PIPSFIGHTER

PIPSFIGHTER Oct 10, 2024

On the AUD/USD 1-hour chart, the price has reached a key support level. This level represents an area where buying interest has previously stepped in, preventing further declines in price. The support zone indicates a potential reversal point, as the selling pressure may weaken and buyers could start to dominate. Forecast: Buy Given the strong support level, a...

PIPSFIGHTER Oct 10, 2024

A rising wedge pattern has formed on the CHF/JPY 1-hour chart. This pattern typically indicates a bearish reversal, characterized by a narrowing price range with higher highs and higher lows, suggesting weakening momentum. As the price consolidates upwards within this wedge, volume often declines, hinting at an impending breakout to the downside. Forecast:...

PIPSFIGHTER Oct 9, 2024

#GBPCAD 1-Day Forecast Sell based on a Trendline Breakdown On the daily chart for #GBPCAD, we are witnessing a bearish trendline breakdown, signaling a potential sell opportunity. The price has consistently respected a key upward trendline, but recent price action has seen a decisive break below this level, indicating a shift in market sentiment from bullish to...

PIPSFIGHTER Oct 9, 2024

#XAUUSD 30-Minute Forecast Sell with an Order Block Pattern On the 30-minute chart for #XAUUSD, we are seeing a shift in momentum towards a downward trend, signaling a potential sell opportunity. Price action has broken key levels, and the market is now favoring bearish sentiment. We are closely watching **two order block areas** for further downside...

PIPSFIGHTER Oct 9, 2024

Based on the 1-hour analysis, I’m personally eyeing a buying opportunity around the 2600.00 - 2598.00 levels. Targets: 2610.00 2620.00 2622.26 Avoid placing any advance orders at the moment. Instead, wait for solid bullish confirmations before entering the trade. #XAUUSD

PIPSFIGHTER Oct 9, 2024

Based on the current 4-hour analysis, we’ve identified two key zones for potential swing-long positions on #XAUUSD: 1. 2600.00 - 2695.00** 2. 2558.00 - 2560.00 At this stage, it’s best not to place any limit orders. Instead, wait for solid **bullish confirmation** before entering any positions. Time to swing!

PIPSFIGHTER Oct 9, 2024

#EURCAD 1-Day Forecast Sell based on a Channel Pattern On the daily chart for #EURCAD, the price is moving within a clearly defined **descending or horizontal channel**, signaling a potential **sell opportunity**. The price has been respecting both support and resistance levels, forming a continuous trend inside the channel, with a bearish bias dominating the...

PIPSFIGHTER Oct 9, 2024

#NZDJPY 4H Forecast Buy with a Channel Pattern On the 4-hour chart for #NZDJPY, the price is trading within a well-established ascending or horizontal channel, presenting an opportunity for a potential buy. However, traders must remain cautious of a possible support breakdown, which would signal a sell opportunity. Key Insights: 1. Channel Pattern: The price is...

PIPSFIGHTER Oct 9, 2024

On the 2-hour chart for #CHFJPY, the price is currently moving within a well-defined channel pattern, suggesting a potential breakout or breakdown scenario. Traders should prepare for both directions, with opportunities to either buy or sell depending on how the market reacts to key levels. Key Insights: 1. Channel Pattern: The price is fluctuating between a...

PIPSFIGHTER Oct 9, 2024

The copper market on the 4-hour chart is showing signs of a bearish trend, with a notable support level breakdown. This indicates weakening buying pressure, leading to a potential sell opportunity. Key Insights: 1. Support Breakdown: The price has recently breached a critical support level, suggesting a shift in market sentiment from bullish to bearish. 2....

PIPSFIGHTER Oct 8, 2024

GBP/JPY daily chart, the overall trend appears to be an uptrend, but a potential **sell opportunity is emerging. Here's a breakdown of the situation: 1. Uptrend Formation: The pair has been trading in an upward direction, characterized by higher highs and higher lows, indicating that bullish sentiment has been dominant over the past days. 2. Potential Reversal...

PIPSFIGHTER Oct 8, 2024

In the USD/CHF 1-day chart, a breakout from a channel pattern has occurred, signaling a potential bullish trend reversal. The channel pattern typically forms when the price oscillates between two parallel trendlines, representing support and resistance. A breakout above the upper boundary of the channel suggests that buyers are gaining control and that the bearish...

PIPSFIGHTER Oct 8, 2024

In the USD/CHF 1-day chart, a breakout above the downtrend line has occurred, signaling a potential shift from the previous bearish trend. This breakout is often seen as an early indicator of a bullish reversal, suggesting that buying momentum is building. The breakout above the downtrend line presents a buying opportunity, especially if it is confirmed by strong...

PIPSFIGHTER Oct 7, 2024

The EUR/CAD pair on the 1-day chart is approaching a key support level that could potentially signal two scenarios depending on price action. Here's a description for both scenarios: Bullish Scenario (Buy Support Bounce): Pattern & Support: The EUR/CAD pair has been trading within a range, and the price is nearing a strong support level that has been tested...

PIPSFIGHTER Oct 7, 2024

#NZDUSD Weekly Outlook Timeframe: H1 The market trend is bearish. We'll prioritize sell opportunities at the order block. Wishing you a successful trading week ahead!

PIPSFIGHTER Oct 7, 2024

#NAS100 Weekly Outlook Timeframe: H1 👉 The market trend is currently bearish, so our primary focus will be on sell positions near the order block. Good luck for the upcoming week

PIPSFIGHTER Oct 7, 2024

EUR/USD 1-Day Chart Analysis: Pattern: The EUR/USD currency pair is forming a channel pattern on the 1-day chart. This indicates that the price has been moving between two parallel trendlines, where the upper trendline acts as resistance and the lower trendline acts as support. The pattern suggests that the market is in a consolidation phase with no clear...

PIPSFIGHTER Oct 4, 2024

#XAUUSD #Gold Intraday Analysis (M30) We maintain a strong bullish bias until the previous high is breached. With the NFP release today, gold may see further upward momentum. Consider buying before the NFP or avoid trading gold today altogether.