The Monthly candle is a Doji candle and with Eth's recent rise has returned back to Break Even on the Month. I'm anticipating that we will have some trouble breaking the $1,915 Weekly supply zone created on the week of May 29th. Ethereum's recent rise of 17% compared to Bitcoin's 25% has been quite disappointing for a smaller market cap cryptocurrency. Although we...
Hello traders, we want to check the NZDJPY chart. The price has broken the indicated support level to the bottom. We expect this level to play the role of a resistance level after the failure and maintain the downward trend of the price. We expect the price to fall to the targets of 85,600 and 85,300. Good luck.
Hello traders, we want to check the BTCUSDT chart. The price has reached a key level that has reacted to this level several times in the past. We expect this level to play the role of a support level and if the price cannot break this level, we expect it to grow around the price of 28,200. Good luck.
I entered a short position on XAU/USD after noticing a significant break of a swing low at the 1896 level, further supported by a bearish channel on gold. My trade involves an entry at a supply zone at the 1902 level on the H4 timeframe, where we have a box containing the last buying orders before the major sell-off that led to the break of the H4 swing low. I've...
On EUR/USD, we have a bearish setup following lower highs and lower lows. I've decided to enter the market as the price on H4 broke two swing lows, one at the level of 1.0862 and the other at the level of 1.0855. I entered on the price retracement at the level of 1.0875 where we have an H4 supply zone, a truly significant area as it was the last bullish candle...
Good afternoon traders! On GBP/USD, we have an interesting setup. Today, there are no major macroeconomic data releases, and the market seems to have regained good volatility after a week of little movement. The market is showing a breakout of a swing low on the H4 timeframe at the level of 1.2727, followed by a retracement to the H4 supply zone. This retracement...
Hello,Traders! GBP-JPY was trading in a Rising wedge but now we Are seeing a bearish breakout So I think that we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In GBPJPY, we have a bullish setup, but the price has shown signs of weakness and seems to have given hints of a reversal. Currently, we have a price that has broken the swing low at the 185.78 level on both the 15-minute and 1-hour charts. However, to confirm this, we would need a swing break with a 4-hour candle. If the market manages to create this setup, we...
Hello traders, we want to check the EURJPY chart. The price has broken the upward channel. We expect the price to continue its decline and fall to around the price of 158,200. If it can break this level, the next target that can be imagined will be the price of 157,700. Good luck.
On EUR/USD, we have a bullish setup with the price showing initial signs of weakness around the 1.0895 level. In fact, after testing the descending trendline twice on the hourly chart (H1) and forming two spikes without breaking it, the price reversed downwards. Now, I'm anticipating a move towards the 1.0880 area, where we have a Fibonacci confluence (FVG), and...
In the USD/CHF pair, we can observe a long trend on the H4 timeframe, which started on July 27th, now about two weeks ago. My expectation revolves around a potential long trend if the market retraces to the 0.8780 area. This level corresponds to the 0.5% Fibonacci retracement, marking the 7th touch of the trendline. Additionally, considering the context, we are...
USDCHF - 24h expiry Our short-term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 4-hour EMA is at 0.8769. The sequence for trading is higher highs and lows. Remains bullish while above last week's low. We look to Buy at 0.8771 (stop at 0.8739) Our...
Hello traders, we want to check the CADCHF chart. The price has reached a strong support level that it has reacted to several times in the past. If the price can break the downward trend line, we expect it to grow around 0.65500. Good luck.
Hello traders, we want to check the AUDCAD chart. The price has reached the specified support level after moving in a descending channel. We expect this level to stop the downward trend of the price and the price will grow to around 0.87900. Good luck.
Good morning traders, while observing USDCAD, I've noticed how the price is clearly trending upwards, and this has been confirmed by the breakout of a higher swing at the 1.3490 level. After that breakout, the price retraced, retesting that level until touching the bullish trendline. From there, a strong impulse started towards the 1.3580 level as the first...
✅NIKKEI was trading in an Uptrend but now we are seeing A bearish breakout of a strong Horizontal support level of 32,000 So I think that the index will go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-USD broke the key Horizontal level of 0.6566 So we are bearish biased And I think it will keep falling Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders, we want to check the DXY chart. The price is moving in an ascending channel and has reached the specified key level. We expect this level to act as a resistance level and the price will react to this level and fall to around the price of 102.500. Good luck.