Evening Traders,
Today’s analysis – BNBUSDT – trading at a clear resistance where a rejection is plausible,
Points to consider,
- Price Action corrective
- Daily S/R Resistance
- Int Daily S/R Support ‘
- Pull back objective
BNBUSDT’s immediate price action is trading at a resistance, that being a key Daily S/R level, this allows for a bullish bias.
The...
Evening Traders,
Today’s analysis – DOTUSDT – trading towards a key resistance where a rejection is plausible,
Points to consider,
- Price Action Impulsive
- Monthly S/R Resistance
- .786 Fibonacci Confluence
- Daily S/R Objective
DOTUSDT’s immediate price action is trading towards a clear resistance point that has technical confluence with the .786...
Evening Traders,
Today’s analysis – GOLD- trading above Daily S/R where a retest is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
(.382 Fibonacci Confluence)
- MA Golden Cross
- Oscillators Bullish Control
GOLD’s immediate price action is impulsive above Daily S/R, a retest will allow for a long entry.
The Daily S/R is in...
Evening Traders,
Today’s analysis – USDJPY- tested long liquidity with a bounce probable towards Daily S/R,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(Long Liquidity tapped)
- Daily S/R Resistance
(.618 Fibonacci Confluence)
- Climatic Volume
USDJPY’s immediate price action is impulsive above long liquidity and Local S/R, this...
Evening Traders,
Today’s analysis – XLMUSDT- trading in a defined descending channel that is likely to break bullish,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
(.618 Fibonacci & 200 MA)
- Daily S/R Objective
- Declining Volume
XLMUSDT’s immediate price action is trading in a bearish market structure until proven. This will only come...
Evening Traders,
Today’s analysis – CADJPY- closing below Daily S/R where a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- .382 Fibonacci Support (POC Confluence)
- RSI Bullish Control
CADJPY’s immediate price action is impulsive under Daily S/R, being a strong level, a retrace and hold of the .382 Fibonacci...
Evening Traders,
Today’s analysis – CRVUSDT- establishing a confirmed trend change from is local double bottom, further upside probable.
Points to consider,
- Price Action Bullish
- Daily S/R Support
- .50 Fibonacci/ 200 MA ( lower high region)
- RSI Bullish Control Zone
- Volume Influxes
CRVUSDT’s immediate price action is bullish above Daily S/R,...
Evening Traders,
Today’s Analysis – MATICUSDT- trading in a falling wedge pattern where a break bullish is probable.
Points to consider,
- Price Action Apex
- Local S/R Resistance (.382 Fibonacci Confluence)
- Daily S/R Support
- Oscillators Neutral
- Low Volume
MATICUSDT’s immediate price action is trading in an apex, a break will be imminent. The...
Evening Traders,
Today’s analysis – USDCHF- currently trading back within its apex where a break will be imminent,
Points to consider,
- Price Action Higher Lows
- Daily S/R Resistance
- 200 MA Support
- Oscillators Divergence
- Price Apex
USDCHF’s immediate price action is establishing higher lows and higher highs. This allows us to have a bullish bias...
Evening Traders,
Today’s Analysis – NZDUSD – trading in a rising channel testing its median, a test of daily S/R is probable.
Points to consider,
- Price Action Channel
- Channel Support Confluence (.50 Fibonacci & 200 EMA)
- Daily S/R Resistance
- Oscillators Diverging
- Low Volume
NZDUSD’s immediate price action is trading in a clear rising channel...
Repost**
Evening Traders,
Today’s analysis – USDJPY – Prices action is projecting down in a descending channel , until broken, price is likely to continue trading within two boundaries.
Points to consider,
- Trend bearish (consecutive lower highs)
- Daily S/R breached (Resistance)
- Oscillators equilibrium
- Low Volume
We can conclude that the immediate trend...
Evening Traders,
Secondary analysis – NZDUSD – respecting daily S/R with a range deviation, price is likely to test lower levels.
Points to consider,
- Bearish price action
- Daily S/R resistance
- 200 DMA support
- RSI bearish divergence
NZDUSD is likely to respect range high due to its recent bearish price action. Breaking impulsively back into range...
