AntsAnalysis

AntsAnalysis

DXY currently retesting previous area of resistance and using it as support. Will be interesting to see if buyers can take control and drive the market away from its current bearish market structure, giving us the evidence we need to start looking for buy positions

AntsAnalysis

- Allowing the market to open and settle before taking any moves. As you can see right on market open we formed a 1hour bullish engulfing. All this was seeming to do was creating a wick to the upside and a false breakout to push back down - We can now regard that area i have highlighted in green as a false breakout - We're back trading across our key level of...

AntsAnalysis

Last week we saw nice bullish movement from USDCHF creating the impulse away from a consolidating market Going into this week i will be awaiting a pullback for price to retest resistance as support forming a higher low

AntsAnalysis

- Monthly candle looking like its closing as a bearish engulfing, first one in a while. Higher timeframes are key - Break of daily uptrend - Head & Shoulders pattern break and retest of the neckline - Bearish flag formation Looking for sell positions once we break the support of the bearish flag

AntsAnalysis

- Rejection off resistance at around 1.33 price formed an evening star on the weekly - Daily we were uptrending and price was rejecting a key sensitive area in the market of 1.28 - Bearish engulfing on the 1hour chart we have now broken daily bullish market structure - We are currently making a corrective structure back towards support being used as resistance -...

AntsAnalysis

Price is currently sat at a significant daily resistance and has formed a rising wedge up to this level Will be looking for a break and retest pattern as shown Follow the weekly bearish engulfing i believe this week is just a corrective structure

AntsAnalysis

- We had a false breakout to the upside where price just broke straight back below - Yesterdays daily candle also closed as a bearish engulfing candle - We have broken out of the ascending trendline with strong 4hour candle closes - Price is already pulling back not only to previous support to use it as resistance but also the ascending trendline. Lets see how...

AntsAnalysis

Since rejecting a major resistance level of 0.74 we have been making constant bearish market structure forming lower lows and lower highs on the daily timeframe We have also formed a tilted Head&Shoulders pattern on the 4hour chart and finally broken through the neckline In this type of scenario we would wait for price to pullback and retest the neckline...

AntsAnalysis

- Bullish market structure broken and we have already began to form bearish market structure from the rejection of the daily downtrend, forming lower lows and lower highs - Support level in the market across 0.70500 broken with a strong 4hour bearish engulfing candle - Price currently using this previous support as resistance

AntsAnalysis

AUDJPY formed an ascending triangle and broke to the upside with a weekly bullish engulfing candle. However when price came back to retest previous resistance as support, buyers failed to step in and drive the market higher. To me, this was just a false breakout to the upside. Weekly candle starting 07/09/20 formed a huge wick rejection to the downside so this is...

AntsAnalysis

GBPUSD analysis going into next week Price recently rejected a major psychological resistance level of 1.34 with a weekly evening star candlestick formation. However price is still holding at a support level of 1.28 we must be patient in this type of market environment and let price tell us which way to trade. we must be reactive and not proactive. Trade what we...

AntsAnalysis

DXY seems to be breaking away from its bearish corrective structure. This could be the start of some longer time bullish movement. However on the weekly timeframe we are still showing clear signs of indecision. For extra confirmation i will be waiting for a strong bullish weekly candle away from all of the indecision. Tip - you dont need to be first into the market

AntsAnalysis

As for AUDUSD, my bias is no longer bullish. As price has now broken down through both its support and respected trendline. because of this, my bias has changed to bearish. price is currently in an impulsive phase so we will wait for a pullback/retracement back to sensitive zones before entering any sell positions. patience in this game.

AntsAnalysis

AUDJPY analysis- i am sell bias on this currency pair. At the moment we have an aggressive bearish Daily candle stick which is breaking a strongly respected uptrend and a current resistance zone. for the future i will be looking for a retracement back to this level before entering any short positions.

AntsAnalysis

Buy bias on this currency pair. price pushed up and is now retracing back towards its support. bearish counter trend towards this support has been broken and is now ranging. will only be entering long if price manages to break above this range, retest, and then show some sort of momentum shift to the upside. a trigger will be as always a bullish candle stick...

AntsAnalysis

Sell bias on this trade. after price showed a double top it then pushed down out of its range and all uptrends presented to us. on Friday price pushed below this zone so now we are waiting for a pullback to retest this zone. our entry will only be valid if bearish pressure after this pullback is shown. a trigger will be a momentum shift from a bearish candle stick pattern.

AntsAnalysis

Buy bias on this currency pair. price has retraced back to its previous resistance turned support. upwards trend on the daily has also been respected. the counter trend line on the 4 hour chart back to the support has been broken. is currently ranging on the 1 hour chart. my entry will only be confirmed once I see a break above this range and a retest followed buy...

AntsAnalysis

NDZUSD is moving very bullish at the moment. price has broken upwards and if it retraces to retests the area of support, and shows bullish momentum change at this area. then I will look to enter long