I’m keeping it simple with these rangebound setups today!
Will the inflection points hold for USD/CHF and NZD/JPY?
Or are we about to see major breakouts soon?
NZD/JPY: 4-hour
NZD/JPY 4-hour Forex Chart
Let’s start off with this neat rectangle pattern on the 4-hour chart of NZD/JPY.
The pair has been moving sideways between support around 83.25 and is closing in on the resistance at…
Where my short-term trader friends at?
I know you like them 1-hour charts so today we’re looking at Bitcoin’s (BTC/USD) uptrend and NZD/USD’s reversal pattern.
Check them out!
BTC/USD: 1-hour
BTC/USD 1-hour Forex Chart
Just when we thought Bitcoin (BTC/USD) is ready to moon again, crypto bears dropped their 24K magic and dragged BTC below the 24,000 level.
BTC/USD is now trading…
Finishing the trading week off with these neat correction setups on a couple of Loonie pairs!
Is the trend still my friend on GBP/CAD and USD/CAD?
Here are the levels to watch.
GBP/CAD: 1-hour
GBP/CAD 1-hour Forex Chart
This pair has been cruising inside a falling channel for almost a whole month already!
Another pullback to the resistance might be in the works, as price is currently bouncing…
Looking for big swing setups this week?
I’m seeing a couple of potential long plays on these forex pairs and a trend setup on gold!
Will these major inflection points hold or are we about to see breakouts?
Gold (XAU/USD): 4-hour
Gold (XAU/USD) 4-hour Chart
Where my gold bears at?!
The precious metal has been trending lower since March this year, and it looks like another pullback to…
I’m keeping it simple today with these classic chart patterns on these hourly charts of CHF pairs.
Will we see breakouts on these pairs soon?
Here are the levels I’m watching.
GBP/CHF: 1-hour
GBP/CHF 1-hour Forex Chart
This pair has formed lower highs and found support around the 1.1540 mark, creating a descending triangle on its hourly time frame.
Price is hanging out at the top of the…
Welcome to mid-week trading, errbody!
Feel like looking at comdolls today?
I hope you are because AUD/NZD and GBP/AUD just hit possible pullback levels!
AUD/NZD: 1-hour
AUD/NZD 1-hour Forex Chart
AUD bulls have been making pips rain since last week when AUD/NZD found support at 1.0975.
The pair is now trading closer to 1.1120 after bouncing from the 50% Fibonacci level of this…
Who’s ready to catch big market moves today?
Here’s a quick look at major inflection points and chart patterns on crude oil and EUR/GBP.
EUR/GBP: 4-hour
EUR/GBP 4-hour Forex Chart
Heads up, euro bears and pound bulls!
EUR/GBP has just broken through the neckline of a short-term head and shoulders pattern on its 4-hour time frame.
What’s next for this forex pair?
A selloff…
Welcome to Friyay trading, forex friends!
Whether you like trading the majors or you’re more into comdoll crosses, I got yo back with potential breakouts on USD/CHF and GBP/CAD.
Check these setups out while they’re still valid!
GBP/CAD: 4-hour
GBP/CAD 4-hour Forex Chart
GBP/CAD has been on a downtrend since mid-February when the pair got rejected at the 1.7400 psychological…
The greenback, in phrases of the US Dollar Index (DXY), returns to the superb territory and appears to reclaim the ninety six neighbourhood at the starting of the week.
US Dollar Index appears to data, yields, Powell
The index partly reverses Friday’s average pullback and trades on an upbeat observe close to the ninety six mark amidst the continuation of the upside momentum in US yields…
“Inflation will fall this year,” the European Central Bank (ECB) Chief Economist Phillip Lane stated in an interview on Tuesday.
Additional quotes
“Will fall under ECB’s goal of 2% in 2023 and 2024.”
“Does no longer see behavior that would propose inflation will continue to be above ECB’s goal in the medium term.”
The annualized Eurozone Consumer Price Index (CPI) jumped by way of…