EURCAD has formed a wide range of over 100 pips. Sometime ranges are good phase to trade , just sell the top and buy the bottom. As the the EURO has fall sharply to support zone with bullish divergence, it seems like now is the time for bulls to take control. What you guys think of this idea?
AUDNZD 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 1.0842 followed by 1.0880.
AKROUSDT is in good bullish momentum and respecting very well the bullish trendline. Currently the price is retracing previous bullish leg and 50% fib retracement will be technically good for another bullish leg. What you guys think of it ?
NZDJPY was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 86.65 region. Will the bulls take charge again?
ALPINEUSDT is in good bullish momentum and respecting very well the bullish trendline. Currently the price is retracing previous bullish leg and 50% fib retracement will be technically good for another bullish leg.
HBARUSDT is trading in Symmetrical triangle. Recently the price has retracing to 50% Fib level, which is the support level from inclining trendline. There are more chances that the bulls will strike back and took advantage from this bullish confluence. What you guys think of this idea ?
PEPEUSDT is in the formation of ABCD pattern. As the pair has completed AB and perfectly retraced the BC wave and now looking for continuation of CD length. If pair head towards CD the 1st optimum target could be the bottom of B wave. What you people think of it?
SUIUSDT is getting good bullish momentum and trading in bullish parallel channel. Currently the price the making support around the support of bullish channel which is a good sign for bulls to attack the trend and send price to even higher side.
OP is forming a Symmetrical triangle.. Recently the price has retraced the bit of bearish move and now the instrument is trading at broken support which being act as a support. There are more chances that price will fall from this resistance area. What you guys think of this idea ?
CADCHF is trading at support level. recently the price has shown good bullish reaction from this level. As the price has created local bearish channel. fortunately the support of the channel is at major support level. Will the bulls attack this level.
Currently awaiting clear direction on what DXY wants to do. Lets see if this level holds, or if we continue higher. Yours truly, A
Is EURNZD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum and bearish divergence suggesting the sell pressure is about to start. What you guys think of it ?
AUDCHF on intraday perspective going some bullish outlook. As the price is in symmetrical triangle and it is printing HHs in triangle. It is looking like the price is ready to break through triangle. if breakout happens and to be hold, the optimum target could be 0.5660.
BLZUSDT is at strong support zone and showing good bullish momentum. The price is also following the local descending channel and currently the price is trading at the support of the channel which also the major support . Will the bulls attack this support and take charge to upside?
In yesterday crash solana has broke through very important support zone. As the price has retraced some of it, now it is retesting the broken support as a resistance which is also a 38% fib retracement level. Technically it is fine sell setup, will the sellers attack again?
AUDJPY is in under immense sell pressure and perfectly trading in bearish parallel channel. Ahead of weaker AUD it seems like AUDJPY is still due for another sell off. As the price is retracing a bit , will the bears attack the trend and send the price to lower side?
GBPCHF is in between bulls and bears war. As the price is still getting support from bullish trendline it is looking like the pair may get a leg higher. If the price close above 1.12400 then it can easily head towards 1.1300. What you guys think of it ?
USDCHF is trading at resistance area. Here it has also given a fake out we can see a good drop in price. In this drop we can see price around 0.86 Keep in touch we will update further soon.