On AUDCHF, the Forex48 strategy has identified a supply zone at 0.6030, where a setup for a short trade has formed. Currently, we have a weak AUD, but it could recover and potentially bounce back to the mentioned zone overnight after the news. However, I predict a decline with the strengthening of the Swiss Franc, which is traditionally a safe haven currency,...
On this pair, we have a strengthening dollar following the afternoon sales data. As you can see, my analysis predicts a price rebound around 0.89 with a target at 0.8990. Right in that area, we have a demand zone with a Point of Interest (POI). Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
On this pair, we have a clearly bearish price with an excellent entry point identified around 1.2550. The objective is to wait for a textbook retracement before entering short. I remind you that I am following the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
I have to be honest, the week started off great on this pair. Forex48 strategy is already up +16%. Overall, we have gold that is caught in a vice between a demand zone around 2015 and a supply zone around 2060. After today's movement, the direction of gold is even clearer. We have a price that is heading towards 2100. The dollar no longer has strength, a currency...
NZDUSD is presenting a bullish setup, today the price has risen after the release of US inflation data. Currently, the price is located within a supply zone around 0.6370. My plan is to wait for a retracement to the 0.6340 area where I have marked a point of interest (POI), and there I will look for an entry point for a long trade. The trade target is set at...
On this pair, we have a price that is located at 1.9830 within a really strong demand zone. Using the Forex48 strategy, I have identified a supply zone around 1.9940, within which a bearish setup has formed. As you can see, I have marked my entry point in yellow. So, to summarize, I will wait for a price bounce in the 1.9940 area, after which I will open a short...
✅USD_JPY is trading in an uptrend With the pair now retesting The rising support line From where I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅SILVER is now stuck inside The parallel range and the Price is making a pullback From the resistance of 26$ And I am locally bearish baised So I think that the price will Go down to retest the support At around the 24.8$ level SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! APPLE is trading in an Uptrend and the stock Made a rebound from the Rising support just as I Predicted in my previous Analysis, however, a strong Horizontal resistance of 175$ Is about to be retested and As the stock is locally Overbought I think that We will see a bearish Correction and a move down Sell! Like, comment and subscribe to...
✅GBP_CAD is now retesting a strong support level of 1.684 After a local correction move And I think that we will see A rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-CAD is trading below The falling resistance and It is about to retest it So I think we will see A local pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On eurcad we are seeing a price drop towards the 1.46500 area where we have a demand zone. the zone seems to be interesting and according to the forex48 strategy, the objective is to wait until the price breaks the high at 1.4695 before setting up a long setup. Let me know what you think. Happy trading everyone. Forex48 Trading Academy
AUDUSD - 24h expiry There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 0.6806. We are trading at overbought extremes. A lower correction is expected. Short term bias is bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at...
Scalping, Scalpingg. Has taken my heart. Discipline and Patience. Aggressive when it times to be aggressive. Fearless when it's time to be fearless. Trust in thy system and process. And Gold to be attracted to thy pocket with time and accumulate in ever increasing quantities. Will bulls hold 1.1024 4hr Zone? Or as the Daily candle flips bearish at 1.10239 will...
On USDCAD, we have great long potential, given the strength of the dollar, which is gradually rising. There will be inflation and GDP data released this week, so we may see some dollar increases between Wednesday and Friday. In this analysis, I have identified a possible long entry point at 1.3340. Please note that this is a setup defined through the Forex48...
✅EUR_USD was trading along the Rising support for a while but now We are seeing a bearish breakout Which is confirmed so I think that After the pullback and retest we Will see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! BITCOIN is going down now But a strong horizontal support Of 26.650$ is ahead so After the retest I think We will see a rebound And a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On this pair, a bearish setup has emerged after the price created a supply zone in the 149 area. The FOREX48 strategy involves waiting for the price to drop down to the 146.50 area, where a POI zone has been identified, namely a demand zone within a larger demand zone. The objective is therefore a long trade with a target to be evaluated at the time of opening....