forexcitysignal

forexcitysignal

This chart is a USD/JPY (U.S. Dollar/Japanese Yen) 4-hour timeframe analysis. Let's break it down: Price Action: The chart shows a significant downtrend, with the price moving lower over time. Recent candles indicate selling pressure, particularly in the last few candles as the price pushes down further. Key Levels: Resistance Zone (Upper Red Lines):...

forexcitysignal

USDJPY Your chart is a 4-hour time frame for the USD/JPY currency pair. Here's an analysis based on the information presented:

forexcitysignal

For a Buy Position: Entry: Above 2,509.82 (on a confirmed breakout). Stop Loss (SL): Place your SL slightly below the support at 2,500.00. A safe SL could be around 2,498.50. This helps in avoiding minor fluctuations that could otherwise hit the stop before the price moves in your favour. Take Profit (TP): The first TP target could be at the next...

forexcitysignal

Your chart is a 4-hour time frame for the USD/JPY currency pair. Here's an analysis based on the information presented: Downtrend Channel: The pair has been in a downtrend, indicated by the descending channel marked with red trendlines. Following this channel, the price has consistently made lower highs and lower lows. Breakout: The price appears to have...

forexcitysignal

The chart predicts a bearish reversal from the identified selling zone near 41,000, with potential targets around 40,820 and 40,780. The arrows indicate the possibility of a downtrend following the price's interaction with the selling zone. This analysis suggests that a short position might be considered if the price shows rejection in the selling zone. However,...

forexcitysignal

While the longer-term trend on this chart is bullish, the immediate situation hints at a possible short-term bearish correction. If the price breaks below key support levels, particularly the upward trendline, the trend could shift to bearish in the short term. However, until those support levels are broken, the overall trend remains bullish. Support and...

forexcitysignal

Chart indicates a potential bullish move in the USD/JPY pair, with a target around the 147.00 level. The trade setup shows a strong support level at 145.00, with a tight stop loss, suggesting a calculated entry into the market. If the price continues to respect the support at 145.00 and breaks higher, the trade has a good chance of reaching the target.

forexcitysignal

Bearish sentiment for GBP/AUD in the short to medium term. The market targets lower levels, potentially towards the blue and red zones marked on the chart. Further declines are likely if the price continues to respect the descending trendline and resistances such as the OB and FVG.

forexcitysignal

✅CAD/CHF 1H Chart Buy Entry : 0.6306 Targets : 0.6326 / 0.6356 / 0.6406 Stop : 0.6265

forexcitysignal

AUDJPY Buy Idea : ✅ AUD/JPY 1H Chart Buy Limit Entry : 96.82 Targets : 97.02 / 97.32 / 97.82 Stop : 96.47

forexcitysignal

✅GBPUSD 1H Chart Sell Entry : 1.2960 Targets : 1.2940 / 1.2920 / 1.2900 Stop : 1.2985d

forexcitysignal

USDCHF has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance Price decline is to be expected SHORT…