I anticipate a potential downward movement for AU200 on Monday, driven by the presence of an order block at the H1 (1-hour) timeframe, which signifies a likely supply zone. Traders are advised to carefully assess and manage their risk while aiming for profit in this scenario.
I would like to share our analysis for the EUR/USD currency pair in the upcoming week. My analysis suggests that EUR/USD is likely to experience a downward movement in the near future. One of the key factors contributing to this outlook is the presence of a strong demand area towards institutions. When institutions have a significant interest in a specific price...
Attention Traders, We have an important update for the trading community! It appears that the U.S. Dollar is poised to strengthen significantly in the upcoming week due to a notable order block observed on the daily charts. This suggests a bullish sentiment that may drive the dollar higher. Before taking any trades, it's crucial to emphasize the importance of...
Trend: Bearish Bias: Sell Reason: For order fulfillment, there are necessary supply areas that must be taken up so as to proceed, wait for that price to go there and then enter with a calculated risk.
Trend: Bearish Bias: Sell Reason: There are 3 proper supply areas that must need to be fill for order fulfillment and moving toward the major demand zone, which is shown in h4.
In the GBP/USD trading pair, we have recently witnessed a notable change in market sentiment. The character of the market has shifted to the upside, with a noticeable increase in demand. Traders and analysts are closely monitoring the situation, anticipating that the market will interact with the first demand zone. The GBP/USD pair has indeed approached the first...
"EUR/USD Outlook for Next Week: Bearish with Potential Retracement Based on the current market analysis, the EUR/USD pair appears to be in a bearish trend. It's essential for traders to exercise caution and consider the following factors: 1. **Bearish Momentum**: The recent price action for EUR/USD has shown a downward trend, with sellers in control. 2....
The EUR/USD currency pair is showing signs of a potential downtrend in the near future, driven by technical analysis and key price levels on the charts. 1. Testing Demand (H1): On the H1 (1-hour) chart, there is a significant demand area that has proven to be a crucial support level in recent trading sessions. This demand zone has been tested multiple times,...
There is now no upward movement in gold as sellers are dominating the market and gold is still primarily in a sell position. This will retrace tomorrow and go further down.
BCHUSD will eventually rise, therefore take a moderate risk and profit.
Take a reasonable risk and profit because the price of NAS will rise soon.
Gold is about to hit an all-time high, therefore invest on the buy side If H1 closes during the New York open, there is a chance that gold may retest the level from 1972 and go to the upside. So, don't end up staying in fomo and sell.
Take a calculated risk and profit as the EURUSD trend will eventually turn bullish; the trend is up, so aim to trade in line with it rather than against it.
The trend is overall negative; the USDJPY is declining after some time, so take sensible risks and profits. It hits its last lower bottom before rising.
After some time, EURUSD will be bullish, so take a measured risk and profit.
After a few hours, CHFJPYl will move in the upward direction, so take a reasonable risk and profit.
After a few hours, USDJPY will move in the downward direction, so take a reasonable risk and profit.
After a few hours, GJ will move in the upward direction, so take a reasonable risk and profit.