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DJ FXCM Index

USDJPY buyUS dollar vs Japanese Yen as we can in our chart the is pair is moving in a channel and we are seeing a potential buy side move keeping in view this situation we uphold that the pair can reach to the 162.450 level and then may be rejected from this level because of its historical significance and also the level is formed over weekly time frame and market has been rejected historically two times from this significant level if market is not rejected from this resistance level and breaks this level then it could reach Monthly Resistance level so keep watching the market
Long
by Wakeel_Saab
USDRUB Long-term bearish continuation confirmed.The USDRUB pair has confirmed the transition from a 2-year long-term bullish trend to a bearish one, after closing below the 1W MA50 (blue trend-line). The technical pattern that prevailed is a Channel Down, which last week almost touched the 1W MA100 (green trend-line), a level intact since February 06 2023, and instantly rebounded closing the 1W candle almost flat. The last two times that the pair traded within a Channel Down pattern that hit the 1W MA100 was in 2021 and 2019 as shown on your chart. In both cases, the downtrend didn't stop on the 1W MA100 but extended to the 1W MA200 (orange trend-line), in 2019 it got hit, in 2021 almost. As a result, we think this is the most optimal level to sell this pair again, and target 80.500 (just above the 1W MA200). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
NZDUSD Is this 1D Golden Cross a bearish signal?The NZDUSD pair has been trading within a Channel Down on the 1D time-frame since the February 02 2023 High. The price almost reached the 0.786 Fibonacci retracement level, which has formed both previous Lower Highs. As the pair completed a 1D Golden Cross today, traders might immediately think that this is a bullish signal, as theory suggests but in the past 18 months, both previous Golden Crosses have formed the Top. At the same time, the 1D RSI completed a Double Top, similar to the December 27 2023 Top. As a result, we have strong evidence to sell this pair again, and target 0.57750 (Support 1). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USDSEK Under both major MAs. Sell opportunity.The USDSEK pair is consolidating below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). This is half-way through the new Bearish Leg of the 1.5 year Channel Down, with the recent Top in May being formed on the 0.786 Fibonacci, just like the previous Lower High (November 01 2023). The current consolidation resembles that of November - December 2023, which eventually bottomed on the 1.382 Fibonacci extension. As a result, we expect the price to resume the bearish leg soon and our Target is 10.000 (Fib 1.382). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
USDCHF: Detailed Support & Resistance Analysis 🇺🇸🇨🇭 Here is my latest structure analysis for USDCHF. Vertical Structures Vertical Resistance 1: Falling trend line Vertical Support 1: Falling trend line Horizontal Structures Support 1: 0.882 - 0.884 area Support 2: 0.872 - 0.875 area Resistance 1: 0.898 - 0.902 area Resistance 2: 0.908 - 0.911 area Resistance 3: 0.915 - 0.916 area Resistance 4: 0.919 - 0.922 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
1
Buy Silver (XAG/USD) Triangle BreakoutThe XAG/USD OANDA:XAGUSD pair on the M15 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 29.53 Target Levels: 1st Resistance – 30.08 2nd Resistance – 30.47 Stop-Loss: To manage risk, place a stop-loss order below 29.30. This helps limit potential losses if the price falls back unexpectedly. 🔊 Support by leaving Likes & Comments Thank you.
OANDA:XAGUSDLong
by KABHI_TA_TRADING
1
USD INDEX DXYLast one week we have seen a serious upward rise in us dollar index based on various positive and negative events happened. the us market and dollar is being controlled by various turbulent economic and geopolitical situations. In geopolitical aspects if israel hisbullah issue may bring usa into full on war support to israel against hisbullah in lebanon then the us dollar will fall drastically like hell. on the financial end if us treasury bonds moves good and new financial policies enacted the dollar will get more boost, but we expect a retracement of usd dollar index either from 105.57 area or from 105.88 area. if both these areas are breached then gold will fly to an area of 106.40 For more updates and market new follow us. Please boost us we can reach more people.
