Please refer to my previous Idea of 21st January 2024 Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week. Check the price movement...
Please refer to my previous Idea of 21st January 2024 Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week. The last daily candle formed...
Please refer to my previous Idea of 21st January 2024 Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week. My plan for this week is: 1....
Please refer to my previous Idea of 21st January 2024 Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week. Although majority of market...
Please refer to my previous Idea of 21st January 2024 Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week. My plan for this week is: 1....
Please refer to my previous Idea of 21st January 2024 Last week was a quite week. There were sideway movements in majority of the markets due to less of Red folder news which was concentrated during two days of last week (Wed&Thus). Therefore, I am expecting some movement this week. Therefore, my analysis still remains for this week. My plan for this week is: 1....
**Monthly Chart** the trend on the monthly chart is bullish. Although last month's candle closed as bearish. Next target is around 101 level which was the Manipulation candle of Dec 2014 followed by 105 level. **Weekly Chart** AUDJPY is moving into a sensitive area trying to break above 100 level after crossing over MC and equal highs on the weekly...
**Monthly Chart (Long Term Bullish Trend)** Although last month candle closed as a bearish candle. However, the long-term trend is still bullish as per the monthly chart. The next target is around 190 - 195 area. The pair might slow down near the monthly manipulation candle of Aug 2015. However, if it breaks and makes a new high then we will continue looking for...
**Monthly Chart (Long Term directional Bias is Bullish)** This month candle opened from a low and started moving higher after testing the equal monthly low (bear in mind that the monthly candle is still active). Suggesting that the intermediate trend is to continue trending higher. **Weekly Chart** Last week candle pushed aggressively higher as expected after...
**Monthly Chart** AUDUSD last month's candle closed bullish indicating a shift in an intermediate trend towards targeting the next high at 0.6900 - 0.7000 level. If this trend breaks then the next target will be around 0.72000. Currently, the monthly candle (which is still active) moving to the low of previous monthly candle which might be a strong level for the...
**Monthly Chart** Moving down to the monthly chart we can see that the index was in a range last year. However, the current momentum is lower. The price closed lower last month at 101.37 level. For the opening of this month's candle, the price started to move higher after bouncing from equal lows or strong monthly demand zone. I still believe that the price will...
**Monthly Chart (Directional Bias = Sideway)** After the relative double bottom of the year 2011, USDCAD's long-term trend is bullish. The long-term directional bias is moving into a large range between 1.46500 and 1.20220 levels from Jan 2016. Last month's candle closed bearish after moving lower from the monthly MC (Order Block) near the supply zone. This...
**Monthly Chart** AUDUSD last month's candle closed bullish indicating a shift in an intermediate trend towards targeting the next high at 0.6900 - 0.7000 level. If this trend breaks then the next target will be around 0.72000. **Weekly Chart** As per the weekly chart, the price shows that it is in a range. Therefore, I will be watching for a good opportunity...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it is closed in relation to the previous year's candle. US500 (S&P) 2023 closed bullish, however, it is within the range of the previous two candles 2022 & 2021. **Monthly Chart** The chart shows a clear long-term upward trend but the price didn’t break the high of Jan...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relation to the previous year's candle. US100 (NAS) 2023 opened near the low of the 2022 candle at 1.0673.60 and closed aggressively higher at 16812.30 after making a new historical high. The candle closed bullish and it shows the amount of liquidity in the...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relation to the previous year candle. Last year's candle closed bullish and higher than the previous year candle. After testing the low of year 2020 and found a bottom. **Monthly Chart** Although last month candle closed lower. The long-term trend is still...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relation to the previous year candle. 2023 yearly candle closed bullish after it bounced from the key level at 1.6000 (round number) in 2022. Last year we saw the price created a new high at around 1.8000 key level. **Monthly Chart** Last month's candle...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relations to the previous candle. Last year's candle closed bullish. The long-term trend is bullish, it also shows that the intermediate trend bounced in year 2022 from 1.0000 level which suggests a move higher for this year. At least to 1.25000 level and...