Eurusd The Eurodollar has retraced slightly from the lower border of the channel and is trading between the support and resistance of 1.17.
I expect a deeper rollback, therefore, if the price goes beyond the level and consolidates above 1.17, then we can expect an increase to the resistance of 1.175
I believe we rise from here.. the weekly pivot we are testing. and during the week reach the H3 just over 2k. When this monthly closes it will have a steeper retracement to low 1700 area.
Using weekly and monthly camarilla pivots and CPR
Ignore the time scale. I expect the bounce in the coming week. and the fall on or around monthly close
After a daily closure, EURCAD sellers can aim to conquer the 1.5140 and the 1.5105-1.5100. However, the downside of pairs below 1,5100 could find it difficult to break the 11-week ascending support line at 1,5020 adjacent to 1,5000 psychological magnets. Assuming that the Bears refrain from complying with the 1.5000 mark, the 1.4950 mark, the...
The pair NZDCAD approaching a definitive bearish zone with a breakout and yet to form an impulse.
And I believe that the breakout point must be the good selling point for a nice profit count.
Presently, the market printing the price range at 0.89535. For this pair, it was the previous trend resistance point that’s why the price got stuck here for a...
The XAUUSD hitting the lower limit of a strong parallel supports.
I'm expecting the price will jump-off from there.
In the chart from way back, the signals moved evenly in sideways.
At 1304.277, the market got broke out and turned the trend towards down.
After a change in trend, the chart printed an impulse to catalyze the conversion process.
In the chart, signals nicely jump off from the support and entering into a possible pullback area.
But the price is not creating a trend reversal.
In a day time-frame, at 0.78523 the market got a pullback and reversed the trend to down.
After the pullback, it forms an impulse to keep the reversal process in a constant form.
Back to back impulse...