USDILS.. Important levels & Trend lines In light of the continuous and repeated raising of US interest rates, we most likely expect an upward strength of the US dollar, and in turn, the stability of the USDILS pair above 3.40 levels will push it to achieve more gains, especially in light of the current Israeli conditions, and the news that talks about its...
Something big is cooking up Euro about to break out against the Israeli Currency.
The shekel has been one of the strongest currencies throughout the pandemic while the central bank of Israel has tried numerous policies to lower its value. The strong currency is destroying the expensive technologies Israel sells abroad. At the crossroad between Africa, Asia and Europe Israel has seen its standing improve and countries across the board are...
☑️USD_ILS is trading in a textbook like bearish wedge And while a move Up inside the wedge is still possible I am expecting a bearish breakout and consequent move down Until the pair finds support SHORT↘️ ✅Like and subscribe to never miss a new idea!✅
I'm not gonna explain the fundamental data of the company for a long time, but I will say briefly that if you look at the dynamics of changes in the company's data, you can see a stable growth of the EPS indicators and a gradual moving towards a positive P&L. It is also indicative that with the huge fall of markets last week, the company did not “fly down” after...
I have been looking at this for a week or so and it is getting close to short area. You can see the trendline I have at the top there. Have an alert set on that, once it crosses that price it is in extended area, will look for it to turn there and pull back. Long term this will head to 4. Can be played with BTC and massive margin @ bit.ly ........ ........
USDILS has made its new Higher Low (Highs/Lows = 0.0000) on the secondary formation on 1D, which is a Rising Wedge. The primary pattern remains a long term Channel Up (RSI = 57.452, MACD = 0.015, B/BP = 0.0069). We are taking this opportunity to go long, TP = 3.744410.
The situation on the USD/ILS charts is initially hard to understand, as the already broken patterns are still drawn on the chart. Namely, the previously active ascending medium term pattern is still observable on the charts. However, one should concentrate on the new medium term descending pattern. In the borders of that pattern a junior channel up pattern has...
After the US Dollar reached new heights against the Israeli Shekel, most patterns could be observed as broken. That fact pushed for a larger review. It was discovered that the currency exchange rate is surging simultaneously in two ascending pattern. The dominant pattern has the form of an ascending wedge. Meanwhile, there exists a junior medium term ascending...
ABCD PATERN WITH optional flag to 3.77 SL at 3.6 who seems to support
Could go either way, but opportunity to trade the volatility within the triangle.