GBPNZD is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone. Now the price is trading within the bearish flag and seems like it getting ready to break it. Will the sellers took benefits from these bearish confluences?
EURAUD is trading in descending channel pattern and recently it seems like the sellers are bit exhausted now and bullish take the charge and has given breakout of the channel. Currently the pair is forming support at 1.6550 level, and it seems like bulls are getting ready for another leg high. What you guys think of this idea?
USDJPY was trading in rising wedge pattern till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline of the wedge. Now the price is retesting the broken trendline and broken support level. it seems like the sellers can attack again this bearish confluence. If the sellers takes charge...
ARBUSDT is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell. if the sell pressure continues, the next target could be the back to lows at 0.7400 region.
TONUSDT was trading in descending parallel channe and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 2.08 region. Will the bulls take charge again continue for leg higher?
TRUUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.0440.
STMXUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.0080.
AUDJPY was trading in bullish structure till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline. Now the price is retesting the broken trendline and broken support level. it seems like the sellers can attack again this bearish confluence. If the sellers takes charge again, the next...
Let's think beyond technical analysis and consider what Gold is likely to do. We all see it's at a support level, and we're expecting a correction after a 1000 pip drop. In the long term, it's in a descending channel, and to reach the channel's resistance, it needs to rise to 1880, which is 600 pips away. So, two questions arise: Is it that simple for Gold to...
We have seen that since yesterday, the market has been moving between 1830 and 1816. It has not been able to break the support at 1816, and neither has it been able to break the resistance at 1830, because 1830 is a strong resistance and 1816 is a strong support. If the current market is running at 1822, then the market may go up a little. From 1830, the...
Yes, let's see what the trend of the market is. We see that the market is running exactly as it was yesterday because neither the market has yet broken the support at 1816 nor the resistance at 1830. Seeing that the market is currently at 1823, we believe the market will go up a bit. If the market fails to break the 1830 resistance, then it will come down...
YGGUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle. If the breakout sustain to upside the optimum target could be 0.25 followed by 0.2670 What you...
GBPNZD was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 2.04 region. Will the bulls take charge again continue for leg higher?
XAU/USD FUNDAMENTAL BACKDROP Gold prices are trading lower for the 8th consecutive trading day as the US dollar remains bid due to some hawkish Fed commentary as well as an upside surprise on yesterday’s US JOLTs job openings statistic. Once again US labor market strength has been reiterated through jobs reports and will surely add pressure from a hawkish...
NAS100 is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 0.38% Fib retracement level. If the sell momentum continues the next target could be 14400 followed by 14000 region. What you guys think of this idea
Sell GBPCHF Triangle Pattern GBP/CHF - M30 Chart - Triangle Pattern Formation. its good chance to sell today. Thank you
We have seen that the price has been going down continuously for the last several days, and yesterday gold reached $1820.00, which has pulled back a bit and is running up to $1826.00. Our resistance is 1830 if it crosses it next. Our resistance is 1835; we expect gold to bounce back from 1835 and come down; and our target is $1816, $1809, and $1790.00. Apart...
GOLD is repeating the same pattern as he repeated back in OCT 2022. gold is hovering around very important support 1806. And it seems like bulls are waiting for this level to hit for another aggressive move to upside. if bulls take the charge then 1st easily achievable target could be 1925.