On NZDJPY, we have a price that is currently in the 84.48 area, where we have a demand zone. The price is creating a significant liquidity area there, and a long setup could potentially be formed to reach the 86.60 area, covering the entire market inefficiency. Let me know what you think. Happy trading to everyone.
On this pair, I predict a price return to the 172.47 area, where we have a demand zone. There, I believe the price will create a long setup for a return to the 174 area, which represents all-time highs. Let me know what you think. Happy trading to everyone.
✅AUD_CHF is trading in a Downtrend along the falling Resistance line so I am Bearish biased and IF We see a bearish breakout Then I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD was trading in a Downtrend for a long time But now we are seeing A bullish breakout so It seems that a bullish Correction is now coming Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! APPLE is going up now But a very strong horizontal Resistance is ahead at 182$ From where I think we will See a bearish correction And a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On GBPUSD, we have a market that is currently at the 1.2430 area, where we have an excellent point of interest (POI) with a supply zone. The price could potentially drop with a great trade risk-reward ratio of 2.5 in the 1.2340 area, and then bounce back up to the 1.2470 zone where we have a strong supply zone. Let me know what you think. Happy trading to everyone.
On XAUUSD, we have a long setup that, after creating false lows around 1935 and effectively spiking on a demand zone, the price has risen, breaking previous highs and creating a perfect long setup for a trade entry. All of this follows the Forex48 strategy. Therefore, I entered the position at 1940 with a target of 1981. Let me know what you think. Happy...
IOTA with ticker IOTUSD made an impulsive recovery into first leg (A)/(1) at the beginning of 2023 after we spotted a completed 5th wave at the end of 2023. It made a deeper decline recently, but it can be also trading in final stages of wave C of a higher degree A-B-C corrective drop within wave (B)/(2). However, to confirm support in place and further rally for...
EURCHF - 24h expiry Trades at the lowest level in 32 weeks. There is no clear indication that the downward move is coming to an end. The previous swing low is located at 0.9677. A break of the recent low at 0.9674 should result in a further move lower. We look for losses to be extended today. We look to Sell a break of 0.9673 (stop at 0.9693 Our profit...
✅NATGAS has formed a bearish Flag pattern while trading in a Downtrend so IF we see a breakout Then I think that the price Will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
On AUDUSD, we have a price that, after forming a demand zone around 0.6530, retraced to the 0.75 Fibonacci level, creating a long setup. The target for this trade is 0.6650 with a risk-reward ratio of 1:6. Let me know what you think. Happy trading, everyone.
CHN50 - 24h expiry - We look to Sell at 12650 (stop at 12730) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. 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...
Ethereum - 24h expiry - We look to Buy a break of 1926 (stop at 1876) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term indicators have turned positive. We look for gains to be extended today. A break of the recent high at 1925 should result in a further move higher. Our profit targets will be...
Hello,Traders! AUD-NZD is making a Bullish correction now but A falling resistance will be Hit soon and given that the Pair is locally overbought I think that we will see A move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! AUD-USD is in the downtrend And the pair is making A bullish correction to Retest the horizontal Resistance of 0.66 From where I believe The move down will continue Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On NZDCAD, the price declined to the 0.8220 area, forming a bearish setup according to the guidelines of the Forex48 strategy. Therefore, the objective is to wait for a retracement to the 0.8240 area and then enter a short position with a target of 0.82 and a risk-to-reward ratio of 1:2.5. Let me know your thoughts. Happy trading to everyone.
On EURCHF, we have a bearish setup this morning with the price declining and forming a short setup, making it an excellent entry point around 0.971 area. The trade offers a 1:25 risk-to-reward ratio, which is a great setup with the Forex48 strategy. Let me know what you think. Happy trading to everyone.
Bitcoin is undergoing a corrective phase following a significant 57% upward movement. I anticipate a decline in Bitcoin's value by at least 20%, as it currently resides within a bearish channel. However, once it reaches the range of my particular interest, which lies between 24836.98 and 25335.01, I expect Bitcoin to break out of the channel. Several factors...