Choughle

Choughle

Saudi Arabian Mining Co. (1211) is currently forming a pattern of higher highs and higher lows. It's presently positioned at a higher low, making it an opportune moment to enter the market at 51.8. There's potential to ride this trend until it reaches 57.

Choughle

The NZDCAD pair persists in a bearish trajectory, characterized by successive lower highs and lower lows, indicating a likelihood of continued downward movement.

Choughle

EURCAD is poised for the convergence of its trend line and resistance line, suggesting the potential for a breakout. It appears likely that one or both of these lines will be breached, potentially leading to the continuation of EURCAD's bullish trend in the days ahead.

Choughle

The GBPUSD exhibited a bearish trend, adhering closely to its trend line. However, following the break of this trend line, it transitioned into a bullish trend. After a retracement to test the trend line, it resumed its bullish trajectory. I anticipate that this bullish trend will persist until it reaches our take-profit targets.

Choughle

The EURUSD had been following a bearish trend, however, the Relative Strength Index (RSI) is indicating divergence, suggesting a potential shift in its structure towards a bullish direction. Forex sentiment indicates a long position sentiment of 59% and a short position sentiment of 41%. Specific entry points and take-profit levels are illustrated on the chart.

Choughle

The one-hour chart for US OIL shows divergence, suggesting a forthcoming bearish trend.

Choughle

The BTCUSD one-hour chart indicates divergence and is currently exhibiting a bullish trend.

Choughle

After forming a bearish flag, GBPUSD entered a distribution phase. Subsequently, it broke down, signaling a sustained bearish trend.

Choughle

Initially, 8010 showed a bullish trend followed by a distribution phase. Subsequently, it resumed its bullish trend and has been adhering to the trend line so far. However, recent testing of the trend line prompts the need for analysis to determine whether it will turn bearish or continue to track along the trend line.

Choughle

GBPJPY will come and test the trend line and will move back to bullish.

Choughle Updated 

NZDCHF shows bullish momentum, yet divergence suggests potential reversal. I foresee it signaling a shift towards bullish trend.