Hello dear traders! Currently, EUR/USD trades lighter at around 1.0770 during Asian trading hours on Monday and is up 0.03% on the day. While a test of the key resistance zone around 1,080 remains elusive. Meanwhile, spot is expected to maintain cautious trading ahead of the key release of May's Michigan Consumer Sentiment and the Fed's speeches by Bowman, Barr...
Pair Name : GBP/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Best Buy and sell area's ) Type : Mid Term...
Key Cautionary Zones Strategic Insights on the GBPJPY and USDJPY! The market is paying attention to what may happen next to the JPY pairs. The BOJ raised interest rates but the impact was insignificant. On the other hand, they commented that the exchange rate was not important in influencing the inflation rate. However, at the same time, it is not clear...
It is based on a chart pattern on a daily chart. Good Luck!
#EURUSD Weekly Prediction Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is ready for a good bearish wave. This is making bearish flag pattern. We can see a good drop in price after this Breakout. Possibly we can get drop upto 200Pips+ soon. When market will open we will update further with...
Currently, the EUR/GBP pair presents a favorable buying opportunity, with the buy zone identified at 0.85969. This suggests an advantageous entry point for traders looking to capitalize on potential gains in the market. As for profit-taking levels, targets are set at 0.86300, 0.87319, and 0.86492, offering multiple opportunities for traders to secure profits at...
Last week the Bank of England moved closer to cutting interest rates, but markets are divided on whether a first cut will come at the bank’s next meeting in June or whether policymakers will hold out for longer. Two official sets of employment data and two rounds of inflation figures are due before the BoE’s next meeting on June 20. The first of the two jobs...
Currently, the USD/JPY currency pair is indicating a favorable buying opportunity, with the buy zone identified at 155.70. This suggests that at this particular price level, it could be advantageous for traders to consider initiating long positions in anticipation of potential price appreciation. To capitalize on potential gains, traders may consider setting...
The current buying opportunity for USDCHF is at 0.90659, presenting traders with an advantageous entry point. Setting take profit levels at 0.90761, 0.90871, and 0.91074 allows for a strategic approach to capitalizing on potential market movements. These levels offer clear targets for profit-taking, helping traders manage risk and maximize returns. Implementing a...
The AUD/USD currency pair is currently in a favorable buying zone, with the exchange rate sitting at 0.65957. This indicates that it may be a strategic moment for traders to consider purchasing Australian dollars against the US dollar. By setting take-profit levels at 0.66282, 0.66387, and 0.66500, traders can establish clear targets for potential gains. These...
The suggested buy zone for NZDUSD is currently at 0.60075, indicating a favorable entry point for potential investors. This strategic entry level is complemented by carefully calculated take profit points, set at 0.60341, 0.60525, and 0.60609, offering multiple opportunities for profit-taking as the trade progresses. Additionally, a prudent stop loss order is...
📈🐂 EURUSD Analysis 🐻📉 🔍 Currently, EURUSD finds itself at a crossroads, caught between two vital daily structures. Looking ahead to next week's potential moves, here are two scenarios to watch: 1️⃣ Bullish Outlook: If the market breaks the trendline and seals the deal with a solid close above a hefty resistance line forming a substantial falling wedge on the...
EURJPY trend is bullish as price printing higher highs and higher lows, but there is a bearish divergence on RSI, if price breaks it's last higher low then there is our entry, trade plan mentioned on charts.
FX:AUDNZD has broken through the range zone and has created new extensions. It is currently hovering around the key level of 1.1000. The market appears to be in an accumulation phase, suggesting a potential upside move that could result in new highs. As the price consolidates, I anticipate a pullback to a support level followed by an upward move to retest the...
EURUSD on the 1D tf is bearish. Price needs to fill the imbalance and take the trendline liquidity. i'll observe the 1hr tf for bearish confirmation before taking a sell trade
Hello traders this my trade prediction setup EUR/USD if you like my content hit the like button follow and subscscribe and show some love wish you good luck and good trading
Here is our detailed technical review for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.659. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.648 level. P.S Please,...
Here I have AUD/USD on the 1 Hr Chart! Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week! With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?! Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!! So far,...