Hi everyone! Gold has touched the dynamic support, the lower edge of the bullish flag and is looks forward to continue the uptrend beyond $2K. On $1849 Gold has formed a double bottom pattern, tested the mid point at 1877 as support and is currently heading upwards. Resistances up ahead are shown on the chart. Good luck! Like the idea? Hit the Like button and...
Hi guys! 👋🏻 NZD bounced back significantly against the USD on September 24th after the test of an important support at 0.65120, however the retrace is yet to be confirmed as an impulse, hence bearish moves might continue either from the current level which is Fibo 0.5 or from 0.66890 which is Fibo 0.618. 🔔 If you trade this pair and do analysis, you should...
Hi guys! Wave 2 may result in investments in safe-haven assets as Gold and Bitcoin (as it seems). Since the Australian Dollar is correlated to Gold, we should expect a contemporary moves of the AUD against it's quoting currencies. Gold as the Australian Dollar against major pairs had tested an important dynamic support and rebounced, this might bring in some...
Hi guys! Not the best H&S pattern but, the fact that closes and lows from September 1 deep are higher and are on the same level as lows of July 31 and August 20 trigger only one thoght - USD will go higher. To give you more confidence, let me draw couple lines to show something. Do you see what I see? Exactly, a 5-wave ending diagonal (wedge), and each time...
Hi guys! GBPUSD touched the dynamic resistance and is about to retrace. The retrace could be backed by the rather weak Core Durable goods data from the US.
Selam arkadaşlar. Altın üçgen ve düşüş kanalında hareketleri devam ediyor ancak iki gündür bu kanaldan çıkış yapmak istediğini gösterdi. Bugün volatilite yükselecek piyasalarda, altın da fake bareakout gösterebilir. Bence en mantıklı hareket şuan 1909 ve 1880'lere kadar düşüş sonra ise yeni yükseliş hareketi.
Hi guys! Dollar Russian Ruble is about to form a perfect bearish bat pattern. In my opinion the uptrend is pretty much to be expected as there is a strong support at 74.638. Long then short could be a good takeout here. Cheers! Trade with caution. Not an investment advice.
Hello guys! Cup and handle pattern is on the watch on a daily chart of the EURCAD pair. Wait for a breakout of the previous high (March 19) at 1.599 or go long from here placing a SL below the first red line, up to you.
Hello guys! Tracking down bearish gartley in this pair, current level is an important support, so if remains above - we will witness the uptrend anytime soon. Bear in mind that there is also a possibility of the bearish crab pattern formation, watch for both patterns. Good luck!
What a show, Nasdaq 100 lost almost 11% in a single week after a massive sell-off and everyone started to blame Robinhood for selling data, despite forecasts and warns of hundreds of analysts saying that the bubble will soon blow and all the tech stocks are overvalued, so.... Greed is one to blame? This is just my opinion, you decide whether to agree or not. From...
Hi there, There are several reasons to panic: 1. Elections and Putins poor campaign 2. Russian CB converting gold reserves to USD 3. Boycott Russia Accroding to technical analysis and patterns we observe on the chart probability of Rouble being weakened agains major currencies is very high. USDRUB and EURRUB are showing significant movement and a very strong...
Hi everyone! Latest US statements have proven that US won't be too patient watching DXY fall and reach its 1.5 year minimum. Technical/chart analysis has proven that corrections even comebacks of some movements are on the way. Latest China-US economic and trade talks looked like the last collision of two galaxies, whether we follow it or not, the effect will be...
Hi guys! Not a technical analysis, more of airplane lovers analysis. I'm forecasting Boeing price climb upto 192 as there are more and more interest in their new 737 family aircrafts. They did a lot in terms of fuel efficiency and introduced longer fuselage. New CFM engines, new signlets look amazing and they decrease fuel consumption by manipulating aerodynamics.
Hi guys! NFP drove everyone crazy, we have whitenessed some crazy things going on in the markets. USDCHF is testing a very powerful resistance level and the breakout will definitely lead to 1.03500. If an impuls is strong it might test the top dynamic resistance level at 1.07200. If resistance doesn't allow the price to proceed further, it will push it to the...
Hi everyone! Just wanted to share this idea and the technical analysis with you. Looks like the price is following the weekly dynamic (moving) support level and recently we have witnessed another bounce from that support level. My expectations regarding this pair are the same as before. I still want and hope it to reach 0.77783. Green lines display my vision of...
Hi guys! Hope u r all ok after last nights storm! This is my vision of the next moves for AUDUSD. In my opinion the trend in bullish and we will possibly see 0.78400 or even 0.78600. The last correction within the purple waves count is not heavy enough and we might see the correction to proceed until 0.76400s and then start moving to 0.77783 and in this case I...
Hi everyone! Here is my view of how silver should gain its rightful position in the market. All points are proximate and displate as an estimate. So please do not trade following this idea. Just my though and my point of view. This one DXY will show its last breath in March 15, although Pentagon already sent another 500 troops to Syria and OPEC decision on ceasing...
Hi everyone! NZDUSD broke all possible dynamic and static supports and is heading to minimums. After touchdown in will retrace. Although it looks like that the 3rd wave will extend and the 5th wave will end somewhere in 0.67500s. 4 Hour chart for your reference