After AU reached a daily resistance level. I believe it will continue to be bearish, breaking and retesting support levels in the downtrend. Also, I noted that AU could range before further bearish momentum. Please do your own due diligence before taking any trades. Good luck!
Expecting NU price to continue its bearish momentum respecting the 50 MA on the 4H TF and 1H TF. Will TP and re-enter at retests of previous support levels turn resistance in a downtrend. Please do your own due diligence. Good luck!
Self explanatory chart. Expecting for price to respect the significant areas of the market (support and resistance). It could break the major resistance at 1.41500 and retest it as support but I think history will repeat itself and price will retest it as resistance. Also, price could retest the trendline at 1.39800 and continue bullish or break it and retest it...
DXY 4H look to continue its bullish momentum until it reaches a major resistance at 100.8-100.9. I believe history will repeat itself and DXY be a bear until 99.00-98.9. Overall, DXY is in a ranging market, so I can see it respecting that upcoming major resistance level. Please do your own due diligence before taking any trades. Good luck!
GJ in the daily and 4H timeframes is in an overall downtrend. GJ is respecting the moving average as well as the trend. Will be entering in breaks and retests of support levels in the downtrend. TPs are past lower lows. Good luck!
UJ is currently in an uptrend and respecting a major support level in the 4H TF as well as the moving average. I think it will continue to have bullish momentum and bounce from 4H support and resistance levels as well as break and retest significant 4H resistance and support levels. Good luck!
US30USD is currently in an uptrend but a potential trend reversal is likely. Will wait for further confirmation in retests of broken support and resistance levels. Major resistance and supports level are TPs. Please due your own due diligence before taking any trades. Good luck!
Self explanatory chart. Will enter of breaks and retests of support levels in a downtrend and previous breaks and retests of HL's. Please do your own due diligence before entering any trades. Good luck!
XAUUSD overall trend is bullish. As shown in the chart, XAUUSD is respecting a major resistance at the price of 1735.100 and major support at the price of 1667.575. It appears as if XAUUSD is bouncing from both of these major support and resistance levels while continuing its overall uptrend. In the 1H chart, XAUUSD has broken an hourly support turned resistance...
AUDUSD is currently oversold. I believe it will make lower lows and lower highs until it hits the trend line and probably will continue its long term uptrend. As of now, a short term long position is the move. Please do your own due diligence. I expect a retest of 1H support levels before a bear move.
EU is currently in a downtrend on the 4H chart. The two black lines are significant daily support and resistance zones marked at 1.09632 and 1.08232. EU looks to have tested the major support and resistance level at 1.09632 and broke the major support and resistance level at 1.08232. At this point, I believe EU with retest the broken support at 1.08232 in...
GU in the daily and 4H chart is shown to be in an uptrend. GU was in a short term downtrend, but has bounced at a Fibonacci retracement level. After applying the Fibonaci retracement tool on the 4H chart from the swing low (1.21660) to the swing high (1.26451), it shows a bounce from the 0.768 Fib level at the 1.26680 pirce level in confluence with the daily...
USDCAD is in an overall uptrend in the 4H and 1H timeframes and has a strong rejection candle on the 4H timeframe at 1.40000. I am expecting for USDCAD to continue it's uptrend and will trade breaks and retests of 1H resistance levels. My first TP is 1.41200. Good luck!
USDCAD broke an uptrend structure into a downtrend and has now broken an hourly support. I will be trading the breaks and retests in the downtrend of minor support levels based on the 1H chart. Expecting price to reach 1.40100 before a trend reversal or bearish continuance. Good luck!