Hokusaifx
AUDUSD Analysis 1Sep2023Seeing the movement in the last few days, Audusd is likely to be correction with a bullish target in the SND area above. The price has not changed to the bullish trend as long as it hasn't risen more than the SND area. Although at this time the price has break Trendline bearish and forms 2x new high, but has not met the requirements indicating a positive price reversal
GBPUSD Analysis 1Sep2023From the perspective of the market structure analysis that occurs to this day, I still see GBPUSD in the bearish structure. Where after the last boss occurs, the price is still unable to bullish more than the highest peak. Valid analysis as long as prices do not rise more than invalid areas. If you see from the existing Fibo Retracement, the price has been retrace almost to the area of 0.236 or 76% discounted from the swing that occurs. There is a good prospect for the current short with a fairly small risk.
EURUSD Analysis 1Sep2023Eurusd's movement is in accordance with last week's analysis, where prices rise to the red line area. For now there is no strong indication that the price will continue the bullish trend. There is still a possibility that the price of continuing the trend down by making a Wave A-B-C-D-E pattern. Today there will also be news release, avoid speculating for today.
EURAUD Analysis 30Aug2023I use analysis on the H4 time frame with the help of the RSI indicator to see if there is a reversal in the near future. if you look at the RSI compared to the candles, you can see the possibility of a hidden divergence.
in cases like this, the possibility is that the price will return to bullishness in the near future. there is a possibility that the price will decrease before continuing its bullish movement
USDJPY Analysis 27Aug2023I analyze USDJPY using the D1 time frame so that we can know in general terms the trends that are occurring and the possibilities that could occur in the future.
If you look at the series of waves that have occurred, currently there is a correction in wave B with the price forming waves a-b-c-d-e and heading to the QM area. by adding the RSI indicator we can see that the price has entered the saturation area and there is a divergence on the RSI. one of the signs that in the future there will be a reversal.
EURJPY Analysis 27Aug2023EURJPY last week was seen at the start of bearish, it has not been proven that there is a big bearish trend, this bearish possibility is just a correction. you can take a chance with the boundaries of wave B in the QM area. use the right money management to trade in this pair.
EURUSD Analysis 27Aug2023last week's analysis responded positively by the market. the price dropped to the support area and is currently stuck there. if you look at the market pattern, there is a possibility of a simple correction a-b-c with the current price heading to wave c. if you pull the Fibo extension, then the price is right in the 0.786 Fibo area. there is a possibility that the price will move towards fibo 1 where in that area the price will usually reverse.
SILVER Analysis 20Aug2023if you look at the price movement last week, there is a possibility that a reversal will occur. I still use the Eliot Wave notation a few weeks ago with the assumption that the price will be bullish with the invalid area boundary below. if the area is violated then the elliot wave notation will change and the trend will probably be a complex correction wave.
GBPJPY Analysis 20Aug2023wave 3 ends at the fibo extension of 1.618 and currently the price is forming wave 5. which at the end of this weekends at the fibo extension of 0.382. if you see the trend movement that is happening, there is a possibility that there is still a continuance of the bullish trend towards the 0.618 fibo extension which also intersects with the 2.618 fibo extension
US OIL WTI Analysis 17Aug2023Prices move towards Fibo Extensions 1, which intersect with Fibo Extensions 1,618, and then there is currently a correction. If the Elliot notation is still appropriate, then the price should be there at this time, Wave 4. With there still being the potential for bullishness, you can find an area for Long in SND below.
AUDUSD Analysis 17Aug2023If you look at the current audusd analysis, the price may be at the saturation point of sale. The RSI looks divergent. If we draw Fibo, the price extension is in the Fibo area of 1,618. Indeed, there is a possibility that the price will continue to go down and remain bearish. If you want to do a long-term trade, you would be better off waiting for a reversal when there is a bullish candle engulfing.