SKC.ASX - Future support and resistance. Prices are looking to bounce at the current price level.
ETC/USD prices have made three successful bounce at 16.802 support in the past 11 days and now approaching 18.282 resistance, a critical price point that needs to break through to continue to the upside. If successful then we could be looking at the next target/resistance at around 18.988 to 19.593. If it fails to break above 18.282 then we might see prices...
Share prices have completely filled a gap marked in red and looking to reverse at 578.59 support. If successful then we might see prices head up to around 623.93 and 664.88 resistance. Failure to hold above 578.59 could see prices fall to the next support at around 544.95 support
CL1! Prices recently broke out of the long-range wedge price pattern at around 69.26 but formed another short-term wedge and are currently moving sideways between 70.84 support and 72.31 resistance. A break above 72.31 could see prices continue to the next resistance/target at 74.18 and a break below 70.84 could see prices fall to around 69.26-69.18. There could...
XRPUSD Prices seem to be reacting well to the support price curve marked in yellow. Prices recently tested the support price curve twice at 0.65094 but managed to hold. The next price target/resistance is at around 0.70847 If prices continue to hold above the price curve. Failure could see prices fall to the bottom of the price channel at around 0.64-0.60
LTC/USD Prices are hovering above 129.499 looking to bounce at this support price level. If successful then the next price target/resistance is at 138.470-140.573 around the resistance trend line marked in green. Prices will need to break and hold above the trend line in green before we could see any big moves to the upside. Failure to hold above 129.499 could...
ETH/USD is currently trading at 674.19 around a critical support level Prices will need to hold above this support level in order to head back up. If successful then we might be looking at 717.80 as the next price target/resistance. If it fails to hold above 646.26 support then we might have a short opportunity with a price target at around 595.65 - 531.09
This is an update of my original post 28th of April 2018. BTCUSD Prices fell out of the uptrend price channel but failed to maintain trading activities above its 500 EMA resulted in a bearish trend. Prices are currently trading around the latest second break out point which confirmed the last Bullish trend and also looking to hold its trading activities above a...
The AUDNZD has formed a strong uptrend after breaking into the price channel in the two - hour price chart and is now looking to test 1.09444 resistance price point. A break above 1.09444 could provide a long opportunity with a price target at around 1.10564. If it fails to break out then we might see prices pull back to around 1.08381
AUDJPY Prices have broken out of the wedge price pattern and is now approaching 83.341 resistance. If it breaks and holds above the current resistance then this could be an opportunity to take a long position with a target range at around 83.934 If it fails to break above 83.341 then we might see a pullback to around 82.869.
AUDCAD- Prices have been trending down since reaching the top of the price channel on 16/5/2018 at around 0.96623 and now have reached the bottom of the price channel at 0.96117. We could be looking at bouche and a long opportunity at this level especially if it holds above 0.96070. There is an immediate obstruction just above the current price level which is...
NZDEUR is currently approaching resistance at 0.5850 a critical price point which might determine the short to medium term price direction. A break above 0.5850 could see prices continue to its next target at around 0.5890 If unsuccessful then we might have an opportunity to take a short position with a target price around 0.5805
The Index prices have formed a downward price channel in the 15 minutes time frame closing the last session with a price gap to the downside. I am expecting the price action to react to my support and resistance marked on the chart in the next couple of days so keep a close watch A break above 2718.34 could see prices head up to around 2732.61 resistance and a...
We currently have two price channels clearly marked on the chart in the two hourly time frame which might continue to serve as a guide for future price movements. The Index had a good run after bouncing at the bottom of the downward price channel and breaking into the upward price channel on 4th May 2018 Prices reached the top of the price channel on 14th of May...
The Index recently had two fail attempts to break above6148.40 a critical resistance price point and also the trend line marked in red. Today 15/5/2018 we saw the index attempted again to breakout but failed and closed the session at 6097.80 down by - 0.61% The Index prices are now consolidating between 6148.40 resistance and 6091.10 support. The future direction...
EURUSD prices seem to have found support at 1.183 after failing to hold at the top price channel and fell all the way to the bottom of the lower price channel. The latest trading activities have created a long opportunity as long as it maintains its trading activities within the price channel. The price target is at around 1.24 to 1.25 and stop loss at 1.17
Share prices had a short burst to the upside from 27.00 to the 30.00 mark but stalled and pushed back down after failing to break above Its 500 EMA and the price curve labelled in blue. Share prices also fell out of the wedge price pattern which is a strong indication of prices could be heading down to the bottom of the price curve marked in blue and also a...
Share prices are currently trading in an upward wedge price pattern, also breached its 500 EMA to the upside in the 60 minutes time frame on the 9th of April 2018. This is a significant move to the upside which might provide some much needed clear direction or a signal of changes to the direction of share prices in the near future. Share prices will need to...