AUDJPY update, price has passed a dynamic level of support and resistance. Price passed the support last night, therefore indicating that price will be bearish. The next confirmation is that it is below the EMA 50 as well, price at the moment is going to make more lower low till it touches the Daily trend line before it starts going up again. Let us see what...
CHFJPY have touched the support and bouncing back up. Following the Daily trend upwards. The support level is at a dynamic level where it has been a resistance before. Where price at as of now, is an area of many confluences. Therefore, I am taking a long on this.
I am seeing a bullish move as the price has touched the support zone which you can see at the 4H trend line. Price will be moving upwards most likely to create a higher high for the Daily timeframe. My confluences are the trend line at 4H and the support level zone where price have been rejected. I decided to take a long on this.
Looking at the CADCHF pair, price has been following the trend line (going upwards at 4H chart). Looking at the 1H chart, the price has been staying at the SUPPORT. The price has been having some difficulties to break the SUPPORT level. Therefore there is a probability that the price will be going bullish. Disclaimer: These are only an idea or a point of view of...
Looking at CHFJPY pair, there is a bearish engulfment going on. Price has hit Key Level and price is resisted indicating there is a probability that price will go bearish. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible...
Looking at the CADCHF pair, the price have hit the weekly high again, price is rejecting currently. Therefore looking at the Key Level, the price will be going downwards. Price have been rejected at this key level for the past couple of weeks. Next move: You may either wait for the candlestick to have a bearish engulfment or you can go short straight away if you...
Looking at the pait of CADJPY, the current price is at a Higher High and also hitting at a key level. From analysis, the price will go downwards to make another Higher Low before continue going upwards. Next move: Going bearish.
Looking at the NZDUSD pair, the trend is going upwards at 4H chart. Using the Fib tool, the price has hit the 50% level and is making bullish price action. Next move: Going long(BUY) according to analysis.
Currently looking at AUDCAD pair. The weekly range is to BUY LOW, SELL HIGH. Now that is is currently at low, we are looking for longs(BUY). Next move: I will be going long towards the next high. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I...
I am still new to this but I am still learning. I am just sharing of what I feel through the analysis that I did while the market was closed on the weekends. We are looking at the AUDCAD pair. Currently this pair is in down ward trend. The price is currently hitting the monthly high key level. I have plotted the trend line accordingly from Lower Highs to Lower...
We are looking at the NZDUSD pair. Currently this pair is in down ward trend. The price is currently hitting the monthly high key level. Therefore, I believe the price will actually go down wards. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I...
We are looking at the CADJPY pair. Currently this pair is in down ward trend. AS you can see there is the Lower Highs (LH) and Lower Lows (LL). At the moment it is at Lower High. I am looking at it that it will be making another Lower Low (LL). Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis...
We are looking at the EURUSD pair. We can see a trend line going upwards. As usual, the movement in a trend line is Higher Highs (HH) and Higher Lows (HL). At the moment you can see from the chart that I have shared, it is at HH. Therefore, It will be making a Higher Low here after. The two lines that I have plots (Yellow Dotted) are both 2 different Take Profits...
We are looking at the AUDCAD pair. As you can see here, I have used the Fib Retracement tool to measure the retracement of the movement. From the 1 Day chart, the price have moved and touched the 61.8% on the retracement. Telling us that the movement will likely to go upwards. Another confirmation that I would take is that it has hit the Weekly Key Level Low. To...
We are currently looking at USDCHF. At the moment as you can see the trend is going down wards. With the pairs making its Lower Highs (LH) and Lower Lows (LL), this shows the movement of the market downtrend. Meanwhile as we can see that the price is currently at the WEEKLY LOW point. What could happen is that it will bounce up from the WEEKLY LOW for a bit ...
What we are looking right now below is the 4H chart. Reason for me to show this is because I feel that the pair is currently respecting the trend line. If the pair continues to respect the trend line, the pair will not go above the trend line (diagonal red line). Next Move: Will be observing for the next candle stick. If the next candle stick goes bearish,...
We are looking at the EURCAD pair. As you can see here, it is currently doing Higher Highs (HH) and Higher Lows (HL). From the analysis, looking at the trend line, it seems to be going upward trend. Therefore this pair will be making another Higher Low (HL) before continue it's flow upwards. Currently looking at the candle stick at 1H chart and candle is showing a...
I am still new to this but I am still learning. I am just sharing of what I feel through the analysis that I did while the market was closed on the weekends. This is the EURUSD pair. From what I have analysed, this is what I feel the market would do. At the moment, the market is an uptrend. But beofe going long, I think the best idea is tp wait for the bearish...