Birrell
Selling zone at EURUSD
Yesterday did not provide new opportunities. We have seen a hold and continue to expect to reach the resistance zone . On pullback from it, we will look for sales entry. The goal remains a breakout of the previous bottom, and we will determine the specific profit levels after the end of the correcti
AUDUSD Watch: Key Level Break and Lower Low, Wait for a Pullback
The AUDUSD has been in a bit of a tricky situation lately, as price has broken a key level and made a lower low. This has traders wondering where the pair may be headed next. However, before jumping in, it's important to wait for a pullback and not chase price. With the upcoming Federal Reserve rate
AUDUSD Potential for Bullish Continuation
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 0.67816, where the 61.8% Fibonacci line is. Stop loss will be at 0.66402, slightly below where the 50% Fibonacci l
EURUSD LONG
Possible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momen
UK Prime Minister Liz Truss resigns after failed budget and market turmoil
LONDON — U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. Truss was in office for just 44 days, making her the shortest-serving prime minister in British history. For
Trading Forex safely: the ultimate checklist for choosing a Forex broker in Malaysia
Choosing a reliable broker to invest with isn’t always easy. Malaysian financial experts have outlined eight tips on how to find a trustworthy broker to start trading Forex. Forex trading is getting bigger every day. With so many brokers offering their services, finding the right one can be di
GBPUSD - Potential Bullish Reversal? Waiting For Confirmation
Hi Traders. It's been awhile since i do any breakdown on GBPUSD as the recent price movement was basically just a strong downtrend. But something interesting here, if you pay close attention to how price rejected 1.20 key memory zone with a strong doji pattern, it seems like buyers are trying to ste
AUDUSD Long (Intraday)
ot looking for a huge move on this trade because my bias overall is down. But there was too many confluences and the DXY is looking like it is going to drop at the time of this trade. On the 1H timeframe was a long legged doji or a hammer candle. The candlesticks are not that attractive but I had to
AUDUSD Drop After Breakout
As you see in the 4H chart, price is moving in the huge ascending channel . Price failed to reach the channel’s upper band in its last upside move and currently, it is moving downside towards the channel’s lower band. If we take a look at the price structure, we can see that there is more downside p
Oil dips as investors eye U.S. crude release, China demand concerns
Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a COVID-19 outbreak weighed on fuel demand. Brent crude futures fell 6 cents to $84.41 a barrel at 0427 GMT. U.S. We
Trump returns to Oval Office
In a new memo released midday Wednesday, Trump's doctor relayed the President saying "I feel great!" and reported he had been symptom-free for 24 hours. But the memo declined again to provide critical information such as when Trump last tested negative, what his lung scans show, and whether he is st
USDCHF MACD DIVERGENCE
#USD/CHF#
Hello traders! USDCHF is at support area where we can see it is struggling to break to the downside. Price has formed a nice MACD divergence at that support are from where we can expect a move to the upside. Price is bullish on higher time frames. If you like the idea an
Pull-up Update