Analyzing the GBP/USD Downward Trend and Key Support Levels
Good morning, traders! Welcome back to our analysis corner, where today we’re diving into the GBPUSD pair. Let’s explore the latest trends and insights together. GBPUSD market trading analysis: The GBPUSD pair has been sliding down for three days in a row as of Tuesday, hitting its lowest point since November 17 during Asian trading […]
XAUUSD Technical analysis and Market updates
Dear Traders, Welcome to Today’s XAUUSD Technical Analysis! At Guriforex, we’re dedicated to keeping you updated on market trends. Let’s dive straight into our comprehensive analysis without delay. XAUUSD Technical Analysis: 🔥 The XAUUSD pair is currently experiencing a significant surge, and it has reached new highs while exhibiting the formation of a rising wedge […]
USDJPY | Guriforex trading signal 18 May 2023
USDJPY | Guriforex trading signal 18 May 2023 We are watching for a possible rejection from the highlighted supply zone.Waiting for the possible short entry Trade with guriforex
XAUUSD | Guriforex trading signal 18 May 2023
XAUUSD | Guriforex trading signal 18 May 2023 XAUUSD may reverse soon!Here is the demand zone on XAUUSD. Watching for a rejection from that zone with an initial target around 1987. Trade with Guriforex
 EURUSD reached the OB|Guriforex trading signal 17 May 2023
The order block (OB) below the 1.08290 has been reached. After that, a reversal candle appeared. We expect the pair to pull back a little. Â Trade: Buy EURUSD Â Target: 1.08550 and 1.0900 Â SL: 1.0780 Trade with guriforex
AUDUSD is forming a piercing pattern | Guriforex trading signal 17 May 2023
The price started rising again. Williams %R left its oversold zone. By the way there was a divergence between the indicator and the price. The nearest resistance is 0.6674 Trade: Buy AUDUSD.Targets: 0.66740, 0.67010 Trade with guriforex
USDJPY started falling on H4 time frame guriforex trading signal 15 May 2023
#USDJPY The pair bounced from the local trend line and now it is testing 23.6% Fibo correction If it breaks 137.700 the next target is 135.460 – 135.500 Trade: sell USDJPY. The analysis was made on 4H TF. Take your time and be patient! TP: 135.500 SL: According to your trading strategy TRADE WITH guriforex
XAUUSD outlook guriforex trading signal 12 may 2023
The price has formed two trendlines: resistance local trendline (blue) and support global trendline (black). The main idea here is to spot a breakout and follow it. If the price breaks above the resistance trendline (blue), the target will be 2046.00. If the price declines below the support trendline (black), the closest target will be […]
​​AUDUSD bounces from the support line guriforex trading signals 15 may 2023
AUDUSD The pair broke the 23.6% Fibo correction It is moving to 0.66950. 200MA is moving sideways Trade: buy AUDUSD. The analysis was made on 4H TF. Take your time and be patien TP: 0.66950 SL: According to your trading strategy TRADE WITH Guriforex
GBPUSD is bearish! Guriforex trading signal 12 May 2023
#GBPUSD GBPUSD fell to the support trendline. At the same time, the RSI broke the trendline predicting a downtrend continuation.Thus, traders may look for the 1.2505 support breakout and sell the pair with targets at Traders who like to risk may also look for sell trades inside the 1.2550 – 1.2580 resistance range. Trade: Sell […]