Current Price: 1.17764
Slight recovery after a pullback.
Moving Averages (SMA 20, 50, 100, 200):
Price is trading above SMA 50 & 100, showing medium-term bullish structure.
SMA 20 is flattening and could turn downward if momentum weakens.
SMA 200 (red line) is much lower, which shows the long-term uptrend is still intact.
RSI (Relative Strength Index):
Current RSI is around 40โ45 (oversold zone was touched).
Indicates sellers lost strength and a potential bounce/reversal may be forming.
Recent Price Action:
Strong rally up to 1.1900, followed by a sharp correction.
Price is now consolidating near 1.1750โ1.1780 support.
Big wick near 1.1900 shows strong selling pressure at that level.
Medium-term: Still bullish unless price breaks below 1.1700.
Risk: If EUR/USD fails to break above 1.1820, it could retest 1.1700.
Buy Scenario:
If price holds above 1.1750 and RSI pushes above 50 โ target 1.1820 / 1.1900.
Sell Scenario:
If price breaks below 1.1750 with strong volume โ target 1.1700 / 1.1650.
Slight recovery after a pullback.
Moving Averages (SMA 20, 50, 100, 200):
Price is trading above SMA 50 & 100, showing medium-term bullish structure.
SMA 20 is flattening and could turn downward if momentum weakens.
SMA 200 (red line) is much lower, which shows the long-term uptrend is still intact.
RSI (Relative Strength Index):
Current RSI is around 40โ45 (oversold zone was touched).
Indicates sellers lost strength and a potential bounce/reversal may be forming.
Recent Price Action:
Strong rally up to 1.1900, followed by a sharp correction.
Price is now consolidating near 1.1750โ1.1780 support.
Big wick near 1.1900 shows strong selling pressure at that level.
Medium-term: Still bullish unless price breaks below 1.1700.
Risk: If EUR/USD fails to break above 1.1820, it could retest 1.1700.
Buy Scenario:
If price holds above 1.1750 and RSI pushes above 50 โ target 1.1820 / 1.1900.
Sell Scenario:
If price breaks below 1.1750 with strong volume โ target 1.1700 / 1.1650.
All SMAs are sloping down โ clear bearish trend.
Price is trading below all SMAs โ sellers fully in control.
SMA 20 (yellow) is under SMA 50 & 100 โ confirms short-term weakness.
Recently bounced slightly from near 20 level (extreme oversold).
Suggests possible short-term pullback, but trend still bearish.
4. Price Action
Strong downward momentum since rejection near 0.4760โ0.4780.
Broke through 0.4700 support and continued to fall.
Currently consolidating around 0.4650 zone, which is new support.
Short-term: Bearish to neutral (oversold RSI may trigger bounce).
Medium-term: Bearish as long as price stays below 0.4700.
Long-term: Bearish, unless price breaks above 0.4760.
Sell Setup (Trend-following):
If price retests 0.4680โ0.4700 and fails โ possible short entry.
Target: 0.4650 โ 0.4620.
Buy Setup (Counter-trend, risky):
If RSI climbs above 40 and price holds 0.4650 support โ short bounce possible.
Target: 0.4680 โ 0.4700.
Conclusion: Main trend is bearish, so selling rallies is safer than buying dips.
Price is trading below all SMAs โ sellers fully in control.
SMA 20 (yellow) is under SMA 50 & 100 โ confirms short-term weakness.
Recently bounced slightly from near 20 level (extreme oversold).
Suggests possible short-term pullback, but trend still bearish.
4. Price Action
Strong downward momentum since rejection near 0.4760โ0.4780.
Broke through 0.4700 support and continued to fall.
Currently consolidating around 0.4650 zone, which is new support.
Short-term: Bearish to neutral (oversold RSI may trigger bounce).
Medium-term: Bearish as long as price stays below 0.4700.
Long-term: Bearish, unless price breaks above 0.4760.
Sell Setup (Trend-following):
If price retests 0.4680โ0.4700 and fails โ possible short entry.
Target: 0.4650 โ 0.4620.
Buy Setup (Counter-trend, risky):
If RSI climbs above 40 and price holds 0.4650 support โ short bounce possible.
Target: 0.4680 โ 0.4700.
Conclusion: Main trend is bearish, so selling rallies is safer than buying dips.
โค8๐1
Scenario 1: Pullback / Sell Setup
Entry Sell: 3,760 โ 3,765 zone
Stop Loss (SL): 3,782
Take Profit (TP):
TP1: 3,745
TP2: 3,730
TP3: 3,724
Entry Sell: 3,760 โ 3,765 zone
Stop Loss (SL): 3,782
Take Profit (TP):
TP1: 3,745
TP2: 3,730
TP3: 3,724
XAUUSD (GOLD)
Entry Zone: 3735 โ 3745
Stop Loss (SL): 3765
Take Profit (TP):
โข TP1: 3715
โข TP2: 3700
Entry Zone: 3735 โ 3745
Stop Loss (SL): 3765
Take Profit (TP):
โข TP1: 3715
โข TP2: 3700
Mad Turtle MT5 EA Download: Trade Like a Legend https://www.forexinworld.com/mad-turtle/#google_vignette
XAUUSD (Gold)
๐น Possible Scenarios
Bullish Continuation (More likely)
If price sustains above $3,740, bulls may attempt to break $3,780โ$3,800.
