Since August 2017 the asset price has been negotiating a bullish channel creating several new higher highs. Last week we saw a strong impulse from the selling side which meant the break of the trend. So, by now, what will be expected during the upcoming week is a correction from part of the asset until arround 1.16366 levels. To then enter as a seller if...
Since November 2017 the asset's price has been trading in a down trend, consolidating around 1.08800 levels where it found a great support that kept the price from making new lower low's. Last week the price finally broke the resistance line which movement give us another sign of a possible trend change. Righ now, the price is negotiating in a corrective...
The price of the asset has been trading in a bullish trend since December 2017 creating new higher highs. Last week the suport line that has maintained the price since then has been broken with a bearish movement. So, right now the price is trading a correction movement that I expected to reach the interest red zone (S&R). To then creat a new lower level. This...
For those how do not know what a V-formation is, it's when the price show us one of the signs that he's changing his bias. In this case after the bullish impulse that as created a new higher high the asset's price is now on a correction movement that is expected to reach the interest red zone. And then, create a new higher level. This market analysis is just...
The price of the asset has been traded a downtrend since December 2017, creating a series of lower lows and lower highs. Over the past week when the price touched the Support Line it quickly return to trading high up to now touch the Resistance Line. If we look at the chart in a lower timeframe like 60min, 30min... we may notice that it has turn in to a bullish...
In this short-term scenario, the selling trend is quite clear. The price broke the support line that has kept it in the last 10 days. With this bullish movement we can clonclude that the price will start a correction to then go long and touch the interest red zone. Like as i mentioned before it is a short-term trade and the bias remains bearish. This is not a...
The EURAUD give us a story quite similar to the one we see in the GBPCAD. The price been trading cleara bearish channel . Last week the price has finally broke the TL that has maintained the price until then. Right now, and after the strong bullish movement, the price will start a correction until the interest red zone. (S and R). Then, I expect a strong...
After the last week´s bearish impulse that broke the support line that has kept the price since December we entered now on a correction zone, and on a week with some events too, wich may help to correct the price up to the previous support line. So the must likely scenario is a correction from the price, and then a bearish impulse creating a new lower low. You...
Since December 2017 the price of the asset has been trading a bearish channel. Last week the price has finally broke the TL that has maintained the price until them. Right now, and after the strong bullish movement, the price will start a correction until the interest red zone that has where we have notice some resistance from the price (S and R). And then, I...
After the strong bearish impulse the price as started a corrective movement. Creating one of the most effective patterns (Bearish Pennant) when it comes to follow the trend. Concluding I think it is a good opportunity to enter short as soon as we have the confirmation from the price breaking corretion´s support line. This market analysis is just a investment...
After the strong bullish impulse the asset´s price touches now an interesting red zone, and also the resistance line that has maintained the price from the beginning of October 2017. The price is now under big pressure after the massive impulse, it could possible turn into a range at the 0.76386 area. By now it´s expected that we´ll see a bearish movement. But...
The price of the asset is being traded in a correction after breaking the resistance line with a strong bullish movement that has created a new higher high. With this information and with the asset being trade in the price correction, we should expect a bullish break. This market analysis is just a investment idea, the same shouldn't be taken as a financial...
The price of the asset is being traded on a range mode, without create neither higher lows nor lower lows leaving behind the previous bearish channel. The asset has broken the resistance line that has mainained the price sine May 2017. With this information and with the asset being trade in the price correction, we should expect a bullish break. But do not be...
The price of the asset is negotiating in a clear bearish channel. At this moment it is in a pure correction after a big impulse by the sell side. It is predicted that will arrive at its end soon, breaking the suport blue line. This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved. CFD´s are...