SHORTS TO THE MAIN SUPPORT FOR HOURLY WHICH IS 15.800 LEVEL. AFTER SILVER WILL JUMP UP AGAIN SL AND TP PROVIDED. STOCH AND RSI CONFIRM SLIGHT DOWNTREND
A kind of double bottom is formed Rsi showing as up direction MA not yet EMA200 Ema 50 1T and 2T
AUDUSD small bullish EMA cross EMA = exponential moving average Cross of EMA5 and EMA21 in 4hr chart the first resistance met was EMA89, the next resistance is EMA233 keep buying in bullish crosses on lower timeframes, only stop if bearish cross of EMA5 and EMA21 in 4hr chart EMA21 acts as support For a real bullish move, we need cross of EMA21 and EMA233
Price action suggesting continued bearish momentum with hanging man followed by bearish candlestick, with the 200MA acting as a potential resistance zone with stops just above the fib extension at 0.618. Ichomoku cloud confirming the downtrend also. Target point 1. 107.306 break of this level will lead to Target point 2 at next major point of support at...
200 EMA above is going to be targeted, and a break above that would signify a potential long-term set up both RSI - MA show us a bullish momentum Of course keeping in mind the influence of Oil market
uptrend is ending for the hour high are being tested the stochastic is also confirming my decision.
do a buy order at 1.45552 then follow the TP AT 1.46366 AND SL AT 1.45306. the stochastic is oversold below 20, 9 and 21 EMA are being tested so they are bullish opportunities maybe apply to this the 1 hour chart for quicker results ??
I have short the EUR/USD @ 1.3807 and targeting the 1.2550 for the next week.
Price broken below 159.99 level, after showing indecision... Expecting an exsplovie move back to 158.11 area 200+ Points 1:2 + further targets?
There may be a small wedge taking place in the CADJPY. The CAD is still gaining strength, and the EMA's crossed up. This pair has a pretty good reputation with EMA's crossing, so I personally will buy this after a 15 pip drop.
Gold has found support on the daily 21 EMA. This combined with bullish medium and long term momentum and the ADX indicating a weakening bear trend leads to a bullish overall outlook.
The Cad is getting much stronger... The dollar had its time but the CAD should be taking over this week. There appears to be some resistance on the upside but a possible double bottom on the downside. Wait for the double bottom to break and then short. Also watch for the EMA's if they cross this is more signal to short, combined with the MACD Divergence there...
var tradingview_embed_options = {}; tradingview_embed_options.width = 640; tradingview_embed_options.height = 400; tradingview_embed_options.chart = 'LSRCShGH'; new TradingView.chart(tradingview_embed_options); #BTC going along support line by oVerde on TradingView.com
Please see annotated chart for details.
The USD is finally starting to show its strength for this week, and should continue to force this GBPUSD to go down. This pair dropped quite a bit below the emas even though they haven't crossed yet. This is doing what the AUDCAD did about a week ago. This pair should roll back up to catch its breath, and then drop. I expect it to run up to 1.4605, and then drop.
AUDCAD is having some trouble with the bears. Nothing to worry about because being in a trend can give some very profitable opportunities. Like this one if it continues to move downward. We all don't know if it's gonna happen but we can get a high probability out of it. Having a flag pattern or a pendant formation gives you enough information that there's a...