Hey Everyone, Another great day on the charts today with our chart idea playing out, as analysed. Yesterday after hitting the bearish target 2567, we stated that we need ema5 to cross and lock below 2567 to open the retracement range for a test and failure to lock below 2567 and we will see the Goldlturns above being re-tested. - No cross below 2567 confirmed...
NAS100USD / 4H TIME FRAME HELLO TRADERS The text indicates a decline in July by 16.62%, followed by a recovery in August with a 15.64% increase. This suggests a reversal or correction phase from the previous decline. Prices are trading below the key level of 19,954. This level is pivotal, as it serves as a reference point for determining future price...
XAUUSD / 4H TIME FRAME HELLO TRADERS In the month of August, prices started to increase until September by 10.04%, reaching a new historical peak of $2,600. As long as they remain below this level, it indicates a decline at a rate of 2.66%. Technically analysis : Gold reached a historical peak of $2,600 but began to decline following a speech by Jerome...
EURUSD / 4H TIME FRAME HELLO TRADERS Month-by-Month Price Movements: June : Prices increased by 2.48%, indicating a bullish trend during this period. July: A reversal occurred with prices decreasing by 1.48%, showing market correction or loss of momentum. August: Prices surged again by 3.88%, suggesting renewed market strength or positive market...
GBPUSD / 4H TIME FRAME HELLO TRADERS The price movement reflects both technical and fundamental factors. The 3.58% decline in July can be attributed to global economic uncertainties, such as inflation fears or weakening consumer demand. This decline likely hit key support levels, prompting traders to adopt a more cautious stance. However, the 4.71% recovery...
NAS100USD / 4H TIME FRAME HELLO TRADERS Tendency , prices trading below 19,954 , it indicates under downward pressure Prices are expected to remain under bearish pressure as long as they trade below the key levels of 19,954 and 19,535. Should the price stabilize and remain below these thresholds, a decline towards 19,187 is anticipated. A breach below this...
USOIL / 4H TIME FRAME overall trading above 67.59 , expected under upward pressure . Currently, prices are holding above the crucial support level of 67.59. As long as they maintain this position, an upward move towards the next resistance levels of 69.98 and 71.59 is likely. The 71.59 level is particularly important, as breaking through it would serve as...
BITCOIN / 4H TIME FRAME HELLO TRADERS overall trading below 60,895 , it indicates prices of bitcoin under downward pressure. Currently, prices are rising, approaching a critical turning point at 60,895. As long as trading remains below this level and stabilizes underneath it, a decline is expected, potentially reaching the support level at 57,827, and...
Hey Everyone, Slow start to the week with ranging movement following on from the breakout last week into this ATH range. However, as analysed we got the first Bullish target hit today at 2581 during Tokyo session. We now have a ema5 lock above 2581 opening upto 2591, which gave just over 40 pips and remains open. We need to also keep in mind the Bearish gap...
This past week, the Japanese yen was the strongest currency against all the major forex markets. Meanwhile, its counterparts performed mildly. How long will the yen be dominant? What about the other currencies? This week consists of several high-impact, interest rate-related events that will surely be a spectacle. Let's discuss each major forex currency's short...
USDJPY / 4H TIME FRAME HELLO TRADERS overall , under downward pressure , until trading below straight channel Currently, prices are trading below the straight trend channel, indicating downward pressure. As long as prices remain below this channel, a decline is expected, potentially reaching 138.810. If prices fall further, they may approach...
EURUSD - 4H TIME FRAME HELLO TRADERS Tendency , trading under bullish pressure . Currently, prices are trading above the 1.102 level. As long as the price remains above this threshold and shows signs of stabilization, it is expected to rise further, potentially reaching 1.110 and then 1.113. Should the price surpass 1.113, there could be additional gains,...
XAUUSD / 4H TIME FRAME HELLO TRADERS overall trading under downward pressure , until trading ATH prices below 2,589$ . Prices remain under bearish pressure as long as they are trading below the all-time high (ATH) of $2,589. Sustained trading beneath this critical resistance level indicates a continued downward trend, with an expected decline first targeting...
From the previous week we can see that EURJPY closed quite bearish confirming the presence if selling momentum in the market we could see that momentum continue into area of 155.000support that seems to b a high value area for this pair. Have a good trading day guys
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are in a new rage but just like last time we were able to generate accurate levels to use for the coming week. We are seeing price between two weighted levels. We have 2581 Goldturn resistance and 2567, as Goldturn support. We currently have a gap above on market open at...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2590 Goldturn resistance and we have 2564, as Goldturn support. We currently have a gap open above at 2590 and below at 2564 and will need ema5 cross and lock on either weighted level to determine the next range. We...
Hey Everyone, Please see update on our daily chart structure that we have been tracking and trading successfully for a while now. Last week we stated we stated that we still have the candle body close above 2521 for the gap to 2566 and we would need Ema5 lock to further confirm and strengthen this gap. Currently ema5 is playing just under it and we will continue...
Hey Everyone, Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months. Previously we stated that we had the candle body close above 2505 leaving a gap to 2557. We also stated that we need to keep in mind that we have a ema5 detachment below highlighted on the chart with a circle for a possible correction...