AdetuRidwan

AdetuRidwan

Following the trend, area of value and Entry trigger framework, with support line at 0.69396 and resistance at 0.69930, the reversal candlestick pattern seems clear following an hammer with a perceptive bullish engulfment serving as a notable entry trigger looking to go long for a short period of time, since the overall market trending situation seems to be below the 50MA.

AdetuRidwan

Detailed analysis in the chart above. The CADCHF seems to consolidate with a build up to break through the resistance line, with a possible bull run. Albeit, take note of resistance line at previous highs for a reasonable price rejection towards former support area(present build-up) before a bull run might occur. Trade with caution. I recommend a buy for a short...

AdetuRidwan

Swiss France is appearing to go on a short sell from bouncing back on the resistance line at 0.66400. However, sellers are also to take their turn in the market but are aware as to how strong they can be. With sellers breaking through support area 0.66245, we are most likely to have a continuous bearish run and a potential bounce back on the existing support area...

AdetuRidwan

EUR/USD looking to break through the support line at 1.11832, we can see a bearish coming along but not sure of the strength, as the market remains to be ranging between 1.12579 and 1.11599, so it is best if you consider going short.