Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
H4 Chart Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish and trading sideways in a large internal range. Price is currently reacting at H4 supply and 50%...
The gold price today seems to have remained unchanged from earlier this morning, mainly ranging between 2021 - 2022 USD. Although the US GDP growth has exceeded expectations and core orders have increased, negative factors such as rising unemployment claims and inventory levels, along with reduced personal consumption, will pose challenges to the US economy. As a...
Outlook for the this coming week remains unchanged: -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has not yet reached 50% EQ and price is still in pullback phase in the premium swing/internal, therefore, I would be looking to short. Price has rejected the Weekly weak Swing High but respected the weekly strong internal high. Price...
#GBPJPY UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #GBPJPY. GBPJPY is moving in a range from a couple of days. Here we had mentioned two possibilities. If it breaks toward down/up side and then retest it, we'll execute our Short/Long trade after any confirmation in the LTF. We...
Top-down analysis for Silver. Price action analysis. Important key levels. Directional bias. Thoughts. ❤️Please, support my work with like, thank you!❤️
gold is in uptrend and getting ready for another breakout gold breaking bullish pennant while fundamentals are also supporting bullish rally incase of successful breakout expecting bullish wave towards 2080$ keep in mind trade will be only valid after confirmed breakout
By examining the 4-hour chart, we can see the liquidity formed above the current price and below the bearish order block. So we can expect the price rise to collect the liquidity and start the bearish move from the order block to the liquidity void. 💡Wait for the update! 🗓️29/01/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
#GBPAUD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #GBPAUD. GBPAUD is forming a bullish peanut pattern, which is an indication of flying high in upcoming time. Here we can see that it is on the major support zone, and we can see that is is forming a bullish candle. We can take...
#EURAUD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #EURAUD. EURAUD, is going to retest the most recent liquidity pool and then liquidate it. here we can see that there is a major trend line in the HTF, which is broken with the big red candle. As we can see that if it liquidate the...
#CADJPY UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #CADJPY. CAJPY is going to retest the major resistance level, where a lot of liquidity is resting. If it goes and then sweep the liquidity , then we will find a bearish trade reason. If we find any confirmation to sell in the...
Price action is still very unclear. Gold opened with a big gap, but in my opinion the direction is changing to the upside.
– Previous Weekly candle closed small Bearish around 2018.600, Friday Daily candle closed weak Bearish forming Daily Resistance around 2021.100 as price ranging on the 4h and the Daily timeframe. – Buys on close above 2024.700 targeting Strong Daily Resistance formed on 24th January 2024 around 2029.800, Leaving Runners to the 4h Resistance formed around...
FOREXCOM:XAUUSD continues to forge a bearish correction amid a localized decline in interest due to a strengthening dollar index. Pic: Bearish pressure on the 2025 level On D1 we can observe the sawing of 2025 level on the background of strong struggle, buyers have formed quite a huge pool of liquidity below 2025-2020. But on the background of market...
Last week i adviced to keep shorting the market wich were profitable trades. 2012 formed a strong support level wich gold keeps respecting. The overal higher timeframe trend is bullish but were currently in a bearish channel. In the daily time frame the bullish channel broke and already retested. I am expecting gold to take orders around 2000-2005 again and in the...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello,Traders! GOLD is trading in a Local downtrend along The falling resistance line So after the retest of This resistance I think We will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The gold market focuses on data: the number of initial jobless claims in the United States in the week to January 20, the initial value of the annualized quarterly rate of real GDP in the fourth quarter of the United States, the initial value of the quarterly rate of real personal consumption expenditures in the fourth quarter of the United States, the initial...