As it can be inferred from the graph, the price has managed to break the downtrending zone plotted out on the chart. Now, we are expecting the price to act according to our setup and reach the destination.
The bullish pressure has been immense so far. The price action is clean and beautiful. We are expecting the price to keep rising and reach the area of resistance identified on the graph.
The price is currently sitting on a major level of support. We are expecting the price to start rising and reach the area of previous support turned resistance, which also aligns with 0,618 Fibonacci retracement level
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...
GBPUSD broke the downtrend line price above key level around 1.3550 price also above SMA 100 MACD shows bullish momentum RSI above 50 so it's expected the bullish movement to resistance level around 1.3750
EUR/AUD Signal Market Buy: 1.59250 Stop-Loss: 1.58650 Target 1: 1.60000 Target 2: 1.61600 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3.9
EUR/USD Signal Market Buy: 1.15480 Stop-Loss: 1.14900 Target 1: 1.16100 Target 2: 1.17000 Stop-Loss: 58 pips Risk: 0,5% Risk-Reward: 2.62
The price looks super bullish and we are expecting that it will keep rising and reach the area identified on the chart
The sentiment of the market is bullish, as it can be inferred from the chart. We are waiting for more confirmations and for the price to reach better key areas before launching long positions and aiming for the area identified on the chart
We are expecting the price to keep dropping, after it successfully breaks and re-tests the triangle pattern shown on the graph
After breaking through the resistance level, the price pumped up to the next level - 111.756. Then it bounced down to the local support level 111.423. I think this is a good time for additional purchases. Have a nice trade!
EURJPY rebounded from 50% fib level and key level around 129.50 price below SMA 100 and HVN around 129.80 MACD shows the start of bearish momentum RSI below 50 so its expect the bearish movement to support level around 127.00
As it can be seen from the chart, the bulls have stepped back into the game to gain full control. A crucial level of resistance has been penetrated, and now we are expecting for the price to keep rising till the 53k area of next supply.
As it can be inferred from the chart, the price has been dropping like a needle. We are now waiting for the price to form a small bottom before opening a short-term buy position and aiming for the golden Fibonacci zone shown on the graph
NZDJPY rebounded from the demand zone around 76.40 Price above HVN around 76.90 Price above SMA 100 RSI in uptrend line above 50 MACD shows the weakness of bearish momentum so it's expected the bullish movement to supply zone around 78.60
If we take a look at the chart, we can clearly observe that the price action of GOLD looks absolutely brilliant. The price has successfully bounced off a strong level of support last week, printing some really strong bullish candles. We are now expecting the price to continue the uptrend and reach the area identified on the chart, which has previously acted as a...