GBP/USD trims gains on 1.2900 after touching Friday’s top of 1.2954, current price still hovering around median line still looking for direction. Technically, price on the uptrend channel and targeting to move towards upper line major resistance and significance price still above median line.
Technically, price above median line after made sharp reversal on major support lower line targeting price to move towards upper line major resistance level completing its cycle. We are also looking at US Dollar weakness to boost Euro higher, a price break above upper line resistance level could bring this pair back towards previous highest 1.19000
Technically, gold price struggling to move ahead above $1900 and stay after consecutive weeks of sell-off We are focusing on a downtrend and a mid-term ranging market on gold, this week price has made reversal on major resistance upper line after hitting the highest $1917.00 last Friday. Price is moving towards downtrend channel and high probabilities to move...
Risk sentiment improves on reports that Trump could be discharged from hospital on Monday, S&P 500 futures rise, pushing the safe-haven US dollar lower. Technically, opening week candle break below the major support lower line indicates price to move out of the box but we expecting another retest on the latest resistance for confirmation of any changes on the...
Price is entering the sideway channel pitchfork and recovery after the drops, we might see a sideline trading this week Trend is heading towards median resistance level and a break above might bring price higher towards upper line key resistance level However, bearish trend is still strong on the weekly we are looking at price is right below the key resistance...
Price is moving towards uptrend channel and still holding strong above $10k looking to break again above $11k range Long term trend is bullish based on weekly analysis, this week we might see a break again above $11k towards $12k
Technically, sideway channel pricing piercing above median and heading towards upper line key level resistance Targeting price might trade on sideline and a bullish trend might need to head above upper line resistance key level
Looking at familiar pattern M top, price made twice reversal on key level fibo 3.82 resistance and targeting price to move back towards possibilities inside the channel Stronger WTI crude oil would and US Dollar weakness would sync into our analysis, however we are looking at long term trend is still on strong bearish Breaking above trendline resistance on...
Price made reversal upper line key level resistance and might retest again (consolidation at this area) before making a move towards downtrend channel for confirmation US Dollar weakness might take this pair towards median line support level and long term still looking at a strong bearish trend on our weekly analysis, we are looking price to move towards key...
Trend is sideway and seems like a consolidation after massive drops, this week we are targeting a pullback with US Dollar weaknesses else if price break below fibo 3.82 key level support area then we might see a continuation strong bearish trend
Trend is clear strong bullish and breaking above median resistance and high probabilities looking towards key level resistance upper line However, price might consolidate around median line before a confirmation a continuation towards the next resistance upper line level Weak US Dollar this week might bring Pound towards the top in majors
We correlated our analysis towards US Dollar Index, as most pairs are around key level (S&R) Retracement is happening around lower line key level support and will retest for a confirmation whether price break below a continuing of bearish trend else price would bounce and we are looking back towards median line resistance level then break above will take it...
Price made reversal at key level support lower line, it might retest again on this zone for a confirmation change of bullish trend towards median line or a continuation trend if the price breaking below lower line Correlation between our US Dollar Index analysis this week, gold might bounce back towards $1900 However, price will move towards median resistance...
Technically, price is entering into pitchfork channel after looking reversal made at key level resistance fibo 1.618 retracement level Targeting this week, we might be looking at a pullback US Dollar. However long term is still on a bearish trend but short term bullish in place High probability price on a retracement after hitting fibo level before continuing...
S&P 500 futures down over 1.50% as risk-off mood remains at full steam, current price break below support key level Technically, setup out of the box looking at a new price change of trend towards bearish is high and targeting price will break below and retest towards fibo support level
Bitcoin is on its third positive consecutive session in a row on the dominance chart and points to strong market share increases Weekend saw one attempt by Bitcoin towards $11000 but fail to break above median key resistance level, expecting price to consolidate around median then high probabilities head back above towards upper line key resistance level
Prices drop from $41.18 to begin the week made reversal on upper line key resistance level, targeting bearish trend price move inside downtrend channel Break below median key level support could bring price back towards previous low
Pickup in the USD demand pushed the USD/CAD pair back above the 1.3200 round-figure mark during the early European session Targeting bullish week towards US Dollar demand and technically breaking above resistance key level upper line is high, making new high and a fresh direction