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We wait to see what the price will do but we think this is end of strong uptrend for nzdusd.
We are waiting for Breakout and Retest to go SHORT.
We can maybe see a big drop in the price in next period.
Platinum has sold quite aggressively for the past couple of days.
We are back on that demand line we have been founding support for the last few weeks now.
If buyers continue finding value on these levels we will finally pass the high at 985 and eventually the higher resistance level at 1020
IF not next stop bellow is the 940s level .
As we can see on the...
I will be looking to go long on eurchf b ased on some technical analysis reason. But there, there are confirmations to be made, before making an entry on this one. Eurchf breached my 1.17000 monthly resistance level,came back for a retest and rejected around 61.8 fib level, previously gave me a 3 strike trend line strategy. in order to make this brief and not also...
No change in my view since previous publish, market are going down usually as expected. The correction in blue wave b converted from flat to triangle and red wave 3 ended at 1.1300 also finished blue wave b of Y. After that we saw a quick decline in last blue wave c and the ideal target for this wave is near 0.8500 area. This area has lot of support as long term...
EURJPY; has a potential reversal zone with completion of D leg (long opportunity) if the price fails and continues down = Next PRZ @122 (Butterfly)
DataForex Group - Professional Chartists
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