We are currently seeing strong bullish momentum on thee daily chart and we may see market reverse bearish if we see market break below structure marked on charts. We may also see price continue bullish if we see strong momentum above current resistance.
We may see a continuous bullish continuation in the AUSTRALIAN DOLLAR till the nearest level of resistance where we may either see markets continue bullish after breaking above or using that level as an area of resistance for a downward continuation. We are still in an uptrend overall on the daily hence a strong signal would be needed to take bearish trades.
Dxy seems to be trending with the overall daily chart rather than the hourly chart which seems to in an upward reversal. We are likely to see markets continue till at least 105.00 for a bearish exhaustion or we may see market break below to create a support at 105.400 for an upward rally. Let's keep an eye on the marked out points to see how markets react to...
USD/CAD has been in a downtrend for a month now and we are likely to see a continuation till psychological level 1.3200 an upward continuation is likely if we see a break above level X which is a very valid level of resistance and previous support.
Selling XAU/USD after a fake break above trendline to the upside. We are likely to see gold sell till about 1710.000 we may see price continue bullish from there or continue bearish after breaking below
XAU/USD ha tested major support on the monthly since March this year. We are currently seeing strong bullish momentum from support and a correction is likely to take place before we see price continue bullish till at least 1900 price level. We are likely to see resistance around the 1804 price level which may call for a change in direction or price correction...
This month has proved bearrish so far, considering price reaction below the 107.928 price level which served as previous resistance and support, we are likely to see a downtrend continuation if resistance persists below the 107 price region. Price may also rally up to the 110 psychological level which happens to be a good price to attract sellers.
Since the beginning of this month, we have seen a strong uptrend, currently seeing a break and retest of resistance, we can see a continuous upward rally if price creates a resistance on any of the marked out psychological levels.
We are likely to see a short bearish correction before an upward continuation if not we should see a break below the 31688 psychological level
After the impulsive break above the 0.65065 level of structure we are likely to see an upward continuation considering current momentum We are probably going to see a bullish continuation till the nearest psychological level 0.72000.
USD/CAD Is currently looking weak after distribution If we see a strong break below structure with chart pattern confirmation we may see a downtrend till at least 1.3200
AUD/USD In an attempt to reverse upward from downtrend saw a break below trendline which happened to be a downward continuation. Price is currently in an uptrend and I will be waiting to take trades only when I see a bullish confirmation above the current resistance level X.
We are currently in a bullish corrective phase on the dollar index and a break above 115.41 which happens to be a valid level of resistance. However, a break below 110.230 may indicate a change of market direction.
BTC has been bullish since November 2021 which has been a year now and is currently at a major level of support. If the market breaks above 25000.00, we are likely to see buyers in the market to drive price bullish till at least 35000.00 or higher.
We are currently seeing price at a major level of supply on the weekly and we are most likely to see a bullish market for the next couple of weeks.
usdcad is currently in a distribution phase with what looks like a head and shoulder formation A neat break below structure with price action confirmation will signal a downtrend
XAU/USD is currently in a downtrend, we saw a bullish correction which tested a major structural level, we are likely to continue downward till the nearest level of support X.
We saw AUDUSD in a range from 10th October till the 25th of October. After a break above the range, we saw an uptrend which was corrected yesterday. we are likely to see a break above the 0.65125 for a bullish rally till about 0.6800.