Hello traders, we want to check the EURGBP chart. The price has reached the specified support level. We expect this level to stop the downward trend of the price. We expect the price to grow to around 0.85600. Good luck.
On gold, we have a bearish channel with a price that is slowly starting to rotate around the 1897 area. In fact, as you can see, the price seems to have gained significant liquidity in the 1980-1990 zone. At this point, I expect a breakout of the swing high at the 1904 level, and this would give me confirmation for an uptrend. Subsequently, I would be looking for...
Hello,Traders!
DXY is trading in a strong
Uptrend along the rising
Support line but the price
Is still attempting to break the
Resistance level at 103.546
So while I am bullish biased
I think that we need to wait
For the breakout to happen
And get confirmed before
We enter the long trade
Wait!
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✅EUR_GBP is going down now
But a strong support level is ahead at 0.851
Thus I am expecting a rebound
And a move up towards the target at 0.853
LONG🚀
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Hello,Traders!
USD-CAD is trading in an
Uptrend along the rising
Support line so I think that
We will see a further move up
Buy!
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Hello traders, we want to check the NZDJPY chart. The price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to maintain the downward trend of the price and cause a further drop in the price. We predict that the price will reach around 85,900 to fall. Good luck.
In the USDJPY pair, we have a bearish setup evident from the structure that is forming with lower highs and lower lows. There is a price that has broken a bullish trendline and is now supported by a bearish trendline. Furthermore, there is a zone of resistance/support between 145.50-145.70, along with a confluence in the area at 145.80. It's in this latter zone...
✅USD_CHF is still trading
Below the resistance cluster
And I am still bearish biased
So a move down is to be expected
SHORT🔥
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Hello,Traders!
GBP-USD is trading in an
Uptrend and the pair retested
The horizontal support
Of 1.2637 then broke
Out of the falling channel
And is now moving up so
I think that the pair will
Go further up
Buy!
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Hello,Traders!
AUD-CAD has reached a
Support level from where
We are seeing a rebound
So I think that the pair
Will go up
Buy!
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EURUSD - 24h expiry
A Doji style candle has been posted from the base.
Buying posted in Asia.
The medium term bias remains bearish.
Bespoke resistance is located at 1.0933.
Previous support, now becomes resistance at 1.0929.
Preferred trade is to sell into rallies.
We look to Sell at 1.0933 (stop at 1.0963)
Our profit targets will be 1.0858 and 1.0838...
Hello traders, we want to check the TRXUSDT chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to act as a resistance level and maintain the downward trend of the price. We expect the price to drop to around 0.07250. Good luck.
I've identified a trading opportunity on the GBP/CHF currency pair. After the price returned to the lows to capture previously left liquidity in the 0.6480-0.65 range, you've set up a long trade. Currently, you expect a bounce in the demand zone along with the validation of the bearish continuation pattern (FCV) on the H1 time frame. This validation could lead to...
✅GOLD is going down and
It broke the key level of 1900$
And it stayed below the level
So the breakout is confirmed
And so I think that it will
Go down on Monday
SHORT🔥
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Hello,Traders!
NATGAS is going down
Now but it will soon hit
A support level of 2.473
From where I think the
Price will go up
Buy!
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✅TESLA is retesting a support level of 210$
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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Hello,Traders!
DAX was trading along
The strong rising support
But now we are seeing a
Bearish breakout so I
Think that we will see
A further move down
Sell!
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Interest Rates announcements from both US and EU central banks are expected next week. The rates could be left unchanged now that inflation has cooled. But will the dollar strengthen in the dawn of these events and during them?
Share your thoughts.
