USDJPY is trading in bullish parallel channel and completed the AB=CD pattern within the channel. After pattern completion the pair is lacking bullish momentum starting to change its direction from bullish bearish and seems like bears are taking control. If the bears continue to took control , their next target will be 140.80 region followed by 140.
MAGICUSDT is showing some good bullish momentum. As the price is still under bearish trendline but it seems like the price is at verge of breakout. Currently the price is getting strong support from previous broken level. If price close successfully above 0.8230 level, which is the breakout of declining trendline, you can trade it with buy stop.
NZDCAD is trading in bearish trend and respecting well the bearish trendline. Recently the price is retraced to 38% Fib, after bearish move. Now it seems like the pair is getting ready for another selloff. As it is showing good bearish signs from resistance area.
TRXUSDT has completed AB=CD pattern and form support zone. Currently the support zone is being sustained with strong bullish divergence. but price is still below the long term declining trendline. If the price gives healthy closing above falling trendline, it will be a nice buying setup.
BCHUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone. Now the price is with in the flag and seems like it getting ready to break it. Will the sellers took benefits from these bearish confluences?
NZDUSD is putting multiple bullish confluences. The pair has completed AB=CD pattern and now trading at strong support area around 0.6070 region. Previously bulls took charge from this level and made a ride of around 340 pips. Will the bulls took control from this level ?
EURGBP smoothly playing the technical levels. Recently it break through range around 0.8590 region and now it retesting the broken level and still respecting the inclining trendline. Will the pair hold above the inclining trendline and buyers once again took benefit from these confluences?
SUIUSDT is under sell pressure and perfectly following the channel highs and lows. As the instrument break the through support area, a retest of broken support around 0.6140 region will be another better sell option. What you guys think of it will SUIUSDT give another sell option ?
USOIL is in enormous bullish trend and best thing to do in such cases is just ride the trend. As the commodity is correcting a bit which technically giving a buy option for another leg up. What you people think of it ?
NZDCHF is in fine bearish trend and smoothly following bearish channel. Recently the pair has created a rectangle pattern and now break through the rectangle as well, suggesting more downside is on table.
NASDAQ showing bullish setup from different bullish confluences. As in longer perspective index is in bullish channel. Within bullish channel it has formed bearish correction which coincide with recent broken level and now a retest. Will bulls took benefit from these levels ?
GMXUSDT is trading in bearish channel and smoothly following technical pattern of break and retest of structure. currently the instrument is retesting the broken support level and seems like it is getting ready for another sell off.
HOOKUSDT was trading in bearish trend and now has given the breakout from declining trendline. currently the price is creating support zone around breakout region, 0.9395, will the buyers attach this region and push price even higher?
GBPJPY is trading in wide range of 400 pips and the Pair near the horizontal and vertical resistance. Near any resistance need bearish rejection for good down side move
DXY is looking in nice bullish momentum and continuously breaking through the major levels. Following the breakout retest pattern. Recently it break through 102 level. If it successfully retest this level it will be a nice bullish momentum.
GBPAUD is in enormous bullish trend and it is still looking for upside amid to weak AUD. currently the price is retracing to 50% fib level and also respecting bullish trendline. Will the bulls again attack this zone for another leg up ?
AUDNZD is trading in long term bearish channel and respecting well the highs and lows of channel. price formed temporary small bullish channel within large bearish channel but failed to sustain. Currently the pair is retesting the broken support level and it seems like the pair is heading to further downside.
EURNZD is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. At the resistance level, there is a nice confluence zone to short the market.