AUDUSD has falling the past 2 days and came to a strong support area of Fibonacci retracement 0.38 level. my bias is the pair to reverse to the next resistance line and we would see if the pair keeps moving up or it falls again from that level of strucure. alternative scenario is that if the pair is able to break the support structure, it may lead to a...
USDCHF is currently on bearish move, and it has broken a strong support area. The Pair now looks to retest the broken structure turning into resistance. My next target is (if not broken the resistance of course) 0.91718 What do you think of USDCHF Now!!
EURUSD is on bearish move on the bigger picture, now it looks it is respecting the trend that the market has been able to stay below and above with better respect ratio. I currently have to targets, and most probably both targets are for the next week. What do you think of EURUSD?
Pound Sterling against Canadian Dollar has been on bearish and seems that the pair is currently getting the ability to go on a bullish. My two targets are 1.6717 and 1.68818 What do you think of this pair?
Pair has been trending to the down side for this month and looks it broke its support structure currently looking to be a resistance that its retesting. Next target is the weekly support level of 1.3776. What is your analysis on EURO CAD?
Long bias for GBPJPY if the head and shoulders is respected. If price gets above the neckline, we should buy on the breakout. Otherwise, we ignore setup. What do you think of gbpjpy for next week?
GBPJPY is on bearish trend and mainly for fundamental reasons. the pair looks to be showing some reverse double bottom and the neckline retested. My idea here is to wait if the the it has able break out of the resistance trendline. The currently price is on strong level of Fibonacci 0.50 which the market is holding. then wait for the retest to long GBPJPY. The...
God has been up trending the past week and this was mainly because of fundamentals of Russia vs Ukraine war! There is a lot of uptrend bias than the down trend, despite that, it is interesting enough I guess to see that the pair has formed Head and Shoulders shape, which if it goes below the neckline lead to bearish move. I am closely watching the pair for next...
Hello Traders! Price of EURCHF is currently on a descending trendline and and strong resistance area. If the structure is able to hold the price which then could form a bearish double top, we can think of selling the pair. If resistance is broken, then we can wait for the retest and open long position of the pair. in either way, I am looking the movement of this...
BTCUSD has broken the support line and currently retesting the broken structure turning support. The pair looks aiming at touching the next support line. Before it broke the support, the pair also formed a double top which enabled the pair to break it. The Goal/support structure is 37000.00 Any idea on this BTCUSD? Thanks
BTCUSDT has broken the support line and currently retesting the broken structure turning support. The pair looks aiming at touching the next support line. Before it broke the support, the pair also formed a double top which enabled the pair to break it. The Goal/support structure is 37177.00 Any idea on this BTCUSDT? Thanks
EURJPY is currently moving on a bearish trend . Setting a new low around 128.00 the pair retraced to a strong supply area and looking to retest the structure for that , I anticipate a bearish trend to continue What do you think of this pair
USDCHF has broken a support line, looks the pair is going to the next support line indicated in the chart. Could at least fall to the next 50% Fibonacci level of 0.92299. What is your analysis on this pair?
NZDUSD currently bounced of the support line and there was double bottom. I am on the bullish bias to the next resistance structure. 0.6895 is my target! What is your analysis on this pair?
EURGBP has been on bearish and mainly due to the tension in Europe. The pair today recovered a little bit and probably it is a correction looking to retest the broken support structure turning support. Provided the pair does not be above the resistance, it is a nice idea to short this pair and since its going with the trend, it is more safe to short than to long...
Bitcoin is currently reversed back from the strong resistance, the next target is 39333. what is your analysis on Bitcoin?
GBPUSD currently is inside range and it is bearish move on the upper timeframe. if price reaches the resistance and able to bounce back, you should wait for the retest of the structure and short this pair. since its on bearish at least on my bias, it more safe to short this pair than to long it. What is your analysis on GBPUSD currently?
USDCHF is currently in ranging on the daily timeframe, For now the pair has reached a strong resistance area that the market respected several times in the past. Rejection has been going and the market has been unable to break the resistance. if the the market respects the structure, we should wait to retest the resistance and short this pair. On the the other...