We are currently in a very good looking uptrend that is gathering strength to continue. The last part of this trend starts from the middle of the previous month. Current levels are important, where the price meets resistance from the daily chart. However, it seems that there will be strength to break and reach the following resistances: 81.85 82.05 82.27 You can...
Last week there was a good opportunity at EURNZD that we shared with you. Did you get involved? Now the price has returned to support and continues its movement in the upward channel. In case of a new rise, the resistances levels we expect to be reached are: 1.7313 1.7349 The scenario fails when the previous bottom breaks. If you have questions about how to...
This week we saw an exceptional strength of the euro and it is the strongest against the USD. This leads to a break of the downward trend in EURAUD and an expected reversal. We already have a test and a repulse, so we can look for the next rise. The first target will be 1.6478, followed by 1.6539. There are 180 pips to the second goal, and the price should not...
From the beginning of the month EURNZD started an uptrend of M30. This trend may turn into a reversal of larger periods. So we can join it from the base of the M30 and wait for the reversal of H1 and H4. In this way we would realize a very good profit / loss ratio. For the M30, the initial target will be 1.7222, Prior to this, corrections are possible that...
In the last 2 weeks GBPUSD has been moving in the range of 100 pips - from 1.3290 to 1.3390. Yesterday we saw a break in the upper limit. This means that at the moment the buyers have beaten the sellers and they will determine the direction. The next resistance levels are 1.3465 and 1.3515. A test of the zone is possible, but going back into it and falling below...
Following the uptrend in November, AUDJPY entered the H1 range. The break will allow you to enter a trade. The previous upward trend suggests that we are more likely to see a break in resistance, but pre-entries will be risky. Wait for the price to close outside the range and then look for an entry in this...
This week will be important for WTI. From a fundamental point of view, we expect news related to production. Technically, we expect a break in the current consolidation and the break will determine the direction of entry. At the moment, the more probable scenario seems to be a break of the support at 44.66 and a continuation of 43.30! In order to confirm the...
At EURNZD we are in a clear downward trend. The last part starts on November 13. We are currently in consolidation and expect a resumption of the down movement. A break below 1.6962 will confirm the continuing. The first target we expect is 1.6828! A break of the channel resistance and a higher peak will be the reversing signals. If you have questions about...
Here we have already seen a break and a test, now it remains to see the achievement of profit. The first level we expect to reach is 0.7411 - a peak from the first of September. But at the same time, this is the highest level since 2018 for AUDUSD. Therefore, you may not place a profit when crossing to 0.7411, but monitor the price development and move the stop....
Anyone who follows our analyzes knows what this chart means. Only this month we have 5 analyzes with triangles. The exit of GBPUSD from the triangle will show us what the direction will be and what trades to make. Breaking a previous top or bottom will confirm the situation and allow us to add. If you have questions about how to trade this or another situation,...
In recent months, we have seen many sideways movements in the forex market in anticipation of clear trends. During this time we can trade within the channel, and in case of a break we can look for a continuation in the direction of the break! Today we show you the possibility at GBPNZD. Here we have a side movement started at the beginning of the month, which...
The pair formed a bottom at the beginning of the month and followed a rise to 1.3170. The subsequent downward movement seems to be a correction and we expect its completion. A definite signal for the end of the correction and resumption of the upward movement will be a break above 1.3113! This will allow entry to the previous peak as well as to 1.3280. A break...
This is the third triangle-based trading opportunity this week. The triangle is a figure from the technical analysis, which is not very common, but is distinguished by its success. The third possibility to break a triangle is with EURCAD. This is our analysis of the pair from 17th, which is currently performed through the H1 triangle. If you do not have an...
Yesterday's analysis was a triangle at WTI. Did you trade it? Today we have prepared a very good looking triangle for you. Rarely does the price manage to maintain the levels of support and resistance so well. Now we are just waiting for a break to make an entry. The goals it has are: 72.93 73.28 73.76 To support us, like and comment!
WTI is in an uptrend of H1, forming a Triangle figure in its last part. The lower peaks and higher bottoms form a triangle, which we expect to be break soon. In the event of a break up, we will expect the upward movement to continue. The levels we expect it to reach are: 43.02 43.73 A break below the previous bottom will remove this scenario. To support us,...
A break in EURCAD showed the strength of EUR against commodity currencies! The downward movement in EURCAD of H4 is broken. The impulse rise allows the price to continue to 1.5557, and subsequently to reach 1.5630. A break of the previous peak will be considered to confirm an upward trend. This can be used to enter or add to an existing position. To support...
Last week we saw a break in the downward movement of EURNZD. The impulse rise managed to break through the descending channel, but not the previous peak. Now it looks like there will be a new break attempt. If we see a rise above 1.7340, we will already have a higher peak and expect the price to continue to 1.7433 and 1.7497. Entry is currently considered risky,...
Yesterday GBPUSD fell by 130 pips, and we managed to join at the right time. Today we expect a new decline! The downtrend has already been confirmed, as we have lower peaks and lower bottoms. The main resistance is currently in the zone up to 1.3180. The expected goal remains unchanged - 1.3031! If you want to find out the other trades we are in, contact...