After a sharp move from lower prices in USD/CHF/ the Price has jumped from 0.84 to 0.853.
The last Upward leg had low momentum and finally reached its peak and reversed after CHF Inflation Data.
Right now the price is declining indicating the price is heading toward lower prices.
Our technical view has been shown in the chart.
If you like it then Support us by...
after a long run in the last few weeks, EUR/JPY corrected smoothly and finally gave us to jump in some trades.
if you watch closely the price has reached the daily OB and moved sharply upward, this kind of move has made a CHOCH indicating the overall correction on Daily OB has been ended and the price is likely heading upward.
Our technical view has been shown in...
GBP/AUD made a good jump from the 1.93 resistance zone.
At first glance, the move is sharp with good momentum indicating the 1st wave of the 5-wave impulse pattern.
We believe that the price will keep its momentum until it reaches 1.97(first target) and 2.00 zones.
Our technical view has been shown in the chart.
If you like it then Support us by liking,...
GOLD is moving upward unstoppable. just a glimpse on the chart shows the price is going higher and higher. by looking at the gold chart we can easily identify the Rising wedge pattern.
So are we going to sell gold? no. not right now, we need confirmation. For now, we will stay out and watch.
Our technical view has been shown in the chart.
If you like it then...
DXY finally hit our target under the 102.00 zone.
Since 1 August, DXY has dropped continuously. Right now we are looking for a reversal pattern near the 101.4-101.8 zone.
our view has been negated if the price breaks below the 100.650.
Our technical view has been shown in the chart.
If you like it then Support us by liking, Following, and Sharing.
Thanks For...
After a long correction from 1.395, USD/CAD finally settled on the 1.37 zone where the bullish OB and Fib 0.382 exist.
in our view, the price made a falling wedge (reversal pattern) with 5 legs. yesterday the price finally broke out of the falling wedge.
We believe the price will eventually reach the 1.38 zone and then 1.385.
Our technical view has been shown in...
After completing a 5-wave EW impulse pattern, GBP/AUD correction has been started around the 2.00 zone. since then the price dropped until reached 1.933 where the previous resistance exists (which made it into support after breaking).
Yesterday, after releasing good fundamental data from AUD, the price started to drop again from 1.94100.
We believe the price will...
Bearish Shadow is still chasing BTC. After a good retracement from the 49-50k zone, BTC faced some selling pressure around the 62700$. The pressure finally pushed the price to 56.1k $ yesterday. right now price action is showing us HH and LH and, we can see Liquidity above the 59800$ and FVG above it.
We believe the price will eventually reach the zones as...
After NFP data, the EUR/USD made a big move and finally ended its correction.
For now, the price will eventually reach the 1.10 zone.
Our technical view has been shown in the chart.
If you like it then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for...
in our last analysis, we predicted the gold move correctly, the price overlapped the 2450$ and moved back quickly even though the weak NFP data couldn't make significant changes.
after the NFP data, the market made a bearish candle and for now is aiming for lower prices.
For now, we are expecting the price to move in the C wave. In this case, the final wave will...
In our last analysis, our prediction played well, the DXY corrected to 103.7, and after NFP data reached 102.7.
With the fear of recession and NFP data, We are expecting DXY to retest the 102 zones.
Our technical view has been shown in the chart.
If you like it then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer:...
In our last analysis
We warned you about the incoming correction. After that, the price corrected over 130 pip.
Right now the price is hovering around 1.08 zone. Multilayer resistance on the 1.08 zone made this level solid.
So we are expecting a good reaction from this zone.
Our technical view has been shown in the chart.
If you like it then Support us by...
in our last analysis, we predicted the gold move correctly,
For now, after a long correction, we are expecting the price correct some of the losses as B wave. In this case, the final wave will be around the 2450 area.
If you like it, then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other...
Bears are controlling CAD, in fact, there is no reason to be bullish on CAD neither Fundamental nor technical!
EUR/CAD is on a strong bullish bias. CPI data was positive and made EUR stronger.
We are expecting the price to reach 1.51 where the most liquidity has been placed eventually.
Our technical view has been shown in the chart.
If you like it then Support...
in our last analysis
We were expecting a big rally for GBP/AUD. Since then the price moved in our favor and made over +750 pip for us.
Despite weaker CPI data for AUD, we are now looking for a correction in the 1.98 zone.
Our technical view has been shown in the chart.
If you like it then Support us by liking, Following, and Sharing.
Thanks For Reading
Team...
BTC had some retracement to 65k after a dramatic drop from 72k to 53.5k.
Right now the price made a bearish engulfing candle in 8hr TF under a multiple resistance zone.
If the price makes a new lower high, probably the price will go down under 53.5k.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and...
EUR/USD finally broke out from the Dynamic resistance trend and is now consolidating above it. The Sentiment around the USD is still bearish.
The price needs some rest and correction to attract more buyers. After some correction, EUR/USD is likely heading to the 1.098-1.10 zone.
Our technical view has been shown in the chart.
If you like it then Support us by...
After a long and intense Correction, Gold made a Lower high and finally broke the correction trendline and made some upward moves. In this way, NFP and CPI data helped the price reach higher.
Right now, the price will move a little higher, after some corrections, Gold will head for the 2500$ zone.
Our technical view has been shown in the chart.
If you like it...
