SanShone

SanShone

Price confirmed our support zone 3750 and broke our resistance zone 3850 yesterday. We can also see the retest here, so I expect to see bullish move.

SanShone

We can see here massive bullish move. Price reached YTD high and failed to break it. We can see consolidation now, but price keeps failing to break this zone. Its possible to see bearish move.

SanShone

Price failed to break our resistance zone. It formed bearish move, but then bulls stepped in and we got one huge bullish wick rejection. At this point it is very hard to say where will price go, but I think that chances are higher for the price to go down.

SanShone

GBP/USD went up after a breakout and I expected to see the retest as I mentioned in my previous analysis. Retest occurred and I saw opportunity to sell. Trade ended good for us and we caught +89 pips. Now, its likely to see some bullish pressure.

SanShone

Price went down as I wrote in my previous analysis and it has finally broke our consolidation zone. It broke significant zone and I will wait for a potential retest and opportunity to sell.

SanShone

We have trendline that connects highs and price is trending down. We also see resistance zone formation that price tested 3 times. On the 3rd touch price also tested the trendline and formed bearish candlestick pattern. Stochastic indicator worked well as it gave another confirmation so sell (red circle). 1. Downtrend 2. Trendline 3. Resistance 4. Bearish...

SanShone

XAU/USD Our 1845 resistance zone is still holding the price and we can see series of lower highs. But price created new support zone around 1825. It is possible to see some bullish reaction and then breakout.

SanShone

There are not many opportunities to trade this pair. I noticed 1.23200 resistance zone, so its possible to see move down, but moves are very slow and price is consolidating.

SanShone

After strong uptrend, price has reversed and bearish pressure occurred. Last week price formed new resistance zone 94.500. We can see a bearish reaction, so it is possible to see move down.

SanShone

Here you can see the reasons why I decided to sell AUD/USD today. It ended with a solid +62 pips in profit.

SanShone

Price formed very strong bearish reaction to the previous high 1875. It went down, broke and retested 1827 support zone. Previous major low is around 1790 level and its possible to see price dropping to reach it.

SanShone

We can see strong uptrend here. Price broke historical resistance zone 104 and also broke previously formed historical high 105. DMI is decreasing indicating that bulls might lose the power. So it is possible to see consolidation. Anyway, if another burst of a bullish pressure occurs, some analysis predict that price could go as high as 107.

SanShone

After series of higher highs and higher lows, price has found resistance around 1.07800 level. Price then formed strong bearish reaction and broke 1.06500 support zone. It is possible to see bearish continuation to year-to-date (YTD) low level 1.03500.