The Ace Trading (Free Forex Signals)
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PRO Trader and Trading Mentor With 6-Year Experience Trading Education & Technical Analysis This channel is made for beginners who want to learn, invest & understand FOREX. We will post the Forecast, and trading ideas. Contact - @Ask_linofx1
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#GBPAUD: Consolidation is Over?!
The 📈GBPAUD pair appears to have completed a consolidation phase within a broad horizontal parallel channel on an hourly chart.
The recent formation of a higher high suggests potential upward movement.
Confirmation of this trend requires the market to close above the identified resistance level, establishing a higher close.
A buying opportunity may present itself following a pullback, with a target price of 2.0937.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
#GBPUSD: Pullback From Resistance
The 📉GBPUSD pair appears to be exhibiting bearish tendencies following a test of significant resistance levels on both the daily and intraday charts.
Furthermore, an inverted cup and handle pattern has formed on a 4-hour timeframe, accompanied by substantial intraday bearish momentum this evening, which suggests a potential downward movement.
I'm anticipating that the price may experience a retracement, potentially reaching the support level at 1.3466.
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Daily/4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
#EURAUD: Important Bullish Breakout
📈EURAUD has broke and closed above a significant intraday resistance level after a period of consolidation
Upon retesting the breached resistance, a positive bullish response is observed. This suggests a potential for further upward movement in the market.
The anticipated target is 1.8018.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
US PPI and Continuing Jobless Claims data will be released in 10 minutes.⚠️
SILVER (#XAGUSD): Bullish Rally is Going to Continue
SILVER remains in a strong bullish trend for quite a long time now.
The breach of a significant intraday resistance serves as another crucial bullish signal.
Given the strength of the bullish momentum, I believe the price will continue climbing,
with the next target set at 39.00.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
#CADJPY: Classic Trend-Following Pattern
I spotted a favorable bearish pattern on 📉CADJPY on a 4-hour chart,
the price has created a bearish flag.
Currently in a slight bearish trend, breaking below the flag's support would signal a strong continuation of the trend.
We can anticipate a decline to 106.68.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Bullish Continuation Confirmed
Observe how strongly 📈GOLD responded to a recently breached resistance that has now become support following the breakout.
A bullish breakout from a resistance line of a falling expanding wedge on a 4-hour chart, combined with a bullish imbalance,
indicates a strong likelihood of upward movement.
The price is expected to rise to at least 3380 then to 3400 level.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
#EURUSD: Bullish Trend Continues
The EURUSD is gaining momentum following a test of a key demand zone,
The bullish breakout from a resistance line of a bullish flag pattern signals a strong trend-following signal.
The target is set at 1.1772.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Bearish Correction Continues
I believe that 📉SILVER could continue to decline after breaking below the support level of a consolidation within a horizontal trading range,
which is now acting as resistance.
Additionally, I observe a bearish engulfing candle following the test of the broken structure on the 4H timeframe.
Target price is 37.34.
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#USDJPY: True Bullish Reversal?!
The USDJPY pair completed consolidating within a horizontal parallel channel.
A strong upward breakout above its resistance confirms a bullish trend.
I anticipate a corrective move down to around 149.00.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
#GBPAUD: Correction Continues
After a period of consolidation within a broad horizontal range on an intraday chart, the 📈GBPAUD pair has violated its support level
This violation represents a significant indication of the buyers' dominance.
It could potentially initiate an upward correction, possibly reaching as high as 2.0717 support level.
+3
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⭐️ XAGUSD Bullish Forecast
⭐️ DXY Bearish Forecast
⭐️ XAUUSD Bullish Forecast
⭐️ GBPUSD Bullish Forecast
⭐️ GBPJPY Bullish Forecast
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Ethereum (#ETHUSD): All Time High Ahead
📈Ethereum has successfully broke above an important daily resistance level today.
The next major resistance is base on the All Time High.
I anticipate the market will continue to rise towards the 4800 level, but I prefer to wait for a pullback to buy on a retest of the broken structure.
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Daily time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
#GBPUSD: Back to Bullish Trend?!
#GBPUSD pair is showing signs of recovery after a prolonged bearish trend.
A confirmed bullish breakout from a significant daily resistance level indicates strong buying pressure.
I anticipate that the market will continue to rise and approach the 1.3515 level shortly.
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4-Hour/Hourly time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08
