GBPNZD 🇬🇧🇳🇿 has recently been rejected by the Resistance. However , we ain't seeing any bounce from the trendline. Together with the upcoming swing of the ROC I expect an attempt to break to Uptrend. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
Taking a look at BCOUSD 🛢💵 we can notice that the pair managed to stay above the important fib level of 0.236. The slight spike is highly probable here as the ROC is indicating possible swing with the bounce from the 50 ma. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
USD/JPY 🇺🇸🇯🇵 was rejected by the support level and rising. As the pair has been moving within the Descending triangle we shall not expect any steep spikes and I suggest to short from the 103.720 area. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
GBP/CAD🇬🇧🇨🇦 has been moving inside the Upward channel. After the rejection of the price by the Resistance the price is pulling back and if the 50 ma support together with channel's support we can drop. However , I rather expect the price to bounce from either 50 ma or channel's support. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share...
NZD/USD🇺🇸🇳🇿 has recently bounced from the Uptrend line and 200 ma. If the price manages to break the 0.71705 Resistance level we are heading highly upward to the stronger Resistance level. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
🇬🇧🇺🇸 GBP/USD is pulling back from the Top trendline of the Broadening Wedge. The Upcoming bearish cross of 20&50 ma , together with the possible swing at the ROC suggest that we are likely to see the decline of the price. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
EUR/CHF🇪🇺🇨🇭 After the bounce from the Support the price was rejected by the Resistance for the 3rd time. We have not seen a deep pullback yet , so as the Kumo clouds , together with ROC swing rejection suggest we can have another test of the Resistance. Nevertheless , I do not expect it to be broken even this time so I expect the pullback from the Resistance...
CHF/JPY🇨🇭 🇯🇵 can bounce from the 50 ma and test the Resistance again. However , I expect the price to pullback anyway and decline down to the Key Level of 115.055 as the ROT + to - swing. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
The current technical conditions are listed below: 1. The price has broken out of the blue pennant, but has not accelerated upwards, increasing the odds that it is a head fake. 2. The price has also broken out of the black pennant, and has also failed to accelerate upwards. 3. Volume has had an inverse relationship to price for the last two months, which is a...
Nasdaq 100 futures appear to be setting up for a head fake of the pennant in progress since July. While this could potentially be the beginning of a major breakout to the upside, volume in recent weeks has continued to fall as the price has risen. Additionally, ROC indicates that momentum has not reached levels to the degree of previous attempts at the same price...
EUR/CAD 🇪🇺🇨🇦 is expected to spike after the bounce from the Bottom ascending trendline. The + to - swing at the ROT was rejected and we see the bullish cross of the Fibonacci EMAs. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
Just like Mel Brooks' cocaine high, all this green won't last much longer. - Volume has been showing an inverse relationship to price recently, a bad sign for bulls after the strong summer uptrend. - ROC is still under the zero line even after today's rally. Upwards momentum has not reappeared and should not be counted on to propel the price higher. - The...
1. Each price move of the pennant has taken approximately the same amount of time. 2. Volume has been trending inverse to price for almost 2 months. 3. RSI is still nowhere near the September high, even with the price at a new record. Disclaimer: This is my opinion. This is not advice. Trading involves risk.
AUD/CHF🇦🇺 🇨🇭 is lying above the Cuomo clouds and ROC is providing the swing. The pair is supposed to bounce from the Uptrend line up to the 0.67357 lvl If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
CHF/JPY🇨🇭 🇯🇵 is expected to decline down to the support of 113.930 lvl as we see the bearish cross of the Fibonacci EMAs and the ROC + to - swing. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
+0.6% on EUR/AUD🇪🇺 🇦🇺. As the ROC suggest the price is going to continue its rise and test the 1.63717 level. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
We see that the EUR/CAD 🇪🇺🇨🇦 still could not break the Support level , however as the price is below the Cuomo Clouds and the ROC provided us with the swing the price is expected to decline! If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
+108 pips on the CAD/CHF🇨🇦🇨🇭. The price is expected to get back inside the bearish megaphone pattern. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.