Top-Down Analysis of AUDUSD Understanding the Chart: The provided chart displays the AUDUSD pair on a 4-hour timeframe. We can observe price action, support and resistance levels, and potential trend directions. Overall Trend: * Short-term: The market appears to be in a downtrend based on recent price action. * Long-term: A broader perspective (not visible on...
Crude oil will go up Big bullish trend as you see As shipping costs and supply chains get disrupted alongside higher oil prices, all of this risks stoking the inflation fire for the time being. In turn, major central banks will have to be rather careful in pushing too hard on any disinflation narrative. For now, the overall impact is still rather minimal I would...
I'm long AUD/USD on the daily chart, and I'm looking for 0.67245 to touch. That's the red resistance zone. This pair touched daily support a few days ago, and has since setup nicely to the upside, in my opinion. This is not advice.
EURNZD Retracing on HTF so use strong and fresh supply for sell orders until hit the Daily Fresh demand zone
On our HTF we have a clear bearish bias after liquidity pool has been swept and retraction trend coming to end with a supply rejection zone giving us a confirmation for the short... in addition, fundamental view, we have a weaker USD giving us a sure entry assurance for our swing short position.
Price just tested 200 MA in D1 time frame and this area is also a strong resistance in past, overall fundamentals also indicates strong USD combined with a strong barish engulfing candle just 2 cadles back. This all scenario indicates gold has not yet finished its bearish move and will further go bearish. Sell XAUUSD around 1842.00 , TP: 1790.00 , SL: 1865.00
The analysis is based on reaction to support and resistance, the trade has a risk ratio of 1;3.4 with a Stop-loss of 25pips and a Take profit of 84pips.
Hello, am so happy with GJ it finally broke the major monthly trendline, it retested on the small time frames and is up 158.739 I predicted this weeks back there are links below how i came to this conclusion. GOD IS SO GOOD! I came to this conclusion solely using market structure and other confluences. I wish you happy trading although we meant see a price...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY is moving along a channel and now it is at the top of the channel. it is likely that this instrument will continue to move along the channel. A possible sell along this channel is a high probability setup.
Profit level 1 hit, and heading for profit level 2. Check previous analysis on the pair. Do like and subscribe to our channel. Follow the link in profile.
We might see a bearish setup, highly likely but we need more confirmations. Monitor price action at the zone.
Monitor price action at the marked zone, it might give us a bearish setup. If it does we might take a short if all the rules are met.
GBPJPY pullback, reset then continuation to the downside. Share your thoughts in the comment section below Like and follow for more content Good Luck
Moving to the lower time frame, I've illustrated the possibilities on this pair.
OANDA:AUDJPY Divergence indicating a clear bullish reversal from a crucial weekly level. I will enter with confirmations :) Good luck!