Hello traders, we want to check the EURJPY chart. The price is in an ascending channel and after breaking the specified resistance area, it has pulled back to this level again. We expect this level to maintain the upward trend of the price and the price will grow up to around 161.300. Good luck.
OGNUSDT exhibits a clear uptrend pattern with consistent higher highs (HHs) and higher lows (HLs). The price maintains respect for the uptrend trendline, with the Demand/Supply zone transitioning into a reliable support area. Our perspective suggests a substantial potential price increase for OGN, positioning it as one of our top coins for investment currently....
Hello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow up to the specified resistance level. Good luck.
SPX500USD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A Doji style candle has been posted from the base. The primary trend remains bullish. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. We look to buy dips....
Hello traders, we want to check the DXY chart. The price is moving in a descending channel and has pulled back to the indicated key level. If the price cannot break this level and this level plays the role of a resistance level, we expect the price to maintain its downward trend and the price will fall to around 100,700. Good luck.
Hello traders, we want to check the GBPAUD chart. The general trend of the price is downward, and after the price was able to break down the range area, it has bounced back to this area again. We expect the price to continue its downward trend and the price will fall to around 1.85600. Good luck.
Hello traders, we want to check the USDCAD chart. The overall price trend is bearish and the price has made a correction to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 1.31800. Good luck.
Hello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has pulled back to the specified support level after failing to break the resistance level. If the price cannot break this support level and stabilize itself above this level, we expect the price to grow again to the specified resistance level. Good luck.
US500 - Intraday Previous support level of 4700 broken. Short term bias has turned negative. We are trading at oversold extremes. We look for a temporary move lower. Preferred trade is to sell into rallies. - We look to Sell at 4700 (stop at 4729) Our profit targets will be 4645 and 4615 Resistance: 4750 / 4820 / 4920 Support: 4610 / 4500 / 4415 Risk...
AAVEUSDT has established a significantly vast demand zone adjacent to the $50 psychological level, consistently respected over four consecutive instances, emphasizing substantial buying pressure within this zone. Preceding the recent bounce, AAVE broke above a downtrend trendline, signaling readiness for further upside potential. Subsequent to a robust correction...
USDJPY - 24h expiry The medium term bias remains bearish. Trading within the Channel formation. The sequence for trading is lower lows and highs. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. We look to Sell at 143.25 (stop at 143.85) Our profit targets will be 141.75 and 141.35 Resistance: 143.25...
On the Monthly chart, this pair is currently retracing bearish inside a Bullish PB. On the Weekly, we can see that this pair is in a large bearish grind. We sent out a bearish analysis a few weeks back. If you didn't see it, be sure to take a look at it. Let's go further down in our analysis of this pair. On the Daily Chart, this pair has continued its bearish...
Helo students and traders. Here is a quick top down analysis on the EURUSD. By way of summary, we have come to the realisation that this pair is Bearish on the Monthly, Bearish on the Weekly, Bullish on the Daily and 4 hour, while holding a clear bearish perspective on the 1 hour time frame. Because we believe in trading the smaller timeframe in the direction of...
The EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4. Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were...
Hello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has reached a resistance level, and after failing to break this level, it is pulling back to the support level. We expect the price to maintain this level and the price to grow again to the specified resistance level. Good luck.
SUSHIUSDT recently marked a decisive break above a descending channel, signaling a significant shift in price dynamics. Preceding this breakout, the price consistently respected both a minor and a major demand zone, indicating robust bullish pressure within the market. Further reinforcing this bullish bias is the clear bounce observed from a simple uptrend...
On a daily timeframe, COMPUSDT has exhibited a discernible higher high and higher low pattern, signaling a notable trend structure. Following the completion of wave 3, quite an evident ABC corrective move unfolded, halting precisely at the double Fibonacci support level near $47. This critical support area has proven effective in arresting the downward...
FXSUSDT has recently demonstrated compelling bullish movements, showcasing a transformation of two previous supply zones into demand areas. This shift, coupled with the presence of a consistent higher highs and higher lows pattern, reaffirms the underlying bullish trend. Anticipating an over 80% surge in the coming weeks, today might mark the inception of the...