GBPUSD in the first half of 2024A glimpse of the GBPUSD in the first half of 2024
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Priceactiontrading
GBPNZD in the first half of 2024A glimpse of the GBPNZD in the first half of 2024
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EURUSD in the first half of 2024A glimpse of the EURUSD in the first half of 2024
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EURNZD in the first half of 2024A glimpse of the EURNZD in the first half of 2024
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EURJPY in the first half of 2024A glimpse of the EURJPY in the first half of 2024
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EURGBP in the first half of 2024A glimpse of the EURGBP in the first half of 2024
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NZDCHF in the first half of 2024A glimpse of the NZDCHF in the first half of 2024
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DXY in the first half of 2024A glimpse of the DXY in the first half of 2024
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CADCHF in the first half of 2024A glimpse of the CADCHF in the first half of 2024
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BCOUSD in the first half of 2024A glimpse of the BCOUSD in the first half of 2024
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NZDCAD: Price Action Bearish Signal 🇳🇿🇨🇦
NZDCAD formed a head & shoulders pattern after a test
of a recently broken horizontal structure support.
I think that the pair may continue falling, after
the release of Crude Oil Inventories data today.
Initial target - 0.8115
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GOLD (XAUUSD): Intraday Bullish Price Action 🥇
Update for Gold intraday price action:
I see a bullish triangle again - after some accumulation,
the price violated its neckline and set a new higher high higher close.
Bullish violation is one more important sign of strength of the buyers
and may push the prices higher.
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GBPJPY: Growth Will Continue 🇬🇧🇯🇵
Update for GBPJPY.
Earlier, I shared a very bullish forecast for the pair on a daily.
Analyzing the intraday price action today, I see strong confirmations
of my predictions.
On a 4H, the price broke and closed above a resistance line of a falling channel,
retesting the broken trend line, the price formed a double bottom
and violated its neckline.
We can expect more growth now.
Intraday goals: 192.1 / 194.64
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NZDJPY Analysis of PreferForexNZDJPY is in bearish bias, it has broken the recent bearish market structure at 90.35 level. The price is now retracing back to the upside. There is an unmitigated strong point of interest (POI) at the 90.90 level, and it is advisable to wait and observe how the price reacts at this level. A bearish continuation movement is expected if the price reacts to this zone.
ZS short term upward reversal. ZS is trying to reverse downtrend. Bearish upthrust has been weakening over the last two weeks and price has already set daily higher low on the pre-market. For reversal to happen bulls must protect 192.5 and build value above 196.
If the reversal happens it will probably not to last long as we're in a monthly consolidation. But it still can provide some nice profit
Example of a possible trade is shown on the graph.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
EURCHF: Bearish Move From Key Level 🇪🇺🇨🇭
EURCHF reached a key daily horizontal resistance.
The pair looks overbought and as a confirmation of that I spotted
a double top formation on an hourly time frame.
I shorted the pair on a retest of a broken neckline.
Target - 0.958
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Tesla is in tight range; bracketingInteresting setup on NASDAQ:TSLA
Price was bracketing for the last four days. The high level context is certainly bullish (daily uptrend, strong market) but bulls met strong resistance as they tried to close gap from January 24th. Two possible ways to play it LONG: either from range bottom with profit target at range high and above; or wait for bullish break out and go with it if it holds. Regardless of what you do always wait for confirming signals before commencing trade
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
GBPNZD: Pullback From Key Level 🇬🇧🇳🇿
GBPNZD formed a cute double top formation after a test of a key horizontal resistance
on a 4H time frame.
Because the pair is quite overbought, we may see a retracement from the underlined blue area.
Goals: 2.068 / 2.061
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