alicanuz

alicanuz

I expect GOLD price to push up as we are in high time frame support

alicanuz Updated 

AUD/USD seems to be ready to dump, I sold around 6470 with the short target of 6313 the fib 0.618 level. If price breaks 4h structure to the upside I will add another sell on 6565 to profit from with a possible retest of the 6470 area where I will close my short positions. Either way, I make money. Make sure to follow this idea, I will keep posting how I manage...

alicanuz Updated 

EUR/CHF seems to be ready to dump, I sold around 9559 with the short target of 9492 the 0.27 fibo extansion which in this case a lower low. If price breaks 4h structure to the upside I will add another sell on 9584 to profit from with a possible retest of the 9559 area where I will close my short positions. Either way, I make money. Make sure to follow this...

alicanuz Updated 

this pair on the monthly chart is bearish looking, the monthly structure high is 9550 which should hold as resistance for the monthly bear movement to continue.

alicanuz Updated 

EUR/CAD seems to be ready to dump, I sold around 4763 with the short target of 4533. If price breaks 4h structure to the upside I will add another sell on 4864 to profit from with a possible retest of the 4765 area where I will close my short positions. Either way, I make money. Make sure to follow this idea, I will keep posting how I manage this trade as price moves.

alicanuz Updated 

NZD/CAD seems to be ready to dump, I sold around 8083 with the short target of 7960 which in this case a lower low. If price breaks 4h structure to the upside I will add another sell on 8170 to profit from with a possible retest of the 8083 area where I will close my short positions. Either way, I make money. Make sure to follow this idea, I will keep posting...

alicanuz Updated 

6515 is the 4-hour structural high, we might see a continuation from this point with the confluence of the hanging man candlestick towards 6424 the 0,618 fib extension level. If it breaks, 6540 will be the target for the new high from there we might see a retest of the 65 S&D area.

alicanuz

Keeping it as simple as possible with a clean chart and good explanation. Hope you will enjoy and profit. As I described in my previous analysis which is linked down below, on the higher time frame the pair is in a downtrend. After a pullback on the 4-hour time frame, it can be seen that price has swiped the previous lower-high area and headed down and broke...

alicanuz

Keeping it as simple as possible with a clean chart and good explanation. Hope you will enjoy and profit. Looking at the weekly and daily time frames, the price is making lower lows and lower highs which indicates a downtrend market structure which is why I am only looking for short opportunities on this pair. After the 0.786 retracement price made a new low...

alicanuz

Price is printing a falling wedge which can be a reversal or continuation pattern in this case may be a reversal pattern also looking at the RSI a divergence can be seen which also indicates price can reverse. I will not buy yet but will not sell this pair either in this case.

alicanuz

After the Ukraine war started Australian dollar made an attempt to break the daily market structure to the upside as Australia is a top commodity country, but failed to break structure and found resistance at the 0.76 area and formed a double top. Since then the price went back to a downtrend and formed another low. I expect the price to follow the Fibonacci...

alicanuz

On the monthly timeframe, AUD/USD prices are keeping the downward structure after creating a double top around 0.80 and bouncing off the bearish trendline several times. In the medium-long term, unless any unpredictable events happen, I expect the price to fall to the pre-covid area which is around 0.57.

alicanuz

This weekly chart of Silver/USD shows the next target of the Fibonacci 0.618 extension level which is the 17 area. The double top and trendline bounces can be seen clearly in this timeframe as well but keep in mind prices can move up and down in the short-term, rely on lower time frame analysis for better entry prices.

alicanuz

On the monthly and weekly analysis of silver, you can see the price has formed a double top pattern and broke the neckline. I expect the price to decline back to the area where covid started and that will be in confluence with the target of the double top pattern which is the 14.20 area unless any unpredictable events occur in the time being. This is a medium-term...

alicanuz

AUD/USD has been bearish for some time now and I don't see anything changing in the near future, I expect the price to fall to -0.618 Fibonacci extension level which is 0.6650 area and there maybe the price can find significant support. Keep in mind that 0.6850 area can also act as minor support but I don't see price reversing and turning bullish on these levels.

alicanuz

With BOE raising rates as excepted last week pound/usd prices have been bullish. But looking at the daily chart, I suspect the bearish momentum will continue. Considering the bearish engulfing candlestick formed after NFP news on 04.02.22 I expect the price to revisit the lows made in December.

alicanuz

The past week has been very bullish for euro/usd and the main reason for that seems to be the hawkish tone of the ECB. Looking from the technical point of view, 1.1480 is a very important area on the daily chart because it is the last lower high before the price went to the lower low 1.1150 area. Looking from a market structure point of view, this pair is still in...

alicanuz

Gold has broken the critic 1830 area and made a rally to 1875 area before coming back to 1775 area again. The brake of this 1830 has been very important considering the high resistance of this area and head and shoulder formation. Looking at the fib retracement level 1780, the 0.618 level, is a good place to look to go long. I believe that this trade will last for...