Context: After the strong rallie attempt we failed to takeout the recent high on a 2nd attempt (0.8070) and formed a lower high price then retraced somewhat back to the broken resistance , which now holds some minor support, as we formed a higher low, we nolw have evidence of indecision at hands, and the future course of the market will be decided on how that...
Context: After a nice rallie , we rejected a former middlepoint @1.135x , price tunred down and broke a demandline formed a indecsion and cleared it to the downside , we have found some minor support @1.1135 , if that level fails to hold we head back to test the broken resistance @10200 signs of strength: uptrend broken resistance signs of weakness:...
Context: after a major uptrend , price found balanced an ranged for quite some time , till price broke out to the downside, however the momentum of the down move decreased and we somewhat found support @1.194, from here on it depends if we continoue lower we first have to takeout that support level, a break of the highs would encounter a retest of broken suport...
Context: this pair remains in a downtrend, however we are at a oversold level where price found support and balance, the first attempt to rallie out of this balance failed, and the 2nd attempt made even a lower high , but nonetheless we are still in a position of a 3rd attempt to take out the recent highs, but we can only talk of a strong market till we have...
Context: this pair has been in a downtrend , as of now we have broken a supply line and showed some signs of strenght but the actual high still holds, nevertheless we can esitmate some further strenght , due to a rejection of a 50& retracement and a strong rallie attempt , however as long as the high @1.555 isnt taken out we cant speak of a strong market as of...
Context: Usd/Jpy remains in its range with support beeing @118.600 and resistance @120.400 as it remains in this range for now one can either wait for a breakout eitherway or simply buy support and sell resistance signs of strenght: up trend former middlepoint now support signs of weakness: resistance still holds
Context: the pair still remains in a down trend , even thou price found support @1.050 and broke a minor resistance @1.1020, the current rallie got stopped at a fromer middlepoint @1.354 , price may retest the former broken resistance @1.102 if that level holds we will see a retest of 1.1354 again, a breakout of the current resistance will lead to @1.154...
Context: Price is in a current strong rallie which broke thru resistance @1.10xx , however price rejected a former middlepoint of an indecision @ 1.135x , but we are still in a strong market as the demandline still holds. if we from a another attempt to test the level of 1.135 and we fail again this adds to weakness any break of that demand line will get us back...
Context: Usd/Jpy trade within a range with support @118.600 and resistance beeing 120.400 price respected resistance yet again , but price managed to reject somewaht slightly before the support level @119.05 a former middlepoint of a minor range and formed a higher low we are currently on the way to test resistance yet again. signs of strenght: strong...
Context: After a price attempted a rallie and brokeout a former resistance level @79xx we found resistance @807x , price did respect the 50% level @7818 but the rallie came to an early halt and formed a lower high , price now is on its way to test the 50% level @7818 again, to reconsider any strengt returning into the market price needs to clear the down channel...
Bullish and Bearish scenarios of this Pair are within the chart
As Aud/Usd gathered some strenght since April this year , we may now come to an halt of that push in may as we notice that the current rally from @0.781 didnt retested the early top @0.8073 and formed a lower high, price made a reaction @0.7920 but the rally induced by this came to a further halt @0.8000 forming yet another lower high , looks liket he bulls are ...
NQ clearly is in an uptrend and severly knocking at the overbought levels , but fails to reject therefore the new value (price+time) is found and we may not be so overbought anymore , and this may lead to a rise in price at the current strenght shown in the market, and therefore a shift from current "overbought" levels to new higher levels may begin to unfold
Given the recent signs of strenght this instrument shows(as seen in the chart) , we have a potential buying opportunity in form of a higher low at or near the level of @58.80ish respectively on a retest of the suport level @58.30ish , where we could establish a long opportunity , with targets @64 and @66 whereas the initial stop loss should be placed @58.20...
Background: This pair shows a nice uptrend and we currently came to an halt at a very important key level @185 ,which is the 50% retracement level of the downmove from 2007-2009, price reacted at this level but we didnt rejected it , ie. price is holding its gains thus far and forming a range, where the resistance is @185 and support is a former broken...
Background: Price found enough demand to halt its current downmove @1.46300 where the current minor rally broke the (red) supplyline indicating that demand outweight supply at this moment , the rally stopped near the current high @1.5552 which can bee seen as current resistance which needs to be overcome in order to speak for returning strenght to the market ,...
Background: Aud/Usd Remains in a downtrend but we found support @0.75600 ish level and price found balance, we formed a minor range between 0.7560 support and 0.7914 resistance , where price broke thru resistance but price traded back into the broken resistance, however its not over for the bulls as the up channel is still intact and if we find buyers we may...
Background: The downtrend is still intact , nevertheless price managed after forming a higher low to breach a downtrendline and form a higher low , price managed to break a resistance level @1.108ish* and therefore shows some potential to rise with the next res. level @1.135ish a former MP of an indecision level Signs of Strenght: Higher Low Broken...