MtICHI

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another head and shoulder pattern is seen on four hour time frame which is against its similar head and shoulder pattern in daily time frame as depicted in my below analysis if this pattern confirmed downward move toward 76$ is probable . please see my previous analysis The West Texas Intermediate Crude Oil market initially rallied during the day on Friday but...

MtICHI Updated 

gold is made a double bottom and we are expecting to go higher after bouncing from ema200 . after the GDP, Initial Claims and Durable Goods were released, both Treasury yields and stocks rose. These reactions strengthen the case for the Fed to maintain its hawkish stance in coming months as it seeks to cool inflation with interest rates that officials have...

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we are taking sell position on usdchf on 15 min chart.we are taking this position based on arrangement of ks and ts entry:0.91977 target :0.91679 RR:2.7 please like if you interested in

MtICHI Updated 

we have a sell position on gold our analysis is based on classic chart pattern of double top and ichimikou arrangement of tk and ks entry:1941 tp:1929.33 RR:2.4

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hello traders .we are taking a short position according to wave analysis and ichimikou arrangement position :sell entry:17.11990 TP:17 RR:2.6

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oil is making a head and shoulder pattern and rallied due to USD weakness .keep an eye on the neckline to know whether upside move is happening or not. see my DXY analysis as may help.DXY will make a short rally which could be a bearish factor for WTI for a while fundamental view: The U.S. Dollar is trading at a seven-month low against a basket of major...

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please see chart on daily time frame we may have seen a head and shoulder pattern is underway to be completing or we may face with fifth wave of an impulsive wave to be complete. green line breaking will specify which scenario will happen if green line breaks stock will rise to 500-600 $ and then go to 25$ if green line holds ,head and shoulder completed and...

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we are expecting Aussie to go further up toward its targets @1.098 or even 1.12 before heading south . our analysis is based on wave analysis as we are in a corrective wave and B leg of an ABC and also ichimikou overlapped ks and ts. please comment if you like and like if you are interested .

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a nice pattern on daily timeframe indicating of bear move toward 1.87654 or even 1.86587 pattern is overlapped ks and ts and also strong cross below kumo cloud please share your comments and like if you are interested tnx

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a nice repetition is underway as in 2022 a pattern made as depicted on the chart which is now happening in the same way with target @0.23$ the underlying behavior of such pattern is how kijensen and tenkesen of ichimokou is arranging when candles are going toward them. another reason for correctness of this pattern is a wolfe wave pattern made earlier and its...

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two wolfe wave pattern is seen and their targets are shown . we are keeping eye on the pair for this bear move. please like and comments .tnx

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The pair is now correcting toward 18.43 .my previous analysis was as below

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worried about fuel demand as the global economy slows and COVID-19 cases grow in China as the bearish move this week represents the steepest percentage loss in the first two trading days of any year for over 3 decades. Contributing to Wednesday’s weakness were a number of factors. The World Health Organization said data from China showed that while no new...

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a wolfe wave pattern along with a head and shoulder with a target @18.78 .please follow this pair and leave any comments or like if you are interested in.tnx

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waiting for trendline break to enter long .cable now is struggling with trendline and upon breaking upside targets will be reached as depicted on the chart .on daily time frame tenkensen and kijensen are crossed each other above kumo cloud which is strong bullish signal . please share your idea and like please tnx

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Pair is heading south and now ichimikou tenkensen and kijensen Overlapped indicating downward move will happen .target for this bearish is expansion fibo 100 to 123.6 %

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All Eyes on Bank of Japan The market’s focus remained on the BOJ. Speculation is building about a change or end to Japan’s yield curve control (YCC) policy, given that investors have pushed 10-year bond yields have a ceiling set by the BOJ of 0.5% and the amount of bond buying to defend it has become staggering, according to Reuters. Under the YCC policy, the BOJ...

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The EUR/USD is being supported by traders betting the Federal Reserve will ease the size and duration of its rate hikes at its Jan. 31 – Feb. 1 policy meeting. The catalyst behind the move is last Thursday’s report showing U.S. consumer prices fell for the first time in more than 2-1/2 years in December as gasoline and motor vehicles prices declined, offering hope...