MarlyForex1

MarlyForex1

Monthly Overall sentiment Bullish, I'm expecting price to continue lows having come of a tweezer top candle formation last month with price failing to close above this resistance level at 0.9375 for 2 years now with almost identical PA coming of those very highs. we have EMA support which if breached will be further confluence for big move to the downside. ...

MarlyForex1

FX:XAUUSD Monthly So the big question is where is GOLD going next?! As shown on the Monthly chart GOLD has been extremely bullish throughout 2023/2024. My outlooks is mixed with current PA but mostly LONG GOLD, I can't see any real reason to short XAUUSD especially looking at this Monthly chart as we have dynamic support from the EMA's, strong bullish...

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MarlyForex1

As outlined in the video i expect this pair to continue short as it has been the last few weeks, toward the end of last week it did pull back quite abit, along with all other AUD pairs so i was just watching it for another entry which it has given. I must say the position is pretty text book and i will have eyes on for the market open and the first few higher...

MarlyForex1

Monthly Monthly PA is overall bullish, with last months candle continuation of bullish PA coming off morning star set up. I expect this months candle to continue bullish and likely fill out previous wick. All EMA's are bullish and acting as dynamic support. Weekly Weekly PA has printed quite a large doji candle, Showing some indecision which is expected...

MarlyForex1

Massive H&S Pattern printed and confirmed on Daily timeframe I have been monitoring this pair for it to present lower high which has been fulfilled at 38.2 Fib level EMA's on majority timeframes are bearish along with GBP strength coming in towards the end of last week On the 1hr timeframe as will shown below price has broken below the previous M Supp level...

MarlyForex1 Updated 

M Bearish, price below Emma's bearish since June, previous M had a huge wick to the downside I expect to fill somewhat fifths position plays out. W Three consecutive weeks price has failed to close above 1.1180 area with this current week also rejecting this area. Price is below Ema's and very strong key area around 1.1170. D Price is currently sitting on...

MarlyForex1 Updated 

ICMARKETS:EURAUD M Bullish was bearish beginning of 2024 but recently has recorrected into HH,HL EMA Support, strong retest of M Supp and rejected expect level to hold W Bullish W HL, EMA's acting as support along with M Supp level. Monthly support level was breached by 20pips to 1.6450 D Bullish, price bounced of 0.50 Fib area with a bullish...

MarlyForex1

M Bearish, price rejected M Res twice at 38.2 Fib Level. EMA resistance Price currently sitting just above 20 EMA potential support but if broken once again should see sell off W Bearish Continuation, LH,LL printed. EMA Resistance D Bearish engulfing coming of a pullback to most current lows at 38.2 Daily Fib along with Strong EMA resistance. Price is...

MarlyForex1

M Bullish Consistent HH & HL, EMA cross to upside W Bullish Price above EMA (sidewards) From PM Doji H,HL, Potential HH to be printed D Pull back could have already played out at bounce on 38.2, however if price continues lower ill expect bounce on EMA at 0.50 Fib Price finding support at EMA's, EMA sitting just above 0.50 Fib potential small gap down...