Analyzing the USD/JPY currency pair, we observe various dynamics in play. The Japanese Yen struggles to attract buyers following the inaction of the Bank of Japan (BoJ) on Tuesday. The prevailing "risk-on" mood in the market further reduces the appeal of the JPY, supporting instead the USD/JPY. Bets on a possible dovish pivot by the US Federal Reserve (Fed) weigh...
PRice with double top rejection trendline break followed by an impulsive drop to the downside Wait for a pullback towards High probability zone
Hey all, so looks like a bullish day for the GBPUSD, with price breaking the hourly 50 with a decent amount of bullish momentum. As of right now price has subsequently retraced back to the hourly 50, but based purely on the way price pulled back, there may be another opportunity to get long for those looking for a more conservative approach. Over and above the...
BINANCE:BTCUSDT * the bitcoin has broken its channel on the bottom So it can continue to fall on the specified support zone.
This week on Tuesday, EUR/NZD dropped below the long-term trendline support ahead of RBNZ rate decision and monetary policy. RBNZ expects a rise official cash rate from 0.75% to 1.00%. Despite a sharp downside in the global equity space on further escalating military tensions between Ukrainian and pro-Russia separatist/Russia forces and continued Russia/NATO...
WIN | Thailand MAI Index | Price Action & Chart Pattern Trading Chart Pattern: Symmetrical Triangle Strong Momentum Breakout - possible new high Elliott 5th Wave Extension Price Action: Entry @ New High Breakout supported with strong momentum with Rising Window Bullish Candlestick Indicator: > RSI: Bullish signal cross up MA line > MACD: Golden cross way above...
Looking on the HTF, we can see an opportunity for GJ to continue its course to 158.000. Here we will be entering a new zone where we could see price continue to remain bullish. Will be entering a long position at Higher Volume Periods if price continues to its uptrend. (0700 UTC)
Hi everyone: Here on USDSGD, there's potential opportunities for a bearish continuation to happen. We can see after a strong bearish impulse phase on the higher time frame, price begin to correct within a larger expanding correctional structure. With a few swing highs and lows, price had a move up, but failed to continue higher. with any further bullish...
The market appears to have formed an inverted head and shoulders setup, which presents a potential upside movement. We have a broken out resistance above 34k, and price is likely to retest a previous resistance ~ current support, before presenting further confirmations for upside movements. All in and all looking pleasant for an upside movements towards 35k.
TSLA has been down almost 40%, though it's still the superstar of this round! Weekly: bullish structure still holds. Daily: two warning signs: 1) short-term MA crossed over mid-term MA. 2) Price seems to close below long-term MA today. 1H: The steeper angle suggested selling pressure. In order to reversal the downtrend, price has to do following things no...
Buyers will be strong once market reach to the support line
EURAUD recently broke a strong level of resistance on the daily time frame. Now we see the pair coming back for a retest on the broken zone. I see bullish momentum building up on this zone.
The Etherium is best and powerful cryptocurrency and if you want to investment your money then you must to know future in hand of Etherium. Because thousand and thousand projects creating by Etherium. Then you must to keep some Etherium inside of you pocket. The Etherium made double BTM and the tp can be 1373$ based on price action. Good luck
Hi everyone: I have been patiently waiting for the correction to complete on GOLD for the next down move. We see the sharp down move from the top, and a deeper correctional structure developed. Latest price action saw the bearish down move, broke out of the structure. As always, waiting for the next lower time frame continuation structure to enter is the...
well, we seem to be on a moon shoot, absolutely obliterating any notion of a range, Monday could potentially be a very happy one indeed. we may get a potential set up for a long if we have further confirmation. 1.13380 is my area of interest if we get a nice tight bit of price action to this level I will surly be setting an entry Long. potentially markets could...
Hello Guys and Community! Check out my Long term analysis on Facebook Facebook flies us up and is in the range of very important long-term key levels. In terms of fundamentality, Facebook looks very decent. It has minimal indebtedness, high capitalization and sales, it is worse with Book / Sh (36.94) which is not completely in balance with the value of the...
Price reversed from top of horizontal channel and has the potential to reach the bottom of the channel towards the demand zone.