We can see clearly a elliot wave forming on Dolar index, ending this retracement leg, and moving to the next expansion which will lead to 90.400 area.. let's see. This is not a trade, just a movement that will reflex on every dollar pair.. ________ Da para ver claramente uma formação de onda de elliot no indice dólar, terminando essa retração atual e se movendo...
GBPUSD is going to hit the 1.4193
As i'm not comfortable with "impulse" wave of EURUSD, XAU and since DXY didn't get the minimum target of wave 4 (0.382) fib level. we may ask our self Can we expect a return of the dollar? Let's see what hides next Monday!
I expect bitcoin to break its new all-time high in the coming days. Available on charts 1 and 2. Not investment advice.
EN- DXY, which has been bearish for a very long time, has recently been on the rise. While it's a strange situation these days where incentive packages are always and everywhere, this is the truth. Dollar index MA200, (now Daily MA200: 92.585) which it could not break for a long time, is a critical point. If the confirmation that this point is broken, people's...
Trading suggestion: There is a possibility of temporary support to the suggested trends support lines. If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: NZD/USD is in an uptrend, and the continuation of the uptrend is expected. ( I will show you zoom out in the comment ) . The RSI is at 30 Take...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7245). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
USDTRY is now below 7.0 level and in final stages of an extended 5th wave, but there's still room down to 6.75 level. However, keep in mind that bounce and recovery may occur anytime soon, but only if we se decisive break back above channel resistance line and 7.23 region would confirm the bottom.
I could draw a second channel identical parallel to the first one.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (104.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.77). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....