fxinvestmk

fxinvestmk

Price broke downe the wedge pattern and retested it. So possible move down towards the nearest support 1.3430. Trade carefully!

fxinvestmk

Price clearly broke trendline. Now it is climbing up to retest it. After rejection of the nearest resistance possible some move down towards 1.2600. Trade carefully!

fxinvestmk

Price broke down the trendline and retested it. Price also retraced last bearish impulse in 50%. So after small pullback up, further decline possible. Trade carefully!

fxinvestmk

Price reached 50% Fibo of the last impulse. It formed wedge pattern. Brekout up from wedge should move price towards the nearest resistance level. Trade carefully!

fxinvestmk

Price reacted on long term trendline. In the mid term it formed wedge pattern so possible some move up. Invalidation of this scenario after breaking down the trendline. Trade carefully!

fxinvestmk

Today session is ending with indecision candle at 61.8 Fibo resistance level. Possible some move down. Trade carefully!

fxinvestmk

Price is approaching 78.6% Fibo and it forms harmonic pattern. Price already reacted at the level of 0.8700. Risky trade against the main trend. Trade carefully!

fxinvestmk

Recent strong down move has been corrected to 50-61.8 Fibo zone as retest of local trendline. So basic scenario is bearish. Target could be major trendline where price reacted few times in the past. Trade carefully!

fxinvestmk

Price forms lower highs increasing probabilities for breaking down support level at 1.3650. Trade carefully!

fxinvestmk

Price forms rising wedge pattern. Statistically more often it ends current trend. So basic scenario is bearish. Breaking above current resistance may cause further up move towards upper band of wedge pattern. Trade carefully!

fxinvestmk

It seems that GBPUSD is ready for new uptrend. There is reaction on 61.8 Fibo. So basic scenario is bullish. Breaking below trendline will negate this idea. Trade carefully!

fxinvestmk

Price reacted on resistance level made of upper channel band and 61.8% Fibo. Expected some move down. Trade carefully!

fxinvestmk

Price forms wedge pattern that in most cases ends current trend. So possible some corrective move to the downside. Breakdown of the support level at ca. 1.2280 would be additional confirmation of this scenario. Target fot shorts can be round level 1.2200. Trade carefully!

fxinvestmk

Price is approaching some interesting resistance levels which are Fibo retracements: 33500 at 50% and 33745 at 61.8%. Possible some bearish reaction. Trade carefully!

fxinvestmk

Price broke and retested trendline. We see rejection of trendline. Breaking below zone 0.68600-0.68800 is needed as confirmation of potential down move. Trade carefully!

fxinvestmk

Price of WTI OIL broke from falling wedge pattern and retested it. So possible further move up towards two Fibo clusters: - 50%+61.8% - at ca. 98.7 - 61.8+78.6 - at ca. 105. There might be short-term corrective move. Trade carefully!

fxinvestmk

Price is retesting neckline of double top pattern. We see rejection of this area. Possible some move down towards 1.3510. Trade carefully!

fxinvestmk

Price reacts on trendline and previous support level. Possible some bullish reaction towards neckline of double top pattern. Zone 0.9850-0.9870 seems to be interesting selling opportunity. Breaking trendline can cause further decline. Trade carefully!