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Forexpower

Best zone sell for eurusd read the caption Eurusd sell chart the daily swing high around the 1.0760-1.0765 region seems to act as an immediate hurdle ahead of the 1.0800 mark and the 200-day SMA, currently pegged near the 1.0835- 1.0841 zone. That said, a sustained strength beyond the latter might trigger a short-covering rally and allow the EUR/USD pair to reclaim the 1.0910 round figure. Some follow-through buying will negate the negative outlook and shift the near-term bias in favour of bearish traders.
Short
by Mrsam36
Btc flying up trader take buy read the caption Btcusd pair has remained in a tight range in the past few days. As a result, the Average True Range (ATR), one of the best measures of inflation, has drifted downwards, signaling that there is no volatility. The Awesome Oscillator has been stuck at the neutral point. Therefore, the outlook for the pair is where the status quo remains in the near term. This means that it will remain in this range, with the key levels to watch being the support at 41,835 and the resistance at 43,903.
BITSTAMP:BTCUSDLong
by Mrsam36
Audusd sell then big buy read the caption Audusd We now see the price coming up to touch a small zone of likely resistance between $0.6530 and $0.6518. This looks very likely to be today’s pivotal point, so if the price can get established above this zone later today, it should have room to rise further. However, I see the better and more likely opportunity as being a short trade from a bearish reversal from this zone, so that is the trade I would really be looking for today. There is nothing of high importance due today regarding either the AUD or the USD.
Long
by Mrsam36
usdjpy toward to resistance breaking news for buyers Usdjpy buy here show the chart It's no surprise to see the US dollar sizzling today after non-farm payrolls rose by 353,000 jobs compared to 1800,000 expected. It's the strongest month of jobs gains in a year and raises big doubts about whether the Federal Reserve will be cutting rates anytime soon. USD/JPY is a big beneficiary, up 180 pips to 148.11 today. The pair had fallen every day this week until today but with the big gain, it's now higher than it
Long
by Mrsam36
eurusd toward the downside read the caption the eurusd has just made a new 6-week low, but may have found some support, even if it is short term, at $1.0773. I think the outlook is bearish due to the bearish technical and the resilience in the US Dollar which continues as Fed Chair Powell continues to talk down the prospect of an early rate cut. I think the best opportunity today in this currency pair will likely be on the short side: either a breakdown once the price gets established below the lower trend line of the descending price channel or following a retracement to the resistance level at $1.0817 followed by a rejection of that level. The logical profit target is $1.0724.
Short
by Mrsam36
Usdjpy weekly chart more info read the caption USD/JPY is a big beneficiary, up 180 pips to 148.31 today. The pair had fallen every day this week until today but with the big gain, it's now higher than it was at Monday's open. It's a similar story across the board with the dollar up 70-180 pips. The Fed blackout ends today so the next thing the market will be looking for is commentary from Fed officials on what the strong jobs report means to them or if they're more focused on (potentially?) falling inflation.
Long
by Mrsam36
usdjpy buy trade setup (READ THE CAPTION)The USDJPY has raced higher on the back of the stronger US jobs report this morning, and in the process took out technical levels including a downslope trendline at 147.827 and swing highs for the week including the Monday high at 148.42 The price rise has moved to another swing area between 148.459 and 148.49 and is finding some cause for pause ahead of the 2024 high at 148.70 That level is not only a high in 2024 but was a swing level going back in time as well usdjpy surely buy
Long
by Mrsam36
2
Eurusd sell expect more 200 PIPS read the caption The eurusd pair has displayed a bearish trend since the beginning of the year, characterized by a structured decline on lower timeframes and navigating within a downward trend channel. Notably, the currency pair breached the 45-day exponential moving average (EMA) channel on the daily chart and is now nearing the 200-day EMA support level. A critical juncture for the Euro lies ahead as it approaches the $1.0760 to $1.0710 support zone, marked by the December low and the 200-day EMA channel.
by Mrsam36