Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to the trend line and then at once rebounded and rose to support 2, which coincided with the support zone. Some time price traded in this area and later finally broke the support level, after which made a small movement up and then started to decline. After the price declined to...
Bitcoin is a descending channel and currently sitting at the upper range at area 67-78k. Next target if the upper range holds is to the major support demand zone at area 50-52K and the lower range of the channel.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could see some retracement upwards, though generally i am still bias on the downside for USD. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content,...
NZDJPY is at the final stages of the ending diagonal. The move we're about to see will be a MONSTER move. We are looking at a potential 1500pip move to the downside... atleast! We are currently in an ending diagonal, made up of 5 waves consisting of 3 subwaves each. We are in 5th wave now, subwave C and looking for a reversal very soon. Trade Idea: - Watch for...
**Current Momentum and Market Sentiment:** The EUR/USD pair is currently experiencing a challenging period, struggling to maintain bullish momentum. Despite a significant rally in recent months, the pair has recently faced resistance and corrective movements. The European Central Bank's (ECB) actions, including recent interest rate hikes and upward revisions to...
hello guys... do you think usd dollar will become weak? I think the price is on QML now and it will do some corrections! however, it is not a strong Quasimodo pattern due to the head location! so the price will start an upward movement until the MPL level! MPL level will make the price some (just a little) correction and then the price will go to 1.27$ level...
Hi folks today I'm prepared for you Swiss Franc analytics. A few days ago price made a correction movement, after which turned around and made an impulse up to the support level, which coincided with the support zone and soon broke this level. After this, CHF made a retest and started to trades inside consolidation, where it some time traded near the 0.9000 level...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.
📈💼 DXY Update! 💼📉 Hey there, traders! 🌟 The dollar index, DXY, is in the spotlight once again! 🚀 Currently, it's cozying up to a crucial support trendline after some recent rollercoaster rides. 🎢 This area has become a hot topic, especially after a quick dip and an even quicker recovery. 🔄 But hold your horses, we're not out of the woods yet! 🌳 The upper...
The EUR/USD 1-hour chart shows a clear pattern of bullish movements, marked by three distinct legs of upward momentum. Each leg is followed by a pullback, indicating a consistent pattern of price corrections after bullish advances. Given this recurring behavior, it is likely that EUR/USD will experience another pullback similar to the previous movements. For the...
Trend line could be used as liquidity hunt, We expect a reversal from somewhere between the today and yesterday pivot point.
Hi folks today I'm prepared for you Gold analytics. A few moments ago price reached support 2, which coincided with the support zone and some time trades in this area, after which broke support 2. After this price started to grow inside the triangle, where it rebounded from the trend line and made a strong impulse up to the resistance level, which coincided with...
Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see that the price a not long time ago started to trades inside a downward wedge, where it rebounded from the support line and rose to the resistance line, coinciding with the resistance level with the seller zone. After this move, GBP turned around and in a short...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60400 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, above is a technical overview on GBPUSD and the most important demand zone to watch, GBPUSD was trading in a downtrend but successfully managed to break it out following the recent soft CPI data, so in today's trading session our direction have changed and we will be mostly focusing on potential upsides. the first zone we will be watching is 1.26300...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66250 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66250 support and resistance area. Trade safe, Joe.
The U.S. Dollar Index (DXY) hit both Targets that we set on our January 24 analysis (see chart below): Yet again, a new buy opportunity is emerging as the price not only hit the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Support Zone but also the bottom of the (dotted) Channel Up, which is essentially the Bullish Leg of the 1-year Channel...