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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Remember, today is the official US Banking Holiday! πΊπΈ
I won't be trading during the NY session today but will be back tomorrow morning.
#CADJPY: More Growth Ahead?!
πCADJPY broke above a key daily horizontal resistance yesterday.
The combination of this broken structure and an upward trend line creates a solid demand zone.
This area will be an ideal point to consider buying following a pullback, with the next target for buyers set at 107.27.
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Daily time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDJPY: Waiting For a Breakout to Buy
β οΈUSDJPY is in a strong bullish trend on an intraday chart and is currently testing a significant horizontal resistance.
I'm looking for a breakout, specifically a 4-hour candle closing above it, to enter a buy position.
A bullish break of the highlighted blue area will provide a strong signal, potentially driving prices up to the 146.10 resistance level.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURJPY: Strong Bullish Signal
πEURJPY has effectively adhered to a significant intraday/daily horizontal resistance.
Following a liquidity grab below this level, the price formed a strong bullish imbalance candle on the 4-hour chart.
I anticipate that the pair will pull back to 167.37.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Today is packed with important news, with the most significant updates yet to come.
In 20 minutes, we'll have the FED Interest Rate Decision, followed by the FED Press Conference in 50 minutes.
#GBPCHF: Another Nice Setup to Sell
πGBPCHF could continue to decline after testing a significant daily resistance level.
As a confirmation signal, I spotted a head and shoulders pattern
on that on an hourly time frame.
The price may drop to at least 1.0971, followed by 1.0939 support.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDCHF: Bullish Move From Key Level
I see a solid bullish signal on πUSDCHF following a test of significant support.
The price formed an ascending triangle pattern on the 4-hour chart and has broken above its neckline.
I anticipate that the price will soon reach the 0.8193 level.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): One More Buying Opportunity
πSILVER is currently experiencing a strong bullish trend on the daily chart.
Since the end of last week, it has been consolidating within a horizontal range on a 4-hour time frame.
Today's bullish movement has successfully broken above the resistance of this range, confirming buyer strength and suggesting a likely continuation of the upward trend.
The next target is 38.00.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Repost from N/a
+1
Great winner caught with my VIP Signals Premium Members βοΈ
#GBPCHF Sell Signal +30 pips Made π°
Join my VIP Signals Group and get trades with Entry/Stop/Target
Join Via @linofx1999
#GBPCHF: Bearish Movement After Breakout
πGBPCHF appears to be bearish following a breakout of a significant daily support level.
After retesting this broken structure, the pair formed an inverted cup and handle pattern, and we are now seeing the test of the broken neckline.
A downward movement towards 1.1006 is anticipated.
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Daily/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
US Retail Sales data will be released in 15 minutes! π It's the first major US news announcement of the week!
GOLD (#XAUUSD): Your Trading Plan Explained
β οΈGOLD is currently at a crucial daily horizontal support level.
It is consolidating within a horizontal range on the 4-hour chart, showing a positive bullish reaction and testing the range's resistance.
A breakout above this resistance with a 4-hour candle close would signal strong bullish momentum, potentially leading to further gains, with the next target at 3437.
Conversely, a bearish breakout below the support could initiate a downward movement.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Repost from N/a
+1
Great winner caught with my VIP Signals Premium Members βοΈ
#SILVER Buy Signal +50 pips Made π°
Join my VIP Signals Group and get trades with Entry/Stop/Target
Join Via @linofx1999
Amid the ongoing Israel-Iran conflict, I've received many inquiries about trading.
I will stick to my conservative trading plan due to last week's heightened market volatility, which signals caution and a reduction in trades.
While volatility can create profit opportunities, it also increases risks for day traders and scalpers.
It's important to monitor news closely, as sudden shifts may require quick adjustments to trades.
Despite predicting a rise in Gold prices, the market initially behaved bearishly.
Stay cautious and good luck this week!
#EURUSD: Bullish Move After Breakout
The price action on EURUSD shows that it broke through a horizontal resistance level on the 4-hour chart.
Following the breakout, a local correction occurred, forming a bullish flag pattern.
As the NY session opened, the market rose and surpassed its resistance line, indicating a strong likelihood of continued upward movement.
The target is set at 1.1616.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDJPY: Intraday Bearish Confirmation
In the middle of last week, I spotted a valid confirmed structure breakout on πUSDJPY on a 4-hour timeframe.
Currently, the pair is retesting the broken structure, and the price has formed a strong bearish confirmation on the hourly chart.
I see a double top pattern and a violation of its neckline.
With high probability, the price will fall and reach the 144.02 level.
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4Hour/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
