Keep in mind this is a long-term view looking at a weekly chart with the month of December just starting (Typically a weak USD month, so spikes in support are probable) Since June 2021, the DXY index has started a bullish trend, with this trend becoming parabolic at the beginning of 2022. Finally, after a high near the 115 figure, the index has started to...
Looking at the H4 chart, my overall bias for NZDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 0.62891, where the previous high and 78.6% Fibonacci line is. Stop loss will be at 0.61559, where the previous swing low and 61.8% Fibonacci line is. Take profit will be at...
On H4 chart, we have an overall bearish bias for AAPL . With price tapping into our sell entry at 150.38, where the 38.2% Fibonacci line is located. Stop loss will be at 157.50, where the previous swing high was located. Take profit will be at 134. 40 , where the previous low is located. Any opinions, news, research, analyses, prices, other information, or links...
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 1786.545, where the previous high is. Stop loss will be at 1739.675, where the previous swing low and 61.8% Fibonacci line is. Take profit will be at 1869.750, where the previous swing high...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 0.67711, where the 61.8% Fibonacci line is. Stop loss will be at 0.66402, where the previous swing low and 23.6% Fibonacci line is. Take profit will be at 0.69161, where the previous swing...
On the H4 chart, the overall bias for DJI is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Price has tapped into my buy stop entry at 4031.44 , where the 61.8% Fibonacci line is. Stop loss will be placed at 3907.07, where the previous low and 50% Fibonacci line is. Take profit will be at 4177.51, slightly...
Looking at the H4 chart, my overall bias for ETHUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 1308.21, where the 38.2% Fibonacci line is. Stop loss will be at 1150.09, where the previous swing low is. Take profit will be at 1490.14, slightly above where the 61.8% Fibonacci line...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 0.67816, where the 61.8% Fibonacci line is. Stop loss will be at 0.66402, slightly below where the 50% Fibonacci line and where the swing low is. Take profit will be at 0.69161,...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a possible buy entry at 1.04818, where the previous swing high is. Stop loss will be placed at 1.03929, slightly below the 76.4% Fibonacci line is. Take profit will be at 1.06014, where the swing high...
Looking at the H4 chart, my overall bias for BTCUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 17246.66, slightly above where the 23.6% Fibonacci line is. Stop loss will be placed at 16004.00, where the previous swing low is. Take profit will be at 18595.60, where the 50%...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 1.04818 where the previous high is to ride the strong bullish momentum. Stop loss will be placed at 1.03929, slightly above where the 20% Fibonacci line is. Take profit will be at 1.06014,...
DXY fall back to the channel and turn back around on July 4
Retrace to 0.618 or 0.786 incoming i believe - 0.618 looks solid last res
💷💵GBP/USD Don't count on continuation of increases 💷💵GBP/USD Finally reached an important price level marked by a resistance zone. As we can see, the price has repeatedly found it difficult to continue upwards at these points in the past. 💷💵Will this be the case this time too? 💷💵The support zone to which I expect the price to descend is around the cluster of...
Price bounched back from the good order block and formed double bottom.Please consider short term trend here.Wait for the news in order to take profits.
💶💵EUR/USD Increases won't happen because I say so 💶💵As in the title. 💶💵After Jay Powell's statement yesterday on the gradual tapering of interest rate hikes, and the announcement of another hike of only 50 basis points that I wrote about in the previous post. 💶💵Looking at the euphoria that has emerged in the market over the past few days has driven prices...
NZDUSD is currently within a 5 wave impulse and we're in wave 5 now. We have NFP tomorrow which may reverse the market and with it, NZDUSD. Trade Idea: - On lower timeframe, watch for a sharp sell off - Confirmation on break of red trendline - Targets: 0.61 (320pips), 0.59 (500pips) Will review price action once we move lower to see if we'll move down to...
Similar to the EURUSD, the GBPUSD continued to surge strongly to the upside as the price broke beyond several key resistance levels to test the 1.23 price area. While the GBPUSD could retrace briefly down toward the 1.2150 and 1.22 price area, look for the development of the price action to signal a continuation of the uptrend. If the GBPUSD breaks strongly...