CAD/CHF is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 0.65371 which is a potential breakout level. Stop loss is at 0.64470 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 0.66733 which is a pullback resistance. High Risk...
EUR/NZD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.76798 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.76110 which is a level that lies underneath a pullback support. Take profit is at 1.77781 which is a level that aligns with the...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.66440 which is a pullback resistance. Stop loss is at 0.66830 which is a level that sits above the 50.0% Fibonacci retracement level and the swing-high resistance. Take profit is at 0.65578 which is an overlap support that...
– Tuesday Daily candle closed strong Bearish forming Daily Resistance around 2182.900. I’ll be looking for potential Buys above 2166.100 targeting previous 1h Support formed around 2173.900 and Daily Resistance around 2182.900. I’ll be looking for potential Sells below 2153.000 targeting 4h Support around 2145.800 and 30min Strong Support around 2138.800. There is...
– Tuesday Daily candle closed Bullish at 188.800 forming Daily Support formed around 188.210. I’ll be looking for potential Buys on close above 189.140 targeting 4h Resistance around 189.580 and previous 4h Support formed on 6th March 2024 around 190.040. I’ll be looking for potential Sells below 188.370 targeting 30min Support around 187.970 and previous 4h...
My dear friends, AUDNZD looks like it will make a good move, and here are the details: The market is trading on 1.0734 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0703 Recommended Stop Loss - 1.0749 About Used...
My dear friends, My technical analysis for USOIL is below: The market is trading on 77.78 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 78.63 Recommended Stop Loss - 77.29 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
My dear followers, I analysed this chart on AUDJPY and concluded the following: The market is trading on 97.118 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 97.608 Safe Stop Loss - 96.835 About Used Indicators: A super-trend indicator is plotted on either above or...
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0921 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0868 My Stop Loss - 1.0949 About Used Indicators: By the very...
GBP/JPY could fall towards a potential breakout level and drop lower towards our take-profit target. Entry: 188.070 Why we like it: There is a potential breakout level (wait for the 1-hour candle to close below 188.070 for a breakout confirmation) Stop Loss: 189.198 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.66561 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.67259 Why we like it: There is a pullback resistance that aligns close to the 61.8%...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 1.34378 Why we like it: There is a pullback support level Stop Loss: 134127 Why we like it: There is a pullback support level Take Profit: 1.35089 Why we like it: There is a pullback resistance that aligns with the 50.0%...
The Kiwi (NZD/USD) could rise towards an overlap resistance level at 0.6205 which has been identified as a pivot point. Could price stall around this level once again and potentially reverse to drop lower towards the 1st support? Pivot: 0.62056 Support: 0.61260 Resistance: 0.62706 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
USD/CAD is falling towards a pullback support level at 1.3436 which has been identified as a pivot point. Could price bounce off this level once again and potentially climb higher towards the 1st resistance? Pivot: 1.3436 Support: 1.3372 Resistance: 1.3606 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1265 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1277 About Used Indicators: For more efficient signals,...
My dear friends, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1271 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1242 About Used Indicators: Pivot points are a...
My dear friends, Please, find my technical outlook for APPLE below: The instrument tests an important psychological level 170.73 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 176.80 About Used Indicators: Super-trend indicator is...
My dear friends, SPY looks like it will make a good move, and here are the details: The market is trading on 511.77 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 502.19 Recommended Stop Loss - 517.26 About Used...