BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
I believe we are seeing a shift in the market structure on this pair after creating a new Higher High after a series of Lower Highs.
I am looking for price to form an inverse head and shoulders off strong support at 1.2600. to push price higher.
I am awaiting a break of the descending trend line to confirm further bullish momentum.
On the weekly time frame price has broken and is now retesting an ascending trend line with the possibility of price moving bearish.
Price is currently in a big bullish channel, with price pending a break of the descending counter trend to move bullish, or a break of the ascending trend line to move bearish.
EURUSD Analysis with an overall bullish bias.
i have analysed USDCAD and am in favour of a bullish break out.
Based on a variety of confluences I have established a bullish bias on this pair.
I have analysed the Dollar Index from the weekly down to the 4 hour and established an overall bearish bias.
Multiple short confluences
Multiple bearish confluences
I am waiting for price to pull back and retest our broken descending trend line together with a possible rejection from the ascending trend line and our 61.80% Fibonacci level to go long.
Price has broken support and a possible short could be on the cards upon the retest of this broken support now turned resistance, among other factors.
A move back up to the top of the channel could lead to short opportunities.
Bullish potential after the break of both a major and minor descending trend line.
The break of the ascending trend line followed by a retest could lead to shorts.