Hello Traders ! On The Daily Time Frame, The EURGBP Price Reached A Strong Resistance Level (0.87348 - 0.87190). Currently, The Price Failed To Create a New Higher High. The Last Higher Low is Broken (ChoCh). The Support Line is Broken. So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 0.86260🎯
DESENDING WEDGE BREAKOUT - Divi's laboratory has recently broken out of a Descending Wedge pattern with confirmation on weekly chart indicating strong upside pressure 50D & 200D SMA ACTING AS STRONG SUPPORT - Price has recently reversed from these 2 sma on weekly chart simultaneously indicating strong upward momentum REVERSAL FROM STRONG...
TECHNICAL INDICATORS : ASCENDING TRIANGLE BREAKOUT - The stock has broken out of the this pattern on weekly chart REVERSAL FROM 50D, 100D, 200D SMA - The stock has also reversed from all the 3 sma simultaneously indicating very strong upside pressure building up REVERSAL FROM STRONG SUPPORT-RESISTANCE ZONE - On top of that the stock has also...
TECHNICAL ANALYSIS : ASCENDING TRIANGLE BREAKOUT - Price has broken out of the pattern 2-3 weeks back on weekly chart 50D & 100D SMA REVERSAL - Price has also taken support on 50D & 100D SMA simultaneously a few months back and have reversed from those levels since then VOLUME SPIKE - Price has shown volume spike on the previous week (10th...
Hello dear friends, After a long period of moving sideways, AUDUSD has finally regained upward momentum as the USD weakens and provides support for this currency pair. The 0.644 peak has been easily surpassed and could potentially become a strong support level, as indicated by the 4-hour chart analysis showing an upward trend supported by the reversal from the...
Hello, Karina's wonderful friends! USD/CAD has dropped sharply to around 1.3800 as the US dollar weakened amid the Federal Reserve's stable monetary policy. The USD index fell to around 106.16 as investors saw the Fed completing its interest rate hikes. Investors are now waiting for employment data from the US and Canada for further guidance. On the chart, using...
Hello dear friends! Just like yesterday, gold experienced strong fluctuations after the evening news and quickly returned to the previous trading level around $1987, with little change compared to the same time yesterday. Gold prices are seeking support from the weak performance of the US Dollar and the low interest rates of the US Treasury bonds as they attempt...
Fundamentals With the Israel/Ukraine situation developing, countries and companies will certainly not mind some extra cybersecurity spending. Hence, companies like NASDAQ:QLYS are well-positioned to benefit Any company making new all-time highs during a challenging time in the markets should catch your interest. This one just did it on impressive...
This chart shows an ascending channel pattern that has formed on the daily timeframe of EUR/USD following a long-term downtrend that had been active since July. It can now be used for a bearish breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green...
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As We Talked in The Previous Analysis: The XAUUSD Price Broke a Resistance Line. and Reached a Strong Resistance Level (1987.530 - 1972.240). Currently, This Key Level is Broken. -The Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 1.83370🎯
As We Talked in The Previous Analysis: The XAUUSD Price Broke a Resistance Line. and Reached a Strong Resistance Level (1987.530 - 1972.240). Currently, The Price Created a Correction and Touched The Support Level! and Now it Will Continue its Bullish Movement ! ----------- TARGET: 2033.000🎯
XAGUSD is repeating the same pattern. In late September silver created the same pattern , formed strong support level and once loss that support , there were some red days for silver bulls. Now silver again forming support zone in same area of value, if it again loss this level, then are we expecting red days for silver again ?
As We Talked in The Previous Analysis: On Thursday 19 Oct, The CADCHF Price Reached a Support Level (0.64800 - 0.64950) The Price Created a Rectangular Range. The Upper Resistance is Broken. Currently, The Price Created a Correction and Touched The Support Level! and Now it Will Continue its Bullish Movement ! ----------- TARGET: 0.65980🎯
Hello Traders ! -The EURNZD Failed To Create a New Higher High. -The Price Formed a Triple TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 1.78590🎯
Hello dear friends, what do you think the next move for gold will be? As per market expectations, the US Federal Reserve has decided to maintain interest rates at a range of 5.25% to 5.5% as an optimistic signal for the economy. The Fed raised interest rates significantly for most of last year, bringing them to around 5.25% to 5.5%, with the aim of bringing...
Multiyear channel breakout Stock. Keep it on watch list for long term
Week Chart AAVE already has broken #Resistance Line by Descending Trend Line. But it has another one at $110 ahead. Wait for #Retest Step after Resistance turn into Support Time will tell