PivotPoint_FX

PivotPoint_FX

This pair has been moving beautifully inside a bearish channel, printing lower highs and lower lows. The market is clearly bearish and price is currently @ 1.3566 resistance an area that also played support previously. A sell at this price as a bear I would have an aggressive target of 1.3193 for the weekly swing. If price moves up than my next level to sell will...

PivotPoint_FX

This pair has failed to print a higher high, instead we see a higher low has been printed, a clear technical indication that bears have taken over. The resistance @ 138.027 has held and price slowly moving south with the potential bearish target being @ 133.628.

PivotPoint_FX

This pair has broken the range to the downside on this time frame, pulled back to test the previous support turned resistance and now price looks like it could continue its downward movement. Resistance is @ 16.713 and the bearish target for the short trade is @ 16.462 on the hourly time frame. However if price moves to the upside and breaks the resistance, that...

PivotPoint_FX

This chart looks to have printed a head and shoulder pattern. Price has found resistance @ 163.793, if this resistance holds than we could see a move to the downside and a print of the next lower low. Immediate support on this chart is eyed @ 159.746, and a break of that support area to the downside would probably give bears more conviction to sell. Seeing that...

PivotPoint_FX

This pair looks to be heading to the upside after a bounce off of support @ 1.6089/wm2 pivot. Bulls are in control for now, as price is trading inside an ascending channel. Pivot point theory suggests that a buy @ wm2 will give you a swing target of 1.6459/wm4 for the week.

PivotPoint_FX

This pair looks like its moving to the upside, well at least technically on the H4 chart. Price has bounced off of the immediate support area @ 1.4788 and has printed a bullish candle, maybe a sign what is to come. The moving averages are also holding price to the upside and if you zoom out on this chart you will see a clear pattern of higher high and a higher...

PivotPoint_FX

US30 is moving to the downside after breaking previous support @ 34185.30. Price has printing a lower low and a lower high, and bears will be targeting 32540.48 which is also the next level of support. Look for opportunities to short on lower time frames if you missed the initial entry.

PivotPoint_FX

The market direction on this pair is currently bearish after breaking the support area identified at 85.093 which is now playing the role of immediate resistance. A pullback to the above mentioned resistance area and a lower high print would signal another sell opportunity, however the chart also shows that the 21ema(red ema) is currently acting as dynamic...