EURUSD Feb6 Price attempts to make it up to the 50 level late Wed comes into Asia in a deep discount consolidating. Weak and heavy at 1 macro takes session highs. Note the 1;56 candle as it touches the MOG and first presented fvg. Stalls for heat for 36 mins. have to trust.
In this video, we take a quick look at the EURJPY currency pair, which is currently in a strong downtrend. On the four-hour timeframe, we can clearly see lower highs and lower lows. However, price has now reached a key support zone on the weekly and daily timeframes. While my bias remains bearish, I’ll be watching for a retracement toward previous swing highs for a potential entry, as the pair is trading into a significant liquidity pool and is likely to react at this level. This is not financial advice.
My bias for this index is bearish considering that we retested and confirmed the Weekly Bearish Order Block at 109.65. I do anticipate that the index might be attracted towards Sellside Liquidity at 107.27, 106.95 ,and 105.4. Our daily setup will further give us the best entry and stop loss.
On the 4-hour chart, EURUSD is in a short-term shock and decline, with bears taking advantage. Currently, attention can be paid to the support near 1.0236 below, which is a potential buying position for a bullish bat pattern, and this position is in the previous demand area.
See my previous posts, in hourly time frame, if price enter 224-223 territory, then probably a downside wave 3 confirms. If this happens a sharp fall can be seen.
AUDCAD BUY Entry Point= 0.90000 Stop loss = 0.89500 AUDCAD is currently trading at 0.90000, with a target price of 0.91500. This setup suggests an expected upward movement of 150+ pips. The market is forming a bullish pennant, a continuation pattern indicating potential for further gains. A breakout from this pattern is anticipated, which could drive prices higher. The breakout confirmation will strengthen the bullish sentiment, increasing the likelihood of reaching the target. Traders should monitor volume and momentum indicators for confirmation. Stop-loss placement is crucial to manage risk effectively. If the breakout is strong, the price could move swiftly towards the target. Patience and proper risk management are key to capitalizing on this setup. Overall, a bullish outlook is expected upon a successful breakout.
#Ethereum is currently bouncing from a key ascending trendline support, which has held strong in previous market corrections. This trendline has historically acted as a major reversal point. ETH has rebounded from the $2,300–$2,400 range, aligning with the long-term trendline support. If ETH sustains this bounce, the next major resistance lies around $3,100–$3,200. A breakout beyond this could open the path towards $4,000. We might observe some consolidation above the trendline before a potential breakout. The price action suggests bullish momentum, but a daily close below the trendline could invalidate this outlook. DYOR, NFA #ETH #Crypto
Ethereum is still inside the bullish channel after that bigger liquidation movement we had where the price quickly touched $2000. As we are back in the channel, we are looking for some sort of bullish volume to build up here and then a nice upward breakout. Currently we are at strong support (bullish channel + EMAs are holding the price). If all plays out nice, we might be heading toward the ATHs from here, so let's see! Swallow Team
Here is a concise update: XAU/USD Gold Rate Update Entry Point: $2,884 Target Price: $2,900 Stop Loss: $2,876 Gold price moving towards target. Monitor and adjust strategy as needed.
Nach zwei kürzeren Teasern führt der Super-Bowl-Trailer zu Drachenzähmen leicht gemacht tiefer in die Fantasy-Welt ein, in der Gerard Butler seine Wikinger zum Kampf gegen Drachen aufruft.