based on historical movement of price and the previous top for price the 30000 is the potential new top for the price. Also according to 1*1 Gann angle at 45 we can expect there will be no great retracement until end of January. What is your Idea about it? Please comment and like if you like the idea!
As you see the market is undecided for today, due to news form stimulus and new corona virus in Great Britain. Earlier today the price broke its support at 0.7567 but again regained much of its lost. I think the best strategy for today is wait and see but in overall the price is bullish and we can say the pair will be strengthen after broke its top at 0.7640...
The price movement is pretty high today, and both support and resistances holds for now. My analyze is telling it is good to watch until one of supports or resistances break. supports: 1855.69 1818.10 17.68.00 resistances: 1907.65 1964.42 Best strategy: With news of agreement on stimulus, the price will be bullish and best place to enter the market is long in...
Be prepared for a volatile session especially if Congress announces a coronavirus-aid package and the Fed comes out as dovish. Today news is extremely important for the market. The price is breached the fibbo level at 104.132 and headed to the November 6 main bottom at 103.177. It is better to lower your risk. I think we will see the new main bottom today!
According to the chart the trend is up and reaching 0.7578 will resume the uptrend. we have to wait until the stimulus agreement to counter trade and short selling. If USD becomes weaker we can see the price at 2018 June top in 0.07677. resistances: 0.7578 - 0.7677 supports: 0.7542 - 0.7507 - 0.7475 - 0.7458 It is better to trade with buy positions.
The main trend is down according to the daily swing chart. A trade through $1879.80 will change the main trend to up. A move through $1767.20 will signal a resumption of the downtrend. the key point for the price is 1823.50 resistances: 1849.90 1870.30 1879.80 supports: 1823.50 181020 1780.50 1767.20
This Week: the Bank of Japan is widely expected to leave interest rates and policy unchanged. The U.S. Federal Reserve meets on December 15-16. Policymakers are going to spend a lot of time discussing the downside risks to the economy. The Fed essentially has four key questions to deal with. With risks mounting, how will officials adjust their asset purchase...
Main trend is up, however the pricing is forming a reversal top with shifting in momentum to the downside. A trade through 1.2178 will resume the uptrend. The main trend will change to down on a move through 1.2059. 1.2119 is the key point for the direction of the price of EUR/USD. Resistances: 1.2178 1.2408 Supports: 1.2059 1.1989
The Main is Down! we are experiencing some little retracement for the price. Since there is no news for stimulus, the main trend still remaining down. the key price for today is 1889.70 where it is the 50 % retracement. Rreaching the price to the 1907.10 will give a good opportunity for sellers to enter. so the signal for today is: SELL entry at: 1903.00 SL:...
According to the Swing chart the top for the price is where up trending Gann 1*1 angle cuts the Fibbo level and they cut each other at 16700. I think after hitting for more time the top we will see a retracement to the 14100 level. these prices are so risky to buy. but if you want to sell you can put the SL above 16720 and TP above 14200. so the signal for...
The price needed some retracement after surge in 4 days ago and right is in overbought place. Key price for today: 105.113 Resistance Zone: 105.570-105.670 Support Zone: 104.425-104.132 Best Trading Strategy for today: SELL Entry: 105.108 TP: 104.478 SL: 105.748 please like and support if this is useful for you!
As you see the main trend is up, but we are in retracement move after reaching top price at 1.1922 Resistance Zone: 1.1807-18.1855 Support Zone: 1.1724-1.1691 Key Price for today: 1.1762 after going up with some good economic news we can see in the New York session the dollar would be strengthen and the price falls again. best trading strategy for today:...
The direction of the USD/JPY will be determined by trader demand for riskier assets and the movement in the Treasury yields. If global equity markets continue to rally on the vaccine news, bond markets will sell off as yields rise and that will cause a repricing across all asset classes, making the low-yielding Japanese Yen a less-attractive investment. Based on...
Based on price action on this week we will have these key price points: resistance: 1889.70 resistance: 1907.10 support: 1842.60 support: 1819.30 (main bottom) The main point for today is: 1889.70 any news about election, vaccine and stimulus can give momentum for gold! Please support this idea with LIKE if you find it useful. *** The information given is...
Based On Gann Analysis today's top will be 0.6904 I think we can enter the market with a reverse trend in 0.6900 this point is the highest price sine a long time ago. Signal: SELL entry: 0.6904 SL: 0.6912 TP: 0.6833
The main point for today : 0.7296 carefully follow the news about stimulus and RBA news. I think we will have a bullish market today! Signal: Entry: 0.7305 TP: .7421 SL: .7253
As we can see in the chart we are approching the retracement 50 % fibbonachi zone: 1.1045- 1.1073 we can see some selling signals in this area but any major news can bring the pair to the upside.
1- Jerome Powell latest words dampened the probability of rate cut in July. this leads to stronger dollar. 2- The negotiations between China and USA about trade war also makes the dollar stronger. 3- The main trend is up. reaching 1.1413 will resume the uptrend. 4- The main range is 1.1448 to 1.1107 which 1.1318 to 1.1278 is the retracement zone of the price....