AnalytixEdgeByQasim

AnalytixEdgeByQasim

The Nikkei 225 index has demonstrated a sustained bullish trend over an extended period. However, recent developments indicate a notable divergence and the emergence of a bearish Gartley pattern, suggesting a potential shift towards a downward trajectory. Market analysis indicates that bears could exert control following the completion of the pattern at the...

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The USD/CHF pair has been in a bullish trend, marked by higher highs and higher lows. Recently, a bearish divergence on the last two higher highs indicates weakening bullish momentum. A break below the previous higher low of 0.89132 would confirm a bearish reversal, providing a strategic selling opportunity.

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AUDNZD is currently trading within a range, exhibiting a pattern of continuous higher lows, indicating a potential buildup for bullish momentum. However, a significant downward move below this range could signal a continuation of the previous downtrend, which might be mitigated by a major daily support level. It is advisable to wait and observe the price action,...

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USOIL is currently in a bullish trend with higher highs and higher lows. However, a bearish divergence has emerged, suggesting a potential pause in the uptrend. Additionally, a Head and Shoulders pattern is forming. If the price breaks below the neckline of this pattern, it could indicate a shift to bearish control, presenting a selling opportunity at 77.203.

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AUDCHF is in bullish trend. A cup and handle formation is a testimony for its bullish continuation. Hopefully previous bearish divergence has been diluted.

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NZDCAD is forming bearish divergence and a rising wedge pattern. No bullish continuation pattern observed. Price may fall after breaking previous HL which could be your entry point.

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XPDUSD has completed bullish deep crab pattern and potential bullish reversal is expected. Price has also formed bullish divergence at potential reversal zone. We can buy at the break of the previous LH

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he SPX500 has undergone a consolidation phase after a bullish trend, displaying choppy price movements. Notable patterns emerged, including a triple top formation with bearish divergence followed by an ascending triangle, indicating a potential continuation of the uptrend. Amidst cautious trading sentiments, a failed breakout from the triangle pattern hinted at a...

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GBPCAD is currently moving up making HH and HL. Sign of retracement are observed with no divergence. Price can move up to a defined projection giving a good opportunity to buy on breaking highs.

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The GBPUSD is currently in a bullish trend, characterized by higher highs and higher lows. However, the price action has developed a bearish divergence alongside a rising wedge pattern, indicating a potential bearish reversal. A critical level to watch is 1.26864, the previous higher low; a break below this point would signal bearish control, with an expected...

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"NZDUSD currently exhibits a bullish trend, although bearish divergence and a potential bearish double top formation suggest caution. The presence of a bullish flag pattern amidst sideways price movement indicates uncertainty. With price currently consolidating, a breakout above 0.61406 would favor bulls, while a break below 0.60956 would favor bears. Await...

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Since May 14, 2024, the EUR/GBP pair has been in a downtrend, but recent technical indicators suggest a potential reversal. The price has formed a bullish divergence at a key support level on the daily trendline, accompanied by a double bottom pattern and the completion of an ABCD harmonic pattern with divergence at point D. This confluence of bullish...

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EURUSD has almost completed its AB=CD pattern. After formation of divergence a possible down move is expected.

AnalytixEdgeByQasim Updated 

NZDCAD has completed its bullish pattern, however, no divergence has been observed to indicate price reversal. Having said that, there is a buy opportunity at the break of previous lower high as some bullish movement is expected.

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Gold has retraced from its max value of 2431.590. Currently it is at key trendline level on daily. But we see no signs of bearish trend slowing down. Hence, price may fall further. Bearish continuation pattern has been formed and on break of its pole end, price will continue bearish, which gives us a good opportunity to sell.

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EURUSD is currently reaching its PRZ. It is also following its trendline. A bearish divergence at PRZ is a good setup to sell.

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EURCAD has completed its Bearish Gartley pattern and has formed divergence as well. Hence, because of multiple confluences, there is a bright chance that price will move down.

AnalytixEdgeByQasim

- Price making HH's -Rsi making LH's -Volume making LH's - Price is about to turn around for bearish move anytime.