Hello,Traders! DXY is trading in an uptrend And the index has formed a bullish wedge So IF we see a bullish breakout Then we will see a further move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! USD-CAD is retesting a horizontal support And despite the fact that the setup looks risky I think that we might see a local move up To retest the local target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
price has been bearish for a while and diverging it broke our green trendline so im looking for buys but its better to wait for it to retest the green trendline then take it from there And remember we dont predict the market we take what it gives us...... Please like and comment if have a Question feel free to dm me
Technical Analysis and Outlook: After the retest of our Mean Res 1.1090, the Eurodollar continues its journey down as projected in March 18 chart to Mean Sup 1.0900. The completed Inner Currency Dip 1.0820 is the latest extension - some bullish moves are possible within the current downtrend.
Technical Analysis and Outlook: The Eurodollar practically completed our Inner Currency Dip 1.1100 flagged on Daily Chart Analysis For January 28, 2022. The current price action suggests a primary target of the Mean Res 1.1322. Whereas more bearish moves are will be executed to our newly created Mean Sup 1.1190 and 1.1110.
Current active trade 1-20-22 Long EUR AUD- 2hr Demand zone with stop at 1.55654. target 1- 1.56900, target 2- 1.5745 Supply- Short Setup-30 Min chart at 1.5760
there exist a Bearish Divergence with MACD which may dictate some price correction and retracement we may have Price Bunce from any Fibonacci retracement level and it can result it a higher highs
Earlier Neutral Analysis: now we are having more clear vision over this Instrument with more clear Bearish Divergence with MACD which is the sign of trend reversal, we may have some retracement to the lower Fibonacci Retracement levels of 50% and 61.8%, or so called Fibonacci Golden Zone we can have our Stop Lose above the Resistance levels
A textbook example of contracts being accumulated for another push to the downside. Ultimately, this range took about Twenty-Two Hours to form. At Nine O'clock we see price creeping upwards which then moved downwards forming what seems to be a mini range of consolidation. Once again, let us wait as patience tends to reward those in interest.
NZDJPY rebounded from the downtrend line and resistance level 78.20 price below SMA 100 and key level around 77.60 RSI below 50 so it's expected the bearish movement to support level around 76.40
Technical Analysis: As you can see, the currency pair has shown Bearish Divergence with MACD in the daily Timeframe chart which is the sign of bearish trend upcoming and some retracement to lower levels. we draw Fibonacci retracement from low to high of the initial Bullish wave which has important levels defined. What we think that GBPJPY may rise up from 38.2%...
Whats Up! Mr. Pipzz back here with another analysis These are my thoughts for GBPJPY this week. I can see the market pulling into either direction. So, I've identified a few key targets for both the bulls and the bears. Not going to over explain, I'm just getting straight to the point. This week started off extremely bearish following a pullback to a small,...
Price is at a a key level and considering the hype and positive reviews, we all know Zcash will definitely increase in price. From a technical analysis point of view, the first price target will be the top of the ascending channel with a possible continuation to the previous supply zone after which we might see price slowly dwindle down to form new lower lows. ...
Evening Traders, Today’s analysis – GBPJPY- impulse price action, trading with a bounce from support zone leading into a probable retest of Local S/R, Points to consider, - Bearish Price Action - Supply Zone Support - Local S/R Resistance - Oscillators Over-extended - Volume Declining GBPJPY’s immediate price action is considered bearish, any rallies are...
NZDUSD trading in uptrend line price based on HVN around 0.66300 price above SMA 100 MACD shows start of bullish momentum RSI in uptrend line above 50 price forming AB=CD pattern so its expect bullish movement to pattern target at 161.8% fibo and supply zone around 0.69000
We have been watching closely the AUD, which is respecting a bearish XABCD pattern. A bearish position was entered at 0.653 on the 29th at the rejection of the D point. Following price action we see the possibility for a wave formation at the 0.382 or 0.618 levels giving a good R/R scaling in opportunity. Targets are respectively the end of the short term wave ...