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#USDJPY: Important Bearish Signal
Following a strong bullish rally, πUSDJPY shows a brief period of consolidation on an hourly chart
Subsequent to the release of today's US economic data, the price experienced a decline, resulting in the formation of a high-momentum bearish candle.
The hourly candle closed below the range's support level, thereby validating its violation.
A downward correction is anticipated.
The subsequent target level is projected at 149.30.
βββββββββ
Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#WLFI/USDT: Your Plan to Buy $WLFI Explained
β οΈWLFI is currently consolidation around a strong intraday/daily support level.
To open a new buy position with confirmation, we recommend monitoring the resistance level within the established range on the 4-hour timeframe.
A bullish breakout, validated by a 4-hour candle closing above 0.2100, would offer a dependable bullish confirmation.
The target price is projected to be 0.251.
Conversely, if the price action forms a new lower low on the 4-hour chart, this setup will be invalidated.
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4-hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
The forthcoming high-impact fundamental news for this week is scheduled to be released in approximately 15 minutes.
--US Core PCE Price Index
--Personal Income/Spending Data
#EURAUD: Bullish Trend Continues
I spotted a promising bullish signal on the πEURAUD, following a recent price correction.
The price action has established a double bottom formation, subsequently surpassing its neckline, along with a resistance line associated with a falling wedge pattern.
It seems highly probable that the market will experience an upward movement. The target is set at 1.7933.
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4-hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURCAD: Strong Bearish Pattern
It appears that there is a significant likelihood of a decline in the πEURCAD pair in the near future.
The formation of a head and shoulders pattern following a test of a crucial resistance level, along with a subsequent breakout of its neckline, suggests a robust bearish signal.
The target is 1.6226.
Repost from N/a
+1
Great winner caught with my VIP Signals Premium Members βοΈ
#EURJPY Buy Signal +55 pips Made π°
Join my VIP Signals Group and get trades with Entry/Stop/Target
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#EURUSD: Waiting for Breakout
Looks like EURUSD might be heading down.
I saw a confirmed breakout of a rising trend line on the 4H chart.
The sellers need to break the 1.1746 - 1.1724 support on the 4H.
If they do, it's a big bearish sign.
If the downtrend continues, we're looking at 1.1684 at least.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Trend Following Trading
It appears that the price of πGOLD has completed a correctional phase following a strong bullish trend.
The price has shown good respect for a significant intraday horizontal support level, subsequently establishing a cup and handle pattern.
The breakout above the neckline, accompanied by a strong imbalance candle, offers substantial confirmation of a bullish trend continuation.
Therefore, an increase to 3770 - 3785 is anticipated.
βββββββββ
Hourly time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Time for Pullback!?
Regarding the recent developments on the Gold market, a potential cup and handle pattern has been identified on the 4-hour timeframe.
As per our established strategy, a definitive bearish signal will be confirmed upon a breakout below the pattern's neckline.
whereas a 4-hour candle closing below 3750 would validate a significant bearish correction.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURJPY: Important Breakout
The EURJPY pair has successfully broke and closed above a key daily/intraday resistance level, which is now highly likely to function as robust support.
Consequently, a bullish trend continuation is anticipated.
The subsequent resistance level is projected at 175.00.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#NZDCAD: Time to Recover?!
NZDCAD approached an important daily horizontal structure support level.
The subsequent test of this level halted the bearish momentum.
Furthermore, the market formed an inverted head and shoulders pattern on the 4-hour timeframe, subsequently breaching its neckline, thereby providing a clear bullish signal.
Consequently, a price rebound towards the 0.8131 level is anticipated.
#EURAUD: Confirmed Bearish Reversal?!
πEURAUD appears to be providing significant bearish signals, Following a test of a strong daily horizontal resistance,
I have observed both a double top and a rising parallel channel pattern.
The price has broken below the horizontal neckline and a trend line, closing below both.
I anticipate a continued bearish movement towards 1.7730.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
The New York session today may exhibit some volatility.
In one hour, there will be a speech by Powell.
Please exercise caution.
#NZDJPY: Bearish Continuation is Coming?!
The NZD/JPY pair appears to be experiencing a long-term bearish trend. However, it has been consolidating within a horizontal range since the end of last week.
Yesterday, the price experienced a sudden drop, closing below a support level within the range. This breach of support is likely to initiate a trend-following movement.
The next level of support is anticipated to be around 86.13.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USD/JPY: Pullback From Resistance
The USD/JPY pair demonstrated a strong bearish response to the intraday resistance level, following the market opening.
Furthermore, a potential double top pattern is discernible, accompanied by the appearance of a bearish engulfing candle.
Consequently, a retracement towards the 147.19 level is anticipated.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Repost from N/a
+1
Great winner caught with my VIP Signals Premium Members βοΈ
#NZDCAD Buy Signal +30 pips Made π°
Join my VIP Signals Group and get trades with Entry/Stop/Target
Join Via @linofx1999
Repost from N/a
+1
Great winner caught with my VIP Signals Premium Members βοΈ
#EURJPY Buy Signal +50 pips Made π°
Join my VIP Signals Group and get trades with Entry/Stop/Target
Join Via @linofx1999
#NZDCAD: Pullback Trade for Today
The NZDCAD pair formed an inverted head and shoulders pattern on a significant daily horizontal support level.
The violation of its neckline suggests a local advantage for buyers.
Therefore, it is conceivable that the pair could experience an upward movement, potentially reaching the 0.8115 level.
βββββββββ
Hourly time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURJPY: Bullish Rally Continues
It appears that the EURJPY is anticipated to continue its upward trend, potentially reaching the 174.50 level.
A confirmed break of structure on 4-hour chart suggests a strong presence of buyers.
Given the lack of significant US news today, the market is expected to maintain a bullish sentiment.
βββββββββ
4-hour time frame
βββββββββ
My broker π
https://one.exnesstrack.org/a/u0exuwlj08
