Our recommendation is a sell recommendation for several reasons: The eurgbp is currently in front of resistance (Support turned into resistance) And this is the third time he has tried to break and is not succeeding And the other reasons, in short, are the downward trend, The Ichimoku indicator that all parameters indicate continued declines Sell EURGBP: Entry...
As can be seen in the graph above, eurusd continues to move within the range of 1.1216 to 1.1480, currently in terms of price we are in the middle so it is impossible to go with the idea of buying near support and sell close to resistance. After the 9 day Eurusd gains, the candle is touching the Moving average line 100 on the daily chart and touching the Moving...
An obstacle in the way, in the last few days we are on the upward trend that is still real today, so to those who ask how long will the gains continue? The answer in the graph above, We expect the dax30 will continue rise to the 200 Moving average and then it can give a downward correction Once this happens we will have to follow and see whether the decline will...
Last week the gbpcad rose 350 pips and touched a moving average of 200, The moving average 200 usually will constitute resistance that is not easy to break that is the reason for the buy recommendation Sell GBPCAD: Entry Price: 1.7660 Stop Loss:1.7730 Take Profit: 1.7460
Usually, the definition of a rising trend is that each new rise will be higher than the previous one and so on, here it does not happen. The price does not succeed in breaching the resistance in the price area 1.7760, but what is going on here is after each increase of the gbpcad comes a correction that is smaller than the previous correction And so on, which is a...
As can be seen in the graph above, resistance has been breached and as you know we have a simple rule if support or resistance breaks it is very good to enter the market in this case we recommend buying with a target price of 2940 At this price, the sp500 will have a real test and we will see whether it will pass it successfully or that it has created a double top...
As long as the resistance we see in the above graph will not break, each time we are close to it is a clear signal of a sell! Sell AUDCAD: Entry Price: 0.9473 Stop Loss: 0.9520 Take Profit: 0.9380
Our recommendation for this currency is a sell recommendation! Here are the reasons: 1. The trend is a distinct downward trend. We see this in the graph above that each round of increases is smaller than the previous one. 2. The eurnzd candles are below the cloud, the blue line is above the red line, we have a bearish cloud, all of which are from Ichimoku...
The nzdchf is currently in a technical format known as technical analysis called Double Top, What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs, What Does A Double Top Tell You? A double top is a bearish technical...
In the graph above, we deliberately left the arrow that we put in our last technical analysis. When the price of gbpusd dropped to 1.32 we added the arrow to say that it has serious support now and it will return to the rise, which is what happened, we are telling you about this to show that gbpusd is on an uptrend and still very stable, We think that gbpusd will...
As seen in the chart above, last week was a recovery week for eurusd when most people thought the eurusd would break the support and fall, the eurusd broke the support but immediately recovered and returned to the rise so at the moment you can say it was a false alarm. Now what we expect next week-Daily graph eurusd broke the resistance of Kijune Sen (Ichimoku...
When we were sure that the eurusd died because it came out of serious support ( Breaking support usually will cause a serious fall) Out of nowhere he came back up, The question is whether it is not a small patch before it starts to accelerate downwards, We prefer to stick to our recommendation to sell for several reasons: 1. We prefer to be with the trend than...
We are very close to a very sensitive area on the sp500 as you can see in the graph above Every time the sp500 touched this resistance it fell sometimes small fell and sometimes more long falls. We will continue to follow and respond when necessary
As can be seen in the chart above, the chfjpy is in the range between 109.08 and 112 so we are currently in the buying range Buy CHF/JPY: Entry price: 110.28 Stop Loss: 109.30 Take Profit: 111.50
Everyone has been asking in recent days how far the crash in the Boeing stock will come, In terms of technical analysis (Without entering into the grounding incident of plane 737) the BA price has touched strong support at 369 called kijun sen (Ichimoku indicator) which can stop the declines and cause further gains (10 % or more potential) Buy BA: Entry Price:...
9 days ago the gbpusd stopped at 1.3310 after a very nice rise the stop occurred exactly in the resistance at 1.3310, Then the price dropped and stopped at just over 200 moving average as we define a technical correction and we now believe that the rise will continue and will even cross the previous resistance Buy GBPUSD: Entry Price: 1.3090 Stop Loss: 1.2970 take...
We can see in the following graph that the audusd is in a distinct downward trend, we see this for several reasons: 1. We are under any serious moving average ( 100, 200) 2. When we have a red cloud is a sign of a downward trend + when you are below the cloud it is a sign of a downward trend and when the blue line above the red is again a sign of a downward trend...
In the graph above, we had a double bottom that did not succeed in changing the trend. The eurnzd stopped at 1.67 and returned to its general trend, which is a downward trend. It is true that in the very short term it can make a short upward correction but our priority is a sell position Sell ERU/NZD: Entry Price: 1.6455 Stop Loss: 1.6580 Take Profit: 1.6240