EURJPY turned very bullish after a release of US PMI data today. We see a new higher high higher close on a daily with a breakout attempt of a key horizontal resistance. Daily candle close above will confirm the violation. A bullish continuation will be expected 166.5 then. ❤️Please, support my work with like, thank you!❤️
AUDUSD broke and closed below a wide, significant horizontal demand cluster on a daily time frame. The broken structure turned into a supply zone now. The next historical support is around 0.636 level. It is most likely the next goal for the sellers now. ❤️Please, support my work with like, thank you!❤️
NZDUSD broke and closed below a key daily horizontal structure support, setting a new lower low lower close. It is an important bearish signal that opens a potential for a further bearish continuation. Next support - 0.588 ❤️Please, support my work with like, thank you!❤️
CADJPY formed a huge inverted head and shoulders pattern after a test of a key horizontal daily structure support. Because the pair is trading in a long-term bullish trend, chances will be high to see a bullish movement to higher structure levels. Goal for buyers: 112.14 ❤️Please, support my work with like, thank you!❤️
Silver broke and closed above a key daily horizontal structure resistance. The broken structure turned into a key support now. I will expect a growth to 25.46 level. For entry, consider a retest of a broken structure. ❤️Please, support my work with like, thank you!❤️
AUDCHF broke and closed above a key daily horizontal supply cluster. The broken structure turned into a demand zone. We can anticipate a bullish wave to 0.5837 resistance now. ❤️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!❤️
EURCAD formed a huge inverted h&s pattern on a daily time frame. The market broke and closed above its neckline yesterday. To me, it is a confirmed bullish reversal on the pair. We can anticipate a bullish movement now. Goal - 1.47 ❤️Please, support my work with like, thank you!❤️
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...
We have spotted earlier a bearish trap on USDJPY. As I predicted, the price nicely recovered. We see one more bullish pattern now. The pair formed an ascending triangle formation on a 4H time frame and successfully violated its horizontal neckline. The growth will most likely continue. Goals will be: 144.0 / 144.7 ❤️Please, support my work with like, thank you!❤️
USDCHF reached an important confluence zone last week. We see a nice intersection between a daily horizontal support and a lower boundary of a falling parallel channel on a daily. Analyzing 12H time frame, we can spot an inverted head and shoulders formation. The neckline of the pattern was broken with a high momentum bullish candle on Friday. It confirms...
EURUSD is under a strong bullish pressure after CPI release. The market violated a major horizontal supply area without any hesitation. Our next resistance is 1.092 It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️
Take a look at a price action on EURNZD. First, we saw a strong bearish wave on a daily. Then, the market became weak and the price started to coil within a narrow horizontal range. After a consolidation, a support of the range was broken. It is an important sign of strength of the sellers and signifies a local change of character. I believe that the pair...
We got 2 important bearish breakouts on Silver. First, the price violated a key daily horizontal support. Secondly, the market closed below a major rising trend line. The broken horizontal and vertical structures now compose an expanding supply area. I would suggest shorting from that zone, expecting a bearish continuation to 21.00 / 20.04 ❤️Please, support...
NZDCAD is trading in a long-term bearish trend. However, the market was consolidating the entire August within a horizontal range on a daily. The support of the range was finally broken last week. It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation. The prices may go lower at least to 0.7936 support ...
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!❤️
USDCHF broke and closed above a major falling trend line on a daily. It is a very important sign of strength of the buyers. Probabilities will be high that the market will keep growing. Next resistance - 0.89 ❤️Please, support my work with like, thank you!❤️