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USDPLN

Short Analysis Explained on USD/PLN by ThinkingAntsOk4H CHART EXPLANATION: Price is trying to get inside the broken Daily Ascending Wedge, but now is facing the Daily Resistance Zone. We consider it may bounce here and get outside the wedge again. If that happen, then price has a strong bearish potential towards the multiple support zones. It would be necessary for the Ascending Trendline to be broken to confirm the downwards move. MULTI TIMEFRAME ANALYSIS: -Daily: -Weekly:
Short
by ThinkingAntsOk
Polonia a la baja!! // Poland goes down !!OANDA:USDPLN Resistencia fuerte donde suele rebotar el precio. Agosto 2018: el precio rebotó en la zona de resistencia. Octubre 2018: el precio rebotó en la zona de resistencia. Noviembre 2018: el precio rebotó en la zona de resistencia. Febrero 2019: el precio comienza el rebote en la zona de resistencia, se comienza a confirmar con velas rojas de venta. Strong resistance where the price usually bounces. August 2018: the price rebounded in the resistance zone. October 2018: the price rebounded in the resistance zone. November 2018: the price rebounded in the resistance zone. February 2019: the price starts the rebound in the resistance zone, it begins to confirm with red candles for sale.
Short
by waltercesarcoronel
USD/PLN gearing towards the SouthWhy I belief like this. Plan A As the EURO is getting ready to go North. The EURO is a leading indicator for the Zlotty. So fundamentally the USD/PLN has to go down. The Trendline which had acted as Support has been broken and is acting as resistance. Remember their are always 3 scenario's how a trendline can play out. The you see some rejection allready, for first target (I put a flag a a symbol, the first green barrier will stop price slightly. Plan B If none of this plays out, and EURO has gone south and became bearish, go long on PLN. As an extra the overnight cost "swap" are favourable for a long.
Short
by AccountantFX
USD/PLN 1H Chart: Bearish momentumThe US Dollar has been depreciating against the Polish Zloty since the currency pair reversed from the upper boundary of a long-term ascending channel at 3.8400. This movement has been bounded in a short-term descending channel. From a theoretical point of view, the general direction is expected to be south—the exchange rate should target the lower boundary of senior channel located at 3.6600. However, technical indicators suggest that a decline might not be immediate, and the currency pair could breach the junior channel north. Also, the rate could re-test the resistance level formed by the weekly PP at 3.7995.
by UnknownUnicorn890690