On USDCAD, we have a bullish setup with the price in the 1.3224 zone. There's a bullish trendline with a double bounce, and we're anticipating a third bounce around 1.32020, where we also have a Volume Profile Gap (FVG). This presents excellent opportunities for the price to rebound at that point and go long, with a potential target around 1.327, which is a sell...
The recent price action on the SPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️Please, support our work with like & comment!❤️
✅AUD_USD is set to retest a Strong support level below around 0.669 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 0.6763 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-NZD is going up now But a strong horizontal Resistance is ahead at Around 2.0912 so after The price hits the resistance We are likely to see A bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Regarding GBP/NZD, we have identified a bearish setup with decreasing highs and lows. It's immediately noticeable that the price has dropped over 320 pips, equivalent to 2.5%, in the last two weeks, indicating that the market is already pricing in the Federal Reserve's interest rate hike. In my view, I expect the price to potentially reach the level of 1.2812,...
Hello traders, we want to check the XAUUSD chart. After breaking the ascending channel, the price is moving in a descending channel. We expect the price to continue its downward trend and fall around the price of 1948. Good luck.
✅EUR_JPY is about to retest a key structure level of 158.038 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a...
Hello,Traders! NZD-JPY is trading in an Uptrend along the rising Support line so I think that The pair will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Regarding EURUSD, we have a bearish trend starting from 1.1230, with the price heading towards the 1.10 zone. At the moment, there are two potential zones where the price could reverse, one at the level of 1.1070 and another at the level of 1.0970. In both cases, we have a very high-value FVG, which means a significant gap. If we receive confirmations on both the...
Looking at the chart of EURJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️Please, support our work with like & comment!❤️
My dear friends, My technical analysis for EUR/JPY is below: The price is coiling around a solid key level - 158.112 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 157.000 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing...
✅AUD_NZD is going up to retest a horizontal resistance of 1.0928 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below around 1.088 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-CAD is already making A rebound from the horizontal Support level of 1.691 and I think that the pair will Go a bit further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On EURAUD, we have a bullish setup this morning, with the price reaching the 1.653 zone, where it encountered a FVG and a Forex48 block. After receiving some confirmations on the M15 timeframe, I entered short with a target of 1.642, resulting in a risk-reward ratio of 1:7 with a 1% risk. At the time of writing, the price is already at breakeven, making the trade...
- Awaiting Change of Character (CHoCH) for $USD/JPY on *W tf (weekly time-frame). Market Structure looks healthy in terms of Higher Lows on smaller time frames (1-4hr) Decent probable Shorting opportunity in case $USD/JPY fails CHoCH. Shorting opportunity on Resistance Trendline of Bearish Flag Pattern on *W is perfect. Pullbacks to at least 20 EMA *W + S/R...
EURCHF - Intraday There is no clear indication that the downward move is coming to an end. Broken out of the channel formation to the downside. Rallies should be capped by yesterday's high. 50 4-hour EMA is at 0.9661. Preferred trade is to sell into rallies. We look to Sell at 0.9659 (stop at 0.9685) Our profit targets will be 0.9599 and 0.9589...
On EURCAD, we have a bearish setup with the price forming a supply zone yesterday during the American session, effectively creating a FOREX48 BLOCK and an FVG (Force Vector Group). In the first case, if there is a re-test of the 1.4690 level, we could look for confirmations for a short trade. In the second case, the FVG in the 1.4680 area, where, with confirmation...
Hello traders, we want to check the EURAUD chart. After breaking the specified key level, the price has pulled back to it again. We expect this level to maintain the downward trend of the price and play the role of a resistance level. If the price falls, we expect it to fall around the price of 1.62200. Good luck.