The pair will continue to move lower in the following days toward its January 2018 low. Palestinian leader Mahmoud Abbas cut all its ties with the United States and Israel. This was after he rejected the peace plan presented by the two (2) countries. The conflict between the Arab and Jewish country started 53 years ago. This was after Israeli’s occupation of the...
US DOLLAR Israeli Shekek (USDILS) Parallel Channel (Bear Flag) 2.61R
Pattern: Rectangle on 1D (3.4700 - 3.5600). Signal: Bearish as the price is at the top of the High Volatility zone and the RSI has peaked. Target: 3.4850 (bottom of the High Volatility zone).
The pair is trading on a Rising Wedge within a wider 1D Channel Up (RSI = 59.015, MACD = 0.014) and the neutral Highs/Lows (0.0000) indicate that it is close to pricing a Higher Low. The long's obvious TP is the Wedge's Resistance at 3.7900 but if it breaks we will extend the buying to 3.8200. ** If you like our free content follow our profile...
price makes a higher high , indicator makes a lower high
I have been looking at this for a week or so and it is getting close to short area. You can see the trendline I have at the top there. Have an alert set on that, once it crosses that price it is in extended area, will look for it to turn there and pull back. Long term this will head to 4. Can be played with BTC and massive margin @ bit.ly ........ ........
Upside risks dominated the USD/ILS exchange rate after the pair reversed from the lower boundary of a long-term ascending channel located at 3.5758. The rate is trading near the upper boundary of a short-term ascending channel. Given that the currency pair is supported by the 55-, 100– and 200-hour SMAs, it is likely that a breakout from the junior channel...
The Israeli Shekel has been appreciating against the US Dollar since the beginning of August after the pair reversed from the upper boundary of a medium-term channel at 3.7237. As apparent on the chart, the pair is testing the lower channel line at 3.5700. From the theoretical point of view, a reversal and a breakout from a junior descending channel could occur...
USDILS has made its new Higher Low (Highs/Lows = 0.0000) on the secondary formation on 1D, which is a Rising Wedge. The primary pattern remains a long term Channel Up (RSI = 57.452, MACD = 0.015, B/BP = 0.0069). We are taking this opportunity to go long, TP = 3.744410.
A head and shoulders graph has formed, it looks like the head has been formed perfectly on a strong support level, this pair is very likely to rise in value. The price is currently moving in a range near the neckline, if the price is able to break this neckline, it is very likely that we could see massive bullish gains over the coming weeks. The RSI is in a good...
After the US Dollar reached new heights against the Israeli Shekel, most patterns could be observed as broken. That fact pushed for a larger review. It was discovered that the currency exchange rate is surging simultaneously in two ascending pattern. The dominant pattern has the form of an ascending wedge. Meanwhile, there exists a junior medium term ascending...
The prevailing pattern for the USD/ILS exchange rate is a six-week falling wedge. The rate entered this pattern from the downside on April 24. It has since provided two confirmations on each side and is gradually moving towards a breakout. The bottom boundary of this pattern is reinforced by SMAs on the 4H and 1D time-frames. Thus, it is likely that the Greenback...
The US Dollar has strengthened against the Israeli Shekel since mid-March. This upward movement has allowed the rate to move from the bottom boundary of a senior channel up to its upper line and the monthly R1 near 3.6360. The pair changed its sentiment during the previous trading weeks, thus falling down to 3.5770 mid-Monday. It seems that the following trading...
It is possible to be in front of forming a head and shoulders pattern, so I think the price will take a bearish path to form the right shoulder before trying to climb