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EURUSD, “Euro vs US Dollar” EURUSD has rebounded from the resistance level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0725 is expected, followed by a decline to 1.0545. An additional signal confirming the decline will be a rebound from the […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern on H4 near the support level. Currently, the instrument is going by the reversal signal in an ascending wave. The pullback target could be the resistance level of 1.0720. However, the price could drop to 1.0625 and continue the downtrend without testing the […]
Daily Market Outlook, September 19, 2023 Munnelly’s Market Commentary… Asian equity markets mostly traded lower, mirroring the flat performance in the United States. The lack of significant catalysts and mounting caution ahead of upcoming central bank decisions contributed to the subdued market sentiment. The Nikkei 225 underperformed as recent regional losses caught up with the […]
TitleNZDUSD H4 | Rising into 50% Fibo resistance TypeBearish Reversal Preference:Price is rising towards the pivot point of 0.5937 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 0.58667 which is a pullback […]
Unauthorised firm details Name: PRO WELFARE FX Address: 1411, 21st Street, Sacramento, UNITED STATES OF AMERICA, CA 95814 Alexander Road, London, UNITED KINGDOM, N16 9HE Email: [email protected] Website: www.prowelfaresfx.online Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are under the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI has broken the support line. In this situation, a test of the 1/8 (0.6408) level is expected, followed by its breakout and a decline to 0/8 (0.6347). The scenario can be […]