SELL 1.1990 1.1950 1.1900 TP 1.1800 1.1750 1.1600 BUY 1.1650 1.1600 1.1550 TP 1.1750 1.1800 1.1900 1.2000
ROKU The company operates the #1 TV broadcasting platform in the US by hour The share price has continued to rise since March 11, 2020, after the decline that occurred in the Nasdaq Stock Exchange due to the impact of the Covid-19 epidemic, achieving good gains, reaching the level of 485.57, at which investors began to reap some gains from previous purchases,...
AMD The positivity is still hovering around the stock after it failed to break the support level at 73.80, which gave more hope to buyers to stick to the stock to achieve greater gains. Technical signals that support purchases 1- It failed to break the support level and bounce back with positive momentum 2- After the first ascending wave, the stock entered a...
Euro / Japanese Yen Negative head and shoulders pattern on the 4-hours chart that supports the downside Target level 131.65 Stop Loss Closed 4-hour candle above 133.90 Other technical signals that support relegation 1- The price has a weekly supply area that may return prices to levels of 127, even as a correction for the bullish rally 2- The completion of the...
A compilation of Wyckoff channels after the price entered a side channel..
Price aggregation within a negative triangle pattern Target level 120.70
Australian dollar / Canadian dollar Technical analysis is positive on several frames: 1- The daily FRAME: The pair is currently at a strong demand area between the level of 0.9250 and the level of 0.9300, and it represents a good support area as well, which has pushed the price to large levels, so on a daily basis we target the purchase of the target 0.9750 2- 4...
USD / CHF The dollar against the Swiss franc is still receiving a very large selling momentum, which brought the price back to 0.9000 levels Now we notice that the price broke the rising Demark trend a while ago, and also the break was with a high momentum candle that may not provide an opportunity to re-test the trend. Therefore, we will target sales directly,...
Euro / Japanese Yen The pair formed a technical pattern in the upside (the flag pattern), and it is a continuation pattern that supports the rise, which gives more positivity to the Japanese yen Possible to enter the trade directly or wait for a 4-hour candle close above 131.80 to confirm Objectives @ 132.34 @ 133.23 @ 134.36
Australian dollar / US dollar The pair entered a sideways rally inside an upside channel, after breaching an inverted head and shoulders pattern, forming a side channel between the resistance level at 0.7800 and the support level at 0.7700 in more than three touches of these levels, which had pushed the price once down and once up. The pair is currently inside...
EUR / USD Technical analysis of the husband on the daily frame .... The overview is selling. Technical signals .... 1- The completion of the corrective wave B and the possibility of the price falling to reach the C wave at 1.1500. 2- Divergence is negative on the RSI, which supports the downside as well. 3- The right shoulder completes the head and shoulders...
EUR / AUD daily A break of 1.5700 might be a real breakout next week, after higher lows within a sideways rally. 1.6100 Target Level (Cross Channel Technical Target)
Bitcoin / USD Short term deal The trend is down, and we now notice a consolidation of the price inside a pattern that is often the continuation of the descending triangle, between the resistance level at 57600 and the support level at 53000. In the event that the level of 53000 is broken and remaining below it, we will target...
A descending triangle pattern on the watch frame may push the price down
Technical signals 1- The double bottom pattern is at 1.3680 2- The breakout candle was of high momentum, confirming the bulls' dominance by breaching the 1.3900 level (shown in blue) 3- The re-test candle that the bears tried to control, but the bulls quickly regained control (outlined in red) Target 1.4100 1.4200
Is it time to change direction? The overall trend is positive since 16 March 2020 A negative head and shoulders pattern on the daily frame could push the price further down. The last candle was negative and showed just how strong the bears are in dominating the market. Objectives... 84.00 The technical objective of the model The final goal is to touch the...
Is it time to change direction? The overall trend is positive since 16 March 2020 A negative head and shoulders pattern on the daily frame could push the price further down. The last candle was negative and showed just how strong the bears are in dominating the market. Objectives... 84.00 The technical objective of the model The final goal is to touch the...
Update to previous analysis Tesla Corporation stock Technical signals 1- A breakout of the positive triangle pattern 2- The daily breakout candle was of high momentum 3- A re-test and a positive candle supports the rise and shows the control of the buyers in today's session Objectives 793 881