GbpJpy breakthrough 155.000 as mentioned from the previous Bullish flag, the rest is history.
Fall of the Greenback against the Swiss Franc. A long-term projection?
European Economy Recovery amid the PLAN-demic, will we be able to see the recovery of the Euro against the greenback? Long-Term Analysis.
Break of the weekly Bullish Flag Pattern and successfully retested the trendline @ 151.00 ish. Anticipating a Bullish Run ahead of UK fundamentals, be it economic indicators or vaccination progression in the country. If Bullish movements are seen, expect it to meet 155.00 and test that level before breaking higher towards 160.00
Price rebounding from the Weekly Trendline. Target 0.69500 (160 pips)
Will history of Gold repeats itself? Just like the year 2012. Back to 1451.00 2020 low ?
Bullish Flag Pattern, Break of 155.00 key level may indicate Bull Runs till 2022.
A break of a trendline and a retest of that trendline @ 1.17800-1.17900 ish, Price may be looking for liquidity to fill that Supply Zone @ 1.9900 and a push in FOMC this week may show the direction of the greenback. Moreover if MACD is being used, we may see a divergence in play on the H4 Timeframe. My outlook on EURUSD is BULLISH.
Head and Shoulder has been formed, a retest of the neckline and awaiting FOMC this week to show the direction of the greenback. My outlook on USDCHF is SHORT to fill up the Demand Zone @ 0.90900
This week is filled with High Impact News: 1) RBA Meeting Minutes 2) PBOC Interest Rate Decision 3) BOJ Monetary Policy Meeting Minutes 4) ECB Deposit Decision/ Interest Rate Decision 5) USD Initial Jobless Claims All factors play a huge impact on the volatility of the market, and hence expecting a big move on Gold via Technicals and Fundamentals. After a week of...
USDINDEX has finally test the resistance of 97.5, as we are now waiting for a breakout to the Supply Zone of the 127% Fibonacci Retracement. As the Fed Reserve has promised 2 rate hike for 2019, we shall see more of the up movement.
Price has recently rejected 149.00 area, creating a strong resistance. We can see the Trendline Breakout and price retesting the Trendline and retracing from 61.8% Fibonacci Retracement, Projection Long towards the 127% fibo where we can see the Supply Zone in Lower TImeframe .
REVERSAL GAP + REVERSAL CANDLESTICK PATTERNS forming the Double Bottom from the Bikini Bottom. Waiting for AUD news tomorrow on 13/09/2018 Click the Buy button on your AUDUSD pairs. Cheers guys!
As we can see clearly, Elliott wave is forming well on USDCAD. No Wonder we had so long of stalling till the T. As I have analysed back for the Monthly Outlook of USDCAD, We are looking for THE BIG SHORT ( just like the movie ) of the Dollar Looney. As I marked the X, being the lowest, Making 1 - 2 the First Wave 3 - 4 the Second Wave Lastly 5 the Peak, And we...
M Candle Formation has formed. As the week pass, we are looking forward to see the rise in CAD, This means, USDCAD will go downwards. Refer to CADCHF - correlation pairs
We are having the bounce of the Daily Support Break Resistance, Good news is we have a Engulfing Candle forming at SBR Level Plus a slope to show the compression of taking the liquidity of the Daily SBR. We have the First W leg formed on the Left. We are now expecting for price to form the 2nd Leg of the Big W. To show signs of Reversal. As of now we will take...