UnknownUnicorn5944879

UnknownUnicorn5944879

The consolidation period has ended while the AUDCAD price breaks the resistance. It is possible that the price will reach next resistance at 0.94

UnknownUnicorn5944879

It seems that the GBPUSD eventually broke out of consolidation. It is expected to move until the next significant resistance 1.3270

UnknownUnicorn5944879

Retracement is possible for this pair. The JPY has been depreciating heavily since this morning. We expect the pair to return 61% of the total move and so back to the MA

UnknownUnicorn5944879

It is probable that a retracement will take place to get nearly 15 pips. The forecast is supported by the 14 period moving average which points the 61% of the move retracement level.

UnknownUnicorn5944879

Is USDCAD Finally Reversing? This pair has been quite troubling in regards to signaling reversals. Fortunately the Fibo tool works on the chart confirming our views. The Cos: The downward move took too long to be considered a shock, the reversal will take long too and unfortunately is subject to fundamentals.

UnknownUnicorn5944879

It seems that the US dollar has been gaining greatly against the JPY the last few days. looking back with a different timeframe it is obvious that the price has risen exponentially. That is why a reversal is more probable to happen. In any case, the Stop Loss can be placed near above the limit line, limiting losses while the TP is way further in pips from the...

UnknownUnicorn5944879

Seems that critical support has been breached. The market is quite volatile these days and the EUR looses against GBP for 3 days in a row breaking critical supports. Looking back at the previous prices, we get a picture of how powerful is the signal for Short.

UnknownUnicorn5944879

Retracement during the day? The GBPUSD moved on a slow day upwards. Time to come back?

UnknownUnicorn5944879

Triangle Formation and breakout. It is quite a short term formation so the completions is expected to be quick day-trading.

UnknownUnicorn5944879

USDCAD H$ Chart shows clearly the downward short term trend. If the 1.2595 is a strong support level then a retracement is more probable. It's Friday and the market is slow with no scheduled important reports or news. Let's see.

UnknownUnicorn5944879

Considering the volatile nature of the index and the uptrend for three days, its time for a retracement? It seems that the signal for reversal/retracement are obvious. However, there is a concern when looking at the past prices, resistance and support levels of previous days. These levels play an important psychological factor that governs decision making, so if...

UnknownUnicorn5944879

Triangle Breach, Short-term upwards. It looks like a legit case since gold was falling heavily the past days.

UnknownUnicorn5944879

Volatility creates periods forming Triangles. However one must be careful with technical analysis. The momentum of price move might not be the desirable after moving upwards. However, the indication will be more powerful if the price moves a little bit more upwards.

UnknownUnicorn5944879

Time for a comeback? The price fell rapidly after the break downwards. A retracement is possible.

UnknownUnicorn5944879

After consolidation, Tehnicals are as per depicted, support breached.

UnknownUnicorn5944879

It looks like a Triangle Formation possible breach while the price of crude oil is trying to break the support in this chart. Cash products CFD prices may vary from broker to broker. Breaking the support, suggests a drop of 3 dollars, until the indicated second support line. The volatility continues and since no major surprises in inventories I believe the...

UnknownUnicorn5944879

The Triangle formation was breached and gold is diving towards 1950 USD price level. The only worry is that is Friday, We might see some small retracement and since the price fell significantly already SL should be placed with caution due to the fact that the price might reverse a bit.

UnknownUnicorn5944879

Possible tracement. Strong sign after a long downward movement and week dollar.