GBPJPY is very bullish after the BoJ rate hike. The price is currently testing a resistance line of a horizontal range on a daily. Its bullish breakout - a daily candle close above, will be a strong trend-following signal. A bullish continuation will be anticipated at least to 193.0 level then. ❤️Please, support my work with like, thank you!❤️
NZDCHF has recently broken and closed above a wide horizontal resistance area, the broken structure turned into a demand zone. The price is retesting that structure at the moment. I think that a bullish wave my initiate from the underlined blue area. Next resistance will be 0.547 ❤️Please, support my work with like, thank you!❤️
GBPJPY set a new higher high higher close after a consolidation on a daily time frame this week. The pair will most likely keep growing next week. Next resistance - 192.0 ❤️Please, support my work with like, thank you!❤️
EURJPY🇪🇺🇯🇵 broke and closed above a key daily horizontal resistance. The growth may continue on the pair. Next resistance - 163.44 ❤️Please, support my work with like, thank you!❤️
Have a look at NZDCAD. After a strong bearish wave that initiated at the beginning of January, the pair was consolidating for 2 weeks. Friday's NFP was very bearish for the pair and the market set a new lower low lower close on a daily, violating a key horizontal support. It may initiate a new bearish wave. Next support - 0.8115 ❤️Please, support my work...
GBPJPY is very weak. The pair is coiling within a narrow range for 2 weeks. FED & BOE interest rate decisions are ahead. These news can be the important catalysts for the pair. Watch carefully how the price reacts to the boundaries of the range. If the price breaks and closes above 188.95 on a daily, for us, it will be a strong trend following signal. A...
AUDCAD formed a huge head and shoulders pattern on a daily time frame. The neckline of the pattern was broken yesterday, and a daily candle successfully closed below that. I expect a bearish movement now. Next support - 0.878 ❤️Please, support my work with like, thank you!❤️
GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday. The release of the CPI data increases a bullish pressure. Chances are high that the growth will continue. Next resistance - 188.28 ❤️Please, support my work with like, thank you!❤️
After a strong bearish impulse, EURCHF was consolidating for 2 weeks within a narrow range on a daily. Yesterday's CPI report triggered a bullish reaction on the pair. It managed to violate the upper boundary of the range. I think that the market may start a correctional movement now. Closest resistance - 0.94 ❤️Please, support my work with like, thank you!❤️
EURJPY managed to violate a neckline of an ascending triangle formation on a daily and closed above that. It confirms the dominance of the buyers and increases the chances that the market returns to a global bullish trend. The next goal for buyers will be 161.2 ❤️Please, support my work with like, thank you!❤️
I have spotted earlier, a confirmed breakout of the resistance of a horizontal range on a daily time frame on AUDCHF. The market started to grow after a retest of a broken structure. Analyzing a 4H time frame, we can spot a cup & handle formation. It is a strong intraday confirmation and we may anticipate a further growth now to 0.5855 ❤️Please, support my...
After a test of a key daily resistance, EURAUD formed a huge double top pattern. The breakout of a neckline of the pattern is an important bearish confirmation. We can anticipate a bearish movement to 1.6543 / 1.6489 ❤️Please, support my work with like, thank you!❤️
EURGBP formed a very bearish setup on last week: the price formed a huge rising wedge pattern and successfully violated its support on Friday. After the market opening, the price retested a broken support. We see a strong rejection from that I believe that the market will go lower. Next support - 0.8625 ❤️Please, support my work with like, thank you!❤️
USDJPY is trading within an ascending triangle formation on a daily. Taking into consideration that the market is trading in a bullish trend, probabilities will be high that we will see one more bullish wave. Your confirmation will be a bullish breakout of the horizontal resistance of a triangle - daily candle close above 150.15. A bullish movement will be...
It turned out that GBPUSD violated one more key daily structure support and closed below that. The next key structure that I see is 1.2010 - 1.2055 area. That will most likely be the next goal for the sellers. For shorting, consider the contracting area based on a falling trend line and a broken structure. ❤️Please, support my work with like, thank you!❤️
CADCHF formed a cup & handle pattern on a daily time frame. The neckline of the pattern was broken yesterday. It now turned into a strong support. The market may go much higher now. Next resistance - 0.66 ❤️Please, support my work with like, thank you!❤️
Keep this on your radar, any move above resistance can give a good move. Thank me later. Disclaimer: Not a buy or sell recommendation. We are SEBI Unregistered.
Keep this on your radar, any move above resistance can give a good move. Disclaimer: Not a buy or sell recommendation. We are SEBI Unregistered.