EURUSD Analysis for 5/11/20
EURUSD is showing a bias to the downside. Multiple candles have failed to break the volume profile POC to the upside which gives even more confirmation that the pair should be short. MACD < 0 and it seems that it will crossover the signal the line giving another confidence booster. I hope you enjoyed the analysis and do not forget to...
XAUUSD Analysis 5/10/20
XAUUSD is showing strong bullish momentum. As shown by the horizontal blue line, it has broke a peak on the volume profile in the price range where 70% of the volume has occurred. Furthermore, the MACD < 0 given us another confirmation that price will head down. My bias is short all the way here. Hope you all enjoyed the analysis and do...
BTCUSD Analysis for Day 5/9/20
BTCUSD is currently seen in a range right now on lower timeframe. Price has just broken through a high peak on the volume profile as shown by the blue horizontal line. Price BTCUSD shoot back up to the POC. If BTCUSD wants to go bearish, it must accumulate more orders. If the MACD crosses over zero and volume starts to increase, I...
Tesla (TSLA) Analysis for Week 5/10/20
TSLA over the past couple of weeks has shown a strong uptrend. It is no different here. It will continue up to price 942.00. As you can see, there is increasing volume, MACD > Signal, and it is nicely rejecting off the trendline. If the Volume Profile around 942.00 increases, expect TSLA to continue an upward trend. If it...
USDCHF Analysis for Week 5/10/20
USDCHF has broken through both the volume profile POC and trendline shown above in the chart. My bias is bearish all the way here. If the MACD crosses below zero, we can see price going to 0.9600. Hope you all enjoyed the analysis and please do hit the like button!
EURJPY is showing strong bullish momentum and will return back to the volume profile POC. If price breaks through POC and the MACD crosses over zero, we can see price going further up to 117.70. My bias is long all the way. Hope you all enjoyed another analysis and feel free to hit the like button!
CHFJPY Anaylsis for Week 5/10/20
CHFJPY is showing strong bullish momentum and will return to the POC line on the Volume Profile.
With this type of momentum, I can see price easily going to 111.50. My bias is long all the way.
Hope you all enjoyed the analysis and do not forget to hit the like button!
CADJPY Anaylsis for Week 5/10/20
Price has broken the volume profile median line and continues to range in a channel shown by the blue lines on the chart.
Since there is hardly any orders at the top of the volume profile, I believe that CADJPY will reach price at 77.00 and drop back down. My bias is short and I have a 2:1 RR. Thanks for viewing and I hope you like!