Bullish trend MACD crossing up with RSIMACD & RSI crossing up, had a strong day today, there could be a strong rally in the next few days.
Centered Oscillators
Strong Rally Ahead for AZUL!Been following this for a few days, MACD and RSI heading up, seems like its leading the sector and had a really strong day today.
Technical buy off supportThe pair is finding support at a previous pivot. MACD and signal have made a cross with RSI gradually exiting oversold zone. Volume for both currencies are high with CAD having slight edge.
TP as shown as chart. A MACD divergence may lead to support breach and SL to retest lower support.
Please comment with thoughts and ideas. Thank you.
Current buy sentiment with potential sell forecast. Currently the pair is finding support at a major level. For a safe entry point off support to avoid unexpected swings I will place a buy stop at 116.500 with a take profit at 117.700. My personal sentiment is for a buy.
On the contrary a significant breach and close out below 116.000 will sentiment towards a 113.800 sell retest.
Given chart pattern if entry rules are followed whether it’s a sell or a buy will result in profit.
My indicators are set for a clear pivot into a buy with RSI making a pivot at the oversold zone and MACD/SIGNAL attempting to fan outside of histogram bins that signal low volume sellers for a cross heading towards 0 line.
Please comment with thoughts and Ideas. Attached is a previous premium price action forecast that was spot on. Thank you.
EURNZD direction forecast The pair is at a key resistance. I am looking for continued rejection to drop to next key support as shown on chart. A retest of the top support is possible before a drop. A break through top resistance will sentiment towards bullish trend continuation.
MACD and RSI are in their pivot zones for a reversal but also have much room for a takeout and continuation. My entry will be a MACD signal cross with strong rejection.
Please comment with thoughts and ideas and make sure you read my forecast thoroughly. Thank you.















