thegoldenbear

thegoldenbear

EUR/CAD is in a sustained bearish phase, with strong sell signals coming from moving averages and momentum oscillators that are mainly neutral to sell. We therefore take an entry at 1.47200 to look for a lower low.

thegoldenbear

EURAUD pair is in a solid downtrend, supported by this price zone. We expect this momentum to continue in the short to medium term. It is evolving in a well-defined descending channel, with several contact points confirming its validity. The price is currently hovering near the upper limit of the channel, which could offer an interesting selling opportunity on the...

thegoldenbear

Overall, price action below 1.08 is seen as a corrective pattern that is still in progress. We're targeting 1.06600 support and possibly a 100% projection. For the time being, this scenario remains preferred and highly likely for the week.

thegoldenbear Updated 

The price movements from 1.0980 are viewed as a corrective pattern for the preceding uptrend. While further upward movement cannot be ruled out, the rally appears to be capped by the break of the 1.0920 level, signaling a potential sell-off towards the target at 1.0768. Therefore, we are opening a short position to target the mentioned objective as the next goal.

thegoldenbear Updated 

The price of gold is currently maintaining its stability below the threshold of 2018.80, thus keeping the bearish trend scenario valid and active for the day. It is important to note that our main anticipated target is set at 1982.23. We are taking short positions to achieve this target and break the level of 1900.

thegoldenbear Updated 

Intraday bias in EUR/JPY stays on the upside at this point. Current rebound from 159.58 is in progress for a projection to 160.922. A very clear entry for go long for us to open buy trade

thegoldenbear Updated 

We are losing selling pressure at this liquidity level, which could lead to a potential rebound. This provides us with potential buying signals to explore new higher points, notably the level 2.07294. Therefore, we are opening a long position to initiate a purchase and attempt to reach this new higher level.

thegoldenbear

We are starting to see increased selling pressure at the level of 0.6565. The most recent high did not provide enough liquidity for the price to push higher again. Therefore, a sell-off is possible to target the level of 0.6435. Subscribe to review updates and relevant analyses. Like and share! Thank you.

thegoldenbear

The price retests the level 1.3686 once again for the second time. The new downward channel is weakening. Therefore, we expect a new high in the coming days. Subscribe to review updates and relevant analyses. Like and share! Thank you.

thegoldenbear Updated 

The dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone. The price will not be able to be maintained above the 1.36 level.

thegoldenbear Updated 

GBPCAD is ending its ascent and is no longer clearly able to stay within the bullish channel. Sellers seem to be gaining ground. We open our sell positions to look for the lower level 1.6438 The price will be held below the 1.6686 level

thegoldenbear Updated 

Here we are at the end of the broken uptrend, we are waiting for the price to come back to test our 136.15 level before selling massively to project towards the daily 132.00 support. The news was disappointing for the dollar which should plunge even further for the upcoming holiday season its price even lower

thegoldenbear Updated 

Buyer pressure has greatly diminished on the GBPJPY pair; sellers will then proceed with massive selling at this price level; Furthermore, we have reached a price zone that discourages buyers from buying further. So we open our sell positions for the next target 165.100

thegoldenbear Updated 

As you can see we broke the resistance in H1 which failed to hold the price and the volume of buyers dropped sharply. So we open our sell positions with an extension of level 1879

thegoldenbear

After the good news for the Canadian dollar, the high is reached and the trend changes; the next level that the price will look for is the 0.90 zone.

thegoldenbear Updated 

After several rejections at the 1.3436 level, we open our sell positions to look for the 1.3320 level. The price failed to break through the resistance and the volume of buyers at this price level decreased significantly.

thegoldenbear Updated 

We have just reached a pivot point in our EURGBP pair and the bullish signal is confirmed. Our target is therefore the 0.691 level with a slightly tight stop. The confirmation of a trend change has been formed.

thegoldenbear

AUDNZD could not break the pivot point 1.0750. The price rejection will push it to go for the 1.0868 level. We will take a long position to test the next price level