Official_Piyath

Official_Piyath

Looking at a longer term result for EUR/GBP, we can see that the market on the weekly chart has started to form a symmetrical triangle pattern which could mean the market breaks the trend line and moves to the Bullish or Bearish direction. But what we can get from this is, looking at the weekly time frame which I analysed last week which you guys can check out, we...

Official_Piyath Updated 

After analysing GBP/USD on the daily chart, I can see that it has the potential to bounce off the trend line and move in the bullish direction as the market had already touched the trend line at this point 3 times previously and this point has a high probability of pursuing the same movement. Once this has created a bullish candle, I would be looking to go long up...

Official_Piyath

from my analysis I can see that EUR/GBP may bounce off the top trend line and move towards the bearish direction and potentially bounce off the bottom trend line. If this move does take place, we might be able to catch a 400-500 pip drop and would be looking to enter when a bearish candle has formed after the bounce off the trend line.

Official_Piyath Updated 

As you can see by my analysis I have detected a double top form on the Daily chart on GBP/AUD. There is an indication of momentum decrease as the uptrend failed to create a new high. I have chosen to SELL once the market crosses the 200 EMA as it shows that there is a continuation to the downside. In addition, the pattern had created a hanging man showing us...

Official_Piyath Updated 

After I have analysed the market in various time frames, I have found out that Gold has been testing a specific level for some time, but could never believe to pass it. At this point the market on the weekly chart has started to form higher highs since 2016, forming a pattern know as a ascending triangle. These 2 patterns combined could mean a potential impulsive...

Official_Piyath Updated 

After analysing CAD/JPY on the 1 Hour,I can see a downtrend trend line that has successfully been respected with 3 touches. I have also used Fibonacci to Find is it currently at any key level and it is at the 0.236 level. I am looking to go LONG once this level has been crossed and have a target to the 0.382 level on the Fibonacci, specifically the 80.563 level.

Official_Piyath Updated 

I have detected a potential SELL trade on EUR/NZD 1 hour chart. The market has crossed over the 200 EMA and has now created a lower lows and lower highs. In addition I had used Fibonacci Retracement, and have detected a break through the key level and a potential target towards the 1.618 level on the Fibonacci, or the 1.69854 level so if going SHORT , set a...

Official_Piyath Updated 

I have detected through my analysis a SELL opportunity on the 15 minute chart for NZD/CAD. I have chosen to sell here as the market has been bouncing of the trend lines and could potentially fall to the bottom trend line. Furthermore, you can see that the market is going through a lot of consolidation in that region and therefore a SHORT would be appropriate....

Official_Piyath Updated 

Through my analysis I have detected a small Head & Shoulders Pattern on the USD/CAD 1 Hour chart. This could signal a potential trend reversal as there was also a Downtrend Rising Wedge involved, and it has already been broken. I am looking to go SHORT on the asset once the 200 EMA has been crossed, then I know that there is a possible continuation to the...