Hello traders, we want to check the XAUUSD chart. The price has reached the key level indicated after moving in a downtrend. We expect this level to play the role of a support level. If the price breaks the descending channel, we expect it to grow around the price of 1926.600. Good luck.
On AUD/USD, we have a bearish setup with a trendline that was breached this morning with a simple TOUCH, the third one. The market indeed used it as a resistance, precisely retracing to the 61 Fibonacci level. Now, I anticipate a short position with a target at 0.6360. Happy trading, everyone.
AUDUSD - 24h expiry We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 0.6525 level....
✅EUR_CAD is trading along the falling resistance And as the pair will hit it soon I am expecting the price to go down To retest the demand levels below at 1.465 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders, we want to check the chart of EURNZD. The price has broken the upward channel and pulled back to the specified key level. We expect this level to maintain the downward trend of the price and play the role of a resistance level. We expect the price to fall to around 1.81100. Good luck.
On GBP/AUD, we have a bullish setup with the price at the level of 1.9546 at the time of writing this analysis. During the ascent, the market left behind a significant area of inefficiency, a zone that will need to be filled one way or another. Therefore, I anticipate a price retracement to the level of 1.9456, which is a descent of over 80 pips from its current...
Good afternoon traders, I was observing the EUR/USD and I've identified a potential zone for a sell. At the level 1.0940, we have a FVG, which stands for a block of inefficiency that the market could reach and then retrace. Additionally, I'm noting the creation of a bearish trendline with a double touch, which might lead me to think that the third touch will be...
✅EUR_USD has formed a Bearish flag pattern while Trading in an a downtrend So I think that IF a bearish Breakout happens then we Will see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅AUD_CHF is trading in a Downtrend in a falling wedge So I am bearish biased and I think that the pair Will keep falling down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-JPY keep growing And I am bullish biased Overall, but the pair looks Overbought at the moment So after the pair hit the Resistance of 145.141 I think that we will see A bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CAD_CHF went down to retest a horizontal support at 0.6485 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 0.655 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Bitcoin is once again displaying its strength by breaking above the wedge pattern, signaling the potential for an upcoming rally. While it's important to acknowledge the possibility of further downside, the probability of the uptrend continuing is considerably higher. In this scenario, we're leaning towards a long opportunity, setting our profit target at the...
AUDUSD - Intraday Our short-term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. The bearish engulfing candle on the 4-hour chart is negative for sentiment. Price action has posted a Doji candle and is neutral for the short-term sentiment. We look for a...
Hello traders, we want to check the GBPAUD chart. After breaking the ascending channel, the price is moving in a downward trend and has pulled back to the specified key level. We expect this level to act as a resistance level and cause the price to fall further. . We expect the price to fall to around 1.93400. Good luck.
✅GBP_AUD is trading in an Uptrend and the pair will Soon retest the horizontal Support of 1.9362 one more Time and after that I think We will see further growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD is falling down Sharply but a strong horizontal Support is ahead at 0.5986 So we might see a rebound After the pair hits the level Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! USD-CAD is trading in an Uptrend and the pair broke The key horizontal level Of 1.3381 so after the Retest I will be expecting A bullish reaction and growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This morning, I'm closely observing the EUR/USD market as the CPI data release is anticipated. Currently, I'm noticing a bullish structure on the chart. I'm paying special attention to the level 1.09960, where a previous high occurred on the 4-hour (H4) timeframe. I believe that in this zone, there could be a confirmation of the upward trend, especially...