After I analyze again, just ignore the previous EURUSD analysis for correction and go back down. I checked again on the daily time frame, it turns out that the price has touched 1.19804 at the 50% Fibonacci Retracement ratio, and I can be sure that EURUSD will rise further. Note: This is just an idea from me, please compare it with your own analysis before...
I was wrong beforehand, it turns out that after being noticed on the H4 time frame, as there has been a contraction and expansion phase, it's just a matter of waiting for gold to rise higher. What do you think?. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
AUDUSD H4 sideways shocks. After falling back from the high of 0.7820 on January 6, the AUDUSD rebounded after reaching low 0.7563 yesterday (February 3). The current price is still above the 0.7600 integer. Since the mid-term ascending channel (dotted line) has been broken, and the MA60 is about to “death cross” the MA200, the chance of rising in the short and...
Gold (XAUUSD) The Long-term trend is up After breaking the orange (dotted line) channel at the opening of the first market day of the beginning of the year, the gold daily chart fell sharply on the same day when the US Non-farm Payrolls data was announced on the 1/8th, falling back to the orange dotted channel, but still on the long-term upward track (Gray dotted...
Bitcoin will be rise again in future. (BTCUSD) Bitcoin is currently fluctuating in the triangle convergence pattern. It may continue to fall in the future and seek strong support from below before it has the opportunity to rise again.
USDJPY is still in the long-term downtrend channel. As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception. On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue...
Hello Traders, We are seeing an ascending channel formed on the uptrend. I believe we will see a Head & Shoulders pattern formed within this channel for a small pullback before breaking the channel to go up. We are currently in price discovery and I'm not seeing any reason for a slow down. This is always fun, bc if you buy right you can just trail your SL or TTP...
BTCUSD Analysis in Xmas. ● 20-30% - FED increasing currency liquidity powerfully. (Covid-19) ● 60-70% - Normal condition. (fall back and rise) ● <5-10% - Very Bad news about Crypto.(BTCUSD)
Gold (XAUUSD) Strategy this week. (X'mas Dec.22-25) FOREXCOM:XAUUSD
Price of midcap altcoins will go down, because of breakout from big triangle.
Weekly resistance at 11716 and we have weekly support at 10253. A close below or above would be significant. Plan, patience, execute!
KRIUF.OTC PINK, KEG-UN.TO Keg Royalties Income Fund Gap is the game Change on this stock Keep this one on your watch list
This pair has just hit its mid/long-term downtrendline once again. So in the medium term I see a gain of 8000 pips going down. I am short !!
Today I'd like to share my GBPUSD trade idea with you. We're seeing Dollar weakness as at end of July. I expect GBPUSD to continue it's rally to in and around the 1.30000 psychological level. I also expect price to react quite strongly at this level, to push to the downside. Potential downside targets can be in and around the 1.24500 level (550 Pips). Some...
My analysis for today is essentially the same as yesterday and really the entire week. The price has been consistently setting lower highs which screams bearish to me. The arrows I've left on the chart are from yesterday's analysis. I figured the price would either immediately drop or rally up to 9.4k and bounce off the resistance and fall down 9.3k. My timing was...
Bears will always believe they have the upper hand untill 20k breaks. Well, we ain't there yet and there are some big resistances to break before we will get there. First one being 10k of course! And what do we know about a horizontal trendline that has been tested week after week, day after day again and again? (Please think about the oh so strong 6k horizontal...
WTI crude oil prices rose significantly with a very modest rally in the last few sessions!! on D chart, we can see that the price seems to form an inverse pattern of head and shoulders (Unusual) suggesting a possible continuation of the signal with a positive trend. however, the move may be corrective because the price may form a continuation pattern or...