EURCAD was consolidating for 3 weeks in a wide horizontal trading range on a daily. Its support was finally broken this week. I believe that the pair may go lower now. Next support - 1.428 ❤️Please, support my work with like, thank you!❤️
Nifty weekly expiry analysis News Adani fpo cancelled..Banks-ve Insurance sector negative US FED 0.25 RATE HIKE
There is clear breakout in monthly time frame with volume. After that the stock has gone through a good consolidation for three months. Now it's time for another rally if the company posts good results this quarter. One can buy Daawat@CMP with short term targets of 133(19.50%) and 150(36.3%) and a long term target of 194.50(74%). Please let me know in the comment...
Here is my latest structure analysis for Dollar Index. Support 1: 101.0 - 101.3 area Support 2: 99.25 - 99.95 area Support 3: 97.25 - 98.1 area Resistance 1: 103.4 - 103.8 area Resistance 2: 105.15 - 105.8 area The market is slowing down after a strong bearish wave. We will most likely see a pullback from Support 1. Consider the underlined structure for...
I see a confirmed trend line breakout on a daily time frame on EURJPY. It will most likely push the pair higher. Next resistance - 142.55 ❤️Please, support my work with like, thank you!❤️
Like many indices, the DAX has enjoyed a strong start to the year after a dismal ‘Santa’s rally’. But after a 9% rally this month and early signs of a potential top, perhaps it is time for the DAX to pull back from its highs. If we look at the daily chart, the market formed a small top and daily close below 15,000. Whilst prices are back above the milestone...
I spotted 2 important breakouts on EURAUD: firstly, the price has broken and closed above a resistance line of a falling wedge pattern and then a horizontal neckline of a triple bottom formation has been broken as well. I believe that the market will bounce soon. Goals: 1.578 / 1.5915 ❤️If you have any questions, please, ask me in the comment...
Daily / 4h time frame analysis on Dollar Index. Key levels, price action. Potential scenarios & recommendations. ❤️Please, support this video with like and comment!❤️
Hey traders, NZDCAD is trading in a bullish trend since October. Reaching 0.88 resistance, the pair initiated a correctional movement. The price dropped to a trend line and perfectly respected that one more time. Yesterday, the pair broke and closed above 0.86 - 0.8625 horizontal resistance. It is a very important bullish clue, and it signifies a dominance of...
Dollar Index looks oversold to me: the market was contracting within the boundaries of a falling wedge pattern - a classic reversal pattern. Its resistance was broken today. I expect a correctional movement to 102.86 resistance now. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
After a rejection at 0.65000 on Dec the 13th, the sellers have stepped in and for the first time since October, price has started printing new lows. Thursday saw the market break a significant trendline which price has been respecting since October. Also, for the first time since October the market has closed the week with a strong bearish candle. A strong dollar...
Hey traders, NZDJPY broke and closed below a major wide demand cluster on a daily. The broken structure 83.8 - 85.0 turned into resistance now. It looks like the pair is quite oversold at the moment. The market will most likely retrace to the underlined area and a bearish wave will initiate then. Goal will be a rising trend line, matching the last higher...
Doge is at a major monthly support whereby i do expect that level to hold. However, we may not be making the move to the upside as of now and am looking at some form of market structure form like a double bottom at the least before heading up. Will be DCA into longs for DOGE at this current price. High risk high reward buys with a tight stop loss anticipating...
Hey tradomaniacs, good opportunity to short AUD/USD here as USD power is back! Technically a great fakeout confirmed by the market-depth! What do you think?
NZDCHF reached a solid key level at the beginning of December. The price formed a double top pattern on that and broke a support line of a rising channel then. I think that bears may push the pair lower. Next goal - 0.585 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️ [/b
NZDJPY is trading in a long-term bullish trend. Since February, however, the price is stuck on 87.0 - 88.0 structure resistance. To catch a bullish wave, wait for its breakout. We need a weekly candle close above that to confirm the violation. A bullish continuation will be expected to 91.3 level then. ❤️If you have any questions, please, ask me in the...
Hey tradomaniacs, SPX500 just pumped up towards a major resistance-area where a lot of bearish confluence is possible. Generally I must say that the recent pump caused by Jerome Powell seems to be SUS as his entire speech was pretty hawkish. I also think he doesnt really want stocks to move up as it would not ease financial conditions and boost inflation....
Hey tradomaniacs, looks like AUD/USD is rdy to fall after creating a double-top. Market-Depth showing DELTA-DIV by FP in the previous upmove, means a move down is getting prepared. Still cautious due to upcoming CPI-Data from germany, so be carefull! Technically a great chance! What do you think?