Broken resistance turn in to new support zone. Trend continuation.
Chart speaks for itself. Will the possible support, point E hold? or could it go lower? Just an idea..
It seems that this coin is breaking out to the upside, to the previous high.. Chart speaks for it self.
EUR/USD touched the channel support @ 1.1730 ~1.1720. The chart speaks for itself, possible continuation. *It is not an advice, but just an idea!*
Chart speaks for itself. It need to get back above ~1.1160 and above the trendline to confirm. Just an idea, not an advice!
Descending Triangle pattern. Short if it breaks 0.8300. Just an idea, not an advice!
EUR/AUD Tested the 1.3715 ~1.3700 support area. The pair is probably going to test the resistance of the falling wedge.
DXY moved lower today. It is possible that it will continue down towards 98.60 ~ 98.20 (support area). It also corresponds with the channel supportline and the 1.272 fib extension. It's just an idea..
The main trend was down for EUR/JPY however the trend line was broken in dec. '16. It has tested the 0.5 fib retracement level in te past days, it's likely that it will continue higher form here. First target is around the 1.272 fib. extension
Crude Oil (Brent) moved higher today. There is a possibility that in the next week the price will break trough the resistance of the symmetrical triangle. If it breaks it wil probably continue higher. First resistance area is around 60.20 ~ 62.30, that's also my first target.
EUR/USD Found support at the 0.618 fib level. If the pair breaks trough the resistance (previous support - blue box) it will probably continue up towards the 0.5~0.618 fib. level. If the pair reaches that level, we will probably see a little pulback before it will continue higher towards the 1.272 extension. First target still: 1.0730
The price has broke the resistance of the bullish flag pattern. The trend will probably continue. First target is 0.618. The 0.618 fib. extension is also in line with the resistancezone 505~510.
The pair found support just above the 1.06000 area (support zone: 1.06200~1.060500) First target is still : 1.0730 just above the 0.5 fib and below the 0.618 fib retracement.
Chart speaks for itself.. First target 1.0730
Chart speaks for itself. Long above 42.6 / 42.7 area and Short if it breaks the short term trendline. Just an idea! Comments are welcome!
H&S pattern... Chart speaks for itself. Just an idea! Comments are welcome!!
H&S pattern with a double top... Chart speaks for itself. Just an idea! Comments are welcome!!
The pair has broke two major resistance on the daily time frame, see the red circles. We could possible see a retrace towards the .5 / .618 fib level. That would be a nice place to go long. Time will tell. Just an idea! What’s your view? Please comment. www.facebook.com foreignexchangeinvestments.wordpress.com