EURUSD is still digging lower, recently attacking Sellside Liquidity in the form of relative equal lows and a Monthly low. On the Weekly timeframe there is nothing that piques my interest. Price has been going from PDA to PDA on its way down. I still anticipate it heading low for more relative equal lows, which coincides with my bullish bias for the DXY.
Hello ladies and gentleman ,According to my analysis of IAM ,I see that buyers return to push the price to our major levels 113 -143 "+40%",which is supported by a big bearish volume that indicates that we may see a reversal in the coming days ,also we will be looking for buying opportunities if we got a good confirmation in the levels between 88-94,that's why...
The CBOT EMINI DOW JONES INDEX is showing bearish structure. An extended downside move is expected to take place after the breakout.
Hello traders, we want to check the XAUUSD chart. The price has broken the ascending channel to the bottom and pulled back to the key level indicated. If the price can stabilize below this level, we expect it to fall around 1915. Good luck.
Hello traders, we want to check the CHFJPY chart. The price has broken the ascending channel to the bottom and pulled back to the key level indicated. If this level can play the role of a resistance level and maintain the downward trend of the price, we expect the price to fall to around 161.950 and if it can break this level, the next price target will be...
After the completion of the 5th leg, the US DOLLAR is expected to reverse direction to the downward.
Borg Warner Inc. (BWA) presently approaching meaningful channel support, able to absorb monthly selling pressures. From here (BWA) can gain bullish momentum and push back to the channel top, eliciting gains of 20% over the following 2 - 3 months. A weekly settlement above a key level would accelerate this potential move. Inversely, closing below channel...
FedEx Corp. (FDX) presently testing meaningful support, able to absorb weekly selling pressures. From here, (FDX) can gain bullish momentum and turn higher into later year, eliciting gains of 20% over the following 3-5 months. Inversely, if a weekly settlement below this support level occurs, (FDX) would be placed into a sell signal where losses of 20% would...
My analysis of the ETHBTC chart suggests that there will be no Flippening, neither soon nor ever, an idea which I hope you will challenge with tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best. As always, I strive to render these ideas of mine so obviously that their explanation will...
Dollar Index is currently testing a significant resistance cluster 104.85 - 105.50. The reaction of the price to that area will determine a further direction of the Index. Bullish breakout of that and a weekly candle close above will confirm a long-term bullish reversal, with a highly probable consiquent bullish rally. Alternatively, watch a rising parallel...
FX:EURAUD is very Bullish Adjust your stop dynamically when in profit... ----- About the analyst: Gerald Mann was born Mr. Peiman Ghasemi on February 16, 1988. After a long while of diplomatic cooperations as an adviser to Barack Obama, and as a veteran; but, finally, unfortunately he got deported from Turkey to Iran. While, in fact, he was praised by Barack...
EURSGD started consolidating at the beginning of September and then broke below this range 14 days later. Price retraced back to the lower boundary of the previous range and is currently holding below. This is a good indication that selling pressure remains strong. As long as price is holding below this range, a swing trade potential is possible.
Increase in price, EURUSD will return to resistance of 1.09428, however sustained break of 1.06465 - "support" will have a bearish implication, however, price is currently holding at current support and showing some bullish momentum below , the price is predicted to rise, when we look at the overall movement, we can actually see that the EURUSD is moving in a...
We maintain the same bearish outlook on aussie.After the A,B,C correction, market is expected to resume its downward toward the target zone.
Liquidity was found during previous day Early hours of London Session. Direction: Wait for confirmation in Smaller Time Frames to go long Credit: Usmansada
Finally got another break above last week's h4 candle from 9-15-23. This should be a nice buy up to around the monthly highs from Oct/Nov 2022 but tp1 is always the safest. Be careful today with FOMC/Fed Interest Rate Decision. Enjoy!!!
There are many considerations that can be made about Gold, and today we share some of them. In this geopolitical and economic context, Gold is an important pawn on the chessboard. If we want to understand where the price could go in the coming months, we need to understand why we got this far today (as I write the Spot price is 1925). 💡 What is really supporting...
The current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have...