If you follow my analysis since the beginning of August until now, the USDCAD pair is still in accordance with the initial analysis. bullish for one full month. At present the price is close to the trendline that applies as resistance. If we pull the Fibo Extension, then the price is likely to go to Fibo 0.5 - 0.618 before the price is corrected.
Last week the price responded well to the resistance area in the red line. There has been no sign of reversal until the market closing. There is a possibility that the bearish movement is limited, where the price will continue bearish with the target in the resistance area and the possibility in that area there is resistance. If you want to do a long, wait until...
GBPUSD analysis still continued the analysis that I shared last week. The price is still seen bearish with the target in the red line area as a pretty strong support. With the movement of Dxy is still bullish, the correlation between analysis is still very strong.
Seeing Dxy's unstoppable movement, the possibility to continue bullish next week is still quite large. Where last week was still formed New High even though in its movement the price was seen that there was fatigue marked by a fairly small candle every time bullish. There is a possibility that the price will try to bullish to the QM area.
If you see the movement of gold, there is no sign of bullish, the price increases is still possible because of the correction from the bearish and next week it is still most likely the price will continue the trend bearish. I look for a strong support area and the area is also accompanying with Fibo Retracement at the level of 0.236 Previous analysis I shared on...
Analysis: Bearish Confluences Shorter term downwards trend Retesting an area of significance 31.8% fib retracement level touch Broadening descending channel patter formed Downwards trendline touch 4K long position increase for the USD Recent news for the USD has been bullish Bullish Confluences Longer term upwards trend 4K short position increase...
EurNzd is a very volatile pair and for sure is very risky to trade it in the short term, however, if you take a look at the longer picture and ignore 100+ pips usually daily volatility, you can find pretty nice opportunities. I think this is the case right now... EurNzd has been in a bull trend for quite some time and from May to August the pair formed a nice...
Analysis: Bearish Confluences Strong downwards trend Break below major support Retesting a previous key level 38.2% fib retracement level touched In a descending channel Downwards trendline touch AUD is the 2nd weakest major currency whereas the CAD is the 4th weakest major currency 14K short position increase for the AUD Recent AUD news has been...
Analysis: Bearish Confluences Strong downwards trend Broken below past major support Retesting a previous key level 61.8% fib retracement level touched In a descending channel Downwards trendline touch 4K long position increase for the USD Bullish Confluences GBP is the 2nd strongest major currency whereas the USD is the 3rd strongest major...
From a technical point of view, the trend is bearish on intraday chart, but at the same time, the FX:EURUSD pair could trigger an interesting corrective structure. That said, with a short-term bullish view, it is possible to build up long positions and try to let them run all the way to Target 1. Don't forget that the Big Bears still have open short positions....
This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
Eth is seen forming a bearish channel in a month back. still in the complex correction period. There is a possibility that the price will go down deeper.
After the last analysis last month, the price of XRP did soar and there was currently a correction period. There is a change in Elliot's notation from the old analysis. I think currently there is a zig zag correction with invalid limits under Wave II. For those of you who transact in the Spot Market, there is a chance to Long to see the current price approaching...
BTC analysis is still in accordance with the analysis some time ago. Where the price goes down to SND and is currently still continuing the bearish trend. Seen prices approaching Wave 2, had seen bullish some time ago but the price returned to the 25800 area. There is a possibility that the price drops back more than wave 2. If this occurs is likely to be fake...
The point of view of US30 analysis is that the current trend is still in a bullish state, the bearish that occurs up to Fibo 0.236 is a Swing Correction and there is a possibility that currently there will be bullish continuation
This week's US oil price movement is so constant. Bullish signal is very strong. The closure of this week finally forms a new high structure. If at this time the price leads to Wave 5, then there are several extension fibo targets that we can pay attention to. Possible prices to move to fibo extension 0.786 in the price range of 92
GBPCAD Analysis is still in accordance with the previous analysis. Seen in a few weeks the price is between 2 Snd. This pair has not yet entered the bearish criteria.
Assuming that Wave C has the same length as Wave A, then we can estimate the next target price. Fibo Extension 1 is right in the SND area which is quite positive. With the closure of the week the boss will occur, it is likely that the price will continue the trend bearish to SND