EUR/NZD Forecast update. The EUR/NZD exchange rate is currently trading at 1.7535, down from its high of 1.7611 on June 15, 2023
Intraday bias will be back on the upside for 1.0944 resistance. However, sustained break of 1.0609/34 will carry larger bearish implication, and target 1.0515 support next. In the bigger picture, fall from 1.1274 medium term top is seen as a correction to up trend from 0.9534 (2022 low).
CHF/JPY rate equal to 163.121 at 2023-09-21 (today's range: 163.093 - 165.007). Based on our forecasts, a long-term increase is expected
For me I just ride the Trend And I think it will fall today
Hi Guys! I believe will see a good trend revearsal on AUDCHF! I have posted my trade manually with 1:3 risk reward Ratio, check it out!
nothing special I just felt it on my heart that it will fall :D
Risky Trade : Short EURAUD Strike Price 1.52360 SL:1.52562 TP1: 1.52162 Tp2: 1.51862 TP3: 1.51362
Trade Signal as follow: Strategy - Scalping, Pattern, New HH Signal Strike price: 1.35963 SL: 20 pips - 1.35524 TP1: 20pips- 1.36160 TP2: 49.7pips 1.36460 TP3: 99.7pips 1.36960
Looking in the hour TF, somehow he respected the golden ratio of Fibonacci giving a good indication that the XAUUSD will walk upward now.
As the price is testing the previous resistance and projects a good head and shoulder pattern after a strong bearish candle, I believe that this trend will still wave downward.
having a good channel at weekly TF with small breakdown below, I believe that it was only a false breakdown and it will be a new trend upward.
Quick Scalping an Hour TF, as it makes a channel downward and obviously it is being magnet by the mid line I believe it will go down
As of now it is not showing any sign of downward or change of trend, somehow for quick trade will go for long and im sure it will hit the take profit.
Since there is a retest at m5 it will go for long, having a strong bullish candle and a breakout at m5, there is a good probability that gold will extend upward
USDJPY - While under the lower Weekly Channel but also are making a new channel with Daily and a strong Push to upper resistance is expected.
Having XAUUSD Topping on a strong recent resistance with the incoming news Price will hit a strong downtrend and hit multiple TP's. Trade with me!
TECHNICAL ANALYSIS - Pre determined direction movement of BTCUSD will surely hit downtrend and hit on those level
End of Lower Trend at daily TF and a big reverse is going to happen on 4HR. Triangle is forming but its uptrend that will prevail.