ClearTradingMind

ClearTradingMind

The AMD (Advanced Micro Devices Inc.) 1-hour chart shows that the price broke out above the 200 moving average, and now it's testing the HL (162.00) level. These breakouts could lead to a more significant downward trend. I expect some bearish action, and the area below the moving average should act as a strong resistance level for the price.

ClearTradingMind Updated 

Is Tesla set to touch the 199.0 level again? The 1-hour chart shows a retracement from the 170.0 level, and the zigzag pattern confirms a bullish continuation. Additionally, my custom RSI has given a buy signal. Let's see what happens next!

ClearTradingMind

AUD/NZD 1-hour chart shows a clear example of a trend reversal by breaking the lower high. Now, I'm watching the 0.5 Fibonacci level. If the price breaks this level at 1.09650, I anticipate a further bearish move. Let's wait and see what happens next.

ClearTradingMind

USD/JPY appears to be pulling back from the 155.400 level, which seems like a rejection zone. The higher timeframe is still bullish, but I'm hoping that bullish momentum is starting to exhaust. This retracement may be just a correction in the bull run. To minimize risk, I've placed my stop loss at 156.600, with a target at 153.200. Let's see what happens...

ClearTradingMind Updated 

After a prolonged bearish trend, the US500 is now signaling a shift towards a slightly bullish direction on the 1-hour chart. At the start of April, the index began its decline from the 5277 level, eventually reaching as low as 4925. Following this significant downturn, there are now indications of a potential upward trend. The current conditions are favorable for...

ClearTradingMind Updated 

The AUD/CHF appears to have formed a double top pattern, and the custom indicator suggests a Fibonacci retracement from this peak. This analysis is based on this indicator and is intended solely for experimental content. Based on this setup, I expect the price to reach the 0.58663 level, with a stop loss just above 0.60020. Let's see how it unfolds.

ClearTradingMind Updated 

GBP/CAD is strongly tempting to reach the strong resistance level at 1.73450 again. The price has tested this area three times already. So, I plan to buy when it breaks the trendline shown on the chart. Additionally, breaking through the ChoCh level is adding strong momentum towards reaching the resistance level soon. Let's wait for the breakout.

ClearTradingMind Updated 

EUR/NZD appears to show a bullish pattern as the AB wave line exceeds the CD wave line. Based on this observation, I expect a bullish movement in this scenario. Please note that this concept is experimental, and if the market does turn bullish, the target is projected to be 1.82232. This setup also includes a stop loss, which I have set below 1.79884. Let's see...

ClearTradingMind Updated 

Journey with EUR/USD The EUR/USD pair boasts the largest global trading volume, making it the world’s most traded currency pair. It is highly liquid and predominantly appeals to technical traders due to its adherence to technical patterns and rules. The liquidity and steady momentum make it easier for traders to enter and exit positions. Breakouts EUR/USD...

ClearTradingMind Updated 

This chart presents a bearish outlook for the GBP/AUD pair. It is moving within a descending parallel channel, indicating a continuation of the bearish trend as observed on the 4-hour chart. Additionally, the RSI follows a similar descending path, reinforcing the channel's price movement and suggesting strong support for an impending rejection. Therefore, we can...

ClearTradingMind Updated 

The EUR/NZD trend appears to be ranging between 1.81100 and 1.79800. Currently priced around 1.80400, I strongly believe that the price will once again reach the upper level of 1.81100. Buying at the current price and setting a target range around 1.80948 seems safe.

ClearTradingMind

GBP/CAD appears to be retracing from the 1.7030 level, and the trend seems to be entirely downward, suggesting further declines. Now is the perfect time to enter a sell position at 1.70688, targeting 1.69464, with a stop loss set above 1.71530.

ClearTradingMind Updated 

Last week, the AUD/CHF currency pair went down from 0.58300 to 0.57415, showing a bearish trend. On Friday, it dropped from 0.58600 to 0.57415 in just one day, which was a big change. But later that night, it went back up, which means buyers became stronger. This week, I think the pair won't keep going down like last Friday because buyers are showing strength. The...

ClearTradingMind Updated 

The GBP/CAD currency pair has formed a double top pattern at 1.72400, indicating a potential rejection of further upward movement. We expect the price to decline, with our first target level at 1.7021. If the decline continues, the next target level (target 2) is 1.70191. We have set the stop loss just above 1.71734.

ClearTradingMind Updated 

Crude oil prices are expected to decrease from the $86.00 range to a target of around $83.08. The trend was twice rejected at the upper level of $87.70, forming a double top pattern. This pattern is confirmed as the price broke the higher low of $84.50. Now, a retracement from the $86.00 level to the target level of $83.08 is expected. Targeting : 83.08 Stop loss...

ClearTradingMind Updated 

We're currently observing the GBP/AUD pair after a significant touch at the 1.94000 zone. The pair seems to be gearing up for a downward move. Here's a straightforward breakdown: Initial Downward Target (Target 1): Our first goal is to see if the pair can reach the 1.92778 level. This would be the first sign of a successful bearish push. Further Downside...

ClearTradingMind Updated 

The GBP/CAD exchange rate appears to have a bullish outlook and is likely to retrace from 1.7132 to 1.72100. Set a stop loss below 1.70852. The 2-hour timeframe chart also indicates a significant level of retracement.

ClearTradingMind

The chart indicates that the CAD/CHF currency pair may be heading for a retracement starting around the 0.6610 level. This area is significant because it coincides with the 0.5 Fibonacci level where previously we saw a sharp price increase, suggesting it's a strong order block level. The trend from 0.6463 to 0.6720 shows strong bullish momentum. Both the Fibonacci...