Price broke out of a bullish channel (blue lines). We wait for a retracement to the dark blue zone and the yellow 4H trendline. In combination with bullish rejection candles, we can assume that the price falls far to the next zone (1.14).
The AUDUSD is currently in an upward trend. You can see this on the 2 black trend lines. These created an ascending triangle, which is very useful for our analysis. Several zones have been signed in the chart. As you can see, 4H resistance zones have been drawn. These zones can have a major impact on the price. The 1H zones are support zones that are currently...
The USDCAD has made a big downward movement in the last days. This allows us to establish that a new trend has arisen. I expect this trend to last for a longer time. As you can see, a trend line (black) has been drawn. This trend line has been hit once. So this is the moment when the trend line can be confirmed or can be canceled. Different zones have also been...
The price of the GBPUSD is currently close to a resistance zone. This zone has been tested several times in the past. As you can see, I have drawn several zones. These zones have been tested several times, with the exception of the green major support zone. This is a point that has not been exceeded. When the price reaches this zone, a reversal will most likely...
The EURUSD is in an upward channel at the moment. This channel (black trend lines) took shape in the month of November and the price is still in this channel zone. As you can see, several zones have been drawn. These will be described below. - Target zone (green): This is the zone we want to reach to maximize our profits. This is a 4H timeframe zone. - Cur....
Price of the USDCAD has been on an upward trend since October 1st. We have been able to use a nice clear trend line (black) that shows a good upward trend. This was only broken once, after which it was immediately corrected. Currently the price is in a Support/Resistance zone (orange). This zone is respected in: - November 2016 - December 2016 - March 2017 The...
chart analysis: Price of the GBPJPY is currently in a downward trend movement. I expect this will change in the longer term period. 3 different zones have been drawn: - The green zone (Target zone) is the price forecast for our profit. - The orange zone (S/R zone) was a zone that had not yet been breached. The price has passed the zone at the...
Situation Currently, the price of the GBPUSD is in a downward trend. the price has gone through a large daily support zone. This zone has been bearish tested between 12 and 14 December. We can now determine that this has become a large resistance zone (red). Price is in S/R zone 1 (orange) at the moment. this zone ends at point 1.26000. This is currently...
The price of the XAUUSD has skyrocketed by the bullish market. Due to this uptrend, the trend lines of the triangle have been broken. From this we can say that a new trend is under way. After zone 1240 has passed, a temporary pullback is created. when this pullback ends there will be a new upward movement. I think that this upward trend will have a minimal...
the USDJPY has made an upward movement in the longer term. This trend started on 26 May 2018 and the price has risen rapidly thereafter. The trend line (blue) was respected several times during this uptrend. Personally, I think that this uptrend will stop in the long term and make way for a downtrend. The price does not make new higher heights anymore and this...
The EURUSD is currently in a symmetrical triangle (blue trendlines). I believe this will break in a short term. I expect that it will make an upward movement. As you can see, the Elliot wave has been applied. Here you can find point E in the lower part of the triangle. If the elliot analysis is correct, the triangle will break in the next movement. I expect an...
Price is currently in a supply zone. this zone is seen as support for the market price. The black trendlines create a daily (D) ascending triangle. The blue trendlines indicate the direction of the new downtrend that started on November 28. I expect the price in the supply zone to rise. This will be the retracement that reaches the blue trendline. when the...
Like you can see, the market is in the supply zone at the moment. This will rise the market price. I can't tell you what the maximum retracement point will be. After the retracement I expect the market to fall. This is because it has left the first triangle short. therefore I do not expect that this will come back to this level. It is therefore waiting for the...