forexcitysignal

forexcitysignal Mar 15

Current Market Condition: The pair is in a downtrend, with lower highs and lower lows forming. Price is testing a strong support zone around 2.25180, previously respected as a demand area. A potential reversal or continuation breakdown is likely. 📌 Trade Signals 🔹 BUY (Long) Setup 📍 Entry: 2.25180 - 2.25380 (Near Support Zone) 🎯 Targets: TP1: 2.25680 TP2:...

forexcitysignal Feb 25

Market Analysis Structure & Trend: The market previously broke structure (BOS) to the upside, signaling an uptrend. However, the price is now retracing toward a demand zone (gray area), possibly forming a higher low for continuation. Key Levels: Support (Demand Zone): 0.63250 – 0.63050 Resistance (Supply Zone): 0.64500 Liquidity & Order Blocks: Buyers may step...

forexcitysignal Feb 17

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 Feb 17

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 Feb 12

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 Feb 12

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 Feb 12

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 Nov 13, 2024

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 Oct 10, 2024

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 Oct 10, 2024

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 Oct 10, 2024

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 Oct 8, 2024

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 Oct 8, 2024

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 Oct 8, 2024

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 Sep 6, 2024

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 Sep 3, 2024

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 Sep 1, 2024

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 Aug 30, 2024

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...