abidhaider

abidhaider Updated 

Swiss Franc / Japanese Yen is overbought on daily timeframe and making itself prepared for a retracement with the following reasons: Fundamental: Dollar Strength: Analysts point to a possible bearish Elliott Wave pattern in the Dollar Index (DXY) which might translate into weakness for CHFJPY. The Swiss Franc often moves in line with the...

abidhaider Updated 

A bearish divergence is observed on daily chart which may lead it to a price drop due to the following reasons: UK Economic Concerns: News and data releases indicating slower UK economic growth or rising inflation could weaken the Pound. Keep an eye on any upcoming reports about UK's Producer Price Index (PPI) data. If it comes in lower than expected, it could...

abidhaider Updated 

As the market is already in bull run, so will at least touch the top once again for a reverse.

abidhaider Updated 

bearish divergence at H1 indicating that price may go down with the following reasons: * bullishness already played out and now its the time of retracement. * with the support of bearish resistance trendline. * The Swiss Franc is often seen as a safe-haven currency during times of economic uncertainty. If there are global economic worries, investors might flock...

abidhaider Updated 

USOIL is respecting its downtrend channel with a reason that OPEC+ (Organization of the Petroleum Exporting Countries and allies) is considering phasing out production cuts by the end of 2025. This increased supply could put downward pressure on prices, and also a potential global economic slowdown could dampen demand for oil, leading to lower prices, lets monitor.

abidhaider Updated 

A bearish divergence appeared on daily time frame seems the prices may drop in the coming days with the following reasons: Global Economic Slowdown: A slowdown in global economic activity, particularly in major gas-consuming regions like China, could reduce demand for natural gas and weigh on prices. Alternative Energy Sources: An increase in the use of...

abidhaider Updated 

simple Dow theory, lets take a trade on HL, till next H4 level.

abidhaider Updated 

RSI bullish divergence at H4, to confirm it at 5m then take a trade and monitor.

abidhaider Updated 

Gold in a retracement phase for a continual bearish trend, lets observe.

abidhaider Updated 

There is a bullish RSI divergence at H4, a trade of RR 1:2 is placed, let's monitor

abidhaider Updated 

waiting for the effect of bearish divergence to be played at H1

abidhaider Updated 

bearish movement in a channel, lets observe the trade.