GBPCHF has retreated towards the minor support near the 1.1334 level. This reversal indicates that the price has begun to recognize this level as a buying opportunity, suggesting a strong, steady pullback towards the initial resistance observed previously. Following this pullback, we anticipate another bearish movement as the highlighted zone is respected as a...
EURUSD has rallied with the NFP and immediately got dumped back on the major hourly demand identified. Here we should wait for the price to confirm a bullish rally one more time which can also confirm a bullish breakout on the upper boundary created by the expanding channel. With a perfect breakout confirmation, we can expect a nice rally or a target close to...
NASDAQ has confirmed an important level breakout recently. Here we witness a breakout and pullback on the major demand zone identified under the hourly timeframe. Here we also identified an important bearish flag formation, which is likely to create another dip towards the bottom level of support created.
AUDCHF has once again retested the significant resistance level identified within the hourly timeframe. This suggests a potential reversal, indicating that the price continues to regard the highlighted zone as a major selling area. Additionally, a triangle pattern has formed, but it's essential to await confirmation of a breakout before taking a position. Patience...
AUDCAD Rallied significantly to the upside and now we are witnessing a revisit back on a major resistance zone. Here we are expecting to see a potential reversal to the downside. On the following highlighted zone we have seen a strong selling pressure on the left earlier when the price meets in this region. More importantly, the price of the AUDCAD pair has...
USDCHF confirmed a major hourly channel breakout recently. Here we expect to see a further decline in price which is expected to revisit back towards the highlighted bottom level support/key level formed. This channel has created a very strong supported trend line with its lower boundary which has now been invalidated with its breakout confirmation. The key...
Gold respected the lower boundary of the major bearish channel formed. With the reversal identified, we witnessed a breakout and pullback on the previous support created at the $2310 region. Since the price has respected this area one more time. We expect to see a continuation of the current bullish trend to the upside targeting $2350. If the price remains...
GPBUSD confirmed an expanding channel breakout with the NFP. So here we are anticipating a bullish rally to the upside based on the confirmation identified. I am personally targeting the previous swing highs formed on the left for a decent profitable long entry.
USOIL confirmed a bearish breakout on the bullish channel created under the daily timeframe today. Here I personally expect to see a strong selling back towards the bottom level of support while we have a resistance holding down the pressure on top close to $80. Here we are expecting bearish momentum to be built towards the $70-67 target region.
ARPA confirms a bullish breakout on the neckline/key level formed with the inverted head and shoulder pattern, where we are waiting to see a rally to the upside which is about to claim the completion of its bullish leg that is expected to be created with the breakout confirmation.
Bitcoin has confirmed another major breakout on the long-held support created at the $60k region. Here I witness a breakout and pullback price action which indicates a potential downside shift toward the next support created at $51k zone. If the bearish sentiment creates the required selling pressure, we may see another hard dump towards this price zone. Watch...
NZDCAD confirmed a bearish breakout on the flag formed which is now expected to retrace or retest back towards the bottom level of support. Here we witness a nice retracement which likely to accumulate more selling pressure for a bearish trend.
NIFTY is playing inside a strong bullish channel where we witness a steady growth ever since the bullish sentiment. Price respected the previous high created on the daily timeframe. Where we might see some price action intact with the upper and lower boundaries for sometime. With a future breakout confirmation on the lower boundary, we may witness a bearish trend...
EURUSD has confirmed a hourly channel breakout on the lower boundary, which is likely to create another downside momentum in the near future targeting the bottom level of support. Here we expect a decent 50-70 Pips worth of profits with a short entry.
COIN Created an interesting bearish flag under the hourly timeframe where we may see another downside momentum. Expecting to see a breakout confirmation on the flag formed which can drag the prices toward the next support held at $194
The price confirmed a breakout and pullback on the support created with the consolidation zone, where we may witness a possible downside momentum in near future. Here I am expecting a bearish trend to be built towards the bottom level of support identified.
USDCAD Finds a bullish reversal point where the current market price confirmed a trend breakout under the hourly timeframe. Here we witness a potential bullish trend formation to the upside close or above 38% on the Fibonacci retracements. Expecting a decent long trade to generate a 30-50 Pips worth of profits.
Identified an hourly channel breakout on this pair where we may see a retracement to the downside following the bottom-level support highlighted. This level of support held close to 38% on the Fibonacci retracements. A well-managed short position might generate something in between 30-50 Pips worth of profits.