EURUSD is taking a volatile step today being the first day of the trading week. Its a good sign for the week! FIBER broke 2 very strong VERIFIED SUPPORT levels last week giving BEAR an upper now up till the moment. Following the recent drawn downward trend line, candles might have to retrace a bit (Check chart to see the possible stoppage lines @1.17235 and...
We had a massive volatile market yesterday 16/09/21 ! Touching a VERIFIED SUPPORT level and reversed successfully broke a supposed stoppage point @ 1.17717. POSSIBLE MARKET MOVES The price is currently moving towards the second supposed Resistance line @1.17988 before a continuous downward trend (Check chart for better understanding ) its FRIDAY ! note all...
just as said earlier . EURUSD has broken the 2 times VERIFIED SUPPORT level former placed @ 1.17750 . Now finding its way towards the next 1 time VERIFIED SUPPORT level @1.17350. NOTE: Retracement is bound to happen . Observe every risk management measures !
Fiber has broken downward after a short term ranging towards its TRIANGULAR corner ! Creating an UNTESTED RESISTANCE level @1.18255. Its a fast movement cause of the recent economical report on ITALIAN TRADE BALANCE (Check calendar). POSSIBLE MARKET MOVES The price is currently at a VERIFIED SUPPORT region taking a break ! Reversal is possible but a tentative...
EURUSD has been finding it hard to make a defined movement whether upward or down..... It has been ranging between 2 VERIFIED LEVELS .....RESISTANCE @1.18510 and SUPPORT @1.17830. POSSIBLE MARKET MOVES We will be waiting for a serious break in one of these levels mentioned earlier and seen on chart !!! Price moving close to a tight angle and definitely going...
Hi ! Its a beautiful trade day as the market has decided to go volatile on EUROPEAN session. A good way to start the week ! EURUSD is found complying to the recent drawn downward trend ( Check Chart ) although had a slight pave on Friday and then a quick reversal from the VERIFIED resistance point @1.18465. It has been a way slope since its reversal. POSSIBLE...
Studying the chart, the candle has been rejected for the second time at a VERIFIED SUPPORT level found @1.17990. Moreover, the price as broken across the suppose resistance stoppage line @1.18248 making a progress to the second supposed resistance stoppage line @ 1.18444 ( Check chart for better understanding). POSSIBLE MARKET MOVES First, the market is going...
EURUSD moved just as predicted ....i.e it has touched the VERIFIED SUPPORT level trying to reverse. Is it going to really reverse way further? Well, the price is currently turn down from the previous drawn stoppage horizontal line (Check Chart ). POSSIBLE MARKET MOVES Follow the trend line . The price movement is obviously complying!
Yesterday, fiber broke several possible support levels and another one today !!! Most importantly, previous trendline has disengaged and presently the price is moving towards a VERIFIED SUPPORT level @1.17945 formed from 30th of Aug . POSSIBLE MARKET MOVES Follow the recent drawn trend to pick an entry level and expect the next support level touch. Most...
This pair is having a lot of barricades around it !! looks like its having a quick slope as a PROVEN resistance level has been indicated @1.38915. Currently, the price is found around a demarcating support level @1.38104. Right now we wait for a serious breakout !!
EURUSD has been moving sluggish due to yesterday's holiday ( US labor day ). However, its movements has been observing the drawn resistance and support levels just has shown yesterday ( Check previous chart ). TODAYS POSSIBLE MARKET MOVES Presently, a VERIFIED SUPPORT level is drawn from 5th of Aug @1.18545 where several rejections has happened. The plan is...
The is presently spotted at a proposed support line @1.18655 trying to reverse . Another proposed support line @1.8444. The price is expected to turn back at these points following the initial trend lines (Check Chart). In case of any serious break below as a result of upcoming events... Then the next indicated SUPPORT level should be our next focus. NOTE:...
Cable has been moving slowly following barricade levels accordingly. The price is currently returning from a VERIFIED RESISTANCE level formed from 9th of AUG after destroying the PROVEN resistance level. POSSIBLE MARKET MOVES Two stoppage lines has been drawn @ 1.38468 and @1.38071 which could possibly be a turning point on the price way down !!! CHECK CHART...
GBPUSD has just moved in accordance ( Check former posts) !! The price has paved through the previous UNTESTED resistance level @1.38130 and right now slowly finding its way towards PROVEN RESISTANCE area around @1.38800 . NOTE: Retracement is bound to happen. Follow the trend and pick an entry point . Observe every risk management measures
Cable has a minimal volatility today despite the USD ISM manufacturing PMI event . An Untested Resistance level was created today @1.38130. POSSIBE MARKET MOVES The price is currently returning from the UNTESTED resistance level and a possible STOP line @1.37681 could make a reversal. Check chart for better moves understanding .
EURUSD is moving way in between two VERIFIED barricades following the trend line as seen on the CHART !!! POSSIBLE MARKET MOVES From the chart , another VERIFIED support level has been formed @1.17890 retested ones. However, the price has hit the VERIFIED RESISTANCE level ones more and trying to retrace. On the chart, a part is drawn indicating the price...
EURUSD has been moving in accordance !!! The Price has been rejected at the former untested resistance level turning it into a VERIFIED RESISTANCE level. POSSIBLE MARKET MOVES Fiber is currently retracing and we might have to wait for a break in barricades . WATCH OUT ON NEXT POST
Trades still moving perfectly as predicted.... The VERIFIED RESISTANCE barricade has been broken after the price reversed from the support line has drawn on the previous charts. Presently, a VERIFIED demarcating SUPPORT level has been formed around @1.17720 replacing the former RESISTANCE level. This could make the upward movement last a bit. POSSIBLE MARKET...