The counter is in a bearish mode making lower high and lower lows consistently. A trendline can also be drawn connecting the lower highs of the counter. Also, the counter broke a critical support level of 1.62556 with a strong candle. Hence, we expect the pair to head down from here.
The counter is in corrective mode after the impulse downmove. It has completed its wave a and b, and commenced its wave c. We expect the pair to trade with bullish bias for the short-term.
After a long struggle bitcoin has validated its topping out formation. It formed a descending triangle pattern and has made a bearish breakout. Hence, we expect the pair to be bearish in the near-term.
USD/CHF has broken its bullish flag formation with a strong bullish candle in the 30-min chart. The pair is in a range bound movement and is racing towards its upper half of the range now. Hence we expect the pair to be bullish further from here.
The counter is currently in a descending channel formation. It has now formed a lower high, lower low structure indicating the resumption of downtrend in the counter. Hence, we expect the pair to be bearish in the near-term.
The counter formed a rising wedge pattern and made a bearish breakout. It is currently consolidation below the broken support line. Hence we expect the pair to move down from here.
The counter has formed a head and shoulder pattern in the 2-H chart. It has broken the neckline and is consolidating just above it. Hence, we expect the counter to be bearish in the near-term.
The counter is currently in a strong uptrend in the short-term. The price has retraced to the trendline and is supported by it. We expect the trendline to hold for now and the uptrend to continue in the short-term.
The counter has just broken out of a descending triangle setup. It is currently consolidating just below it. Hence, we expect the pair to be bearish in the short-term.
The counter was in a downtrend for many sessions and it has brought it to a halt by breaking its trendline. It is currently consolidating above the trendline and we expect it to find support around the level of 0.62657. Hence traders can go long and expect a move to the resistance level of 0.64455.
The counter is currently in a descending channel formation. It is close to its upper parallel now which could cap any bullish movement. So, traders can go short expecting a move to the lower parallel.
The counter consolidated in the past few sessions within a triangle pattern. Now it has made a bearish break down with a strong bearish candle. Hence, we expect the pair to be bearish in the near-term.
The counter, after hitting a high of 1.76000 witnessed a profit booking. However, it recovered quickly to the area of 1.75400 where it faced a stiff resistance. Hence, it formed a double top pattern and subsequently broke down the critical support level of 1.74690. Further, the MACD indicator in the short-term chart has turned bearish as well. Hence, we expect the...
The counter formed an inverse cup and handle pattern and has broken down. Now, it's hovering around the broken support and converting it to resistance. Hence we expect the pair to move down from here.
The counter is in a bearish mode making lower high and lower lows consistently. A trendline can also be drawn connecting the lower highs of the counter. Also, the counter broke a critical support zone which could act as resistance. Hence, we expect the pair to be bearish further from here.
After hitting a double top, the counter is rolling down the slope in a descending channel formation. Now, it is at its upper parallel and facing resistance. Hence, we reckon as a good time to sell and traders can expect a rally to the lower parallel.
The counter is currently in ABC- bull cycle. It has completed its wave A and B of its cycle and is about to start its wave C. We expect the price action support zone of 117.547-820 could act as a demand zone and initiate the rally. Hence, we expect the pair to be bullish in the short-term.
Silver makes lower low in the 4H chart for the first time in 6-months. The lower low has happened after a significant bull run and it marks the end in the short-term. Hence, we expect the precious metal to correct to the levels of 16.53851.