Dear traders! Overall, Gu is preparing for a fall in the negative zone below 1.2750. The reason for the decline is mainly due to the US Dollar outperforming its rivals after impressive labor market data in May. It is expected that GU's downward trend will be more certain in the coming time, we I am waiting to pull back the sideways supply zone and target selling...
Dear traders! EURUSD is trading on a clear uptrend on the 4-hour chart although the upside momentum is showing clear downside. I expect the horizontal support and trend channel cap to be retested soon to accumulate bullish momentum before resuming growth with a target to retest the 34.89 EMA i.e. 1.0850
Dear traders! Gold is falling exactly as Ryder expected last week after not being able to overcome the resistance level of 2,300 USD as expected. From a personal perspective, Ryder is still optimistic about supporting the 2277 USD area (coinciding with the time of testing BB's support level from a technical perspective from TradingView). If this level breaks, the...
Traders! USD/CAD is rising against the upper boundary of the large symmetrical triangle price pattern, there is a risk of a breakout to the upside as the NFP fundamentals are quite good so we believe the price will create a bullish wave . But overall on the USDCAD chart, although the uptrend is still well supported, there are signs of a potential top at 1.3786. I...
Dear traders! That's the end of another trading week! Let's recap the market from last week and discuss our new plan. In general, gold continuously received important data last week, causing prices to continuously reverse. Notably, during the weekend trading day, the market suffered two shocks that caused prices to continuously "plunge". In just one day, gold...
Dear traders! In general, at the beginning of the second day's trading session, gold recovered slightly to the resistance level of 2,300 USD. However, it seems that buyers still lack the motivation to push through this area and create a potential sideways area for selling. In the news: The US dollar rebounded early Monday, as markets increased bets on a delay...
BUY ABOVE - 23300 SL - 23230 TARGETS - 23410,23500,23600 SELL BELOW - 23230 SL - 23300 TARGETS - 23150,23080,23000 NO TRADE ZONE - 23230 to 23300 Previous Day High - 23410 Previous Day Low - 23230 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 49910 SL - 49670 TARGETS - 50100,50250,50550 SELL BELOW - 49670 SL - 49910 TARGETS - 49480,49290,49050 NO TRADE ZONE - 49670 to 49910 Previous Day High - 50250 Previous Day Low - 49670 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
I see a very bullish pattern on GBPAUD on a daily time frame: the pair formed an ascending triangle formation and successfully broke its horizontal neckline. The broken neckline and the trend line now compose the contracting demand zone. A bullish movement may initiate from that. Goals: 1.935 / 1.943 ❤️Please, support my work with like, thank you!❤️
Dear traders! USD/JPY jumped more than half a percent within minutes after the release of US Nonfarm Payrolls (NFP) data on Friday and edged higher to 156.35 after the US Dollar (USD) ) was strong thanks to better-than-expected results, showing that investors' sentiment is very positive. By maintaining this high level, Conan optimistically assesses that in the...
BUY ABOVE - 23340 SL - 23270 TARGETS - 23420,23500,23600 SELL BELOW - 23170 SL - 23270 TARGETS - 23080,23000,22900 NO TRADE ZONE - 23170 to 23340 Previous Day High - 23340 Previous Day Low - 22800 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 49940 SL - 49670 TARGETS - 50130,50330,50590 SELL BELOW - 49670 SL - 49940 TARGETS - 49480,49290,49050 NO TRADE ZONE - 49670 to 49940 Previous Day High - 49940 Previous Day Low - 49050 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Hello Traders, In today's trading session, we're closely monitoring EUR/CAD for a potential selling opportunity around the 1.48100 zone. The pair had been in an uptrend but recently broke out of it, entering a correction phase. It is now approaching the 1.48100 area, which acts as a key support and resistance zone. On the fundamental side, the recent EU...
GBPNZD may drop from a key daily resistance. The pair is trading in a long-term bearish trend and an intraday price action on an hourly time frame leave clear bearish clues. I anticipate a retracement at least to 1.077 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in tomorrow's trading session we are monitoring NAS100 for a buying opportunity around 18,800 zone, NASDAQ was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18,800 support and resistance area. Trade safe, Joe.
Hello Traders, In today's trading session, we're closely monitoring EUR/CHF for a potential selling opportunity around the 0.96500 zone. The pair had been in an uptrend but recently broke out of it and is now in a correction phase. It is approaching the 0.96500 area, which serves as both a support and resistance level. Adding to the EUR's challenges, the recent...
Dear traders! GBPUSD is trading on an uptrend base that remains steady above the 1.2700 breakout zone. With the above high level remaining, it is likely that resistance will be set as the next target in the short term, but in the medium to long term it is likely that the 1.2864 resistance area will be followed by a The correction aims to accumulate liquidity...