Salzworth

Salzworth

On the H1 time frame, prices are seeing bullish order flow in line with the pullback that we could be seeing on the daily time frame before it continues to the downside. The support level at 1.30684, in line with the 127.2% Fibonacci extension and 78.6% Fibonacci retracement presents an opportunity to buy, with 1.32091 as the resistance target. Stochastic is test...

Salzworth

On the daily timeframe, prices are forming lower lows and lower highs where we could see further downside in prices. On the H4 timeframe, a pullback to its resistance at 1.26870, in line with the 38.2% Fibonacci retracement and 78.6% Fibonacci extension could provide an opportunity to play the drop with 1.24564 as the support target. Ichimoku cloud is showing...

Salzworth

On the H2 time frame, prices are showing bullish order flow, with the break of the recent high where we could see a deeper pullback into the daily leg before prices continue to the downside. A pullback to the support zone at 1.10000, in line with the ascending trend line, 61.8% Fibonacci retracement and 61.8% Fibonacci extension provides an opportunity to play the...

Salzworth

On the daily time frame, we are seeing bearish order flow and prices are holding below a key resistance area with further downside seen. On the H4 time frame, supply chain is being formed and respected as prices mitigate the extreme of the previous moves before moving to the downside. With prices currently testing the H4 supply zone at 1.27745, in line with the...

Salzworth

On the daily time frame, prices are holding below a key resistance area where we could further downside in prices. On the H1 time frame, a pullback to the resistance zone at 1.27028 in line with the 23.6% Fibonacci retracement presents an opportunity to sell with 1.26362 as the support target. The Stochastics is also reversing below its resistance at 92.50 and...

Salzworth

On the H4 time frame, prices reversed below a key resistance zone with the supply chain being formed and respected on the M30 time frame. A pullback to test the resistance zone 1.14408, in line with the descending trend line, 78.6% Fibonacci retracement, 78.6% and 127.2% Fibonacci extension presents an opportunity to play the drop to the next support target at...

Salzworth

On the H4 time frame, we are seeing bearish order flow on USDCAD, with prices currently testing a key resistance area at 1.27800. This resistance area lines up with the 100% Fibonacci extension where we could see a reversal below this level, to the next support target at 1.26800, in line with the 50% Fibonacci retracement and 100% Fibonacci extension. Stochastic...

Salzworth

On the H4 time frame, prices are holding above the key support zone at 113.60 where we could see further upside above this level. On the H1 time frame, a pullback to our support area at 113.72, in line with the 61.8% Fibonacci retracement and 100% Fibonacci extension presents an opportunity to play the bounce to the next resistance target at 114.20, in line with...

Salzworth

On the daily time frame, prices mitigated a key resistance zone where we could see further downside below this level. On the H4 time frame, we are seeing bearish order flow come into play with prices forming lower lows and lower highs. A pullback to the resistance zone at 157.065, in line with the 78.6% Fibonacci retracement, 127.2% Fibonacci extension presents an...

Salzworth

On the daily time frame, prices mitigated a key resistance zone where we could see further downside below this level. On the M30 time frame, a pullback to the resistance zone at 157.606, in line with the 127.2% Fibonacci extension, presents an opportunity to sell with 156.755 as our support target. Stochastic is approaching resistance as well where we could see a...

Salzworth

On the daily time frame, prices are currently testing a key supply zone where we could see further downside below the supply zone. On the H2 time frame, a pullback to the resistance area, in line with the 50% fibonacci retracement and 78.6% Fibonacci extension presents an opportunity to play the drop to the next support target at 0.70902. Ichimoku cloud is showing...

Salzworth

On the H4 time frame, prices are testing a key resistance area. On the M30 time frame, a pullback to the resistance zone at 0.68500, in line with the 78.6% Fibonacci retracement presents an opportunity to sell to the next support target at 0.68200. Ichimoku cloud and 30 EMA are showing signs of bearish pressure as well. A break below the 0.68200 area could see...

Salzworth

On the H4 time frame, prices are showing bullish order flow with the break of its previous H4 high. On the M30 time frame, a pullback to the demand zone at 1803.89, in line with the 23.6% Fibonacci retracement and 61.8% Fibonacci extension presents an opportunity to play the bounce to the next resistance target at 1812.39. Ichimoku cloud and 30 EMA are showing...

Salzworth

On the H4 time frame, prices are facing bearish pressure from its resistance zone at 1.13489 where we could see further downside. That said, we would also like to highlight the M30 demand zones at 1.13120 and 1.12976 where we could see a pullback before a further drop. Currently, prices are testing the demand zone at 1.13120 and a pullback to the resistance level...

Salzworth

On the H4 time frame, we are seeing bearish order flow, with prices forming lower lows and lower highs. On the H1 time frame, a pullback to the supply zone at 151.20 on the H1 time frame presents an opportunity to sell. This resistance area is in line with the 38.2% fibonacci retracement, where we could see a reversal below this level to our support target at...

Salzworth

On the H4 time frame, we are seeing a bearish order flow with the break of structure below the H4 low. On the M30 time frame, prices mitigated a key supply zone area where we saw a reversal and a pullback to test its resistance zone at 1.43272, in line with the 78.6% Fibonacci retracement could present an opportunity to play the drop. Stochastic is approaching...

Salzworth

On the H4 time frame, prices are showing bearish order flow and mitigated a key supply zone before a break of its ascending trend line on the H1 time frame. A pullback to test its resistance zone at 1.34713, in line with the 50% Fibonacci Retracement presents an opportunity to play the drop, to the next support area at 1.34150. A break below this area could...

Salzworth

On the weekly time frame, prices tapped into the demand zone where we could see a pullback in prices. On the H4 time frame, we are seeing bullish order flow with prices failing to form lower lows. Currently, prices are testing a key resistance at 1.63152 and a break above this level could see prices push higher to the next resistance target at 1.65311, in line...