Tim298

Tim298

Over the past few weeks, we have been observing huge volatile market with various currency pairs due to the spread of the virus. Times like this, volatility gives price to reach long term movement much faster, Looking at the USDCHF price as been trending downwards up until last week, an huge reversal occurred to the upside at the 0.918 support level. I expect...

Tim298

Price reversed sharply sometime last week from a weekly historical support which as held strongly for some number of years now, Bullish momentum is going pretty well for USDJPY but i expect this bullish momentum to slow down as price approaches the next resistance ahead which is at 112. This zone as been holding nicely since April 2019, Could it hold this time...

Tim298

Last Week, Eurusd broke out of the channel that as been developing for weeks. Price shot up to a new highs, then bulls started loosing momentum after hitting the resistance above the channel, now we may see more bearish moves in the coming weeks as Eurusd is on a long term bearish trend. I expect price to reach the T.P zone(1.06300) sooner or later, Time would...

Tim298

Early hours of sunday,we see ga created a huge spike to the upside which reversed sharply and created a nice opportunity for a short. At the moment, ga is on a pullback phase which is currently holding the resistance zone at 1.9 level( now support, as price broke it and retested). I expect ga to go higher from here, towards 2.04 level but we would see what price...

Tim298

GBPAUD is looking bearish as buyers are losing hold from the 61.8% fibonacci level, Hopefully bearish sentiment continues with this momentum and drive price downwards towards 1.9300 level(TP level). This would certainly be a move for next week. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully...

Tim298

GBPUSD is looking bullish as buyers are strongly holding the demand zone level 1.28750, Hopefully bullish sentiment continues with this momentum and drive price upwards towards 1.29750(TP level). Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in...

Tim298

GBPAUD is looking bullish as buyers are strongly holding the 61.8% fibonacci level, Hopefully bullish sentiment continues with this momentum and drive price upwards towards 1.95900 level(TP level). Price could find its way back to 1.97500 in coming days maybe. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should...

Tim298

Bears stepping into GBPJPY as it approcahes the 50% fibonacci level, Hopefully sells sentiment continue with this bearish momentum and take price down towards. 141.500 in london session. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light...

Tim298

NZDUSD as been on a longterm uptrend, last week we noticed a pullback to the downside but price has started to move its way slowly back up. Price could potentially return to the 0.67558 resistance level and retest ! Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is...

Tim298

The active trend for Eurusd is bullish till around 1.11994 where we see a strong resistance zone ahead ! If price breaks above, we could be headed towards 1.12360 level . Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light of your financial...

Tim298

For the past few days, Gbpaud has been pretty bullish forming higher highs and higher lows, An exhaustion of the bullish strength in price can be noticed as sellers take over ! The downtrend should continue for a while before some bullish momentum comes in later days ! Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You...

Tim298

We have seen price reverse last week from the lows of 0.88960 support zone, A bullish market should continue till 0.91160 zone as sellers could start opening their short positions to hold the structural level. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is...

Tim298

We have seen price reverse last week from the highs of 1.6295 zone, Price is at a major zone at the moment (1.61011) but a bearish market should continue till 1.59687 zone as buyers could start opening their long positions. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether...

Tim298

AUDCAD is approaching an important structural level(resistance zone), It would be an interesting zone to look out for and watch price bounce to the downside, with the holidays coming up and all, This could happen 2020.

Tim298

EurAud as been on a longterm downtrend the whole week, Finally a critical support level as been found just at the 1.61114 level, Looking at the this level a bounce in price upwards should be expected as buyers step into the market opening their positions, next trading week looks really bullish for EURAUD !

Tim298

The hammer candlestick can be noticed on the daily timeframe already at a critical support zone ! A bounce to the upside should be expected !

Tim298

Nzdusd as been on an uptrend for days, a fall in price should be expected at the highlighted zone above!

Tim298

Expect current price to bounce up soon at highlighted zone below !