GBP/NZD is falling towards a breakout level and could potentially break through it to drop lower. Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ). Stop loss is at 2.1225 which is a level that sits above a pullback resistance. Take profit is at 2.0417 which is a swing-low...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3702 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3608 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 1.3828...
My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 112.77 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 112.16 About Used Indicators: On the subsequent day,...
My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4643 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 - 1.4696 About Used Indicators: Super-trend indicator...
Week of the 22nd April (H4) DXY: Consolidate along 106 level, look for breakout above 106.50 to get to 107.15 resistance level. NZDUSD: Sell 0.5865 SL 25 TP 60 AUDUSD: Sell 0.6440 SL 30 TP 90 USDJPY: Sell 153.60 SL 35 TP 160 (possible intervention / BoJ adjustment to rates) GBPUSD: look for reaction at 1.2340, Sell 1.2310 SL 40 TP 120 EURUSD: Sell...
1D- Let's start with the daily timeframe. We continue to observe a strictly bullish context for XAU/USD. Currently, we are within the MS Range. The obvious local target for correction is the equal lows marked on the chart. It's also important to note that if the price closes below the fractal equal lows, the context will change to bearish.
The Kiwi (NZD/USD) is rising towards the pivot which has been identified as an overlap resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5952 1st Support: 0.5870 1st Resistance: 0.6059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6486 which is an overlap resistance that sits above the 38.2% Fibonacci retracement level. Stop loss is at 0.6563 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at...
My dear subscribers, APPLE looks like it will make a good move, and here are the details: The market is trading on 176.55 pivot level. Bias - Bearish My Stop Loss - 179.03 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 171.21 About Used Indicators: The average true range ATR plays an important...
My dear subscribers, CADJPY looks like it will make a good move, and here are the details: The market is trading on 112.22 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 111.77 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0652 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 - 1.0741 My Stop Loss - 1.0601 About Used Indicators: On the...
My dear friends, Please, find my technical outlook for APPLE below: The price is coiling around a solid key level - 164.94 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 170.59 Safe Stop Loss - 161.57 About Used Indicators: The...
My dear followers, This is my opinion on the QQQ next move: The asset is approaching an important pivot point 414.64 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 - 423.93 About Used Indicators: For more efficient signals,...
My dear friends, Please, find my technical outlook for GBPAUD below: The instrument tests an important psychological level 1.9258 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 - 1.9394 About Used Indicators: Super-trend indicator...
My dear subscribers, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 192.66 pivot level. Bias - Bearish My Stop Loss - 193.33 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 191.60 About Used Indicators: The average true range ATR plays an...
My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.4675 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4658 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
XAUUSD has shown a quick rally with the conflict between Iran and Israel where we now witness a selling identified with Iran's mocking over 99.99% defense against the attack launched by Israel yesterday. Somehow the yellow metal started to recover its pump and dump by retesting one more time above the $2400 level. Here I witness a potential downward shift with the...
My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.1315 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1376 Safe Stop Loss - 1.1279 About Used Indicators: The...