In the 4H chart, we can see the CADCHF is bearish, In the 1D chart, we can see the price is ranging between 0.7600 at the top, to 0.7400 at the bottom, for now, there are 3 scenarios that we Should wait for, 1 – If the price reaches the supply above, it will be a great opportunity for sell position, the target for this position is the demand below, 2 – If the...
For yesterday we were more supportive of the buyers, but their strength didn’t last long. The sellers were able to correct the growing movement and eventually, Dax moved sideways. We closed at 12 064. The last trading hours were absolutely without volatility. Important zones Resistance: 12 142 Support: 12 064, 11 958, 11 922 Statistics for today Detailed...
In this 4H chart, we can see that the SPX500 is still bullish and the price just arrived into the support zone which is a critical level. If the price breaks out the support, then it will indicate that the Bullish momentum has ended and the price now becomes bearish. That support is also the neckline of the Head & Shoulder pattern. In order to complete the...
The left chart on the picture is the 4H chart, in this chart, we can see the USOIL price is between two critical levels, at the moment, where the price is now, there is no clear opportunity for Position, unless the price will create a new supply or demand, the next level to buy USOIL is the demand below and the next level to sell is the supply above, the demand...
After closing the gap yesterday, we saw yet another strong selling. Bears dominated till the session end and bulls had no chance whatsoever. The session closed at 12 034 which is now an interesting support level. Important zones Resistance: 12 146 Support: 12 034, 11 958 Statistics for today Detailed statistics in the Statistical Application Very low...
As we can see, the USDJPY has just started to develop a bullish momentum by breakout the last high of the recent bearish momentum, as the price is bullish for now, it will be wiser to look For a reason to buy, the demand below seems like a great level for buy position, on the first touch of the price at that level it’s the right time to buy, the first target will...
Friday’s session hasn’t really seen much success from the statistical point of view. There were increased probabilities for breaking of Thursday’s high and two support levels nearby to add to the hypothesis. Dax turned downhill on a very lazy pace, buyers reacted with a very slight correction at the first mentioned support level and the second support level hasn’t...
As we can see, the AUDJPY is in bearish momentum, the price went down almost 500 pips in that bearish momentum, also, we can see a clear divergence between MACD and the price, as we Know, that divergence indicates that the price losing power and the bearish momentum is about to end, now, besides the divergence, we waiting for the price to break out the resistance...
If we look at the 1H chart, we can see the EURGBP is in strong and long bullish momentum, the indication that this bullish momentum is about to end is the combination of the supply above and The CCI indicator divergence, on the 1D chart we can see the price is just about to hit the supply above, this supply seems fresh and it’s the first time the price will touch...
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Yesterday’s session corresponded with our analysis. After the open, Dax began to descend towards the support at 12 946 where we haven’t encountered any buyers and the price continued lower. Later in the NY session, Dax unexpectedly jumped up and today we open with a descending gap. Important zones Resistance: 12 097, 12 190 Support: 11 917 Statistics for...
For the long terms, XAUUSD is in bearish momentum, However, below us, there are two great and fresh demand levels with a great potential for buy position, each one of them looks really strong Level, if the price reaches the demand below I’ll buy there, the stop loss order will be just below this demand and if the price will breakout the demand and hit the stop...
As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a...
As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a...
What do you guys think about the ETH spike? Do you think the market back to bullish or it’s just pump? Comment below, all comments are highly encouraged:)
For the long term, the DAX index is in bearish momentum. On the weekly chart, we can see clear head & shoulders patterns at the top. For now, the price is just back to the neckline of the pattern that broke out in October 2018. In the 1H chart, if we look for a reason to sell, it will be the supply above which is where the price fell down with a gap a week ago....
As we can see in the 1H chart, GBPJPY has started this week with almost 100 pips gap down and continue with a downtrend of 400 pips, if we look for the reversal signal, it will be the Resistance Zone, if the price will break out the resistance zone it indicates that the bearish momentum ended and it’s the time to look for buy position, Therefore, if the price will...
In this 4H chart, we can see that GBPUSD is in bullish momentum, it seems that nothing can stop the price at least until the price will reach the resistance above, we can see that the demand Below is also the 0.50 Fibonacci level of the recent uptrend, the combination of the demand and the 0.50 Fibonacci makes that level a great level for buy position, the...