Investor.Unity

Investor.Unity

Long term trend: Up Medium term trend: Down Significant Levels: 1251 (Horizontal Resistance), 1187 (Horizontal Support), Downtrend Line As previously discussed, the 1137 area is a very solid level on which the market will have a hard time to break it and recently, the price showed a strong rejection of this level and had gone up since then. We cannot say that...

Investor.Unity

Long term trend: Down Medium term trend: Down Significant levels: 1.3000 (Significant Round Number), 1.2500 (Horizontal Resistance), 1.2500 (Horizontal Support) Downtrend is still intact. Bears are still in control. There is still lots of room for this pair to decline further. Yesterday's candlestick was a big bearish bar. It is likely that the price will break...

Investor.Unity

Long term trend: Down Medium term trend: Down Significant Levels: 0.9000 (Significant Round Number), 0.8310 (Horizontal Support), 0.8550 (Horizontal Resistance), Trend Line The downtrend is still intact in this pair. Last Thursday, 27th of November, the price chart formed a bearish pin bar. This pin bar is a signal that AUDUSD is still in the downtrend and the...

Investor.Unity

Long term trend: Up Medium term trend: Down Significant Levels: 0.7690 - 0.7750 (Horizontal Support), 0.8000 (Significant Round Number and Horizontal Resistance), Rectangle Since October, the price of this pair has been in a Rectangle pattern. As previously discussed, we are bearish with this pair, therefore we would prefer for the price to have a breakout below...

Investor.Unity

Long term trend: Up Medium term trend: Down Significant Levels: 1.5920 (Horizontal Resistance), 1.5590 (Horizontal Support), Downtrend Line We can see in the chart that the trend line was respected by the market and currently, the market is going down. Bears are still in control on this pair therefore, placing short trades is our only option here. Yesterday's...

Investor.Unity

Long term trend: Down Medium term trend: Up Significant Levels: 0.9680 (Horizontal Resistance), 0.9540 (Horizontal Support) In the previous analysis, it is stated that a retracement back to the support level is the preferred trade and it was a success. The price retraced back down to the support and after that, formed a Bullish Pin Bar signal and continued its...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant Levels: 11217 (Horizontal Support) It is clear in the chart that US Dollar is strong. The uptrend is very clear. There's not much to be said here, but always take note that this index is useful especially for EURUSD pair. As you can see in the chart, there is no resistance. It's because this index made a new...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant levels: 110.00 (Significant Round Number), 114.70 (Horizontal Support), 117.90 (Horizontal Resistance) This pair has nowhere to go but up. As of writing, the price is sitting at the resistance area. As the price is at the resistance, we cannot trade this pair right now. That is because we are bullish with this...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant levels: 5370 (Horizontal Resistance), 5070 (Horizontal Support) The pennant that formed was a failure. The price went down and broke the previous support level, which is now the resistance. Currently, as of writing, the price is rejecting the resistance. For this index, we still want to trade this on the Long...

Investor.Unity

Long term trend: Up Medium term trend: Down Significant Levels: 1187 (Horizontal Resistance), 1137 (Horizontal Support) XAUUSD retraced back to the 1187 level. The price is still near that price level as of writing. We are still bearish with Gold and this is the best opportunity to go Short. Yesterday's candlestick was an inside bar which indicated an indecision...

Investor.Unity

Long term trend: Down Medium term trend: Down Significant levels: 1.3000 (Significant Round Number), 1.2840 (Horizontal Resistance), 1.2500 (Horizontal Support) We are still bearish with this pair, but, there is no sign of bearishness recently. You can see in the chart that the recent candlesticks are slowly going up and the price is now above the 1.2500 level...

Investor.Unity

Long term trend: Down Medium term trend: Down Significant Levels: 0.9000 (Significant Round Number), 0.8680 (Horizontal Resistance), 0.8550 (Horizontal Support), Trend Line We are still bearish with this pair. Currently, the price is below the resistance. We want to see the price to close below it for a much bearish confirmation. There is no high quality setup...

Investor.Unity

Long term trend: Up Medium term trend: Down Significant Levels: 0.7690 - 0.7750 (Horizontal Support), 0.8000 (Significant Round Number and Horizontal Resistance), Downtrend Line It looks like that we did not get a breakout below the support area. Another thing is that the price broke above the downtrend line, which normally suggests for a trend reversal. Although...

Investor.Unity

Long term trend: Up Medium term trend: Down Significant Levels: 1.5920 (Horizontal Resistance), 1.5320 (Horizontal Support), Downtrend Line Our previous consideration of this pair to reverse and gain its previous trend, which is up, is now invalidated and the only way to trade this pair right now is by selling it. GBPUSD is so weak right now. Recently, the price...

Investor.Unity

Long term trend: Down Medium term trend: Up Significant Levels: 0.9680 (Horizontal Resistance), 0.9540 (Horizontal Support), Fibonacci Retracement The resistance was recognized by the market. Price is now forming a consolidation. We are still bullish with this pair. What we are looking for here is for the price to touch the support line, then bounce back up and...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant Levels: 11152 (Horizontal Support), 11288 (Horizontal Resistance) It looks like the USD has found a Resistance at 11288. Though, there are plenty of room for this Index to go up further, USD might rest for a while now. What we prefer to see here is for the price to go back down to the Support before breaking...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant levels: 110.00 (Significant Round Number), 114.70 (Horizontal Support), 117.90 (Horizontal Resistance), Fibonacci Retracement The rally of this pair is extremely a strong move. After the price broke the 110.00 Significant Round Number, the price didn't stop going up. The trend of this currency pair is so solid...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant levels: 5640 (Horizontal Resistance), 5370 (Horizontal Support) This index has clearly gained its strength. The recent up move is so steep. Currently, the price is making a small consolidation area which indicates that the strong move up cannot be sustained for an extensive period of time. What we're looking...