aryoTraderX

aryoTraderX

After AUDCHF failed to stay above the resistance level and to move the average in the 8 H time frame, now the price has broken down the resistance line and rejected the moving averages that could indicate the continuation of the bearish sentiment on this pair.

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EURGBP is still on a bearish trend with the price failing to break the resistance & moving averages

aryoTraderX Updated 

After breaking out of the bull flag pattern, EURUSD constancy creates a higher high and higher low in a 4 h time frame that indicates the trend is still to the upside for the time being.

aryoTraderX Updated 

Aud failed to confirm the double bottom pattern and the bearish engulfing candle occurred instead. It could indicate the bearish continuation is still strong on this pair

aryoTraderX Updated 

Short eurjpy at retest 0.50 Fib level with price reject to stay above moving averages on 4H, indicating weakness on euro vs the Japanese yen.

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Double bottom breaks out on GBPJPY. Potential trend reversal to bullish trend with price staying above moving averages.

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AUDNZD breaks out after the price fails to create a lower low on the price. AUDNZD has also reclaimed bullish momentum by staying above the moving averages and bullish engulfing the candle close above the trendline resistance.

aryoTraderX Updated 

Potential trend reversal CADCHF after weeks of a consolidation period and a trendline break out. This could be a sign of the start of an uptrend movement at least to the next resistance at 0.63705 & 0.64570 as the profit target.

aryoTraderX Updated 

After consolidation for weeks, EURGBP finally broke the trendline support, and the price failed to maintain its upward momentum by staying above the moving average. It appears that bearish momentum is inevitable, and buyers have lost momentum to the upside.

aryoTraderX Updated 

potential double bottom on GBPJPY before BOJ press conferences on Friday on Sept 20

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As the dollar continues to weaken after the Fed cut rates, precious metals such as gold and silver are deemed safe-haven assets. Investing in a long position in silver presents a favorable opportunity, particularly since it has recently broken out of the bull flag pattern, a sign of bullish momentum.

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USDCAD continues the bearish trend with the breakout of the bear flag pattern. For a couple of days, the price is still below the moving averages, which could indicate the sellers are in control.

aryoTraderX Updated 

Instead of breaking out of the consolidation zone, GBPAUD keeps breaking the support zone and it might indicate a false break out and mostly likely go to previous support at the 1.93335 area if the daily candle close below the horizontal support zone

aryoTraderX Updated 

Seller pressure is too dominant for EURCHF, and the price keeps breaking the trendline support and moving averages, indicating trend continuation to the downside.

aryoTraderX Updated 

After several days of indecision on GBPAUD, finally, the price broke the resistance and the bullish engulfing candle closed above the resistance. It could indicate that buyers are taking over the momentum of the sellers. I put the limit order at 1.96304 area if the price retests and rides the bullish momentum.

aryoTraderX Updated 

After breaking the support level at 0.91174, AUD retested and failed to close above it. Instead, AUD closed below the 20,50 and 200 EMA and started to show weakness against the Canadian dollar.

aryoTraderX Updated 

A break in the support level on the regression trend indicates weakness in GBP vs yen. The overall trend is also bearish, with the price staying below its moving averages and failing to establish the strong V-bottoming pattern for a trend reversal to the upside.

aryoTraderX Updated 

AUS200 is under pressure to the downside after failing to establish its upside momentum. The price also broke channel and trend line support indicating its strong bearish momentum. The price also failed to stay above moving averages, and seasonally, September is known as a bad month for the stock market as well. I set my sell stop below the swing slow to catch...