baigxy

baigxy

Its end of week and we see USD getting stronger against most of the currencies... We see now the price has across below the 200ma and then pullback from support, now its testing the 200ma and now currently its pulling back from the 200ma.. by next week we have higher chances of breaking through the support line and forming a downtrend channel. Goodluck...

baigxy

At the moment the USD has been bearish this week and its been oversold in Day time frame. In this 4 hrs time frame we can see the price is testing the 50ma twice and there is high possibility a new channel is forming making an uptrend long position. The price pull back from 1.2589 approx' support line... therefore we have buy position opportunity as long our 4hr...

baigxy

AUDUSD has reached the resistance line, the price has acrossed 100ma, therefore there is high possibility of new downtrend channel, it'll most likely across below 100ma again and break the support line. Good luck

baigxy

Currently price is testing support and it'll most likely pull back since the price is oversold The price has cross below 200ma so there is high possibility of long sell position further ahead. There is a descending triangle which also confirms the price most likely break the support.

baigxy

After gold price hit above 2000, the price kept falling step by step, now the price is crossing the 200ma which show there is high possibility of bearish channel forming for long term. What we could see ahead is lower high and lower lows in downtrend position. Good luck trading.

baigxy

BTCUSD - has reached around 42k, we see the day candle that made a bullish movement to 42k didn't stay bullish at all and there was strong bearish pressure and as a result we see sudden fall around 30k. BTC made another attempt to reach 42k but couldn't. Therefore, I think there is high possibility we can encounter a bearish channel... Good luck

baigxy

Looking into Weekly and daily chart we have somewhat Symmetrical Triangle, price is currently consolidating in 4hr tf to Monthly tf, price can still continue consolidating for few weeks good luck

baigxy

The price did not cross above 1960 resistance and the price fall to support level at 1976 area, the next resistance level is around 1977 only if it breaks 1960 resistance. Good luck everyone....