EURUSD --> bearish trendhello guys...
as I published before:
from my point of view, this pair is bearish!
why?! you can see the ascending channel broke! the price formed a QM pattern twice!
the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too!
you can enter half of the position now and another half on the QML(2)!
The first target is the bottom line of breaking the channel!
______________________
🔴 always do your research.
✎ ✎ If you have any questions, you can write them in the comments below, and I will answer them.
🫂 ❤️And please don't forget to support this idea with your likes and comment
Forexsignal
USDJPY (H4) Will fall to 148 or increase to 152 ?OANDA:USDJPY USDJPY (H4) Will fall to 148 or increase to 152 ?
The USDJPY market on the H4 timeframe exhibits the following characteristics:
The ongoing contraction phase suggests a period of hesitation and gradual consolidation before significant fluctuations occur.
The peaks depict a pattern of lower-high prices, indicating a potential weakening of buying power.
Simultaneously, the lower end establishes a loosely defined price support region, with cand
lesticks extending below the support area.
Consequently, there is a likelihood that this pair might decline towards the price support zone at 148.6-148.8. However, given the absence of a clear directional break in the price pattern, there remains a possibility that the exchange rate could continue to rise towards the resistance area of 150-152.
It is advised to monitor the market closely. Despite the absence of significant news today with a strong impact on these currencies, unforeseen market movements can still pose risks to your account. Please adhere to trading principles and implement capital management strategies diligently.
Usdcad bullish side is strong read the caption Intraday bias in USD/CAD remains neutral for the moment, as range trading continues. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance.In the bigger picture, price actions from 1.3976 (2022 high) are viewed as a corrective pattern only. In case of another fall, strong support should emerge above 1.2946 resistance turned support to bring rebound. Overall, larger up trend from 1.2004 (2021 low) is still expected to resume through 1.3975 at a later stage.
XAUUSD turning point bull and bear read the caption It's been a rather straightforward rebound since testing the 100-day moving average (red line) for gold. That sees price run up to $2,030 as buyers look to keep the bounce going. The next key level to watch will be the trendline resistance closer to $2,050 currently.
Not much has changed from yesterday but this has been one of the more interesting charts in trading this week. As such, do keep the following consideration in mind as gold looks to track higher for the time being
AUDNZD Will Fall✅ AUDNZD started falling well from the 🔴 Resistance zone(1.0712 NZD-1.0686 NZD) 🔴 and the Resistance line and was able to break the Uptrend line .
🌊Regarding Elliott wave theory , it seems that AUDNZD finished wave 4 at the🔴 Resistance zone(1.0712 NZD-1.0686 NZD) 🔴 and is completing wave 5 .
💡The important point is that AUDNZD has lost the Support line and Ascending Channel , which can be a sign of further decline .
🔔I expect the AUDNZD to continue falling and at least break to the 🟢 Support zone(1.055 NZD-1.046 NZD) 🟢.
Australian Dollar/New Zealand Dollar ( AUDNZD ), 4-hour time frame⏰.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Usdchf ready to fall read the caption Usdchf falling chart
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading
Audusd follow uptrend read the caption Audusd for quite a while. This is generally a sign of weakening momentum often followed by pullbacks or reversals. In this case, we got a pullback into the 0.6541 level but given today’s breakout, we might be in front of a reversal. We can see that the buyers kept on leaning on the red 21 moving average and if we get a pullback we can expect them to lean on it again
World gold price continues to decline sharply, long-term sellingWorld gold prices increased with spot gold increasing by 2.1 USD to 2,017.4 USD/ounce. Gold futures last traded at 2,029.4 USD/ounce, up 5.3 USD compared to yesterday morning.
Gold continues to recover from last week's sell-off after testing support at $2,000 an ounce. Although gold is starting the trading week with modest gains, some analysts say it will remain stuck in a range with support at $2,000 an ounce and resistance around $2,050. ounce.
Last week, both consumer and producer prices rose more than expected, putting pressure on gold. The published report shows that the threat of inflation is still persistent.
Although gold is stuck, some analysts still emphasize the importance of this precious metal. According to market analyst James Hyerczyk of Fxempire.com, precious metals are still an important safe haven asset when developments in the Middle East are increasing geopolitical instability.
He attributed gold's recent recovery to a weakening dollar and fears of rising tensions in the Middle East, which have helped boost gold's status as a haven asset. Safety is preferred.
Some other opinions believe that the possibility that the US Federal Reserve will loosen policy this year is also a supporting factor for gold and this precious metal to break out when the first round of policy easing takes place. .
Gold down move read the caption Gold trades higher around $2,020 on investor caution
Gold price continues to move on an upward trajectory, trading higher around $2,020. The precious metal receives upward support from cautious investor sentiment amid speculation about the Fed's interest rate policy.
