This market is moving sideways at the moment on higher time frames, we have a bearish inside candle formation and we are predicting market going lower. We will wait for market to cross 1.684 resistance before going short.
We have seen bullish pin bar and market is in uptrend on weekly , daily and 4hrly time frames. In addition we have seen a ringed low formation with second candle have lower low and lower high below the previous candle. In addition 10 EMA is above 20 EMA. All this 3 signals are in favour of bullish move of this market and we would be looking going long with entry...
EUR/USD is retesting key zone of support at 1.13405 level on both daily and 4hourly time frames . For this currency pair this is happening for the 3rd time. This will determine the next market direction and we will be expecting price action happening soon.
In this market we can see an uptrend and this thread is likely to continue, because the market is breaking through the range. This market is also heading towards the next Fibonacci extension at 1.272 , We would expect some retest at some point, however market has strong bodies of candles and we would be looking for small long opportunity before pull back. This...
Current economic climate and technical analysis goes hand in hand with current market condition. Market retested zone of resistance multiple times but did not break through, we will be seeing further downtrend and should be looking to short on 4hrly.
We can see good uptrend in the market confirmed via OANDA. There is new HH and HL formation. Market is likely to continue to the next resistance level.
We can see that NSD broke through the long term trend line and is forming new higher high . On 4 hourly we can see conformation of the trend. After retesting they key support zone market is likely to continue in an uptrend up to the next resistance level , We would be looking on longing the market.
USD /CAD long retesting the zone of resistance for the third time, likely to go long to the next Fibonacci level.
formation of triangle and tooth past effect, wearing of the dollar, gold is going to be long
there is second rejection of the support, market will be changing to an uptrend
DXY On the weekly is in uptrent but entering P2 On the daily in the uptrent but retesting strong zone of resistance at 96.79 On 4 hrly in the uptrend, new LH was formed market will retest zone of resistance second time and we will see sell off
NZD/USD is interacting with strong zone of resistance and 20 EMA in bullish trend on weekly, daily and 4rhly. after double to pattern we looking to long the market.
The market is generally in uptrend, however there is head and shoulder pattern formation on higher and lower timeframes. We will wait for completion of right shoulder as it retreces to the neck support level. Head and shoulder signify change in market trend and we can expect mild downward trend.
2 hourly as well as higher time frame charts are showing potential for long opportunities in near future. After the recent shoulder pattern there is reversal in market trend pattern as we enter the next phase.
Market is currently in consolidation area soon to be hitting phase 2, overall we might see mild uptrend in next few weeks.
Instrument was recently in downtrend and reached the level of consolidation. Now there are signals that market will continue in an uptrend. It broke through the support level.
Dear friends, Please see my BTC 4 hourly chart analysis. After period of retest at the support level I suspect uptrend until the end pf month. xx