✅USD_CHF is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 0.912 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-AUD has retested a Strong horizontal resistance Of 1.92 and we are already Seeing a bearish reaction So I think that a further Move down will follow Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On AUDUSD, we have an important Point of Interest (POI) at the 0.6505 area, created by the market exiting a demand zone. Following the Forex48 strategy, the objective is to wait for a rebound in that zone for a long entry with a target of 0.6550. Let me know what you think. Happy trading to everyone.
On XAGUSD, we have a price that, after reaching the 23.50 zone where we have a supply zone, bounced back down, effectively creating a short setup with an entry at 23.55. I anticipate a short position with a target of 23.10 to test the demand zone and the bullish trend line. Let me know what you think. Happy trading to everyone.
On CHFJPY, the market is forming a long setup following the Forex48 strategy. The setup is around 153.15, where we have a strong demand zone created on May 18th. Therefore, I expect a retracement at this level before entering a long position with a target of 155.40. There is a supply zone at that level, and the price may even break through it to continue the...
Hello traders, we want to check the XAUUSD chart in the 4-hour time frame. The price is moving in a descending channel and managed to break down the key level between 1969 and 1978 and then pull back to this level. We expect this level for us. It will play the role of a resistance level and maintain the downward trend and fall until the specified targets. Good...
Hello traders, we want to check the EURCHF chart in the 4-hour time frame. The price is moving in a downward channel and has pulled back to the previous bottom of the downward trend. We expect this level to act as a resistance level for us and stop the downward trend. maintain and drop to the specified targets. Good luck. EURCHF sell Entry : 0.97545 Stop...
On CHFJPY, we have a price located around 152.90 where we have a strong demand zone. Following the Forex48 Trading Academy strategy, I will aim to wait for a slight upward movement with the formation of a Point of Interest (POI), which is a bullish setup, and then enter a long position with a target of 155.40. Let me know what you think. Happy trading to everyone.
NZDJPY - 24h expiry - We look to Sell at 84.50 (stop at 84.90) Previous support located at 83.50. Previous resistance located at 84.00. Broken out of the channel formation to the downside. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 83.50 and 83.25 Resistance: 84.00 / 84.50 /...
✅GBP_AUD is going up now But a strong resistance level is ahead at 1.92 Thus I am expecting a pullback And a move down towards the target at 1.896 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅EUR_CAD broke the key Horizontal level just as I Predicted and the breakout Is confirmed which reinforces Our bearish bias on the pair And I think that it will Keep falling further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-CHF will soon retest a Falling resistance line And as the pair is locally Oversold I think that we Will see a local pullback From the falling resistance Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On EURJPY, I predict a decline towards 146, where we have a strong demand zone. After the sixth confirmed touch of a bearish trendline around 149, the price has resumed its descent. There is an expectation of a weak euro and a strong USD in anticipation of the congress, while the yen tends to strengthen in times of danger as it is considered a second safe-haven...
EURJPY - 24h expiry We are trading at oversold extremes. This is positive for sentiment and the uptrend has potential to return. The trend of higher lows is located at 146.13. We prefer to consider the medium term trend and expect buying interest to support as prices move lower. Further upside is expected although we prefer to buy into dips close to the...
On NZDUSD, I expect a bounce in the demand zone around 0.5990, with a target in the 0.6130 area. Pay attention to the vote on the US debt. There may be low volatility in today's session, but significant volatility could arrive at 8:30 PM. Let me know what you think. Happy trading to everyone.
On USDJPY, I anticipate a retracement towards the 1.3450 area where we have a significant demand zone that has already resulted in a successful trade last week, and where the market has formed a bullish setup before pushing higher. Therefore, I will enter around 1.3450 with a target at 1.4050. Pay attention to the vote on the US default. Let me know what you...
GBPAUD has broken out of a downtrend channel I am expecting a pull back to move higher. there are multiple confluences to look for a buying opportunity around my area of interest.
I'm adding an analysis a little later. I see gold on the way to 1970 and it will look for SHORT support there. But it is still a good entry for a long. As the chart shows, SL and TP. Always take partials and move SL to be after 30-50 pips profit!