Sandr
GBPUSD : Scenarios and LevelsLevels calculate by help of Ichimoku, Standard Pivot, Order_block, Sentiment Analyses and also S&R.
Sufficient accumulation of reasons indicates the possible existence of a reaction zone.
Generally sentiment is Neutral! but new sellers joined recently! 1.2860 is where most bulls entered the market and they may exit in no profit and no loss in their entry point. it is also a weekly pivot point and and order-block you may wonder if you hear it's an ichi level too! Strong enough!
1.26651 is an ichi level!
there is an ascending channel in the chart so take a little smaller risk for short positions.
1.2600 is around weekly pivot level and 1.2600 is a mitigated OB+.
our TP will be around 1.2650
EURAUD STILL TO CONTINUE ITS BEARISH MOVEOn the daily timeframe price have seemed to show that EURAUD is on a bearish move, and on this 4h timeframe, we can note that price just broke a strong support zone and I expect price to make a retracement to the resistance zone for a sell to 1.52550 zone.
This is what I expect on this pair.
Please do share and give a follow if you agree to the setup.
EURUSD Short10 and 20EMA cross confirming change of trend.
Doji followed by a bearish engulfing candle off the S&R.
MACD fast line below the slow line confirming bearish momentum.
I got in to this one before stochastic was oversold.
Going to follow price down with a SL just aove each recent swing high / low.
Got any ideas?
Let me know.
Dax daily: 02 Jul 2019 The resistance zone at 12 601 we mentioned yesterday turned out to function perfectly. After retesting the 12 601 level, Dax went sloping down. The weekend gap has been filled from it's third only and today the price opens without a gap.
Important zones
Resistance: NIL
Support: 12 385, 12 428, 12 508
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
There are quite a few support zones today, yet no resistance. The magnet on the lower prices is still 12 385. On the way down, buyers could enter around 12 428 and 12 385. The support zone at 12 508 could function as a bumper to head for further higher levels. At 12 428, we might see a correction, whereas the 12 385 level might function as a reversal signal. Thanks to a good distance towards 12 385, this hypothesis can be a multiple-day plan.