Hey traders, in the coming week we are monitoring USDJPY for a selling opportunity around 136.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring USDCAD for a selling opportunity around 1.36800 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Time to be neutral about the prospects of DXY. Although the trend was significantly bearish considering the recent blowing up of investors confidence followed by USA midterm elections. Let us now analyze what seems to be adequate possibilities that may follow considering the lack of egalitarian policies as the end of year approaches: 1- We are currently at a...
Hi there guys, I mainly use ICT Concepts for my trading. Here's a trade idea for Monday, 12th December 2022. Idea Looking for price to possibly continue bearish, taking out the previous daily low and possibly head towards the 1.04880 area where the SSLQ & 70.5% Fibonacci line are located. Abbreviations BSLQ : Buyside Liquidity SSLQ : Sellside...
Short position: - Entry price: 17211.58 - TP: 16584.36 - SL: 17427.37
Wedge formation on h4?Let's see it will push higher or drop further. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me,...
Previously in mid week i was slightly positive on usd pushing higher. But h4 seems suggested otherwise.. I will share more in my live stream this week..stay tune **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do...
This is in line with how I see the market now. Indexes down. Dollar down in various currency pairs
💶💵EUR/USD When These Declines 💶💵Post is a direct continuation of the post in which I predicted the start of the declines: 💶💵As you can see EUR/USD has been accumulating over the last two weeks. 💶💵My perspective hasn't changed I still think we are in for declines sooner or later. 💶💵First of all considering the situation on the larger intervals. 💶💵Today we...
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analysing the EURUSD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
🍁USD/CAD Continued Increases Ahead. 🍁Post is a direct continuation of the last post: 🍁Nothing has changed on the chart. 🍁The price is still struggling at the 0.618 level to break out above this resistance. 🍁I still think that the way to the resistance zone remains open and we will see further upside within a few weeks. 🍁The scenario I am playing out is a...
Patterns look familiar? If price tests the 103.60's, could we see a repeat? Higher PPI report came out today. Interest Rate Decision next week. What could CPI read next week? So many factors to consider. Fed said they will slow the amount of hikes but may get more serious about the level of hikes if data doesn't show good indicators relative to inflation. Price...
Good simple rebound of the USD, which will send down the sp500 and bitcoin.
Hi, I have opened a short position here on USD/JPY. I believe this is a great opportunity too take full advantage of the weak dollar. Although the Yen looks to be slightly slowing down. With PA holding well below the 50 & 9 MA while creating new lower lows and lower highs. I have placed the stop above the hourly resistance and todays spike from the US news....
Hey traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.93900 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hi, I have entered short on the NZD/USD after todays PPI news event. I believe the DXY will recover and ultimately push down the kiwi in the near future. I have the first target set at the supply zone of 0.63037 and the second set at the daily support 0.625. Good luck if you join
Gold continues to hover around the 1,800-mark level, currently testing a multiple resistance zone, which includes the major 200DMA at 1,790, the 38.2% Fibonacci retracement level of the 2022 lows to highs and the December high at 1,810. The recent gold rally has been supported by a weaker USD, therefore the US CPI and FOMC meeting next week will provide...
Hey traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.62800 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.