After a big bullish impulse this pair has been on a corrective structure. Price has broken the structure but we must see a MA200 breakout to validate the setup.
We can expect some bearish movement in this pair the next weeek. On a daily frame, we can see a breakout + retest of MA50. Lowers frames show us a short opportunity. Price rejected MA50 & 61.8% fibonacci retracement.
Aussie rejected twice the MA200 and 50% fibonacci retracement. Actual candle is broken the correction line. We can expect some bearish movements the next days. Pattern will be confirmed if Hourly candle stays below TL.
After a big bullish impulse last friday, price is on a corrective structure. Now is rejecting 38.2% fibonacci retracement, but we should see it dropping till MA50 aprox(coinciding with 50% or 61.8% fibonacci). Long positiong will be taken at bullish breakout
Price is on a hourly bearish trend. CHF rejected 50% fibonacci retracement % MA50. Waiting for a breakout of the correction to open a short position till 115.00 aprox. A breakout above MA would invalidate the trade.
Price has been correcting big bearish movement since last week. EJ rejected 50% of fibonacci + MA50 with a low bullish volume. Breakout has done, so we can expect bearish movements this week.
Price has been correcting in the last candlesticks after a big bullish impulse.As we see, 38.2% fibo retracement has been rejected. Also, price is above MA50. We should wait for a bullish breakout to open a long position.
Pair rejected twice at the same price, wich coincides with 38.2% fibonacci retracement and 50MA. We may expect a bearish breakout of the correction to open a short position.
EURUSD rejected last week the 1.20 psychological level. Today we can see a breakout of a 1H-4H trend. So, a bearish movement till the prime trend is expected. Then, two possible scenarios could happen. Scenario 1: Correction till the prime trend. Breakout of the correction and bullish rebound. Scenario 2: Breakout of the prime trend and bearish movement till...
Price rejected a resistance level (110.60 aprox) in a 4H timeframe. UJ is doing a bullish movement with low volume, wich could indicates a pullback movement. Price is below MA50 in 1H time frame. Also, this pullback respect 38.2% fibonacci retracement. We should wait for a breakout to open a short position.
Price has stopped in a resistance level (129,00 aprox) showing a clear bearish setup. Price is showing a corrective structure(flag) wich has rejected 61,8% of fibonacci retracement. Also, price is below MA200. We must see a clear breakout of the corrective structure to think about a short trade.
Pair has been correcting the last week, after a big bullish wave. Price stopped three times at 38.2% of fibonacci retracement. Waiting for a bullish breakout of the structure to open a long trade.
Pair was in a corrective structure the last week. Now, a daily engulfing candle confirms the breakout of that structure formed in a 4H frame. Also, price has rebounded in a bullish trend line. We should see a little pullback in 1H-4H frame to go long again.
Euro has been in a corrective ABC structure the last weeks. Today, price broke that structure. We can project a new bullish wave till the next maximum level.
Pair has been in a corrective structure the last week. Price is moving next to 61,8 fibonacci retracement wich coincides with a support level. We must wait for a bullish breakout of the structure to open a long position.
Euro was on a bearish trend the last weeks. At today season, a bullish 4H candle has broken the bearish trend. We can expect a bullish impulse till 1,485 level. A significant breakout would confirm the bullish rally till the next maximum level. If doesnt break that level, bearish rally may appear. Be carefull with the high volume of this pair.
Last days we saw a reject from the price to the resistance level, creating a bearish correction of the last wave. As we see, correction has been broken, and if price stays above the resistance, we can expect a new bullish wave. Next resistance level-> 1.34
Weeks ago this pair broke bearish daily trend. As we see in the chart, price is showing an eliott wave structure. What we see here is a common flag correction of this prime bullish structure. Breakout has done, so we can expect a bullish movement.