Christark

Christark

Going by previous records with equal measured movements.Gold maybe back at 1700s by march 2024.

Christark

Lately the GBPJPY has been in an uptrend channel therefore Should the DXY drop to 110, we are likely to see the GBPJPY going bullish and hitting the predicted take Profit @ 174.840. at resistance level last touched in 2013 or so. However one should not ignore the politics that are playing out in uk at the moment. lets see how this turn out in these coming days

Christark

The DXY looks sets to continue rising and is likely to hit TP @ 119.143 coz of the following reasons -Powell projects pain, higher rates for longer set to keep the dollar bid -There is no alternative to the US dollar -No recession for America's labor market, more dollar gains eyed -Fed Chair Powell prioritizes fighting inflation, and ready to see negative...

Christark

the bears have broken through the support level that was last touched on 1st march 2020. If there is no intervention i guess we are likely to see the GBPUSD breaking records and touching the support level last seen in 1984 at 1.05533 in the coming months. lets wait and see how it plays out

Christark

If the EURUSD completes the butterfly harmonic pattern at 0.97270, i predict that it will go bullish and hit the TP 1 at 1.07

Christark

Much as I may have posted a few minutes ago that the GBPUSD may be going bullish , this applies on a short term. However on a longterm basis, the GBPUSD is going bearish and is likely to hit 1.146000 in the coming weeks. a level seen in march 2020. lets wait and see how it will turn out in the longrun

Christark

Looking at the confluence of a falling wedge and the harmonic pattern in the chart, we can predict that GBPUSD will be going bullish to hit TP1 and TP2 respectively. I believe this can also be supported by DXY approaching some resistance level.

Christark

The DXY is likely to hit 107 in the coming hours or days basing on the simple technical analysis seen on the chart of trend analysis

Christark

Lately the GBPUSD has been respecting the falling wedge as far as technical analysis is concerned. Regarding the Fundamental analysis the DXY is still in a stronger position current at 106.8 in comparison with the cable. therefore i anticipate the GBPUSD going bearish in the coming days.

Christark

EURUSD is set to go bullish. looking at the chart, its been respecting the resistance and support for a few weeks recently. now it has just bounced off the support

Christark

The RBNZ has increased the interest rate to 2%.And the DXY is also coming coming down. combining this with the ABCD fib pattern and the downtrend price channel NZDUSD has been respecting for a while , i am led to believe that NZDUSD will be going bullish in the coming days

Christark

If EURUSD completes a deep crab Harmonic Pattern by reaching 1.00063 on the monthly timeframe chart, then in the coming weeks/months, it will be most likely hit the set targets. NB; this is subject to both fundamental and market sentiment bias that i have not factored in here. cheers!

Christark

Using Price action analysis , i feel USDZAR is likely to go short. Though this prediction may be biased by the strength of the Dollar come next week. Lets see how it plays out

Christark

Using trend analysis and Fibonacci retracement measurement in the 4hour time frame am predicting that NZDCHF will go bullish in the coming days. NB.I have not considered the fundamental analysis that may affect the outcome of this prediction

Christark

Following a confluence of a Cypher Harmonic Pattern ,and trend analysis..its upon this basis that am believing that the NZDUSD is likely to go bullish in the coming days and hit TP1 and TP2 respectively However one should be bear in mind the Fundamental factors that i havenot bothered to explore.

Christark

Using basic trend analysis, one can predict that USDCHF is likely to go bearish and hit TP1 and TP 2 respectively in coming days.

Christark

From the daily timefram, the GBPCHF seems to have formed a double bottom. should it break the neckline indicated on the chart above, GBPCHF will proceed to hit the predicted Take profit 1 and 2 in the coming days respectively. Caution ..only if it breaks the neckline should the trader enter the second trade.

Christark

EURUSD is at strong slanting support thats been around for one month. Using Fibonacci Retracement measurements , i predict the EURUSD will bounce off the Support and hit Take profits TP1 and TP 2 at levels 38.2 and 61.8 of the Fibonacci retracement measurements.Also the RSI seems to be favouring the bulls Lets await and see what will happen