U.S. Dollar / Japanese Yenn FX:USDJPY
The market moves in the uptrend. The cost achieved the opposition level and we ought to be prepared to see a rectification development. In the event that the value bobs from the obstruction zone , It will be conceivable to open short exchanges dependent on lower time spans. This zone will most likely stop and turn around the...
The price has broken the symmetrical triangle and it has closed above the resistance zone.
The price is making a little pullback and then it will continue its upward trend.
MACD change of trend is shown in the graph within the broken resistance
Comment your thoughts below!
LTC / USD as I predicted in my last analysis has started to make a small correction on the 1 day chart. We are seeing a drop to $53 and our closest support will be the $50 range, where the bottom of the upward channel is in blue. As I depict with the arrows, the directionality could still be upward in the following days and week. But for now there is a good chance...
First of all we see that the price reversed strongly and we also notice that the reaction/drop after it reached the 61.8 was not to big. The price didn't fall too deep down. Conversely it kept pushing upward in short intervals. After it broke the 61.8 the price clearly used it as a support creating a short consolidation zone.
So we should wait for the price to...
as 2 hour chat outlook: uptrend with pullback
- we saw a harmonic wing that should drop to green box that i wrote and continue uptrend
-breakout may retrace just a bit and continue upward
Fundamental : with a strong bank behide the scene still make GBP move up among this months.
USDMXN has broken the down trend and it is heading up again, the resistance has been broken and there is a Little pullback, we are expecting the Price to go up to 19.4600
Also check MACD and RSI were there is a divergence
The EURUSD is currently in a symmetrical triangle (blue trendlines). I believe this will break in a short term. I expect that it will make an upward movement. As you can see, the Elliot wave has been applied. Here you can find point E in the lower part of the triangle. If the elliot analysis is correct, the triangle will...