This 15m chart is all about the current short time downtrend of the EUR/USD. It started to fall from the 4th December of 2020, and after that, it initiated to rise from the 9th December of 2020. Hurdle : 1.21001 (Key) If it moves under the hurdle level, it will touch the following level 1.20840 - 1.20760 , but if the trend crosses the hurdle upward, the...
It's a daily chart of NZD/USD. From the 19th of March 2020, it started to rise and still moving upward. For an easy understanding of the trend, I have applied the DMI and SuperTrend. Let's take a look at indicators, DI+ is above DI- that means the trend will continue to move upside. ADX is greater than 25, which also indicates the upside movement. Now talking...
Here, showing an uptrend of EUR/GBP. It's in the making process of three peaks pattern. Two peaks are completed, and the third one is remaining. If the trend breaks the support line, then the stop loss will be 0.8986 . But if it does not break the support line the targets for the third peak are 0.9100 - 0.9136 .
EUR/USD is moving upward. And made a flag pattern. I have used indicators to make it easy to forecast. The trend will hit the following targets 1.21782 - 1.21794 - 1.21810 .
It's an hourly chart of USD/JPY. The USD/JPY is trying to make a structure of the double top pattern. But rightnow, we can't call it a double top pattern. If it crosses the neckline then, it will become a double top pattern. To touch the neckline, it has to cross 104.26 . I have applied the indicator (RSI), which indicates a fall. But what if it continues to...
It is the AUD/USD 2hr chart. At present, it's rising by taking the support of the minor support trendline. The trend moves the same as the previous then, it will touch the following targets 0.7390 - 0.7422 . But if we analyze the trend, it's trying to break the minor support. RSI also shows the downtrend. So, if it falls, the trend will reach the following...
USD/CHF is collapsing, which may try to recover the loss. Short-term investors can buy nearby the strong support channel for the targets of 0.9000 - 0.9060 - 0.9110 . At present, I don't recommend to sell at this point. Day traders can sell below the support trendline but after consecutive two or three red candles. I will update the downside scenario while it...
Here, presenting the EUR/USD 15m chart. To make it easy to understand, I have used particular shapes and an indicator. ADX is less than 25 , which means a downtrend, but DI+ is above DI- which shows an uptrend. If it crosses the support line, it will fall up to certain levels 1.2090 - 1.2076 - 1.2060 . But if it does not break the support line, then the...
Here's the hourly chart of GBP/USD. GBP/USD is moving upwards currently. I have applied the moving average of 20 and 50 to forecast the future of the trend. There is a symmetrical triangle also. If the trend crosses the support trendline and reaches 1.3286 and crosses this level too, Then it will reach 1.3252 . But if it moves upwards, it will touch ...
Here, I am presenting USD/JPY with a pitchfork to assume the next step. At 103.90 there is a hurdle . At present, the trend is moving sideways. But if it crosses the hurdle(103.90) , then it will touch the following targets 104.06 - 104.26 . And if there is a beginning of fall, then the targets for the intraday traders will be 103.56 - 103.26 .
The EUR/USD made an Elliott wave . By following the RSI, Bollinger Bands, the conclusion we can have that if the trend remains over the parallel channel, then there will be an uptrend up to 1.1892 - 1.1906 . And if it's a consecutive candle breakdown a parallel channel, there will be a downtrend and reach the following targets 1.1860 - 1.1844 .
It is the hourly chart of EUR/USD. It is an uptrend. Whenever it crossed the dynamic resistance and made a tail , the trend falls. And whenever it crossed the support trendline to make a tail , there is an uptrend ahead. Here, it's crossed the support trendline. Therefore, there will be an uptrend to the following targets 1.1920 - 1.1886 .
AUD/USD is indicating a fall right now. The trend crosses the support trendline, and it will touch the following targets 0.7306 - 0.7296 . Overall it's an uptrend. After a fall of short period, there will be a continuation of the uptrend.
At present, EUR/ASD's downtrend is moving sideways between the resistance and support. The trend will continue this movement, But if it crosses the support trendline, it will touch the following targets 1.6166 - 1.5960 . There is a possibility to touch the 1.6300 if the trend hits the support trendline and takes a U-turn. Stoch RSI indicates that there will...
This chart of NZD/USD shows the uptrend. There is an Elliott wave. In the third wave, there is a symmetrical triangle . After the fifth wave, there is an ABC correction, and C must be between 0.68820-0.68670-0.68585 .
BTC/USD made a symmetrical triangle. Currently, it's crossed the upper descending trendline (resistance). But if it crosses the 15810 , there will be an uptrend. And it will touch the following levels 16420 - 16670 . But if BTC/USD starts to fall, it will fall to the following levels 15025 - 14901 - 14740 .
The uptrend of XAU/USD has made a bullish Elliott Wave. In the fifth wave, there is a diagonal, and ABC correction is remaining. It will fall for a short time to make the ABC correction. The targets for the intraday traders are following 1952 - 1946 - 1936 . If the gold retests 1965, then it will start to rise again for the levels of 1976 - 1982+
Crypto is making the Elliott wave pattern, but ABC correction is remaining. We can assume the A point around 378.60B , and B point near 426 , and the C point will be around 320 . After that, there is a high possibility of reversal. The third wave includes a diagonal triangle.