The NZD/USD is currently trading within a descending channel on the daily timeframe. It recently broke below the corrective trendline and retested it. I anticipate a continuation of the downward trend from here. If you find it useful, like, follow, share! Good trading!
After a strong rally, the AUD/JPY has recently formed a falling wedge pattern, which it has now broken out from. This suggests that we can anticipate further upside momentum as it aims to retest previous highs. Traders should keep a close eye on this pair as it presents potential trading opportunities in the ongoing upward trend. Daily chart: Good...
GBPCAD is moving in an uptrend, has now broken the secondary trend line and is showing bullish momentum again. We are waiting for the signal on a lower timeframe. The targets are higher resistance levels. 1D chart: Good trading! If you find it useful, like, follow, share!
The price is moving in a descending channel and has reached the top of the channel and a strong horizontal resistance. From there, it is expected to move towards lower support levels. 1W: 1D: Good trading! If you find it useful, like, follow, share!
The price moves in a range and bounced off its upper point, breaking the ascending trendline. It is expected to return to the lower part of the range. Good trading! If you find it useful, like, follow, share!
The price broke a significant trendline and formed a descending triangle from which it is expected to move further downwards, targeting lower support levels. Good trading! If you find it useful, like, follow, share!
EURUSD broke the descending trendline and started the upward movement. Higher resistance levels can be targeted after a pullback. Good trading! If you find it useful, like, follow, share!
EURGBP has broken a significant level, after a pullback I expect a further fall to lower support levels. Daily chart: Good trading! If you find it useful, like, follow, share!
The price has reached a strong support, so I expect it to return to higher levels again.
The price has broken a significant trendline and resistance level and is therefore expected to target higher resistance levels. Good trading! If you find it useful, like, follow, share!
EURAUD has been in an uptrend for a long time, has now broken the descending trendline and is likely to start rising again to the next resistances. Good trading! If you find it useful, like, follow, share!
GBPUSD has broken a significant trendline and support level and is expected to return to lower support levels. Good trading! If you find it useful, like, follow, share!
The price moves in a descending channel and has reached the upper part of the channel and a strong resistance level. It is expected to move downwards and target previous support levels as well as the lower part of the channel. 1D descending channel: Good trading! If you find it useful, like, follow, share!
The price broke the ascending trendline and formed lower highs and lows. It is likely to return to lower levels. Good trading! If you find it useful, like, follow, share!
The price is moving in a descending channel and has reached the upper part of the channel and a strong resistance level, so a bearish movement is expected. Good trading! If you find it useful, like, follow, share!
EURCHF touched the descending trend line, formed a double top there, therefore a further fall to lower levels is expected. D1: Good trading! If you find it useful, like, follow, share!
GBPCHF has reached the bottom of the descending triangle again, if it can form a double bottom here, it will probably target the top of the triangle. If it breaks out downwards, it may decline to the next support. Good trading! If you find it useful, like, follow, share!
The S&P500 has broken the descending trendline and a strong resistance and continues to move towards higher resistance levels. 1D supports and resistances: Good trading! If you find it useful, like, follow, share!