Monitor this pair and watch 0.89600 area. there is a great chance that it bounce back up to 0.89900 area. In 1H time frame, it made a nice double top and it continues Bearish move. However, Buyers will come to play around0.89600 as previously they have come. Obviously, that is my expectation. if at lower time frame, show the sign of Bullish move, then i will take...
"On Monthly: This pair, Since 2021 has been Bullish. That is due to Monetary policy of Japan that it seems recently it slowly changing. There are two Historical Resistant (160.00 and 155.400) that have been touch, but not broken since 1997. BOJ always interfere with market once the price get to that level. Last month on November, it hit 155.400 and got rejected...
"On Monthly: It continued Bearish move towards 0.58000 Psychological number that has been tested many times in the past. All three EMA 200, 50 and 20 (BGR) are Bearish. -- On Weekly: It seems it has made a Bi-Lateral flag after a major Bearish move since 2021. It confirms the Bearish move towards the 0.5800 and Trendline. --On Daily: It has made a Double Top...
"On Monthly: Like other USD pairs, this one is Bearish too. After a Bearish Engulfing in October, it made a Doji that looks more Bullish than Bearish in the month of November. It seems it got stock between 1.28600 and 1.24800 which is 380 Pips. It stopped at 1.27500. I t made a Doji this month so far. let's see what lower time frame shows. -- On Weekly: Past...
"On Monthly: For four months it was going sideway. It seems last month of November, made aa Doji after Bearish Engulfing candle. This could be a break from this sideway move to go down to 1.0900 Historical Support. All three EMA 200, 50 and 20 are Bearish. -- On Weekly: In the past 10 Weeks it was going sideway. It's not clear at this point to deny or confirm...
"On Monthly: It seems ZigZag bouncing between 1.1200 and 1.0500 Psychological Support & Resistant are getting over and moving down. If FED doesn't lower the interest rate this month, the Bearish move will continue through January due to Trump presidency and change in GOV. All three EMA, 200, 50 and 20 are nicely Bearish. It trying to break through 1.0500 and...
"On Monthly: Last month November, it made a Bearish Engulfing Candle and break through S. 0.83400. For December, it made a Doja so far and it seems there is a weak Bullish divergence compare to RSI. EMAs are split, 200 shows Bullish while 20 & 50 are Bearish. -- On Weekly: The Bearish move seems is strong and continues. All Three EMA, 200, 50 and 20 are...
"On Monthly: 200, 50 and 20 EMA are showing Bullish move as the overall move indicates. Price moving back down to test 1.47140 another Psychological Support , but it didn't reach and pulled back up. It seems it's moving up toward 1.52000 a psychological resistant. -- On Weekly: Two solid Bullish candle revered the bearish attempt and price is moving towards...
On Monthly: Overall is Bearish move towards 0.53400 lowest since 2020. It is moving towards 0.55900. EMA 200, 50 and 20 are all above price. -- On Weekly: EMA 200, 50 and 20 are above the price. It has broken Rising Wedge / Correction. Price was rejected at R. 0.57200and it's going towards 0.55900. --On Daily: A sort of Double Top is formed and touched 200...
"On Monthly: Overall is Bearish move towards 0.53400 lowest since 2020. After a Bearish Engulfing candle last month, it couldn't pull back up to 0.58500. Mostlikely, it will continue Bearish towards0.56300. EMA 200, 50 and 20 are all above price. -- On Weekly: EMA 200, 50 and 20 are above the price. It has created Rising Wedge / Correction. Price was rejected...
"On Monthly: 200, 50 and 20 EMA are showing Bullish move as the overall move indicates. However, 1.50700 and 1.5200 which is Psychological Resistant are holidng firm. Price moving back down to test 1.4800 another Psychological Support number that is playing Support now which has been respected in the past. Next Support is 1.47140 followed by past 52 Candle Low...
"On Monthly: Last month November, it makde a Bearish Engulfing Candle and break through S. 0.83400 & 0.82900 and it's going toward Monthly lower trendline and ultimately, to S. 0.81300 historical number. Eventhough EMA 200 is below the price, the 50 and 20 are chasing the price down. -- On Weekly: The Bearish move is strong and continues. All Three EMA, 200,...
"On Monthly: It seems ZigZag bouncing between 1.1200 and 1.0500 Psychological Support & Resistant are getting over and moving down. If FED doesn't lower the interest rate this month, the Bearish move will continue through January due to Trump presidency and change in GOV. All three EMA, 200, 50 and 20 are nicely Bearish. -- On Weekly: It broke through Daily...
"On Monthly: For four months it was going sideway. It seems last month of November, made aa Doji after Bearish Erngulfing candle. This could be a breake from this sideway move to go down to 1.0900 Historical Support. All three EMA 200, 50 and 20 are Bearish. -- On Weekly: In the past 10 Weeks it was going sideway. It's not clear at this point to deny or confirm...
"On Monthly: Like other USD pairs, this one is Bearish too. After a Bearish Engulfing in October, it made a Doji that looks more Bullish than Bearish in the month of November. It seems it got stock between 1.28600 and 1.24800 which is 380 Pips. It stopped at 1.27500. I suspect it will go back up to 1.28600 before heading back down to 1.24800 at last. -- On...
"On Monthly: It made a Hammer formation at the Psychological Support 0.58000 which is Bullish candle formation. It potentially can go up to 0.6000 which is another Psychological number / Rersistant ultimately. However, as all three EMA and other USD pairs show, the primary move is Bearish. -- On Weekly: It seems it has made a Bi-Lateral flag after a major...
"On Monthly: This pair, Since 2021 has beeb Bullish. That is due to Monetary policy of Japan that it seems recently it slowely changing. There are two Historical Rersistants (160.00 and 155.400) that have been touch, but not broken since 1997. BOJ always interfear with market once the price get to that level. Last month on November, it hit 155.400 and got...
On MOnthly, 200, 50 and 20 EMA are above the price and it seems it's going down to 1.248.00 and 52 Weeks Lowest at 1.2090 On Weekly, 200, 50 and 20 EMA are above the price and it made a solid Bullish candle last week. On Daily, it cut into the Bullish trend line. On 1H chart, it madea Divergence compare to RSI. Bears are in charge !!!