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BRENT On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of the downtrend. The RSI is nearing the oversold area. Currently, we should expect a test of 1/8 (89.06), a breakaway of it, and falling to the support level of 0/8 (87.50). The scenario can be cancelled by rising over the […]

Common Risks That Every Forex Trader Should Know Forex market is know that is having the biggest trading volume in the world, which is why they are highly liquid assets. Forex trading has it is own part of challenges and taking risk at a certain degree is inevitable for a forex trader, an understanding of […]

Type: Bearish Momentum Key Levels:Resistance:1433.75Pivot:1409.75Support:1391.75 Preferred Case:On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the Pivot at 1409.75, where the 38.2% Fibonacci line is. Alternative Scenario:Price […]

Weekly Live Market & Trade Analysis November 18, 2022 Watch yesterday's live market and trade analysis session here! Markets are moving, join me every Thursday for 'Real Time Actionable Analysis' on over 20 charts, where I review current positions & some high probability setups, join me in real-time at – @ 1pm GMT next Thursday […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a structure of a wave of growth to 1.0305. Today the market has corrected to 1.0390. Another structure of decline is expected to develop to 1.0280. And with a breakaway of this level as well, a pathway to 1.0166 might open. The goal is local. […]

EURUSD The pair is pushing off the signal lines of the indicator, going below the Ichimoku Cloud, which suggests the prevalence of an uptrend. A test of the upper border of the Cloud is expected at 1.0285, followed by growth to 1.0715. An additional signal confirming the growth will be a bounce off the lower […]