I predict price will begin consolidation between the support and resistance zones.
Im still expecting upside and will look for a break in the 20 period moving averages for more bullish confirmation.
I'm expecting a pullback after more downward movement.
After a rejection candle has formed on the lows, I can see price retrace to the structure zone, followed by a decisive move either upwards or downwards, I wouldn't enter until price has entered the zone.
Price has reached a multiple tested resistance level, I believe this time the level will be broken. Price has been bouncing off this level for some time and with each time the move after is weaker and weaker, indicating low bearish moral. Price has show a decision to not break below the recent support zone after consolidating within that zone. I'm looking to...
From current price we can either see a move down or a move up. Price has retraced to the .618 Fib level of the recent bearish move. This can easily be just a pullback before a continuation of the downtrend. But the downtrend is not a strong trend, due to this we can easily see a move up to meet with the last swing high.
After price broke out of the ascending channel, it moved to a highly respected support level and put in a long wick. I'm predicting a pullback up to the .6600 level.
Price has reached it's previously tested low after a complex pullback. Due to the complex pullback pulling slightly over the swing high, I can see bulls gathering strength. Price is at a decision zone where it can set the tone for the coming weeks. Either it can continue lower with a destination of the next support level or it can make a move back to the last...
Price is closing in on the lows since 2015 and we can expect a short term pullback to at least the MAs before continuing moving down. Price can easily break the lows and make a move to the support zone. If price breaks above the 50 period EMA, it could be a sign of a reversal. No bias at this time.
Price is currently at the lows created in late 2016 and can expect some reaction to this level. I'm expecting a pullback before continuing down past the lows, creating new lows. If price can break above the 50-period EMA, we can expect a reversal of some sort, at least short-term. I'm not looking to enter on this pair, if I do it would be in the current zone...
I'm looking for some bearish movement after the recent complex pullback. We'll see a potential setup near the support zone.
DXY looks to be overextended so we should expect some downside either short-term or long-term. We can get a better idea of what will happen once price gets down to the nearest support zone.
At this moment I can see price retracing into the structure zone and then either breaking above or going back down to the lows. No bias until price re-enters the zone.
I'm expecting price to make a small move down before moving up to the resistance level created by the 2018 highs and tested by 2019 highs. At this point I see price either breaking through that level and continue upwards for a potential bullish trend or respecting resistance and consolidating between current support and resistance before a later bullish break out.
I'm looking for price to either retrace back down before a strong move up or make a strong move at market open. Price shortly broke below a zone of support before moving back up. Under the zone is an area of accumulation, building up for a continued move down or a reversal back up.
I'm expecting a pullback from current price followed by a move down towards the 2018 lows. I would look to enter on the pullback with a valid signal.
The recent uptrend has met a lot of bearish resistance along the way. I think we're finally seeing the bears gain control. If the resistance zone breaks I think bulls will see some more movement there way but that movement may not last long. If price breaks below the support zone, I expect a pullback shortly after followed by a strong move down.
I'm looking for price to continue down to the support zone at the 1.618 extension level, then retrace back to resistance. If price action were to give us a sell signal during the retracement we would look to enter short. After retrace I predict price will break the support zone and move down to the 2.618 level. Of course if the retracement breaks resistance at...