Based on the AUDUSD weekly chart with RSI(14) data, here is a complete trading plan: Trade Setup: Mean Reversion (Overbought) Direction: SHORT (Sell) Entry Zone · 0.6820 – 0.6850 (Current price near the upper Bollinger Band / resistance, with...
*GBPUSD H4: Rejected at MA Cluster 1.33875 - 1.33932, Eyes on 1.33000* *Current Price: 1.33221* *BUY Button: 1.33281* *According to my analysis* GBPUSD H4 just got rejected hard from the *MA confluence + supply 1.33875 - 1.33932*. The blue MA, green...
USDCAD 15-Minutes Analysis: An increase in USD demand results in a significant intraday bounce in USD/CAD. The currency and US bond yields, however, may be negatively impacted by growing predictions that the Federal Reserve may reduce its aggressive...
NZDUSD Hourly Chart Analysis: The topic of discussion is the examination of the NZD/USD currency pair's price behavior. The hourly chart indicates that bears are attempting to resume the downward trend. After breaking through the 1/12 angle and...
GBPUSD Hourly Chart Analysis: The behavior and trends of the GBP/USD currency pair will be covered in this discussion. The GBP/USD pair is currently trending upward on the hourly chart, and the trend is confirmed by the price remaining above the...