technicals

There's been a massive short covering rally of near historic proportions in oil recently. As the OPEC circus continues to 'cry wolf' regarding freezing production, the market, once overwhelmingly short on the commodity, takes the opportunity to cash out some of its short positions. There is really no fundamental reason for oil to rally so hard as the attached...

Ethereum is being pressured by two opposing forces. The breakout upwards from the blue triangle created a strong support line (the horizontal blue line), but it quickly encountered strong resistance at the level of the dotted blue line. This was the point at which Ethereum broke downwards last November. Now it has formed a Head & Shoulders pattern which would...

Shorting this pair, price doesn’t reject its downtrend.

The formation of the channel emphasizes 1307 as an important support with 1330. If we focus on the downside, given the new USD advances at 1320, we can immediately resist, rupturing which number to watch before 1330, the last month high around 1325. If the 1333 is able to validate further runs up to 1338, 1342 and 1347 at all prices beyond 1330. During the quota...

Hello Traders, Recent Clash-Leads to trend oscillations, builts intense pressure to eliminate fluctuations. In a 4hr chart, technical data marking the points to strike down. An impulse from 126.176 could extend its visit till 123.276. USD opposition got the strength to overcome Yen Domination. Signal Specification Entry: 124.277 TP: 123.276 Sl: 124.933 R/R: 1.53

$ADA is showing potential for Bullish Breakout.

CyberMiles (CMT) is a next generation blockchain for smart contracts. Its Smart Business Contracts are optimised for e-commerce applications. It will provide a large library of commerce-related Smart Business Contracts, striving to make it a streamlined process to build decentralised commerce applications. CyberMiles is a cryptocurrency and a project developed by...

USD/CAD rejected key level Price Movement Since yesterday, USD/CAD moved down by around 50pips before moving back up by around 90pips. Trend USD/CAD is ranging across. Important Issue None. Technical Yesterday, USD/CAD tested and rejected the 1.33 key level. Price Levels Current Price: 1.33695 Next Resistance: 1.34400 Next Support: 1.32900

USD/CAD moving towards key level Price Movement Since yesterday, USD/CAD moved down by around 60pips. Trend USD/CAD is ranging across. Important Issue None. Technical USD/CAD is moving towards the 1.33 key level. Price Levels Current Price: 1.33213 Next Resistance: 1.34400 Next Support: 1.32900

AUD/USD testing resistance level Price Movement Since yesterday, AUD/USD moved up by around 30pips before moving back down by around 15pips. Trend AUD/USD is trending upwards. Important Issue None. Technical AUD/USD is testing the resistance level of 0.71750. Price Levels Current Price: 0.71636 Next Resistance: 0.71750 Next Support: 0.70650

Price bounced off that descending trend line 3 times and broke below the 1296.30 psychological level. Price is now heading down to the demand area. Let's see if it would either break or bounce away from the demand area.

JPY leading the way to entertain its Investors. In a daily closing, EURJPY target the bear zone-n order to prove its full potential. JPY's lead would mark prominent stops in the chart. Traders, be aware of the trend movements because a wrong turn could end your account. Signal Specification Entry: 125.418 TP: 124.695 SL: 125.857 R/R: 1.65 Hit like, comment...

Hello traders, The AUDUSD continues to struggle to justify its strength, even after the downturn successfully reversed from December 2018 until January 2019. When the pair crosses 0.7120 daily, it has to exceed 0.7155-60 resistance and six-week descending trend line to achieve a further TL resistance figure of about 0.7200. Moreover, 0,7210 is likely to add to...

Theresa May’s third defeat GBP/USD rejected support level Price Movement Since last Friday, GBP/USD has been moving indecisively. Trend GBP/USD is ranging across. Important Issue Last Friday at around 2230 (SGT), the British Parliament once again rejected Theresa May’s Brexit deal with a result of 344-286. Today, the British Parliament will resume the Brexit...

USD/CAD moving towards resistance level Price Movement Since yesterday, USD/CAD moved up by around 45pips. Trend USD/CAD is currently trending upwards. Important Issue None. Technical USD/CAD is currently moving towards the resistance level of 1.34500. Price Levels Current Price: 1.34296 Next Resistance: 1.34500 Next Support: 1.32800

USD/JPY moving towards key level Price Movement Since yesterday, USD/JPY had moved down by 30pips. Trend USD/JPY is trending downwards. Important Issue None. Technical USD/JPY is moving towards the 110 key level. Price Levels Current Price: 110.184 Next Resistance: 111.028 Next Support: 109.744

The pair made a great move down and is now at turning point. Take care about to open longs, but we are quite there so some small amounts are now possible, buy on deeps if there will be some, add some volume, but don't go over the SL. Great weekend, great money wish you all Traders. Yours Izyodore

Hello traders, In a 4hr time-frame, USDCAD breaking a small ascending wedge to fire an impulse to overtake the bull zone. Cracking trend marking the possible price hike in favour of USD. In spite of long term concern, the pair could target Bull mark 1.34888. Alternatively, the Canadian strike could over-play with USD in that case-pullback will change the...