moise254

moise254

currently uptrend should end around 100.528793 - 100.671448 area. A correction down to 100.27633 - 100.166527 is expected. A rise above 100.891060 will abort the expected correction

moise254

Should trade lower to 0.9607. Resistance are at 0.9647 and 0.9661. A break of 0.9688 is bullish confirmed by a close above 0.9673.

moise254

A correction to the downside; resistance lie around 0.7318 and 0.7334. it should test lower towards 0.7258 zone. A clear break of 0.7260 would be bearish Validate with a 15min chart

moise254

It may attempt a test higher - 1.3184 after which weakness may set it to a drift down to 1.3061 zone/limit

moise254

Current upmove should be ended around 1.4664 - 1.4698. Any correction consolidation should find support in 1.4608 - 1.4586 zone

moise254

Oil prices fell sharply in North American trade on Monday, extending overnight losses as investors chose to cash in their gains following this month's impressive rally, which analysts warned was not justified by fundamentals. only a break above $52 would cancel the bearish move

moise254

Pivot 109.33 R1 109.37 R2 109. 40 R3 109.44

moise254

If market stays below 0.9606 a fall to 0.9557 is expected. If market breaks the point 0.9629 it could reach the sky

moise254

There is bearish potential for a fall to 1.3006 while 1.3096 - 1.3132 resist. After this fall a recovery up to 1.3132 or 1.3168 is expected

moise254

If the current upmove finds resistance between 100.335037 and 100.488724 zones, a correction down to 99.320557 should be anticipated,otherwise a break of 100.765442 will be a build up to an impulse wave;bullish

moise254

Decline should be supported around 1.1299-1.1274 zone for rally to above 1.1355. A clear break of 1.1274 will damage this expected rally

moise254

With the current fundamentals surrounding the dollar,the wave is set to pullback further down to fulfil fib 50% retracement rule that suggests that when a wave tests 50% retracement it tends to continue in that same direction;which also suggests that what we are dealing with currently is a false breakout.

moise254

Uptrend is still intact in a triangle configuration and should continue to rally to 1.3206 or 1.3215 if support around 1.3125 hold. A pullback after this to 1.3125-1.3101 zone is possible

moise254

It looks set to visit further lower territory down to around 99.770020 -99.529327. Its corrective attempts should fail ahead of 100.192429 - 100.374138 Stop loss above 100.855522

moise254

While still below 1.1322 it is more likely to fall further towards 1.1265 or 1.1248. Premature rise above the 1.1322 zone could see it rising above 1.1356 zone

moise254

Expected to fall lower than 0.9568. Entry sell point at 0.9657. Stop loss above 0.9687 zone

moise254

Strength can extend to 1.3091 - 1.3195 zones as declines expected to find support at 1.3012. A fall below 1.2988 could turn it bearish

moise254

It should be subject to more weakness towards 99.818726 followed with acorrection towards 100.942207. Break of 99.368958 is bearish