Investor.Unity

Investor.Unity

Long term trend: Down Medium term trend: Down Significant Levels: 1.3000 (Round Number), 1.2800 (Horizontal Support) There is nothing to trade here, right now. Current price is away from the nearest resistance which is that Round Number 1.3000 and that's the area where we want to place our trade. As we are Bearish with this pair, our best trade would be to go...

Investor.Unity

Long term trend: Down Medium term trend: Down Significant Levels: 0.9220 (Horizontal Resistance), 0.9000 (Significant Round Number) Currently, this pair is hard to trade because of its uncertainty. The price of this pair has been in a range previously, which in turn broke below the range signifying its Bearishness. Though the market is currently going down, some...

Investor.Unity

Long term trend: Up Medium term trend: Up Significant levels: 105.30 (Horizontal Resistance), 100.00 (Significant Round Number), Uptrend Support and Uptrend Resistance After a period of consolidation, this currency pair is now forming an uptrend. The price broke above a significant level which is the Horizontal Resistance at the 105.30 level. As can be seen in...

Investor.Unity

Long term trend: Up Medium term trend: Down Significant levels: 0.84 (Horizontal Resistance), 0.811 (Horizontal Support), and 0.80 (Significant round number) Long and Medium term trend are not the same. This is the perfect scenario we want to find to trade. Why is that? It's because it gives us more opportunity. As in this case, the long term trend is up, but the...

Investor.Unity

As previously discussed, this pair is in an uptrend. But currently is forming a down move. This down move is a strong retracement of the previous uptrend (where the Fibonacci retracement is aligned). The current Resistance level is at 1.6270 and Support level at 1.5900. As can be seen in the chart, the Resistance is very significant here. It is aligned with the...

Investor.Unity

USDCHF is in a clear uptrend. Resistance and Support levels are 0.94 and 0.917 respectively. The Significant Round number that can be seen in the chart is the 0.90 level. What we're looking for to trade here is a retracement from its current new high. The confluence area here is where the Support and Uptrend line meet. This would be the best area where we can...

Investor.Unity

As mentioned in the monthly analysis, this index has a long term uptrend but currently in a range. The monthly analysis linked to this has the same idea. It is worth mentioning here in the Weekly chart that the Open of the current bar almost made a gap with the previous bar. This indicates that the market really wants to go up, but is now stuck at the resistance...

Investor.Unity

USD, in the monthly chart, is currently in a range. Although the long term trend is upward. The Horizontal Resistance at 10841 level is really a significant area. It is very interesting that the current price is at/near this level. We could see in the next few weeks how the market will react at this level. But even if we see the reaction of the market, we don't...

Investor.Unity

Continuation of 28/08/14 Analysis --- This index is still in the uptrend. As previously mentioned, both lines above (uptrend and horizontal line) should serve as support, though it is better to trade at the uptrend support because it has a lower price. But what is important is how the price reacts in these two levels. As can be seen in the chart, the price...

Investor.Unity

Continuation of 28/08/14 Analysis --- This index is still in the uptrend. As previously mentioned, both lines above (uptrend and horizontal line) should serve as support, though it is better to trade at the uptrend support because it has a lower price. But what is important is how the price reacts in these two levels. As can be seen in the chart, the price...

Investor.Unity

Continuation of 28/08/14 --- As previously discussed, the price of Gold formed a Triangle Pattern. This triangle pattern that was mentioned before was already broken. The price broke below the pattern which indicated that the market wants to go lower. As can be seen in the chart, there is a medium term significant area which is at the 1270 level. After the price...

Investor.Unity

Downtrend is very clear in this chart. The downtrend resistance line, is very steep which indicates that the price really want to go lower. On the other hand, the uptrend support line was just broken in yesterday's Daily candlestick which is also an indication of a market decline. Another thing is that the level 1.30, which is a significant round number and also a...

Investor.Unity

Continuation of 27/08/14 Analysis --- As previously discussed, this pair is currently in a range. The Large Pin Bar as shown in the chart (and was mentioned in the previous analysis) is still valid. That the market still wants to go up. This was validated by the Bullish Engulfing Bar that formed yesterday. This BUEB indicates that the market, currently, does not...

Investor.Unity

Continuation of 25/08/14 Analysis--- The strong upward movement that recently formed continued and that confirmed that this pair is now out of the range bound trade. Also, as mentioned before, the 104.00 level is a significant level and which was respected by the market recently. The price struggle a bit at that level before forming a new high again. The next...

Investor.Unity

As previously discussed, the level 0.84 is an important area as can be seen in the chart. But in the recent bars, it did not act as a support. What we are looking for here is the next support where we can place our Long trade because we are still bullish with this currency pair. The next supports are 0.821 and 0.811 level. Even though 0.811 is a more solid support...

Investor.Unity

This currency pair is in a clear uptrend. Significant areas are highlighted in the chart. Those areas are important to us to determine where we'd look for our trade. As shown in the chart, the uptrend continued all the way to the significant round number (1.7) level and broke above. But the market is not ready yet to go beyond this level and went back below it...

Investor.Unity

This currency pair is in a clear uptrend. Significant areas are highlighted in the chart. Those areas are important to us to determine where we'd look for our trade. As shown in the chart, the uptrend continued all the way to the significant round number (1.7) level and broke above. But the market is not ready yet to go beyond this level and went back below it...

Investor.Unity

USDCHF is currently in an uptrend as can be seen in the lower right part of the chart. Previously, this pair was in a downtrend as can be seen in the upper left part. The significant level (resistance) which is 0.9170 level is justified by the arrows in the chart. The arrows show where this level had been important. Significant Round Numbers will always be there...