From Technical Views: 1. From my last analysis, I said we may have a potential IHNS pattern if the market will form it. But the market didn't form it and create a demand area on the daily timeframe. 2. The demand area is aligning with the 32.8 FIB level, a high probability that the market will react with this area and move to the upside. From Institutional's...
From Technical Views: 1. The weekly timeframe created a bearish impulse followed by a deeper correction, may expect a next big move to the downside. 2. The daily timeframe may create a potential HNS pattern for us, indicated a potential downside. 3. Both weekly and daily show a clear bearish sign From Institutional's views: 1. Overall bearish bias on CAD...
From Technical Views: 1. Price move to the downside aggressive last week but fail to create a new lower low, and create a fake breakout with an equal high at the moment, the high probability will create a potential IHNS pattern for us From Institutional's views: 1. Bearish bias on GBP on longer-term of view 2. But keep in mind, they are extremely bullish on...
From Technical Views: 1. Price was broke above the wedge formation and retested on, we can expect a further upside on it. 2. But need to careful on SILVER, we still have a strong weekly structure haven't retest, the price may move to the downside messily to retest it and continue move to the upside. From Institutional's views: 1. Bullish bias on SILVER. 2....
From Technical Views: 1. Price was broke below the previous lower low on the daily timeframe, expect a further downside after the retracement. 2. The potential resistance level is aligning with the 32.8 FIB Retracement, a high probability that the market will react to this area and continue move to the downside. From Institutional's views: 1. Bullish bias...
From Technical Views: 1. Price reached the major support area with a small M formation on the daily timeframe, expect at least a deeper pullback to the middle of the M formation. From Institutional's views: 1. Bullish bias on both EUR and NZD, but for longer-term of view, EUR is stronger than NZD 2. In the last data, 3.6k of long positions were added on...
From technical views: 1. Weekly are showing an aggressive move to the upside without any retracement, expect a deeper retracement coming in this week. 2. While daily show a clear break below the support level, potential bearish Elliot Corrective Waves will complete and drive the price to the downside. Targeting the potential weekly support level, which shown on...
1. Weekly is showing a possible move to the downside to retest the potential structure support level before moving to the upside, and this potential support level is aligning with the 0.618 FIB level, a high probability that market will retest to this level before moving to the upside. 2. But Daily shows a support level at the moment if the price will break this...
Two Scenarios on EURUSD First scenario: If the next daily candle will break back above the daily resistance, confirmation of completed IHNS, possible bullish setup on EURUSD. Second scenario If the next daily candle still remains below the daily resistance, confirmation for the downside Elliot Corrective Waves, possible bearish setup on EURUSD and...
Monthly and weekly are showing a possible move to the downside to retest the potential structure support level before moving to the upside. But Daily shows a support level at the moment if the price will break this stong level respect with the descending trend line , confirm for the bearish movement. From institutional's views: 1. Interest shifted to bullish bias...
From the weekly point of view, the overall market environment is very bearish, further downside is expected. And from the daily point of view, the market environment also indicated bearish, but it didn't show a proper retracement to us on the daily timeframe, once the market completed the daily retracement with 32.8 FIB, we can see a further downside. From the...
From my last analysis on GOLD, I said if the price will not break below the daily support level, we may see further upside on gold, and now the exactly rejected the daily support and starting to move to the upside, we may see last push to the upside (just a little bit) then the gold may start to drop. From the institutional point of view, they are all the way...
From my last analysis on SILVER, I said the price is moving inside the horizontal wedge formation, we only can looking the opportunity once the break above or below the wedge formation. Unfortunately, price keep moving inside the wedge this week, you may keep this pair in your watchlist for next week's opportunity if the price will break either one side. From the...
From the daily point of view, price is sitting inside the major daily resistance level, if the price will able to break and close above, then we can confirm the bullish bias on this pair, otherwise, it can reject from here and move to the downside aggressively. From the institutional's point of view, they are bullish bias on EUR and bearish bias on CAD. In the...
From my past few days' analysis on EURUSD, I said we may see a further downside if the price will show some rejections to us inside the potential resistance level. Otherwise, it may create a fake breakout on a daily perspective and continue to move to the upside. Unfortunately, the price created a fake break out on the daily timeframe and may create an IHNS...
From the daily point of view, price moves to the downside aggressively and completed the first Elliot Corrective Waves, and now we may have the second ECW to bring us to the downside. If the current structure level will become potential resistance, then we can see further downside to the next support level. From the institutional's point of view, they are bullish...
From the weekly point of view, price bounce to the upside aggressively after rejected the strong weekly support area as shown on the chart. Then from the daily point of view, price break above the strong resistance level, if this level will become potential support, then we can see further upside to the next resistance level. From the institutional's point of...
From the daily point of view, we have a potential double top pattern, if the price will fail to create another higher high on the next day, we may see a massive downside on the oil. OR if the price will able to create a new higher high on the daily perspective, further upside is expected, because we have a strong potential resistance need to retest as shown on...