LADEEc57

LADEEc57

Bullish momentum coming into play after completion of upside-down head-N-shoulder formation on the monthly time frame. I can see it retest previous highs at $1.0344 level set in 2016 with a possible pullback limit at the 49EMA line near $0.98 levels for long stops.

LADEEc57

Orderly weekly pullback setting LL with LH confirming bearish trend, but staying within narrow range as other USD cross pairs start to strengthen all of a sudden. Watch for a possible reversal towards 49EMA with follow through continuation. Cross pairs to the rescue, namely ; USDJPY upward revival & EURUSD continuing price erosion. I see the trend changing and...

LADEEc57

Weekly range play saw it making a LH but still maintaining above short term trendline , when it finally broke below. Price action is set to retest prior trough levels at 0.9774 seen just below the 49EMA/pivot. Should pricing fail to hold these levels, the void breakdown could be significant.

LADEEc57

Weekly chart showing steady price ascension since April reversal lows at 89 levels to signal a bullish trend change, but price failed to continue higher above the rising long term trend line above the 96.89 level. Price action set to reverse lower to retest the the longer term trend line at 95.89 point, and should it break below this area, chart could show a new...

LADEEc57

For the upcoming week, price action seen drifting lower, towards the first support level at 1.3088 followed by the next support at 1.3004. However, since mid July, price action has been range bound, between 1.3000 to $1.3300 levels, so a risk-on sentiment could move price action onto the first resistance point at 1.3216 followed by 1.3288 level.

LADEEc57

As seen by the S-curve pattern on the 4hr time frame, $TYX price action seen challenging June 6th highs of 31.40, after Friday's sell-off. Had it not been for Friday's selloff, price action was set to stay below 29.50, at levels along the downward sloping trend line. Next week could set the stage on whether traders will push price action higher, or be challenged...

LADEEc57

Rebounding price action may come into resistance over the next few sessions as it is about to retest the upper range of the bear pennant. The last time it revisitted this area was back in November after failing to follow through above the longer term downaward trend line and seeing pricing pull back towards the 104.62 levels. This is the third time it is set to...

LADEEc57

This is it, price action may blast off from the double support made in June and if it breaks above short term trend line, could see it challenging the 1.3315 trough level over the next few trading sessions.

LADEEc57

On the 1 hr time frame, price action has been one of a bulls vs bears situation since May 29th up until June 14th. The bulls finally showed their strength, pushing price action out of the upper channel resistance area at $1.3025, to current levels at $1.3260. We believe the bulls succeeded due to influence from other weakening USD cross pairs, which would likely...

LADEEc57

On the 1 hr time frame, price action preparing for a rebound from current $1.1650 levels as it reaches upper band range of the downward sloping trend line. This area seen as a resistance level as it prepares to break above this level as supported by emerging ichimoku grean cloud. If breakout occurs, we could see price action reaching previous 1hr bottom troughs...

LADEEc57

The 2hr price trend is now bullish as a result of the 28 EMA having crossed over the 49 EMA trend line. Should the crossover hold it's pattern, the price action has shown an argument of self reparation mechanism of action which could put it at the beginning of a new bull cycle. The cross over has generated a possible buy signal to challenge the resistance...

LADEEc57

The 3hr price trend remains bearish until the 28 EMA signals a bullish cross over. Patiently awaiting Long entry with a stop loss limit.

LADEEc57

Weekly downside break below $1.3500 saw long stops setups triggered by algorithms pushing pricing to converge towards the 2nd bullish trend line at $1.3445 level before bouncing sharply to current levels $1.3540. Next week I see price action resuming it's bounce trajectory towards the $1.3711 range supported by strengthening EUR cross pairs and waning USD longs....

LADEEc57

Weekly price downside break set to challenge February lows at $1.3711 after chart failed to continue higher. Price action could potentially converge onto bullish 28EMA trend line & reverse from there, setting a double bottom & continuing with the overextended bullish momentum. I see much of the intraweek pullback as a swing style entry which could easily retest...

LADEEc57

Key Trend Points: 1hr frame analysis Waiting for pullback to value at $1.4220 to take it higher on assumption it bounces from the white ascending trend line. Failure to hold that level could see it retrace towards nearer term support line at $1.4167 levels. On the flip side, bullish trend supported by inverted head n shoulder pattern which suggest a further...

LADEEc57

Key Trend Points : 1hr micro time frame Finally some bullish momentum coming into play on the hourly chart. False breakout at the $1.2390 level signals a directional trend change causing a new resistance level to appear at the $1.2349 level as confirmed by the EMA crossover. A possible consolidation in the works may see price action revisit it's support line...

LADEEc57

Key Trend Points : $USDJPY on the 4hr chart is in a sideways channel pattern after holding above the $106.73 levels and bouncing towards the highs of $107.73 before tapering to current levels at $107.33 area. On the 4hr frame, strengthening price action is supported by the 28EMA still being above the 49EMA and $USDJPY may revisit previous highs set in Feb 21st...

LADEEc57

Key Points $EURUSD on the 4hr chart is in continuous retracement pattern after breaking below the $1.2381 levels and falling to the $1.2219 area before rebounding to current levels of $1.2279. Price action weakness is supported by 28EMA still being below the 49EMA on the 4hr chart and $EURUSD may revisit earlier lows to challenge the longer term ascending...