Loviss

Loviss Updated 

- 4Hr >> Stochastics rising and above 50 level showing bullish momentum. Price is above the 55MA (bullish signals) -1Hr >>> Price broke out of the bearish trend on the 1hr time frame. Expect price to test the 200MA or give a retracement back to the area of resis now turned support. - 15Min >> Price testing the fast 13MA and stochs over bought.. Looking for a...

Loviss Updated 

- Daily >> Price broke area of resistance at 0.68554 and pushing up to the 55 MA at a resistance level 0.69685 - 4 hour >> Price made a double bottom (bullish signal). Price broke resistance level at 0.68554 to make a new higher high and currently hitting the 200MA - 1 hour >> Price broke through 1st resis lvl at 0.68025 made a higher high and retested same resis...

Loviss Updated 

- Daily >> Price tested and was rejected off 1.25010 support area.. Stochastics over sold and getting ready to rise - 4 Hour >> After being oversold and testing the support line for a time price, price pushed up above the most recent lower high. Bouncing off the 55MA to retrace a bit - 1 hour >> Big bullish impulse breaking the descending trend-line...Triple MAs...

Loviss Updated 

- Daily Chart >> Price hit a small demand area at 1.30000 and rose to correct itself back to MAs (weak bullish) - 4Hr Chart >> Price made a Higher high at 1.32974 which made price cross above triple MAs and touched the 200Ma on the 4 hour. Stochs also on the rise. Price constantly testing the 55MA as support and bouncing up (good bullish) - 1hour chart>> Price...

Loviss Updated 

- Daily Chart >> Stochs over bought and price rejected off a resistance. Price is over extended away from moving averages as well - 15min chart >> Price made a lower low and also made moving averages cross down for bears. Price currently testing the 15min 200MA and may bounce to retest the 21 moving average before coming back down. If price crosses the 15min...

Loviss Updated 

- Daily Chart >> Previous daily candle ended with a bullish pin bar signalling a possible correction after a long fall. Price to be corrected to meet moving averages or retest previous daily resistance level around 1.525632 -1 hour chart >> Triple moving averages (13,21,55) crossed towards the up side providing further bullish confluence. However stochastics are...

Loviss Updated 

-Daily Chart >> Price bounced off support and closed above the daily 200 MA. -4 hour chart >> Price bounced off support with a bullish pin bar on the 4 hour chart with stochastics on this chart also rising. Moving averages on the 30 min also crossed with price currently testing the 14MA. -1 hour chart - On the 1 hour chart price is currently testing the...

Loviss Updated 

4 Hour - UsdCad has been ranging since 28th January between 1.27805 and 1.26608. It gave a faked a break to the upside but came crashing down due to USD weakness....Price broke out of the ascending trendline and broke past the 4hr 200MA and seems to be heading to the bottom of the range...A bearish position can be opened on a retest and rejection on a lower time...

Loviss Updated 

- A bearish divergence has formed om the 4 hour chart lining up with the trend line of the descending channel - Price is currently on the 200MA of the hour and also about to hit the trendline - There maybe a possible false breakout to the upside but i am expecting this analysis to hold and to enter a sell position - Price over sold on the 15min and on the hour...

Loviss Updated 

- Weekly Chart - The main thing so far is that based on the stochastics, price has some room to go down again. The initial fall's catalyst was a double top on the 4hr and since then price has broken past 1st support level. As expected it is currently retracing to retest that level. I anticipate a retest and continued downside until the 3rd Support level at...

Loviss Updated 

- GbpJpy is still in a buy zone on the weekly charts,so i am going to wait for price to retrace before entering a buy position - GbpJpy is currently pulling back to the 4 hour trend line. It is possible it can bounce and continue up from there. However price hasn't hit the 50lvl stochastics mark in 7 days. - I am looking at 3 levels that price can bounce off of...

Loviss Updated 

- UsdCad on the daily chart formed a Descending triangle which is a bearish triangle pattern - Price broke support at 1.38597 and currently hitting trendline and still heading for 200MA - The break out was missed, i am currently waiting for the daily candle to close before entering a sell - will look for a sell entry on the hourly chart with a SL just ablove the...

Loviss Updated 

- Looking at the daily, price has been bouncing off the weekly support at 1.07748 and ranging within a 250pip area - this range with slight downward pressure formed a triple bottom, inside the last bottom a smaller triple bottom was formed that helped push price up - then going down to the 4 hour chart a bullish divergence seems to be forming but need to wait on a...

Loviss Updated 

Looking to short GbpUsd after a nice retracement done on the weekly time frame. - After a nice bullish pull up, price began to range on the daily forming a double top on the 4 hour which is a bearish signal pattern. Both tops rejected from the 200MA - price fell after double top and then did another retracement with a wick touching the 61.8 level and struggling to...