we have a trend line deviation here, where we are expecting a market reversal in confluence with market volume and current strength. So it does look like a short market reversal is taking place this could be a reversal before it continues onwards in a downward trend/direction before ultimately starting to shoot up again. Fibs and trend and market structure are...
based of fib levels and GBP hitting a strong low expecting.a bounce back at least to some extent US dollar may be dropping today end of week, lots of speculation of the virus hitting the us, few big metropolitan areas have seen a incline in cases recently even tho majority are not severe. it could still cause the speculation of us in pandemic to sell off GBP has...
usd jpy short we have the usd hitting. strong level of market structure against the jpy . with current market conditions expect it to bounce back to the . 236 , 5. and 618. on a strong market retracement
continuation pattern from yesterday, trend is strong, Market conditions still moving in a downward direction expect more downward movement today before it starting to make move back up tomorrow !
we have the eur hitting a strong point in market structuree so it should be be moving downward from here unless euro feds pump market full of volume and dollars to balance how the market sentiment is reacting but half way through the week should be a good time to call for short here
News being dropped on the eur today got back a few lower numbers than expected and a lot of countries being on quarantine in Europe because of the coronavirus we are going to short from the 4 hour structure line which is yellow to the monthly structure which is the brown line !
EUR USD SHORT ... AMID CERTAIN COUNTRY LOCKDOWNS AND PRICE ACTION HISTORY WE WILL HAVE A FALLING OF THE EURO AGAINST THE USD UNTILL THE SCARE GOES AWAY AND COUNTRIES COME OF LOCKDOWN AGAIN
market correction trade Japan remains close to epicentre of coronavirus breakout so still a bit shaky us futures and stocks moving strong expect a big move up here possibly today or this weekend
EUR USD HAS broken key level of structure and will continue to lower support before bouncing back up
So AudUSD has just hit a key level of support and should be making a decent retracement up to get in for some good Pips. 3 take profit zones outlines and one stoploss zone . The orange are strong levels of support and resistance the thin pink lines are the ones I have used for sub zones of support and resistance.
eur should drop against the usd seems to be hitting support resistance and price reversal zone
Here we have all indicators pointing towards a downtrend Bollanger Bands, Stochasic - over bought RSI- over bought PRZ - confirmed Pull Back Confirmed trend lines confirmed two outcomes after the huge pull back it may bounce off the resistance and continue back in the downtrend or it may break the resistance come back in the circle if it does not turn back...
Due to price reversal zones, trend lines, Bollanger bands, RSI and Stochasic indicators the market should be moving in a. downtrend very soon
using market confirmation trendiness, prz, Bollanger bands, pull back and support and resistance I am seeing a sell
market seems to be in a downward trend, using support and resistance and vice versa it I believe has re tested and will continue in a down trend