Forex_Time_AN

Forex_Time_AN May 20

On weekly charts prices made a sharp upward move and breaking trend line support. Now retesting the same spot. On 4 Hour chart prices are consolidating with imminent pattern of Inverse H&S creating confluence of support. A move taking price above 0.85 is expected in short term.

Forex_Time_AN Feb 25

Some how gold needs some rest. Gold on 4h and weekly basis made a double top and touching that trend line making a good case for downward move in this upward trending market.

Forex_Time_AN Jul 12, 2024

Pair is moving in the direction ⬆️ and has a decent breakout recently. We expect further upward movement.

Forex_Time_AN Jun 28, 2024

As the pair moved from 155 to the highs, we have seen it followed bookish definition of Upward Trend i.e Higher highs and higher lows. The last low formed is at 160.30 and therefore a level to be watched. If the level is broken marked by red horizontal line, we will see initial signs of trend reversal on smaller time frames. Important Note: Also we are...

Forex_Time_AN Jun 28, 2024

The pattern developing at the top suggesting slowdown in absolute bullish momentum. If the rising channel is broken then on retest we may see a sell side entry with good RR ratio. On the watchlist for now.

Forex_Time_AN Jun 26, 2024

The pair is an extended rally however the levels at which it holding back for last 4 sessions in 2005-2006 highs. On 4 HR timeframes, pair started consolidation and break out on lower side will further open ways for deeper correction till 95.50. Double top formation expected on higher time frames.

Forex_Time_AN Jun 26, 2024

]EURUSD is moving in the long term channel as shown. In short run possiblity of touching the upper line of channel citing to a bull flag formation on weekly charts. These are long term chart patterns and can br used in coordination with STF charts to look for trading opportunities. Good Luck

Forex_Time_AN Jun 24, 2024

Even though trend is bullish but these levels are not ordinary levels. Last timei n April of this year, we saw 5% drop in this pair due to BOJ intervention. In these levels however we are taking a small sell position with 1:5 RR in sight. Let's see how it rolls.

Forex_Time_AN Jun 24, 2024

Pair is making an inverse Head & Shoulder on weekly chart. Further consolidation on daily chart near trend line and last high making high grounds for an upward move.