The CHF/SGD exchange rate has been trading in an descending channel for a week now. This gradual decrease in price began when the pair reversed from the upper boundary of a medium-term ascending channel at 1.4180.
As it apparent on the chart, the pair is being supported by the 55– and 100-hour SMAs on the 1H time-frame. It is expected that the pair breaches ...
The Turkish Lira has been depreciating against the US Dollar in an ascending channel since the middle of August.
Currently, the rate is being supported by the 55– and 100-hour SMAs on the 1H time-frame. Given that technical indicators flash bullish signals both in the short and the long terms, it is expected that the pair could go to the upper boundary of given ...
Like some feedback. Ive had it up on my chart like this for a few weeks now... I Like to think this is whats happening longterm, and it gets me in a good mood when I start charting. Just wanted to share that with you all
The EUR/RUB exchange rate has been trading in an ascending channel for two weeks now.
As apparent on the chart, the Euro has reached a resistance cluster formed by the combination of the 55–, 100- and 200-hour SMAs near the 79.00/20 mark. It is expected that the rate eventually gathers the necessary momentum to breach this resistance.
It is the unlikely case that ...
Price showed a strong rejection of the Daily resistance area around .7950.
Expecting further decline to next area of support at .7775.
Simple break & retest entry with multiple confluence factors.
Looks like that old support has turned into new resistance. I'm going to wait and see where this goes before making any moves. If it can break past the resistance around 0.000225 then I may enter a position.
XAG/USD on weekly
hunting the floor here and looking for a reversal, vix fix showing clear market bottom for weeks now
momentum is still on the downside shown by the cycle of power, we could as low as $14
a USD rally will force the price lower towards $14 but if USD/DXY starts dropping towards low 90's we can get a good mid-term long trade ...