waiting for a break of support zone around 89.73 a break will trigger an idea to look for opportunity in dollar pairs EURUSD, GBPUSD
uptrend in the 4hr timeframe. EURUSD is at a previous higher low, which is acting as resistance. waiting for a break above for a green light to continue to go long.
we can see that it ahs been holding supports well buy double tapping that support area. wait for a break above the resistance area of 152.30 for buys. targets marked.
wait for a break out of the resistance zone. a break above and close above 1.4013 will signal for more uptrend continuation. buys incoming!!!
we can see that the strong support held well at 1.19911 and failed to break below. it also broke above the resistance at 1.2150, this is already a green light for more continuation to the upside. Good entries will be if it retraces back 1.2140 zone for good buys. Targets marked above.
after silver closed above the resistance on the 4hr timeframem we can see that it retested the zone and turned to support. on the daily timeframe we can see that the daily candle is closing above the previous daily candles this is a green light for uptrend continuation
we can finally see that gold is breaking out of the range on the daily time frame. next targets are marked for more uptrend continuation
On the weekly timeframe we can see that ADAUSD is breaking above the resistance that was formed on january 2018 with highs of $1.33 it is now breaking out creating new highs and indicating more uptrend continuation.
on the 4hr timeframe the DXY was ranging at the resistance zone 91.38 it finally failed to break above the resistance zone and is dropping below the previous support. This indicates that it failed to change to a bullish trend and back to bearish sentiment. more weakness on the dollar pairs
DXY is currently at a resistance zone on the 4hr timeframe. A break and close above the zone will signal a flip on the dollar strength bias. a failed break and a bearish engulfing candle will still put dollar in the range bias. waiting game for now.
EURUSD is at a support resistance zone on the 4hr timeframe a close below that zone will flip the bias to bearish. if we have rejection wicks and a bullish engulfing candle, bullish bias will remain in play i am monitoring this for now until it decides where to go
we can see on the daily time that gold has been ranging between $1764 and $1797 a break above the resistance zone and close above it will be good signal for more uptrend continuation for gold
on the weekly timeframe we can see that its in a resistance zone a break and close above $66 mark will see more push to the upside for the crudeoil
it is currently at a strong resistance zone at the 4hr timeframe a break and close above the 1.2070 mark will be good for more uptrend continuation
silver broke above that resistance zone of $26.48 it close above the resistance next target is $28 mark will be hit if more bullish strength continues
we can see on the 4hr timeframe that its closing above the previous resistance of $0.42 good signal to indicate a uptrend continuation
btc has been forming higher low moving up it has been respecting the support zone at $56k a break above the resistance at $58k will see it move to $62k