EURUSD is bearish on its 4H technical outlook (RSI = 33.975, MACD = -0.002, ADX = 38.295) as the 2 week Channel Down is on a bearish wave under the 4H MA50 and just over the 4H MA200. Technically this is already LL region but the bottom might take a while to form, as August 29th - Sep 3rd did, grinding inside a Rectangle. Testing the 1D MA50 inside a new Rectangle...
Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. I will begin WTI CrudeOil ZeroMarket Chart Analysis for August 14th . This is a 30-minute chart of crude oil. Based on the green parallel line support, This is a long position strategy. Please refer to the main sections indicated. If the...
USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiboancci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3367 (horizontal pullback support, 38.2% fibonacci retracment, 100% fibonacci extension). Stocahstic (89,5,3) is also...
DAX is approaching our first support at 11425 (horizontal pullback support, 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our first resistance at 12547 (horizontal swing high resistance, 50%, 61.8% Fibonacci retracement ). Stochastic (89,5,3) is also approaching support and seeing a bullish divergence and we...
These are the key levels to look out for on the DAX. Please refer to our 4 hr chart for a strategic view!