DennisDims

DennisDims Updated 

Price dropped nicely to hit the first target in my previous analysis, then rallied up to form a nice head and shoulder pattern. The head and shoulder pattern coupled with double top in H1 suggests a deeper pullback will happen. Expect a small pullback before the drop.

DennisDims Updated 

GBPJPY has formed an amazing h&s pattern with the neckline at the 50% Fibonacci level. A break below 162.200 should resume the bearish trend with the first target at 157.7, followed by 154.8 Key Levels: 166.3 160.5 157.7 154.8

DennisDims Updated 

In my previous analysis, the price rallied all the way down to target 2 then made a necessary pullback to form a head and shoulder pattern. With the Yen starting to strengthen, I'm expecting a breakout of the neckline and a drop to support level 132.8.

DennisDims Updated 

Dow recently bounced off the support and retraced to the monthly pivot before dropping back to the support. A small retracement may happen at the beginning of the week before gathering enough momentum to break the support and head towards 31700 initially.

DennisDims Updated 

Price strongly broke the monthly pivot and retested it. Strong price rejections on the support suggest a resumption of the bullish trend. A break above and retest of the trendline will initiate buys with targets beginning at 1.03970 and extending to 1.04700.

DennisDims

Last week GBPJPY experienced sideways movement before dropping to my initial target. This week, a break of the neckline will ease the way to 157.7 and 154.8. Waiting for the price to gather bearish momentum and resume the drop.

DennisDims Updated 

As predicted in my previous analysis, gold dropped to 1850 and bounced bullishly attempting to recover. Retracement targets are 1890 & 1910. A break above 1910 will open the way to the 1945 resistance zone.

DennisDims Updated 

EURAUD recently broke out of the multi-range, rallied up to the monthly pivot, and bounced back to retest the broken resistance. Bullish divergence on D1, inverted head and shoulder, and price rejection on broken support suggest an upcoming bullish wave targeting the monthly resistance.

DennisDims

EURUSD is in a strong downtrend but is currently consolidating on the monthly support. The double bottom pattern and RSI bullish divergence on H4 suggest a short-term retracement. A break above today's high will rally the price towards 1.07 which is the monthly pivot/50% fib retracement.

DennisDims

Gold recently broke the support but could not manage to hold below it, thereby retracing to 1920. The price is in the process of forming an inverted head and shoulder. A daily close below 1890 will invalidate the inverted h&s and open the way for bears to attack 1848. Alternatively, should 1890 hold and the price breaks above 1910 we could see a rally towards...

DennisDims Updated 

Brent experienced bearish movement and hit the target from my previous analysis. The price has bounced off the trendline support and is now gathering bullish momentum to resume the rise. Break below the support will invalidate the buy.

DennisDims Updated 

Price bounced off the resistance level and is retracing towards 91000 which is a key support level. Should the price break the support, the bearish trend will resume with initial target at 1.88660.

DennisDims Updated 

Bearish divergence and a broken trendline suggest the price could drop.

DennisDims Updated 

Bearish divergence suggests a deeper pullback is about to happen. A break below the support will open the way to 134.4 initially.

DennisDims Updated 

Price is approaching monthly support where we can expect a price rebound. Should the price break the support we can expect the 4128 level.

DennisDims

Bullish divergence coupled with strong price rejection on the support indicates a pullback will happen. A break above the short-term resistance will open the way to 0.86300.

DennisDims

Price made a steep decline to the monthly support. Price Rejections on the support indicate a retracement may occur. Waiting for reversal confirmation before placing a buy order.

DennisDims Updated 

Break above resistance will initiate buys. Possible bearish movement towards the trendline before gathering bullish momentum.