Despite its bearish streak, we've hit a solid support zone. This isn't just any support; it's withstood three tests, each weaker than the last.
Now, catch this: we've broken the upper trendline! This could mean a sharp rise back to the previous high and even higher.
Join us for a real-time market analysis and seize the opportunity to make a move based on it.
Hello,
Welcome to this analysis about CADUSD on the daily timeframe perspectives. As when looking at my chart we can watch there that CADUSD already initiated a bearish development with the first impulse wave A into the bearish direction. From there on CADUSD showed up with this channel-formation in which it is also forming a local wave-count which is actually...
Hello,
Welcome to this analysis about AUDUSD on the 4-hour timeframe perspectives. As I detected AUDUSD in recent times is showing up with a considerable formation that has a high likelihood to move into a great opportunity with solid potentials. Therefore as when looking at my chart we can watch there how AUDUSD moved on to build up above the 0.7 level and...
Expecting extension to TP-1 on the aussie. AUD began to strengthen in the last few weeks as a result of increased purchases out of china. expecting strength to continue. CPI out wednesday can't see this print rocking markets on the aussie.
On the monthly timeframe, the Dollar index completed its fourth correction in the previous quarter with a clear flat ABC correction at 50% of wave (iii) and price made a perfect rebound from the ascending support. We could potentially expect a further upside to 2.618 ($120.394.) of the Fib retracement or around 2.0 ($108.684), the area where the ascending...
BTCUSD Bitcoin
Technical Chart
Price close above 44869.66. Price retested 44869.66 level in the form of a Pin Bar. Pin Bar wick pierces EMA 10 EMA 20 and Horizontal Support Level.
H4 Chart: Pin Bar on 10 Aug 2021 at 19:00
The United States Dollar is looking bullish. Shorter timeframe chart has formed an Inverse Head and Shoulders Pattern, the longer timeframe chart has formed a Falling Wedge. A breakout of these patterns will signify more upside and potentially some trouble in the US Stock Market.
Audusd will continue to grow until it reaches the top of the channel once again. From my point of view, 0.76815 is a good target because it will become a future level of resistance. I don't know exactly if the market will manage to break it, that's why I aim for such a small target.
Our target is: 0.76815
