During the European session, the US/JPY pair remains stagnant, trading within a limited range just below the significant resistance level of 140.00. The market is characterized by volatile fluctuations as investors adopt a cautious approach in anticipation of the upcoming release of US inflation data. In London, S&P500 futures have gained as investors hope the...
AUDUSD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend...
Visa - 30d expiry - We look to Buy a break of 236.11 (stop at 230.38) The primary trend remains bullish. This is currently an actively traded stock. Trading volume is increasing. 235.57 has been pivotal. A break of the recent high at 235.57 should result in a further move higher. There is no clear indication that the upward move is coming to an end. Our...
GBPNZD - 24h expiry - We look to Buy at 2.0415 (stop at 2.0365) Previous support located at 2.0400. Previous resistance located at 2.0500. Price continues to trade within the triangle formation. We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending....
Ethereum - 24h expiry - We look to Buy at 1722 (stop at 1672) We are trading at oversold extremes. Support is located at 1720 and should stem dips to this area. Bullish divergence is expected to support prices. Expect trading to remain mixed and volatile. The move lower is mixed and volatile, common in corrective sequences. Our profit targets will be 1842...
NZDJPY - 24h expiry Previous support located at 85.25. Previous resistance located at 85.50. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 85.50 will confirm the bullish momentum. We look to Buy at 85.00 (stop at 84.60) Our profit targets will be 86.00 and 86.20 Resistance: 85.50 / 86.00 /...
Dollar index had a resistance on H1 trend line also the confluence is Bearish engulfing two times on M15 time frame so we will sell biased based on these two confluences
Gold had Good Bearish Momentum previously and look likes bears have all the control on Market as we have mention Gold is going to maintain this momentum Gold has given a Bearish Engulfing on M-15 time frame and other confluence is Resistance level also third confluence is 200 EMA which is telling us that gold will continue Bearish
GBP/USD capitalized on the overall weakness of the US Dollar (USD) on Monday, reaching its highest level in a month above 1.2590. However, the pair is likely to encounter resistance at 1.2600, and there is a possibility of a downward correction before the next upward movement. The optimistic market sentiment at the start of the week has prevented the safe-haven...
On NZDCAD, we have a price consolidating around 0.8180 within an H1 supply zone. We anticipate a price decline followed by a bounce before descending towards the 0.808 area. Happy trading to all. Nicola, CEO of Forex48 Trading Academy.
✅SILVER is going down now Just as I predicted yesterday Adn the price is about to hit A demand area from where I think we will see a strong Move up towards the target Around the 24.4$ area LONG🚀 ✅Like and subscribe to never miss a new idea!✅
On EURAUD, we notice a price consolidating around 1.592 within a demand zone. The price is consolidating after breaking a bearish trendline. In this area, many buying orders are accumulating, suggesting a potential increase in the stock price up to 1.62, where we have an interesting supply zone. I don't exclude a rise towards the 1.64 area. Share your...
Hello,Traders! EUR-NZD has retested the Horizontal support level of 1.7522 and we are already Seeing a bullish rebound so I think that we will see a Retest of the target at 1.7631 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅NZD_USD broke the key Horizontal level changing The pair's direction from Bearish to bullish and we Think that the pair now Will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅BITCOIN is going down now But a strong support level is ahead at 25,000$ Thus I am expecting a rebound And a move up towards the falling resistance LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-AUD was trading in an Uptrend along the rising Support but then a breakout Happened so we are now Bearish biased and We will be expecting the Pair to go down to Retest the target below at 1.852 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GOLD is trading in a downtrend And is now stuck between the Horizontal support of 1940$ And horizontal resistance of 1980$ And as the price has retested The resistance and is already Making a pullback I think That we will see a move Down towards the support SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅AUD_USD is set to retest a Strong resistance level above at 0.6800 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 0.6720 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