Forex-Wiser7

Forex-Wiser7

Hello traders as we see that price was unable to break 48400 trend line according to our previous prediction. It came to test the trend line but was unable to clearly break it. If we see RSI, price is still showing divergence, that means there is a lot of potential that after breaking the newly formed trend line price could start to fall . I expect the price to...

Forex-Wiser7 Updated 

Hello traders as we can see on 4HR timeframe that this pair has formed a clear divergence if we see on RSI. We saw a great bullish momentum by the end of 2020. I expect the price to fall from this point. So we would be looking on 1HR and 15M timeframe to get our entry point once price breaks through this trend line. NOTE! Remember this is high volatility...

Forex-Wiser7

Hello traders as we can see on daily timeframe that price has come to strong support area of 2016. Additionally I have marked pivot points support and resistance with TMA(Triangular moving average) on chart. Here we see that around 2016 support line we have pivot and TMA level too which give us more confirmation that price is near to the point where it will start...

Forex-Wiser7

Hello traders as we can see on weekly timeframe that CHFJPY showed very strong bullish movement in last couple hours and was able to break the 117.500 barrier. Price has reached 118.00 and the next step that we could probably see is a strong trend line of 2016 and additionally it is backed-up by 50% & 61% fib zone. I expect the price to go around 118.500 area or...

Forex-Wiser7

Hello traders as we can see on daily timeframe that GBPJPY is in a down trend if we consider channel from 2018. But from 2020 it started to develop uptrend and we do see that price is making nice higher highs uptill now. Once price was rejected from 50% fib level. Now its on the same level and testing it. i expect price to drop and then continue in newly formed...

Forex-Wiser7 Updated 

Hello traders as we can see on daily timeframe that gold went up breaking the down channel in the start of 2021. Now its coming back to the channel and is testing support at the moment. If price is able to break down the trend line then hopefully it will continue in channel. On re test of support which will turn as resistance you can take a well calculated trade....

Forex-Wiser7 Updated 

Hello traders on daily timeframe we see that price is testing a strong resistance zone from 2018. In the start of 2021 price broke high above 30700 area from where it should have moved down. But now it has come to the point where after testing the resistance I am hopeful that it will pull back. Traders if you liked this idea give it a like,comment,share and...

Forex-Wiser7

Hello traders as we can see on weekly timeframe that price is nicely moving in parallel channel and now has come to the strong support of 2017 plus also there is a 50% fib level. Price is closing in a channel as we can see. I expect the price to further go down near 102.100 and then start shifting its momentum into bullish trend. Traders if you liked this idea...

Forex-Wiser7

Hello traders as we can see on weekly timeframe that DOLLAR is on strong support area around 88.600 to 89.000. Dollar has dropped a lot in 2020 major factor we all know was the pandemic. In 2021 as we know the vaccination to cure the virus is likely to speed up and most probably by the end of march we may see things speed up and it will lead to recovery of...

Forex-Wiser7

Hello traders as we can see on daily chart that price is on edge to test a strong resistance from 2018 around 0.98100. As price showed a bullish momentum for a long time. Now it has reached a perfect area to test and fall from this zone. Let's see how it goes. Traders if you liked this idea give it a like, comment and follow for more ideas.

Forex-Wiser7

Hello traders as we can see on daily chart that price is on edge to test a strong resistance from 2015 around 1.23000. For sake of our confirmation along with resistance we also see price is between 61% and 50% of fib level which may also help us to consider this as our second confirmation to take a SELL trade on this pair. Price is already near the resistance...

Forex-Wiser7 Updated 

Hello traders as we can see on daily chart that price is about to test a strong resistance trend line of 2018 at 30500. Price already rejected may times around 30200 and 350 area. I am hopeful that after testing price at 30500 to 30600 price will start to fall and we can take a nice risk to reward opportunity. Traders if you liked this idea please share and let...

Forex-Wiser7

Hello traders as we can see on daily timeframe that GBPJPY is about to test strong resistance area. Previously it bounced off quite strongly from this area down to 138.500 price. Now it is about to test same resistance. If price is unable to break this price 140.700 or 141.300 we will see another downside because there we also see fib levels 50% and 61% ....

Forex-Wiser7

Hello traders as we can see on 4h chart that GBPCAD broke resistance level 1.72800 and now is in strong downtrend. Most probably it will drop to 1.69900. Lets see how it goes. Traders if you liked this idea let me know in the comment section below and keeping following for more ideas.

Forex-Wiser7

Hello traders as we can see on daily chart that CHFJPY is moving in specific range i.e 118.00 - 110.00 creating nice up and down trends. Now price is about test strong support level which could create a down trend and price could drop to 50% or even 61.8% fib level. Once support level is tested and price is unable to pullback strongly from that level we can take a...

Forex-Wiser7 Updated 

Hello traders as we saw in our previous idea that went very well and bounced off from 26270 to 26800. Now its time to take another long opportunity on us30 from 26000 or 25800. Wait for price to test around 25900 - 26000 then go for long. Traders if you liked this idea please let me know in the comment section below and keeping following for more ideas.

Forex-Wiser7

Hello traders on daily chart as we can see XPD has dropped a lot in past few days. Now it is about to reach a strong support level and 50% fib level too. I expect price to test this support level around 2156 or maybe break it bit then reverse. Wait for price to test support level then go for long. Traders if you liked this idea please let me know in the comment...

Forex-Wiser7 Updated 

Hello traders as we can clearly see indices are dropping strongly. So as of current situation of us30 I expect price to drop to 26000 level which is a strong support level or 26600. Once its is reached around 26000 which is a 50.0% of fib level then it will start to grow. So wait for it to drop more than go for long./ If you liked the idea please let me know in...