#GBPJPY: Consolidation and Complete Indecision 🇬🇧🇯🇵
⚠️GBPJPY is very weak. The pair is coiling within a narrow range for 2 weeks.
FED & BOE interest rate decisions are ahead.
These news can be the important catalysts for the pair.
Watch carefully how the price reacts to the boundaries of the range.
If the price breaks and closes above 188.95 on a daily,
for us, it will be a strong trend following signal.
#GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦
⚠️GBPCAD is testing a solid rising trend line on a daily.
Probabilities are high that we will see a bullish reaction to that.
Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range
on an hourly time frame.
Hourly candle close above 1.7105 will confirm a violation.
A bullish continuation will be anticipated to 1.713.
If the price sets a new lower low lower close, a setup will become invalid.
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Daily/1H time frame
#EURAUD: Time to Buy?! 🇪🇺 🇦🇺
📈EURAUD is testing a confluence zone based on a horizontal intraday support and a rising trend line.
As a confirmation, the price formed a double bottom formation and violated its neckline.
We can expect a bullish movement now.
Goals: 1.6527 / 1.656
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4H time frame
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The markets keep remaining slow and boring, traders.
One more trading week is over and again, volatility and moves are very rare and most of the instruments keep ranging.
I guess the market participants are waiting for the next week.
FED is coming, US interest rate decision and a lot of news.
Have a great weekend, traders.
And prepare yourself for next week.🤩
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#AUDNZD: Bullish Move From Key Level 🇦🇺🇳🇿
I really like how 📈AUDNZD reacted to a key horizontal support on a 4H time frame.
After its test, the pair started to consolidate and formed a horizontal range.
Breakout of the resistance of the range was a strong bullish signal.
We see a positive bullish reaction now and can anticipate a further growth.
Goals: 1.0814 / 1.0828
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4H time frame
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Guys,
A lot of news coming!❗️
ECB interest rate decision in 1 hour.
US GDB and Jobs data in 1 hour 15 minutes.
ECB press conference.
Be careful!
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Dow Jones Index (#US30): Confirmed Bullish Signal?!
📈Dow Jones retested a recently broken horizontal resistance.
After a test of structure, the market bounced and violated the upper boundary
of a bullish flag pattern.
The violation may trigger a trend following movement.
Goals: 38050 / 38100
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4H/1H time frames
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#CADCHF: Time to Short 🇨🇦🇨🇭
📉CADCHF nicely retraced from a key horizontal resistance.
The price formed a double top and was nicely rejected, violating a neckline of the pattern.
We can expect a bearish movement to 0.643 support.
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1H time frame
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#EURGBP: Time For Pullback 🇪🇺🇬🇧
📈EURGBP broke a resistance line of a falling parallel channel
after a test of a key horizontal support.
I bought the pair on a retest of a broken trend line.
I expect a pullback now at least to 0.8579
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1H time frame
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https://t.me/TheMovingAverage_ByArty
Dow Jones Index (#US30) Does the Bullish Trend Continue
📈Dow Jones index is trading in a strong bullish trend.
After the market set the all-time high at the end of December,
the market started to consolidate within a horizontal range.
Bullish breakout of the resistance of the range is a strong trend-following signal.
It may push the prices to 38400 level.
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Daily time frame
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https://t.me/TheMovingAverage_ByArty
