GBP/USD Analysis: Sterling's Dance with the Dollar The GBP/USD currency pair, often referred to as "Cable," represents the exchange rate between the British pound (Sterling) and the US dollar. As of August 6, 2023, the pair stands at 1.2748, reflecting the current market sentiment and economic factors influencing both currencies. Recent Market Movements: The...
EURUSD 4H 08/01/2023 Market Overview EUR/USD's fall from 1.1274 continues today, and intraday bias stays on the downside. but we are still bullish as long as support holds
DXY 1W Idea DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 101.200 support and resistance zone.
USDCHF is bouncing back from the higher low level of an Ascending channel in the Daily Timeframe chart.
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AUDUSD is moving in an uptrend after reaching the higher low zone in the daily timeframe chart.
AUDUSD has broken the strong resistance in the Fifth attempt in the 4-hour timeframe chart.
EURCHF has reached the higher low level of a descending channel in the 4-hour timeframe chart. Expecting a bounce back from this zone.
Gold is breaking the long waiting resistance zone 1800
NZDUSD bounced back from the higher low level of an uptrend line and start to continue its an uptrend in the 4-hour timeframe chart.
EURCHF 4H Market Overview Possible Sell opportunity, Price has just rejected the supply zone with a very nice engulfing bar. We can make a short trade right after the candle. EURUSD also confirmed with a downtrend and bouncing off 1.07500 key level, break and retest of channel base res, and supporting line.... Price is trading below 21EMA. It could be a good...
AUDCHF 4H Market Overview Possible Sell opportunity, Strong rejection from Resistant area, Finally price reached the resistance line of the Flag and is finding resistance. Possibility is very high for a downward movement than for an upward one Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment...
CADCHF 4H Market Overview Possible Sell opportunity, Strong rejection from Resistant area, we'll be looking to short the Cad-swiss from this area - Price has been contained in a little ascending channel towards .7050 resistance, I expect a move to downside going for .69666 and 2nd target .69100 Manage Your risks Accordingly. Traders! if you like my ideas and do...
EURUSD 4H Market Overview Possible Sell opportunity, Strong rejection from Resistant area, target around 1.6900 Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice and...
GBPNZD 4H Market Overview Possible Sell opportunity, Short Term Bullish Move to touch 800EMA can Happen, Targetting the next two possible support areas, Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together. Disclaimer the content on this analysis is subject...
USDCHF 4H Market Overview Possible Buy opportunity, Short Term Berish Trend Expected Before the Up Move, Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice and is...
EURUSD 4H Market Overview Possible Sell opportunity, Short Term Bullish Trend Expected Before the Down Move, Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice and is...