From the chart we can notice that after the false breakdown of the downward trendline, there was a sharp fall. Helping us with RSI and CCI, can be seen from the first one that has come to an area from which the price often corrected, while on the second there is a clear divergence with a return above -100. We are also faced with a support area, highlighted by the...
From the chart we can notice that after the false breakdown of the downward trendline, there was a sharp fall. Helping us with RSI and CCI, can be seen from the first one that has come to an area from which the price often corrected, while on the second there is a clear divergence with a return above -100. We are also faced with a support area, highlighted by the...
As we can see from the chart, there was a good sell-off on this pair that led the price to move within this highlighted descending channel. Helping us with RSI and CCI, can be seen from the first one that has reached an oversold area from which the price often corrected and from the second that a divergence has formed. Otherwise, the highlighted area in green has...
As we can see from the chart, there was a good sell-off on this pair that led the price to move within this highlighted descending channel. Helping us with RSI and CCI, can be seen from the first one that has reached an oversold area from which the price often corrected and from the second that a divergence has formed. Otherwise, the highlighted area in green has...
GBP/USD After the climb starting from the bottom of period, it reversed his race to 1.30. The break of bullish trendline could bring the price to 1.25-1.26 area, but we still have the idea that this is a retracement movement and that 1.25-1.26 area can provide sufficient support to reset the bullish movement.
GBP/USD After the climb starting from the bottom of period, it reversed his race to 1.30. The break of bullish trendline could bring the price to 1.25-1.26 area , but we still have the idea that this is a retracement movement and that 1.25-1.26 area can provide sufficient support to reset the bullish movement.
Following recent fears generated largely from Trump's impeachment hypothesis, as we can see from the chart a megaphone structure was formed on this cross, probably indicates an excess of market. We believe, however, that we will have a bullish trend so we are willing to buy, ready to turn in case of breakout below 110 level. Keep track of the levels marked on the chart.
Following recent fears generated largely from Trump's impeachment hypothesis, as we can see from the chart a megaphone structure was formed on this cross, probably indicates an excess of market. We believe, however, that we will have a bullish trend so we are willing to buy, ready to turn in case of breakout below 110 level. Keep track of the levels marked on the chart.
NZD/USD As can be seen from the chart, The bearish trend started in early February, Seems to have found an accumulation phase in the highlighted red band and is ready to undertake a bullish movement.The break with confirmation of this trendline is a good opportunity for buy.
NZD/USD As can be seen from the chart, The bearish trend started in early February, Seems to have found an accumulation phase in the highlighted red band and is ready to undertake a bullish movement.The break with confirmation of this trendline is a good opportunity for buy.
Following the breakout of the bearish trendline highlighted by the chart, we took a long position by abandoning the idea of short-term closure gap. As we can see, the price dropped back again into the support band 1.08500 / 1.08200 on which there was also the SMA200 and found the push to get back to the highest since November 2016. The euphoria due to Macron's...
Following the breakout and confirmation of area 3,350, we believe that the price could go to next resistance area at 3,500. The graph shows the presence of an open gap, and we believe there is a tendency in the medium term to close it. As in all areas of the energy sector, here too, great attention to the next OPEC meeting. As we can see from a long-term...
We want to highlight the situation with this change from the chart. From time frame daily there is an interesting Andrews fork , whose upper parallel line of 0.5 to the median line coincides about with a maxium in mid-December, where, as is well-known, the price has undergone a bearish inversion. We underline how RSI is on a level where in the past physiological...
Following the breakdown of the bullish trend line, it reached area 43, area 43.70 for accuracy, area where many purchases have rebounded the price of nearly 3$. We think that the recovery of this trend line, with confirmation, is a positive signal that would provide a good purchase opportunity. Eyes always pointing at the OPEC meeting this month.
After breaking the bearish trendline, a new impulse has started that we believe could stop in area 115, with a pullback on the formed figure. The medium / long setting remains bullish, though a return of the short channel highlighted in the chart would offer a good sales opportunity. Operating against trend is very risky so it is advisable to reduce size with...
As you can see from the chart, we're heading towards a possible turn for this pair. Leakage given by the breakout of one of the two trendline lines could bring the price to a possible good momentum phase. In the event of a breakdown, also due to the loss of the traced support, we could see accelerations to area 0.96550-0,96. In the event of a bullish breakout we...
At this time, the Australian dollar, following a steep downtrend ,is in the state of strong hyper sold. We believe that area 0.73 can provide good support to restart the movement in the opposite direction. A break below this threshold would probably push the price in 0.71500 area.We believe that the long-term trend is always upward So we will exploit the breakdown...
OANDA:EURUSD Following the euphoria generated by the French elections, we have already come to the end of the 5th wave of Elliot. We believe that area 1.095-1.10 can always maintain some strength, so we expect a corrective phase of the movement (maybe drawing an abc) which sets the price to close the gap. A return to area 1.07 can offer a good opportunity to buy...