Smartmoneytrading
USDIDR - Short Opportunity from resistance zonePEPPERSTONE:USDIDR is testing a significant resistance zone that has consistently reversed bullish trends into bearish moves. The recent bullish push into this area suggests potential selling opportunities.
I personally anticipate a move toward 16,215.2.
On the other hand, a break above this resistance could indicate a shift in sentiment.
Traders should monitor this zone closely and wait for confirmation before entering short positions. If you have any thoughts on this setup or additional insights, drop them in the comments!
USD-CAD Will Keep Growing! Buy!
Hello,Traders!
USD-CAD is trading in a
Strong uptrend and the pair
Made a bullish rebound from
The rising support line just
As I predicted in my previous
Analysis and is now breaking
The horizontal resistance
Of 1.4700 so we are bullish
Biased and we will be
Expecting a further bullish
Continuation next week
Buy!
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USDCAD at Key Resistance: Bearish Bounce ExpectedOANDA:USDCAD is approaching a significant resistance zone, marked by historical price rejections and strong seller activity in the past. The current market structure indicates the potential for a reversal in this area if price action confirms seller strength.
If the price confirms rejection from this resistance zone, I anticipate a move downward toward the 1.43925 level, which represents a logical target within the current market structure
What are your thoughts on this analysis? Feel free to share any additional insights or alternative perspectives in the comments!
USD_CAD WILL GO UP|LONG|
✅EUR_USD 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 resistance above at 1.4440
LONG🚀
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USD-CAD Strong Uptrend! Buy!
Hello,Traders!
USD-CAD made a bearish
Pullback from the resistance
Level of 1.4469 just as I
Predicted in my previous
Analysis but as the pair is
Trading in a strong uptrend
We are bullish biased so
After the pair retests the
Rising support line we
Will be expecting a
Further bullish move up
Buy!
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NZD_USD SWING LONG|
✅NZD_USD will be retesting a support level soon at 0.7950
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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NZD-JPY Will Fall! Sell!
Hello,Traders!
NZD-JPY made a confirmed
Bearish breakout of the key
Horizontal level of 87.900
While trading in a local
Downtrend so we are
Bearish biased and we
Will be expecting a
Further bearish move down
Sell!
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GBP-CAD Bearish Breakout! Sell!
Hello,Traders!
GBP-CAD is trading in a
Downtrend and the pair
Broke a key horizontal
Level of 1.7666 and the
Breakout is confirmed
Which reinforces our
Bearish bias and makes
Us expecting a further
Bearish continuation
Sell!
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USD_CAD RESISTANCE AHEAD|SHORT|
✅USD_CAD is about to retest a key structure level of 1.4470
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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GBP_NZD WILL GO UP|LONG|
✅GBP_NZD will be retesting a support level soon at 2.1900
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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NZD-USD Swing Long! Buy!
Hello,Traders!
NZD-USD keeps falling down
In a strong downtrend but
The pair is locally oversold
And as it is about to hit a
Massive horizontal support
Of 0.5512 we will be expecting
A local bullish rebound and
A further bullish correction
Buy!
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USD-CAD Locally Overbought! Sell!
Hello,Traders!
USD-CAD is trading in a
Strong uptrend but the
Pair is locally overbought so
After the retest of the
Horizontal resistance level
Of 1.4466 from where
We will be expecting a
Local bearish correction
Sell!
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