The British pound has fallen sharply lower against the US dollar, after Chief EU Negotiator Michel Barnier rejected a key part of the United Kingdom’s Brexit trade proposal. The GBPUSD pair is now testing key support and is likely to weaken even further if price falls below the 1.3101 level. Sellers will try to target the 1.3000 support level, while buyers will...
Bitcoin continues to trade towards the $6,650 resistance level in early Monday trading, after finding strong technical support just the $6,400 level on Friday. BTCUSD bulls now need to break above the $6,700 level to validate the bullish inverted head and shoulders price pattern across various time frames. BTCUSD sellers will attempt to break the key $6,400 level...
GBPAUD approaching the channel resistance. Possibility of price reversal. Planner short entry with Entry point , SL and TP as per chart.
Bitcoin tried to escape my triangle in my last chart. But got pulled back in with that large red Candle BearFlag formed now, we all know how this goes though. Possible Bear trap, and we go up instead My chart just shows what 'should' be happening in a normal scenario
Btc in a tricky area till it doesnt break the downward resistance line which has proved as a strong resistance Chances of it holding are 50-50. if it holds and pulls back the only support which comes in next is the red support line,once that gets taken out we will be back at 8000 levels. Better to wait for a confirmed trade than get in early with a chance to lose money
USDEUR: A good rally for USD has reached the first resistance - take profits here, looking to re-enter from lower down
Price has broken marked resistance, expect bullish continuation and pending a pullback.
Intersting movement on xauusd, 4h price is near monthly resis bouncing off supp the 3rd time lets see what happens on supp or trendline breakout, maybe heading to monthly resis for breakout
EURAUD: Selling EUR on supply area also near weekly resistance