so predictable these days. there are unpredictable conflicts around the world. But the pair is going to move in a clear channel after following undecidable hours!
REMEMBER! This analysis is valid until any BIG news related to oil market.
I think the bearish setup is more probable here but I make myself ready for the bullish one too!
EURUSD: The heavy shadow of China's protests is on the markets!If China's protests continue, any economic restrictions or sanctions for China can be fatal for Aussie and the Euro.
Also considering the weekly chart we are around a strong resistance! I like to be more prudent taking long around the level