Price has made a retest of the minor support level. With confirmation from my analysis, the price will move downwards. There are two levels to take profit(1 and 2) Stoploss will be placed above the retest of the support area
Price has gotten to the support zone, will there be a rebound from this level?? If you ask me, my analysis will be a rebound to the resistance level. the price movement will likely make a bounce from this level to the upside. I have my eye on this pair
From the daily chart, we can see price movement towards $12,000 Will, there be a rebound from this price area or will there be a breakthrough??? I think price will rebound from this level because Price has always made a rebound from the past when it gets to this point. The price might go further above $12000 but it will not go further than $12600 So we should be...
My target is at the support level. price has been ranging in this zone If you check the higher time frames(4hr and Daily), the price has been between these zones(resistance and support) Price movement will likely make a rebound to the resistance level when it gets to the support level(take-profit level). This currency pair is in my watchlist!!
We have a similar price on the EURUSD and GBPUSD. Price are both heading towards the support level. I believe there will be a strong rebound on the support level. There has been strength from the US Dollar because of the report of the NFP report. The NFP report was a positive result, this gave the dollar some strength. but the price has been ranging between the...
The Us dollar was very strong last week because of a positive NFP report but I think the US dollar will lose some strength when it gets to the support level. There will be a rebound in price at the support level. If there is a break below the support level, this shows great strength of the US dollar and the price will move more further to the downside. This is a...
I can see a divergence in the 1-hour chart, is this a hidden or a true divergence? Will this make the price fall back to the minor support level or will it continue its an uptrend and break the above resistance level? From the fundamental analysis, there has been a weakness in the US Dollar.
Will, there be a breakout above the resistance zone? I guess there are high chances of a breakout