USDCHF: Weak Market & Bearish Continuation
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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Shorts
S&P 500 FORECASTThe current bearish trend is projected to reach 5280 and 5266 if the price remains below the pivot point at 5300. However, if it breaks above 5300, confirmed by a 4-hour candle closing above this level, it could potentially target higher levels at 5311, 5328, and then 5345.
Key Levels:
Pivot Line: 5300
Bullish Lines: 5311, 5328, 5345
Bearish Lines: 5280, 5266, 5220
EURUSD retracing down?EUR started retracing down early this morning after hitting the ceiling from this weeks high.
The D charts are showing a bearish move making a retracement to possible around 1.07730
& possibly lower on the 1HR timeframes.
And around 1.07280 possibly on the 4HR timeframes.
With EUR CPI report this morning at 5am along with other EUR news being Neutral. We could see a down trend all day until market close with the occasional retesting of key levels.
Good Hunting Trader.
o7
EURGBP Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for EURGBP is below:
The price is coiling around a solid key level - 0.8613
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8586
My Stop Loss - 0.8627
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NZDUSD Set To Fall! SELL!
My dear friends,
My technical analysis for NZDUSD is below:
The market is trading on 0.6115 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish
continuation.
Target - 0.6042
Recommended Stop Loss - 0.6164
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GOLD: Short Signal with Entry/SL/TP
GOLD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry Point - 2373.9
Stop Loss - 2393.6
Take Profit - 2339.7
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.0859
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0814
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
USDJPY My Opinion! SELL!
My dear subscribers,
My technical analysis for USDJPY is below:
The price is coiling around a solid key level - 156.41
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 154.93
My Stop Loss - 157.44
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GOLD Trading Opportunity! SELL!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2375.6
Bias - Bearish
Safe Stop Loss - 2393.9
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2346.4
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPUSD What Next? SELL!
My dear friends,
Please, find my technical outlook for GBPUSD below:
The instrument tests an important psychological level 1.2641
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.2580
Recommended Stop Loss - 1.2678
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USDCAD: Long Signal with Entry/SL/TP
USDCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy USDCAD
Entry - 1.3639
Stop - 1.3612
Take - 1.3688
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD: Expecting Bearish Continuation! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed down by the bears so we will sell!
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GOLD FORECASTGold New Forecast
The price of XAUUSD (Gold) is expected to be volatile today due to the release of the CPI news. The movement will depend on the results: if the CPI is higher than expected, it typically indicates rising inflation, which could lead to increased interest rates and potentially cause gold prices to fall. Conversely, if the CPI is lower than expected, it suggests lower inflation, which might result in lower interest rates and potentially drive gold prices up. The price will respond accordingly to the CPI results.
So, if the CPI is higher than expected, the price will try to reach 2364 & 2357 & 2344 then 2331. otherwise if the CPI is Less or equal to expectations will try to do a Bullish trend which is 2384 & 2392.
and the expectations are more positive, so it will effect a bearish trend to OANDA:XAUUSD
Key Levels
Bullish Line: 2384, 2392.
Pivot Line: 2374
Bearish Line: 2364, 2357, 2344, 2331
EURCHF Set To Fall! SELL!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9797 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9758
Safe Stop Loss - 0.9822
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPJPY: Bearish Continuation & Short Signal
GBPJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPJPY
Entry - 196.59
Stop - 197.81
Take - 194.45
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD Will Collapse! SELL!
My dear subscribers,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0815 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0767
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GOLD A Fall Expected! SELL!
My dear friends,
My technical analysis for GOLD is below:
The market is trading on 2360.5 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2335.4
Recommended Stop Loss - 2376.9
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK