We can see that AUD/JPY has been on an uptrend on the daily timeframe. If the price rejects from the trendline as well as the area of support/resistance marked, we can look for potential buys. The 97.500 level has also been marked on the chart as it is an important level.
We can see that gold has started to form a downtrend. We can look for potential sells if the price reached our trendline and rejects from it as well as the area of support/resistance marked. The area of support/resistance is also near the 2400 price level.
EUR/USD has a beautiful downtrend setting up on the 4HR timeframe. We can see that the price is moving towards the trendline. If the price touches the trendline and shows us a good rejection from the the trendline as well as the area of support/resistance marked, we can look for potential sells. A good area to target in the long run would be the 1.07500 area.
EUR/CAD has given us another opportunity, looking at the 1HR timeframe, we can see a downtrend with 2 previous touches and a third touch. Price has also rejected from the marked area of support/resistance. A good target would be around the 1.4700 area. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as...
EUR/NZD currently has a downtrend setting up with 3 previous touches on the trendline and another one with a sweet rejection from both the marked area of support/resistance as well as the trendline. Confirming a good rejection on a lower timeframe, we can look for potential sells, a good target would be around the 1.75000 area. DISCLAIMER: This analysis is...
We can see a beautiful downtrend for USOIL on the daily timeframe. The price is currently at our area of support/resistance which is marked around the 84.00 area. For possible sells would like to see a good rejection from the marked area. A good target would be the previous swing low around the 73.00 price area.
We can see a beautiful downtrend for USD/CHF on the 4HR timeframe. The price is currently at our area of support/resistance which is marked. For possible sells would like to see a good rejection from the marked area. A good target would be the previous swing low around the 0.88400 price area.
CAD/CHF has been in a downtrend for quite a while now. We can see that the price is approaching the trendline again, with an area of support/resistance marked. If the price resects the trendline and shows us a good rejection from the trendline as well as the area, we can look for sells. A good first target can be the area around 0.65510 price. I will be...
Looking at the daily chart on EUR/CAD, we can see that the previous uptrend had been broken. Currently the price has come back tpo retest the trendline and we can see a good rejection from the trendline as well as the quarter price level of 1.47500. Good selling opportunity here.
In the zoomed in picture we can see that the price approached the trendline and has started rejecting from it. Let's see if it completely rejects our marked area of support and resistance too. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be...
We can see a beautiful downtrend on AUD/CAD on the daily timeframe. The price has just approached the trendline and is in our marked area of support/resistance. A long term good sell opportunity can be seen if price respects and rejects from the trendline as well as the marked area. A good target would be the 0.90600 area. Another chart with the area...
This is just a zoomed in view of the previous idea published for a better view and understanding.
We can see EUR/USD forming a beautiful downtrend on the daily timeframe. We have an area of support and resistance marked as well. We can see that the price has somewhat reacted to the trendline as well as the area marked. With the CPI news coming out will see how it reacts to this trendline.
We can see a beautiful uptrend on USD/CAD on the daily timeframe with the price approaching the trend line and our area of marked support and resistance. Will wait to see how the price reacts to the trendline as well as the area marked. Keep in mind that CPI news is coming out today so we can expect to see some big moves.
We can see a beautiful downtrend on USD/CAD on the 1HR timeframe. The price has touched the trend line and is also around the 1.37500 key level. If we see reejction from the trend line as well as the 1.37500 area, we can look at potential sells with the long term target being 1.3500 level.
We saw GBP/USD breaking below the 1.25000 key level last week, retesting the area before moving down. We can now see a downtrend forming on the 4HR timeframe. Let's wait an see how it reacts to the trendline and the area of support and resistance marked around it. We may not see the price reach around the trendline up until next week s this is a higher timeframe.
Last week, EUR/JPY respected the uptrend it has on the 4HR timeframe and moved about 250 pips from the previous area of support at 162.500. We can see that it has been holding the 165.000 area as a strong resistace where price has tried to break it a couple of times but has always rejected. As it has been in an uptrend, we could see a potential break of the...
We can see a beautiful uptrend on AUD/CAD on the 1D timeframe with the price approaching the trendline. Looking to see what price does around the 0.88000 support level. Potential buys if it respects the support level and the trend line and bounces back.