$ZETA one of the few technology names that has an intact uptrend since the start of 2022. above all KMAs while undergoing 4 weeks of consolidation within a bullish pennant pattern. further price tightening will see all KMAs coiling into the pennant for an imminent breakout
USDJPY is unstoppable. The pair is growing sharply from the beginning of the year. Here are two important historical points for you to watch. 118.2 - 118.8 is a 6 years' high. The price is currently approaching that structure and with a high probability, we will see a pullback from that. Trading against the trend you should wait for a decent confirmation...
With the risk off markets that highly affected the EUR against the safehaven CHF a couple of weeks ago, the price plummeted near the parity! At the moment the price seems to be recovering slightly and likely looks to be headed over to the next psychological resistance found at 1.05000 area. The Swiss National Bank is likely handing a helping hand to the EUR here...
Hey traders, here is a brief technical outlook of 4 peculiar instruments in my watch list. 1️⃣ GBPUSD - 3 days time frame 🇬🇧🇺🇸 The market keeps falling. The pair set a new lower low and it looks like a further decline is expected. The closest support to watch is a lower boundary of an expanding wedge pattern where the price is stuck at the moment. 2️⃣ USDCHF...
Price is showing signs of exhaustion on 4H charts. This is evident by the Bearish RSI Divergence on the RSI. Have a look at the link below for the advanced technical and fundamental idea behind this setup. For more complete information, the main 4H chart provides all the required details. Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for...
With the price rejecting the concrete monthly psychological support twice, the evidence of a bullish RSI divergence is clear and evident on the main chart. Furthermore, the price broke a vital resistance level in the process signaling that its ready to head higher. Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for more insights into other...
Top-down analysis on Dollar Index. Price action & key levels. Bullish outlook explained. ❤️Please, support this video with like and comment!❤️
EURGBP faces multiple upside resistance. The descending long term channel is still holding strong and any impulse up-move would likely be met with stern resistance. Fundamentally the EURO is under enormous pressure as well. Looking at the main weekly chart, we could clearly see that the major support break has already taken place that was held on multiple...
Price is at a critical resistance level! The 0.68600 level needs to be cleared for the price to target the next high which happens to be the psychological resistance of 70 Cents. Looking at the main daily chart, the descending channel although violated, has not really been broken. The resistance at 0.68600 is preventing this from being a reality. Once the daily...
AUDJPY is taking off from a strong demand zone. I believe that quite soon the price will retest a local high and then will go even higher to the year's high. Goals: 85.3 85.95 ❤️Please, support this idea with like and comment!❤️
I'm looking at Biotechnologies and healthcare sector for my next sector that is going to run beyond the oil industry. Oil is going to die down in the next week or two because the Biden admin will want that to go hush hush. I estimate we will still have one or two more really rallies in the oil industry before we see the whole sector of biotech go nuts. Again...
Watch price action on lower timeframe at these levels. First target on 400 pips (0.7000). If price breaks higher than these levels, then watch price action on 0.61 level (0.7600). Watch monetary policy, news are to come, trade with care
Bearish rally on EURGBP continues. The price broke and closed below daily structure support. 0.8285 - 0.832 is a the zone from where I will look for shorting opportunities. Your plan is the following: let the price reach that structure, then wait for a confirmation on that to short. Goal will be 0.818 structure. ❤️Please, support this idea with like and comment!❤️
Possible long imminent for a big short in future.. US 30 is currently holding demand at the red zone area so I will be buying from this area of demand.
Just simple support and resistance levels look left
With weekly candle breaking out from the descending channel, the price is ready to target the next high at 0.75000. The price also formed good support at 0.70000 area with RSI indicating a bullish divergence! With that all said, it is advisable to wait for the price to retrace at the desired level and then execute a LONG trade. Trade can be invalidated if...
we expect a bullish swing we set a trigger @0.852 Hope We enjoy #Long #analysis #SWing