GJ has seen a very strong bullish rally during today's market sessions. High amounts of volatility came into the market due to the Interest Rates set today by the BOE along with a statement by the governor, which is why there was such big movements in the GBP today. Price started a rally from support @142.950 and rallied strongly over 100 pips to the upside...
Good morning traders, today we bring you our long-term analysis on the USD/JPY pair, as we consider that it is at a decisive point. 🔸The price is against a Resistance Zone where every time it is faced it has found some kind of reaction. 🔸At this moment, it is slightly above, so we could consider that it is entering the buying zone. 🔸If this move is confirmed,...
As we can see on the 4H timeframe the directional bias of USD/JPY is bullish. This structure has been creating higher highs and higher lows since last week. During this week, price has formed its way into a corrective structure where price has failed to make higher highs to continue the bullish momentum. However, we have not broken key levels to suggest a reversal...
Seems like they have taken the correct measures in stay afloat. However, price is as high as it's ever been and I just don't see a continuation to the upside. Seems like they are depending on SUV sales and EV plans. Seems like a Hummer '21 release by fall. Earnings Report coming up. Q3 was strong for them. I'm taking an educated guess on price dipping down a...
Does anyone think this could be a possible setup/playout? We broke above the 1400 mark, so I think there would be a pullback to the white rising support trendline and then test 1440-70 mark again. -Green is a buy opportunity -Red is a sell opportunity
I sell CADCHF which is at the top of the canal, I am aiming for a correction of the yard towards the canal ba, the Eliott waves are also present and look interesting.
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I think the blue or red line will be tested.. combining them, averaging entry and going for an Ethereum breakout upwards makes sense to me.
Trade Retests at a LH instead of a direct retest of Box or Trendline
Good morning traders, today we bring you our short and medium term analysis in GBP/AUD, which we consider has good upside potential. 🔸As we see in the 4H chart, after the bounce in the Support Zone, there was a very clean upward movement, generating a breakout of the Descending Trendline. 🔸Now, what we expect is a corrective move, which can be towards the...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Very bearish price action and pressure. 4 HOUR Market forming a d-top, expecting more downside. DAILY Overall sideways moving structure.. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90870 SL @ 1.91840 TP @ 1.89540 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave...
GBP/AUD has broken out of a range in between 1.79130 - 1.79400, that is also a strong well respected area of resistance formed on the 4H timeframe and a more minor area of support formed on the 30 minute chart. The zones show very strong signs of bearish momentum stepping into the market. Upon the breakout of support identified on the 30 minute chart, GA started...
Technically, the gradual decline in aging remains under influence. Monday's closing was the strongest since December 10 at 104.18 and the high of 104.39 nearly hit the channel's upper boundary. The highest on Tuesday was 104.33, as would have been unable to break the boundary on Monday, and the bottom at 103.74 represented the refusal. There is no technical case...
GOLD has shown quite a mojo during last week after a flash fall earlier week and maintains the support near 1930. Sideways move can surge towards 1900 resistance zone which is a critical point for bulls.
Good morning traders, today we will analyze the USD / CHF pair in a high temporality to show the relevant levels, and then we will go to a lower timeframe to see the short-term forecast. 🔸As we can see, this pair has been in a clear downtrend for the last two years. 🔸If we analyze the support and resistance areas, we see that the price is not yet approaching...
Good morning traders, today we bring you our analysis on the daily chart and 4H in the USD/CAD pair, since we consider that it is in an interesting area and it is worth giving a little attention. 🔸As we can see, the trend has been clearly bearish for several months. 🔸During the last weeks, we witnessed a corrective process (retracement), and at this moment the...
$AMC to follow same route as $GME. Watch for a retest of the old high in 2017. The internet is messing with the suits.
EUR/JPY has been moving in a strong uptrend for the last 24 hours, and has come up to a strong resistance zone @126.120 a few hours ago. From the resistance area @126.120, EJ has rejected and started to move in a sense to the downside, but due to invalid market volume, EJ has found itself in a tight range between 126.040-126.120. The next time volume will come...