Austinet24

Austinet24

The bear still rallies for Aussie after this pair was sailing in a roaring sea. It plummeted and nearly broke below the second support level during US Session. The daily range is over 180 pips. If the bears continue, first support level of 0.5922 might not hold and fell further to 0.5846. Conversely, by the bulls may take over and break the resistance level of...

Austinet24

Pivot point: 1.2299 Resistance level 1: 1.2396 Resistance level 2: 1.2522 Resistance level 3: 1.2619 Support level 1: 1.2173 Support level 2: 1.2076 Support level 3: 1.1950 Comment: The bearish trend still dominates the GBPUSD as it once again declined on Monday . Without breaking or touching any support levels, it trades within a...

Austinet24

With Price Action reversal Pin bar Seen and confirmed with a bullish candlestick on a key Support Price level on 4H time frame around 0.9320, This is giving a BUY pressure for the move of the price of USDCHF to 0.9545. A break of 0.93999 price level will give good buy entry. Bias : BUY AT 0.9405 TARGET 0.9540

Austinet24

USDJPY prepares for new initiatives to bring back the bullish trend. It succeeded to close slightly below the second resistance level. If the bullish trend could persevere, then it might climb to the first resistance of 107.02 and extend further to 108.42. However, if the bears return then the pair could fall to 103.12 and possible to break the second support...

Austinet24

The strong bullish trend since the end of February has finally come to an end. A big adjustment happened to EURUSD yesterday, it dropped over 170 pips and touched a daily low of 1.1275. We Candlestick reversal signal seen on the key psychological price level of 1.1462, the price is set to touch 1.1218 price support level. if the downward trend persists then the...

Austinet24

The NZD/USD now shows an inverted head and shoulder candlestic pattern for bullish trend on 4H Time frame after trading within a narrow range yesterday. For the upward trend to extend, the price needs to push higher to 0.6313 which it has done, which can result in the second resistance level of 0.6335 being tested. Bias: BUY @ CURRENT PRICE 0.6315 TARGET 0.6354 SL 0.6279

Austinet24

Aussie continues with the upward trend. It traded within range without touching any resistance or support levels but by closing with the extent of an increase, it still preserves the upward trend. If the bear returns, first support level of 0.6593 might not hold and fell further to 0.6559. Conversely, by persisting the bull, resistance level of 0.6644 could be...

Austinet24

The pair has been on the bearish trend for awhile now, from daily time frame you can see a bearish engulfing candlestick price action pattern at the upper trendline price level 1.30230, this with the bearish trend connote the price will move down to the lower trendline at 1.28350. Bias: SELL @ CURRENT PRICE 1.29166 TARGET 1.28552 SL 1.2965

Austinet24

From Daily time frame EURUSD has been bullish after the huge sell from previous week, this seems to be a retracement which now hit a Resistance at 1.08945 price level this level is trying to hold, a candlestick reversal signal such has pin par or doji at current level will signal a bearish continuation or break of the level above will give more strength to the...

Austinet24

EURUSD has been on a SELL trend for more than two weeks now, the price broke a support level at 1.09880 after the attempt to retrace up. with bearish inside pin bar on weekly time frame. Bias: SELL EURUSD @ CURRENT PRICE 1.09303 SL 1.09885

Austinet24

EURJPY has a bearish pin bar on 1 daily time frame. More sell pressure on the chart.... The major Resistance @ 121.04 push the price to break a support at 120.06 price level. a failed buy attempt on today's candle shows the selling pressure is strong. Bias: SELL EURJPY NOW @ CURRENT PRICE 119.870 SL 120.590 TARGET 118.040

Austinet24

From a higher time frame 1weekly, the Bullish setup has been confirmed with a steady bullish candlestick, market trend crossing moving average to the upside of candlestick pattern. having a support at 1.32620 price level, the price is ready to move the next resistance at 1.34282. Bias: BUY @ CURRENT PRICE 1.33220 TARGET 1.34820 SL 1.32625

Austinet24

Ascending triangle can be seen on 1h time frame of GBPJPY , there is a persistent BUYING pressure couple with the fact the pair is bounce off a support at higher timeframe at 140.811 price level. Bias: BUY AT CURRENT PRICE 143.94 SL 143.23 TP 146.55 ....

Austinet24

Austine J Agabi, #GBPUSD Has finally broke out above the descending TRIANGLE the price is expected to BUY to 1.32253 price level. from previous analysis the bear pressure was giving up for more Bullish force seeing the break above the triangle confirmed the full bullish Market on this pair.

Austinet24

Analysis on GBPUSD showing more bearish Pressure. The pound / dollar instrument continues to build a new downward trend. I recommend continuing to sell the instrument with targets near the level of 1.2764, which corresponds to the Fibonacci level of 50.0%. On the contrary, an unsuccessful attempt to break through the 38.2% Fibonacci level may lead to a small...

Austinet24

The pair from higher time frame 4h had a major resistance at 1.11440 the price respecting this level drag the price down to brake a major support at 1.11137 now the price is below this level, a retest of this level and making a resistance will allow room for clinical sell entry. SELL @ 1.11045 TARGET 1.10820

Austinet24

The pair is continuing its bullish trend as it continues its previous gains. The pair closed above all three resistances. If the pair’s bearish momentum arises, the pair could fall to 108.10 and potentially break the price level of 107.08. However, if the pair continues trending upwards, then the first resistance level of 109.69 could be broken, and the pair could...

Austinet24

The pair is continuing its bearish trend. The pair closed between the first and second resistance around the 1.1109 region. For future trading references, if bulls can break the resistance of 1.1147, then they may push prices higher to 1.1190. Alternatively, if support of 1.1082 falters, then bears may push prices lower to 1.1060. Pivot point: 1.1125 Resistance...