CAPITALCOM:DXYShort
by realmillionairefx
EURUSD Moment of truth for the long-term.The EURUSD pair has started the week on a very positive note as it is already on +0.40% gains. The underlying pattern remains a Channel Down since since the December 25 2023 High and we have been on its latest Bearish Leg since the June 03 Lower High. The important dynamic recently has been the fact that the pair held and closed above the 1W MA100 (green trend-line) on both last 2 weeks. This is a key Support level as the pair hasn't closed a 1W candle below it since October 23 2023. As a result, today's rise has two reasons to be a technical retrace within a longer term bearish pattern. The price action f the past 2 years has shown that only when the 1W RSI closes above its MA (yellow trend-line), do we have very strong probabilities of sustaining a bullish trend. It is therefore easy to understand that as the 1W RSI has come only a few points away from its MA, this week becomes crucial for the EURUSD pair. Until it breaks it, we will stay bearish, targeting 1.06040 (Support level and previous Lower Low). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
oil crudewe anticipate a long term buy for crude oil based on the following analysis of crude oil which is an amalgamation of both fundamental technical analysis. WTI crude oil continues its upward trajectory, with hourly prices testing the upper bounds of the ascending channel. If the short-term ceiling holds, prices could still experience a rapid pullback. The 38.2% Fibonacci retracement level stands at $80.02, with larger pullbacks potentially reaching the 50% level at $79.51, followed by the 61.8% level at $78.99 near the channel bottom and the 200-day SMA dynamic inflection point. The stochastic oscillator dropping from overbought territory indicates rising selling pressure, with room for oscillators to decline further before reflecting bearish exhaustion, which suggests that the correction could persist until such exhaustion is observed. The RSI is also trending downward, indicating that crude oil prices may follow suit until oversold conditions are met and oscillators rebound. However, the overall structure shows the 100 SMA above the 200 SMA, confirming that the path of least resistance remains upward, or that support levels are more likely to hold than break. In this scenario, oil prices may continue to rise toward the swing highs around $81.69 or higher. In terms of trading strategy, it is recommended to buy the dips. ENTRY ; 80.00 tp 85 sl 78.80 risk reward ratio ; 120;500 (approximately 5 times more reward). Follow us for such market related updates contents and news boost us for increasing our reach to more people.
TVC:USOILLong
by realmillionairefx
USDCAD: Your Trading Plan For Next Week Explained 🇺🇸🇨🇦 USDCAD nicely bounced from a key intraday structure support yesterday. The price reached a resistance line of a falling parallel channel. I believe that the pair has a nice growth potential. To confirm that, I will be waiting for a bullish breakout of a resistance line of the channel. 4H candle close above that will confirm a violation. A bullish movement will be expected then at least to 1.373 Alternatively, a bearish breakout of the underlined support may push the prices lower. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
AUDUSD Medium-term sell signalThe AUDUSD pair has been trading sideways since the May 16 High, supported by the 1D MA50 (blue trend-line). The dominant pattern has been a Triangle going back to the October 13 2022 market bottom and the current consolidation is taking place right at the top (Lower Highs trend-line) of the pattern. As you can see, this is quite similar to the Q2-Q3 2023 price action, which after the Triangle top rejection, it declined below the 1.236 Fibonacci extension. Even the 1D RSI sequences between the two fractals look similar. As a result, we turn bearish on this pair, targeting 0.63450 (Fib 1.236 ext). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
USDCHF Sell opportunity on perfect symmetry.The USDCHF pair broke this week below the 1D MA200 (orange trend-line) for the firs time since March 14 and is extending a downtrend that started on the May 01 2024 Top, a rejection on the 1W MA200 (red trend-line). The last time we had a similar (near) rejection was on the October 03 2023 Top, which also initiated a downtrend. That structure targeted the 1.5 and 2.5 Fibonacci extension levels in succession. With the 1D RSI sequences among the two fractals showing tight symmetry, we see now the final sell opportunity to target the 2.5 Fib. Our Target is at 0.87000 (within Support 1 and Fib 2.5). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
EURUSD: 2 Bearish Confirmations 🇪🇺🇺🇸 I see 2 strong bearish signals on EURUSD. After a formation of a strong bearish impulse, the pair started to steadily recover within a bearish flag pattern on a 4H. The price also formed the inside bar formation within the boundaries of the flag. Today, both the support of the flag and the range of the mother's bar were broken. It is a very strong technical confirmations. I think that the market may drop to 1.069 ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
1
USDCAD BULLISH IDEA. 100 PIPSAt first glance, USDCAD might seem to be moving sideways on the highest time frame. However, a closer look at lower time frames—daily, H4, H1, and 15 minutes—reveals a different story. The pair has been consistently forming bullish patterns and breaking previous highs. This suggests a strong possibility that USDCAD is gearing up to target 1.39000. It’s only a matter of time before another bullish flag emerges, presenting great buy opportunities. Let’s watch closely and see how the action unfolds!
Long
by fasthandfx
7
USDCHF BULLISH STRUCTURE 100 pipsThe USD/CHF pair recently formed a bearish channel, hitting the horizontal support trendline before showing a clear reversal pattern on the H4 chart, which is even more apparent on the H1 chart. The price has already broken out of the double bottom and is currently attempting to retest the neckline. I'm anticipating a retest within a continuation pattern, specifically a bullish flag. Within this bullish flag, I'm also expecting a reversal formation, either an inverse head and shoulders or a double bottom on the 15-minute timeframe, before entering a buy position. My target is to capture a 100-pip move.
Long
by fasthandfx
5
Buy GBP/USD Wedge BreakoutThe GBP/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Wedge Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2710 Target Levels: 1st Resistance – 1.2812 2nd Resistance – 1.2905 Stop-Loss: To manage risk, place a stop-loss order below 1.2650. This helps limit potential losses if the price falls back unexpectedly. Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud. Thank you.
Long
by KABHI_TA_TRADING
8