Gold 1 target 2010
Gold 2 target 2000
Gold 3 target 1994
If this post is useful to you
you can support me with like
boost and advice in comments
🔥 XAU/USD - First Long , Then SHORT (READ THE CAPTION)By re-examining the gold chart, we see that according to our expectations, gold continued to grow and has been able to grow up to $2008! Today we will have the important statistics of PPI, if the Actual rate is announced higher than expected rate, we can see the growth of the dollar index (DXY) and the fall of the gold price! In my opinion, it is possible that today the price will have a growth up to the range of 2011$ to 2019$ and then finally it will face a further fall, and the targets of this possible fall will be 1997$, 1985$ and 1977$, respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Audusd pump above go buy read the caption committee also pushed back slightly about when the first rate cut will happen. Jay Powell noted that the Fed will be less likely to start cutting in March as many analysts were expecting. The Fed is battling a situation of high inflation and strong economic growth.
The AUD/USD pair has rebounded slightly from its lowest point this month. It now sits slightly below the key resistance at 0.6541, where it has failed to move above recently. This price is along the neckline of the inverse head and shoulders pattern that has formed recently
AUDCHF: One More Trend-Following Setup 🇦🇺🇨🇭
Update for AUDCHF.
Earlier, we spotted a confirmed daily structure breakout on a daily.
The price formed multiple bullish confirmations on a 4h time frame then.
First, the price formed a bullish flag and violated its resistance.
After that, the price managed to violate a resistance line of a horizontal range.
Sentiment is very bullish on the pair.
We can anticipate a continuation at least to 0.5775
❤️Please, support my work with like, thank you!❤️
AUD/NZD Bullish Reversion TradeThe strategy used for this script was intended to take advantage of mean reversions in trading. The big green triangle signals bullish divergence and the other buy signal indicated a mean reversion detected. Along with basic chart analysis we can confidently take a long position here and I'm targeting a fill of the FVG(fair value gap) just overhead. First point of resistance is the sell side liquidity. Once that is breached we will retrace back to the FVG and secure our final profits there!
Goodluck!
🔥 XAU/USD - an IMPORTANT analysis of GOLD (READ THE CAPTION)By checking the gold chart in the Daily time frame, we can see that according to my previous expectation, we waited for the price to enter the Supply ranges of our desired zones and then we were accompanied by the heavy fall! According to this analysis, after the price growth up to $2044, gold managed to start its fall and finally correct up to $1984.5 ! Now the price has reached an important demand zone and since yesterday we were expecting the price to react to this level and so far gold has been able to grow up to $1996 (+100 Pips) ! If the support of the demand range of $1978 to $1987 is maintained, we can still expect more gold growth, whose targets based on the 4H analysis will be $1999, $2003, and $2011, respectively! But note that after a period of growth, I still expect a further fall from gold, whose mid-term targets will be $1973, $1966, and $1934, respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
EURUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis.
The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
🔥 XAU/USD - $2031 to $1987 , What's NEXT ? (READ THE CAPTION)By checking the gold chart in the 4-hour time frame, we can see that the price finally managed to drop to the range of $1987 and enter the specified demand range! After the price reached the range of 1987$, it was accompanied by relative demand and is currently trading in the range of 1989$ with about 20 to 30 pips of growth! If the price stabilizes above the demand level of $1978 to $1987, we can expect an upward corrective movement from gold!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Alikze → USDJPY | Break trigger lineIn time H4 and H8, it is moving in an ascending channel. After the failure of the dynamic trigger, it reached the supply area. Two movement scenarios can be considered for it. In case of a pullback to the trigger line and the bottom of the channel and the failure of the supply zone, it will rise to the next zone. And the second scenario is that after the failure of the current supply zone and the pullback, it will move to its own upward path to the next supply zone.
🟩Sup: 148 Unit
⛳️Tp1: 150 Unit
⛳️ Tp2 :151.355~151.640
-----------------
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.
Sincerely.❤️
GBP/AUD - Decision Point - price can break trendline or reversalHello everyone ...
if price break our entry areas then this idea will be invalid..
Use good trade management only thing important in Trading is how you manage your trade...
FOLLOW US our signals are 95% accurate. motivate us by giving a like.
.. good luck..
🔥 XAU/USD - Gold Will Fall Again ? (READ THE CAPTION)By checking the gold chart in the 4-hour time frame, we see that the price closed at $2024.360 on Friday! With the opening of the market, we may have an initial upward movement and then gold will start its next corrective movement! But be careful that it is better to wait until the opening of the New York market to determine the main trend, because probably in the London session we may see movements to create a new High or Low and then the price will change the trend! Currently, $2020 has become a very important support for gold and $2034 is also a very important resistance for gold! My main view is still bearish! The possible targets of this drop are 2020$, 2016$, 2002$ to 2007$, 1997$ and 1979$ to 1986$ respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban