Prices just retested and rebounded from EMA 200 days.
We are preparing for a potentially strong dollar as prices could rally upwards from the important moving average.
In addition, price structures are also showing higher highs and higher lows, further indicating a potentially strong upwards movement for DXY.
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS,...
FCPO formed a bullish gartley in the hourly time frame.
There is a high chance the market may move upwards and retest previous structure highs.
However there are no guarantees in trading. Hence stops can be considered at 1,960 and below, which is the X leg of this gartley. A close below this 1,960 will kill off this bullish gartley.
DISCLAIMER: ABOVE ARE...
Today FKLI's buyers start slowing down at mid-point resistance level (1651 level) .
If buyers failed to breakthrough 1651 resistance level, we could see price retrace to 1635 level.
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS, IT'S NOT A BUY/SELL CALL AND DOES NOT CONSIDER YOUR RISK APPETITE.
In 1 hour chart FCPO considered ranging. Here are support & resistance levels worth your attention : 1994 support level and 2116 resistance level.
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS, IT'S NOT A BUY/SELL CALL AND DOES NOT CONSIDER YOUR RISK APPETITE.
Uptrend momentum game still going strong if price sustain above 1.119 level. With uptrend target as describe at chart above.
Defend level is 1.113 price level... be caution on this level!
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS, IT'S NOT A BUY/SELL CALL AND DOES NOT CONSIDER YOUR RISK APPETITE.
