US30 is in a bearish trend. There is an unmitigated OB around 34548.22. We can take an entry around that area. We can target TP to be 34320.64 and SL 34605.70.
There is an unmitigated OB at around 1715. We will take a short position when it enters below the low of that OB around 1710. Entry: 1714.62 TP: 1570 SL: 1721.53
AUDCAD is in a bearish term. We have multiple confluences here like price being below EMA 50, RSI below 50, double top candlestick pattern. With RR 1.7, we can look for short positions. Entry: 0.86697 SL: 0.86763 TP: 0.86580
EUR/GBP is in good short-term bearish trend. There is an unmitigated OB. We can target a short position: Entry: Around 0.86081 SL: 0.86101 TP: 0.85769 RR is almost: 8.55
There is an unmitigated order block that is expected to be mitigated. Good opportunity to short from there.
Gold is ranging in a nice channel. It also seems to be completing AB=CD pattern and we can aim for TP at around 1863 zone.
Bullish divergence on 1 hour. Good support at 127.034 zone. Will likely test resistance again at around 127.760 zone where we can keep our TP. TP: 127.763 SL: 126.990
RSI bullish divergence at 4H and 1H. MA 50, 100, 200 have multiple candles closing above the line. Trendline is acting as a good support. Will test the resistance zone from 1873 where we can put our TP. TP: 1873.986 SL: 1847.900
Bearish pattern of lower highs and lower lows. Bearish divergence on RSI. Short position can be taken with TP of 127.588 and SL of 128.140.
BTCUSD is still ranging, however recently it made some strong bearish candles so we expect it to test the support around 28874 where we can put our TP. Stop loss should be 29370.
BTC is at a good resistance zone from where it has taken rejection several times previously. We can target TP 29865, with SL 31083
Good resistance has been broken with some momentum. Breakout of trendline and price action stayed above resistance for quite some time. We can target 1854-58 (good Fib level) with SL of 1826.
- Price action is in a parallel channel. - This will test the support at 16.216. - AB = CD is present so we can expect price action to reach 19.766. - No RSI or Chaikin divergence.
Bearish trend. - Series of lower highs and lower lows. - AB = CD pattern - No RSI or Chaikin divergence
Series of higher highs and higher lows. AB = CD pattern. We can target 127.08. SL will be 97.29
7 out of 11 years, GBP/NZD has been bullish in April.1.89807 has been acting as good resistance zone but we saw a bullish candle around or slightly above that. The rally is expected to continue with occasional consolidation. TP1 is 1.89923 and the long-term target is (TP2): 1.91653.
Rising wedge formation. Currently it's in a nice parallel channel. We can expect it to go up till 133.240 because this was tested before and this maybe a good resistance. The sequence of higher highs and higher lows has not been broken convincingly. Expect consolidation/bullish-ness until it is rejected from 133.280. If it breaks out from there, then the next...
CHF is historically bearish in April. Based on channel breakdown, breaking support, we can say that it will be bearish. Chaikin and RSI divergence were not present and they were bearish. Current rally started from September 2019 and it has been around 30-31 months since then. It has had a previous rally of 34 months so for the next 2-3 months, we can expect it to...