Break & close above $3,800 could open upside towards $3,840โ$3,880.
Pullback Scenario
If $3,780โ$3,800 rejects again, price may retrace to $3,740 โ $3,700.
Deeper pullback possible if RSI forms bearish divergence.
๐น Trading Plan (Not Financial Advice)
Buy on dips near $3,740โ$3,720 with SL below $3,700. Target: $3,780 โ $3,800+.
Aggressive breakout buy above $3,800 close (Target: $3,840โ$3,880).
Sell setup only if $3,780 rejects strongly with bearish candle + RSI divergence (Target: $3,740 โ $3,700).
๐ Summary:
Trend is bullish, momentum still supportive, but $3,780โ$3,800 is the key level. A breakout above $3,800 = further rally, rejection = short-term pullback.
๐น Possible Scenarios
Bullish Continuation (More likely)
If price sustains above $3,740, bulls may attempt to break $3,780โ$3,800.
Break & close above $3,800 could open upside towards $3,840โ$3,880.
Pullback Scenario
If $3,780โ$3,800 rejects again, price may retrace to $3,740 โ $3,700.
Deeper pullback possible if RSI forms bearish divergence.
๐น Trading Plan (Not Financial Advice)
Buy on dips near $3,740โ$3,720 with SL below $3,700. Target: $3,780 โ $3,800+.
Aggressive breakout buy above $3,800 close (Target: $3,840โ$3,880).
Sell setup only if $3,780 rejects strongly with bearish candle + RSI divergence (Target: $3,740 โ $3,700).
๐ Summary:
Trend is bullish, momentum still supportive, but $3,780โ$3,800 is the key level. A breakout above $3,800 = further rally, rejection = short-term pullback.
โค15๐1
Gold buy now 3808 - 3805
SL: 3802
TP: 3810
TP: 3812
TP: 3814
TP: open
SL: 3802
TP: 3810
TP: 3812
TP: 3814
TP: open
โค3
EUR/USD Technical Analysis
Relative Strength Index (RSI โ 14):
RSI is currently around 50โ55, indicating a neutral zone.
Previous peaks above 70 triggered a sell-off, while a bounce from near 30 has supported the recent recovery.
Momentum is neither strongly bullish nor bearish at the moment.
Price Action:
EUR/USD faced resistance near 1.1850 and dropped sharply toward 1.1700, where it found strong buying interest.
The pair has since rebounded and is attempting to hold above 1.1740.
If buyers sustain above 1.1740, we could see a retest of 1.1800โ1.1850 resistance.
A break below 1.1700 would expose 1.1650 and 1.1600 supports.
Key Levels to Watch
Resistance: 1.1780 โ 1.1800, then 1.1850
Support: 1.1700, 1.1650, 1.1600
Trading Bias
Neutral to slightly bullish while above 1.1700 support.
Bullish scenario: If the pair clears 1.1780โ1.1800, momentum may target 1.1850+.
Bearish scenario: A break below 1.1700 will shift bias lower toward 1.1650 / 1.1600.
Relative Strength Index (RSI โ 14):
RSI is currently around 50โ55, indicating a neutral zone.
Previous peaks above 70 triggered a sell-off, while a bounce from near 30 has supported the recent recovery.
Momentum is neither strongly bullish nor bearish at the moment.
Price Action:
EUR/USD faced resistance near 1.1850 and dropped sharply toward 1.1700, where it found strong buying interest.
The pair has since rebounded and is attempting to hold above 1.1740.
If buyers sustain above 1.1740, we could see a retest of 1.1800โ1.1850 resistance.
A break below 1.1700 would expose 1.1650 and 1.1600 supports.
Key Levels to Watch
Resistance: 1.1780 โ 1.1800, then 1.1850
Support: 1.1700, 1.1650, 1.1600
Trading Bias
Neutral to slightly bullish while above 1.1700 support.
Bullish scenario: If the pair clears 1.1780โ1.1800, momentum may target 1.1850+.
Bearish scenario: A break below 1.1700 will shift bias lower toward 1.1650 / 1.1600.
๐3โค2
Download ARIA Connector EA for MT5 โ Verified Forex EA (Direct Link) https://www.forexinworld.com/aria-connector/
FOREX IN WORLD
Download ARIA Connector EA for MT5 โ Verified Forex EA (Direct Link)
If you are a serious Forex trader looking for an automated solution to manage multiple accounts, ARIA Connector EA for [โฆ]
EUR/JPY
Bearish Scenario:
Failure to break above 50 SMA โ price may retest 200 SMA at ~172.300.
A break below 172.300 opens the path to 171.500โ171.000.
Summary
EUR/JPY is in short-term bearish correction after a recent uptrend.
Immediate support: 172.300, resistance: 173.500.
RSI rebound suggests a minor recovery, but major trend remains cautious until price clears 50โ100 SMA.
