Dear Traders, Price now in support Area , and i expect price try to retest 1.8700 Area dont Forget like&Comment please ! regards, Alireza!
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research
Trade recap and trend analysis for the upcoming week.
Based on the support point dollar/tl exchange rates are predicted.
Technical Analysis and Outlook: The Eurodollar has broken through our Mean Support level of 1.077 and has quickly risen to hover around the Mean Resistance level of 1.084. This momentum is expected to generate further selling pressure, resulting in a decline to the Mean Support level of 1.074. Ultimately, the Eurodollar is expected to reach an Inner Currency Dip...
Certainly, here's a summary of support and resistance with key points: 1. **Support:** - Support is a price level where buying interest typically emerges, preventing the price from falling further. - It indicates a zone where demand for the asset outweighs the selling pressure. - Traders often see support levels as opportunities to buy or enter long...
You will recall that the Bank of Japan (BoJ) increased its Policy Rate to +0.00%/0.10% in March, pulling the rate out of negative territory. While many, including the Research Team at FP Markets, expected the Japanese yen (JPY) to rally on the back of this, we instead witnessed a fall in the currency, consequently drawing the USD/JPY higher. Many desks labelled...
Certainly, here's a summary of support and resistance with key points: 1. **Support:** - Support is a price level where buying interest typically emerges, preventing the price from falling further. - It indicates a zone where demand for the asset outweighs the selling pressure. - Traders often see support levels as opportunities to buy or enter long...
Hello traders, I decided to do a short video of EURAUD, with my BIAS, I'm seeing a long from here. I was expecting a retracement to the support zone and on the trendline and the NFP on Friday boosted the sell. I'm seeing price start moving to the upside from the coming week. Y'all can add this pair to watchlist.
I will be expecting a Sell move according to my analysis . i will see how it goes. Happy trading.
Watch the video to see my analysis on gbpchf. ensure to do your own diligence before taking any trades.
We are bullish on this pair we are looking for entry on 1h timeframe have a good week traders
Price bounced off the level of 0.90916 and rejected on Friday during the NFP news. That signified a possible pullback on lower timeframe while In higher timeframe (daily) we’re looking forward to seeing price fall back to a discount price of 0.88000 so we could go long.
It is the weekly setup for the GBPNZD based on price action and trend analysis. Possibly bullish trend is expected after retracement and confirmations.
If we get a correction of price to 149.135(discount level ) it could provide a potential buy opportunity . Buyers are still holding their buy positions intact. Entry: buy limit Entry price : 149.135 Stops : 145.531
This analysis utilizes Fibonacci retracement levels on the EURUSD currency pair to formulate a strategic trade plan. Trade Plan: Entry Point/Buy Stop: 1.08245 Stop Loss: 1.077 Lot Size: 0.18 Take Profit Targets (TP): TP1: 1.0879 with Risk-Reward Ratio (RR) 1% TP2: 1.0933 with RR 2%