In our last analysis, we had anticipated a minor correction in DXY but the correction has exceeded our expectations.
Right now, because of selling pressure in DXY, the momentum has gone weak. Plus, the market is waiting for NFP/Unemployment news. So we are expecting a correction in DXY to the 103.7 zone before going up.
Our technical view has been shown in the...
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.7133 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7113
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to...
The Coinbase ( NASDAQ:COIN ) 4-hour chart is a perfect fractal of the Bitcoin weekly chart. Good ole' Wyckoff distribution. It even has the little Bart Simpson correction pattern from August 2020 that occurred shortly after the last halving and a few months before the first big leg up.
Considering current price action, Bitcoin and Coinbase, for that matter,...
Anything below $1.5 is good BUY ( #DYOR )
Below red box 📍 analysis get invalid 📌 🛑 stop
Expecting target 🎯 $20 ( +1500% / 15x from here )
Important resistance levels $5 & $10
Follow article for future updates 📌 and boosting 🚀 helps me ,
I was quite busy, so i will submit rest of details in future, so save article / analysis
The recent price action on the EURUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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Looking at the chart of USDJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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See link below for previous analysis.
Jubilee has continued to trade lower and having breached 128, i am tentatively abandoning the five wave count as wave (4) has penetrated the price territory of wave (1) violating one of the golden rules of an impulse.
The bear market from 426 is forming a falling wedge which is bullish but price can still go lower.
I will...
Looking on the Monthly Cycle, Gold is Bullish, next target is 2474.00...but before it reaches 2474.00 there will be bull and bear cycles completed on the weekly and daily Market maker template.
NFP DAY , Gold is selling the market is overbought. We’ll be looking for equalibrium OANDA:XAUUSD FOREXCOM:XAUUSD OANDA:CADJPY OANDA:ZARJPY OANDA:EURUSD
Already running today
buy area 3440 ~ 3350
D1 closed under 3350 = BEP or at 3400
3620 Resist + TL (need to break up this to make HH lower TF)
3750 Resist Sw
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about BEL
BEL Symmetrical triangle Breakout Has Already done in weekly time frame ✅
Expecting +400% Bullish Wave in Coming Day's 🚀
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0874 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0830
About Used Indicators:
Pivot points are a...
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6610
Bias - Bearish
Safe Stop Loss - 0.6632
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.6568
About Used Indicators:
For...
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1470
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1405
Recommended Stop Loss - 1.1502
About Used...
Take a look at our analysis for AUDNZD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.094.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Here is our detailed technical review for USDJPY.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 151.631.
Considering the today's price action, probabilities will be high to see a movement to 151.082.
P.S
Overbought describes a period of time where there...
