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EssentialCommodities are hitting the key level for the continuation reversal. Look at this overview for the key price action levels to watch.
$JPM is running inside the bearish flag for some time. Key levels to watch for the breakouts are 104 and 92.
$XAGUSD is reaching the confluence of the short-term and long-term upside resistance 19-19.300 zone. We are seeing a rejection from here for a pullback to an 18.500 support
It is not popular nowadays to be short the stock market or to indicate there are any signs stocks will be retreating, but we have a technically appealing situation in AAPL. It is reaching the 400 round number and the top of the broadening wedge. We are about to experience a possible violent retreat here. The first target could be narrow channel bottom 350.
$DAX has set a stage for an explosive move as it is ranging between 11600 and 12800 for couple of weeks. We could see a break this week. Although seems supported it is losing its momentum
$Oil could give you a good impact on risk-off trading potential as it is breaking the consolidation triangle and will be testing the key downside 38 level soon
$Ethereum is so squeezed and is testing the make or break confluence of the long-term falling trendline and horizontal resistance 240-250 zone. We need to see a clear confirmed price action breakout here or the instrument will reverese lower
A brief commodities moment overview as OIL, XAGUSD, XAUUSD, COPPER ALL are reaching the key upside resistance levels. Price action today and the following days will be the key for the breakouts pullbacks.
$TSLA has gone parabolic recently, and more parabolic after Musk indicated that price shares are too high. Technically it is reaching in extension 1.40% Fibbo from 185 swing high and Pitchfork channel upside resistance hitting 1420 and pulling below 1400. Time for a pullback don't ya think?
This is a brief analysis of the key levels for $EURGBP $EURJPY $EURUSD $EURCHF. EUR looks heavy supported across the market but we need to wait for more price action today around the key levels
Gold is unable to break above the 1780 level with confirmation and is forming hanging man candle. Looking for a most probable failure and a pullback lower
Overview of the weekly closes on popular Forex pairs. Indicating key levels for the price action and trading strategy to be watched.
$GBPUSD is reaching again the heavy upside resistance 1.2540-1.2600 zone where we had a hold previously a couple of times. Look for the reaction here as both long and short trades are in play. Overall trend is down but concerning the heavy volatility follow the price action.
$FTSE is breaking below the uptrend line and is without breakout confirmation yet but has a fantastic RR trade opportunity
After the resistance breakout, $EURGBP reached the upper resistance line of the wedge 0.9180 and is pulling back for the previously broken resistance retest. This could be a good opportunity for the long-trade entries if the price action develops
Indices overview. Top-down trading analysis and the key levels for trades indicated. Pay a good attention to FTSE
Both Silver and Gold are testing the important resistance for the breakout higher, but still, we don't have a break and we should wait for a confirmation of the price action.