Trading Signal Suggestion:
Conservative Buy: Near 172.300โ172.500 with tight stop-loss below 172.200, target 173.500.
Aggressive Sell: Below 172.300 for continuation of bearish correction toward 171.500.
Bearish Scenario:
Failure to break above 50 SMA โ price may retest 200 SMA at ~172.300.
A break below 172.300 opens the path to 171.500โ171.000.
Summary
EUR/JPY is in short-term bearish correction after a recent uptrend.
Immediate support: 172.300, resistance: 173.500.
RSI rebound suggests a minor recovery, but major trend remains cautious until price clears 50โ100 SMA.
Trading Signal Suggestion:
Conservative Buy: Near 172.300โ172.500 with tight stop-loss below 172.200, target 173.500.
Aggressive Sell: Below 172.300 for continuation of bearish correction toward 171.500.
No trade can achieve a 100% success rate. It's crucial to set a stop-loss on every trade to preserve some of your capital.
Remember, you can't reverse the amount lost with each stop-loss. Instead, you have to use new capital for a new trade, allowing you to recover your losses if you make a profit.
Professional traders trade with their monthly profit in mind. Not every day is profitable, so be careful not to overtrade.
Have a great day.
Remember, you can't reverse the amount lost with each stop-loss. Instead, you have to use new capital for a new trade, allowing you to recover your losses if you make a profit.
Professional traders trade with their monthly profit in mind. Not every day is profitable, so be careful not to overtrade.
Have a great day.
Need any help about forexinworld contact to @FxCare
Many new traders have this question in their mind that how much amount should they trade.
The answer is that you can trade with a minimum of $50. It's always important to be patient with every trade. Avoid overtrading until you get the right signal.
The answer is that you can trade with a minimum of $50. It's always important to be patient with every trade. Avoid overtrading until you get the right signal.
Many industries in the US are undergoing shutdowns. Please be patient. Forex trading and gold markets will appear quite volatile now. This requires you to take the right trades at the right time.
Stay tuned for future updates and send them to your friends. You will surely benefit.
Stay tuned for future updates and send them to your friends. You will surely benefit.
Technical analysis for NZD/CHF (4H chart)
๐น Price Action
Current price is around 0.4644.
Market recently bounced from below 0.4600, showing short-term recovery.
However, price is still trading below the 50, 100, and 200 SMAs, meaning the overall trend remains bearish.
๐น Moving Averages (SMA Ribbon)
Price is testing the 20 SMA (yellow line).
The 50 SMA (orange) and 100 SMA (brown) above are acting as strong resistance.
The 200 SMA (red) is far above โ unless price breaks 0.4700โ0.4720, the downtrend is intact.
๐น RSI (Relative Strength Index)
RSI is around 60.
Indicates some short-term bullish momentum.
If RSI pushes above 70, it enters overbought zone.
A bullish divergence had formed earlier, which explains the recent bounce.
๐น Key Levels
Resistance: 0.4660 โ 0.4680 (50 & 100 SMA zone), then 0.4720 โ 0.4740
Support: 0.4620 โ 0.4600 (recent swing low), then 0.4560
๐น Possible Scenarios
1. Bullish Case (Short-term bounce)
If price sustains above 0.4660, next upside targets are 0.4680โ0.4720.
2. Bearish Case (Trend continuation)
If price closes below 0.4620, decline towards 0.4600 and 0.4560 is likely.
๐ Summary:
Short-term: Some bullish recovery.
Medium-term: Still in a bearish trend unless it breaks above 0.4720.
Best approach: Intraday traders can look for selling opportunities near 0.4660โ0.4680. If a breakout above 0.4720 happens, then buyers may step in.
๐น Price Action
Current price is around 0.4644.
Market recently bounced from below 0.4600, showing short-term recovery.
However, price is still trading below the 50, 100, and 200 SMAs, meaning the overall trend remains bearish.
๐น Moving Averages (SMA Ribbon)
Price is testing the 20 SMA (yellow line).
The 50 SMA (orange) and 100 SMA (brown) above are acting as strong resistance.
The 200 SMA (red) is far above โ unless price breaks 0.4700โ0.4720, the downtrend is intact.
๐น RSI (Relative Strength Index)
RSI is around 60.
Indicates some short-term bullish momentum.
If RSI pushes above 70, it enters overbought zone.
A bullish divergence had formed earlier, which explains the recent bounce.
๐น Key Levels
Resistance: 0.4660 โ 0.4680 (50 & 100 SMA zone), then 0.4720 โ 0.4740
Support: 0.4620 โ 0.4600 (recent swing low), then 0.4560
๐น Possible Scenarios
1. Bullish Case (Short-term bounce)
If price sustains above 0.4660, next upside targets are 0.4680โ0.4720.
2. Bearish Case (Trend continuation)
If price closes below 0.4620, decline towards 0.4600 and 0.4560 is likely.
๐ Summary:
Short-term: Some bullish recovery.
Medium-term: Still in a bearish trend unless it breaks above 0.4720.
Best approach: Intraday traders can look for selling opportunities near 0.4660โ0.4680. If a breakout above 0.4720 happens, then buyers may step in.