forexcitysignal

forexcitysignal

Gold (XAU/USD) is at a crossroads. Upside Possibility? 🤔 If the price maintains stability above $2,906-$2,909, there could be room for a move toward $2,914+, but only if the market sentiment remains favorable. Downside Concerns? 🧐 A slip below $2,899 might encourage some downward momentum, possibly testing $2,880, though it depends on how the price reacts at key...

forexcitysignal

Gold (XAU/USD) is at a crossroads. Upside Possibility? 🤔 If the price maintains stability above $2,906-$2,909, there could be room for a move toward $2,914+, but only if the market sentiment remains favorable. Downside Concerns? 🧐 A slip below $2,899 might encourage some downward momentum, possibly testing $2,880, though it depends on how the price reacts at key...

forexcitysignal

Market Structure: Break of Structure (BOS): Indicates prior bearish momentum. Change of Character (ChoCH): Signals a potential trend reversal to bullish. Demand Zone (Highlighted in Blue at ~187.500): Price reacted strongly, causing an impulsive move up. Supply Zone (Highlighted in Red at ~191.500): A previous resistance level where price might slow down or...

forexcitysignal

Market Structure: Break of Structure (BOS) at 2.03 – Previous bullish momentum. Change of Character (ChoCH) near 1.96 – Price found support, signaling possible reversal. Supply Zone (Resistance): 1.995 - 2.00 Demand Zone (Support): 1.96 - 1.965 Trade Setups: Buy (Long) Setup 📈 ✅ Entry: Above 1.975 (if price breaks current minor resistance) 🎯 Target 1: 1.995 🎯...

forexcitysignal

XAUUSD (Gold/USD) 1H chart shows market structure with key levels: Resistance: $2,908.24 Support: $2,881.45 Break of Structure (BOS): Signals trend shifts Possible Scenarios: Bullish: Break above $2,908.24 → More upside Bearish: Break below $2,881.45 → Drop to demand zone Upcoming U.S. economic events may impact price action .

forexcitysignal

GBP/JPY pair on the 4-hour timeframe with a few important technical zones highlighted: 1. **Supply Zone (Red Zone at the top)**: This red box represents a supply zone where previous selling pressure occurred, causing the price to reverse downward. It is likely a resistance area where price may encounter sellers if it revisits. 2. **Demand Zone (Blue Zone at the...

forexcitysignal

4-hour EUR/USD chart, here's the analysis and trade setup: Current Price Movement: The price is sitting on a critical support level in the 1.0900 - 1.0920 range, which aligns with a previous structure support zone (highlighted in blue). The market has been in a bearish trend recently, making lower highs and lower lows. Key Support and Resistance...

forexcitysignal

USD/JPY 4-hour chart you provided: Resistance Zone: The price is testing a major resistance level near the 150.00 region, marked by the red zone. This level has been tested previously and acted as a strong resistance, leading to price rejection. Potential Breakout: If the price breaks above this 150.00 zone, there is potential for an upward continuation...

forexcitysignal

1-hour XAU/USD chart here's a concise analysis: Current Price Movement: The price still ranges around $2,624, just below the resistance at $2,630. There is consolidation in the current zone, indicating indecision in the market. Trendlines: The previous upward trendline has been broken, and the price is trending lower. A downward-sloping trendline from earlier...

forexcitysignal

Current Market Sentiment: GBP/USD appears to have experienced a recent downtrend but is currently showing signs of stabilization, possibly setting up for a reversal or at least a retracement. Support and Resistance: Support: The blue line near 1.30400 represents a potential support level. This is further emphasized by the grey-shaded area below, indicating the...

forexcitysignal

Current Market Structure: The price is moving upwards in a clear uptrend. After a recent pullback, it seems to be heading towards a support level near the 192.450 area, marked by the blue line. Trade Setup: Support Zone: The grey-shaded area below the blue line indicates a potential support or demand zone, where buyers are expected to step in, between 191.550...

forexcitysignal

Current Price Action: The market is moving in an uptrend, and the price is currently around 1.7910, just below a possible resistance level. Possible Trade Setup: Support Zone: A potential pullback is anticipated into the grey-shaded zone between 1.7824 and 1.7900. Long Entry: After the pullback, a bullish move is expected. The target is around 1.8060, marked in...

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...