USDCAD is in bearish trend. in the retracement, it made double top formation with bearish divergence on RSI which shows further down trend of the instrument
EURNZD was in bearish trend and imparting HL and LL. It made Double Bottom along with bearish Divergence few days back on hourly chart. after breaking Neckline of Double bottom, the instrument is making HH and HLs. it is expected that price will move up.
ASXAUD was in bullish trend and was making HH and HL. Divergence on RSI appeared on hourly chart. Rising wedge formation was formed. Now instrument give breakout of the Rising Wedge pattern downside. Most probably, trend reversal is expected.
After bearish trend on hourly chart, the instrument entered into a triangular pattern. now after breakout in bullish direction expected that it will move upward.
EURGBP, after bearish trend, is now in sideways. most probably will go down.
WTI Crude oil is in sideways movement. Now, from wider range, it is enter into narrow range.
there is no clear trend in GBPCHF on hourly chart. the instrument is oscillating in certain range from the start of December 2023. Buy stop and sell stop orders at R2 and S2 respectively can catch break out in the either direction.
AUDUSD is in bullish trend making HH and HL. previously a bearish divergence appeared on RSI indicator however the instrument continues its movement towards HH. Now RSI is just near 35. after making HH, it is completing its retracement around 61.8% of fib level. formation of green candle (bullish inside/Bullish Harami) and followed by another bullish candles is...
After long bearish trend for the last two months, CADCHF is in sideways movement and may be in the accumulation phase. A bullish divergence appeared on RSI on the hourly chart. Support and resistance levels are marked and the instruments are trading within this range. It can break out either upward or downward. The trade orders both at the resistence and support...
it is in bullish trend printing HH and HL. After recent HH, the instrument is in retracement mode and near 50% of FIB retracement level. it is expected that it will be bounce back from 50% of FIB level and price will go up.
ETHUSD is bullish Trend marking HH and HL. At present, after making recent HH, the instrument in retracement mode and near 38% of FIB retracement level. RSI is around 57. there is strong indication that ETHUSD will make further HH.
on hourly chart, after bullish trend, GBPAUD is in sideways movement from last 15 days. For trading in such situations, Supports and resistances are marked on the chart.
BNBUSD was in bullish trend. after appearance of bearish divergence, the instrument printed LH and LL, and after that the instrument enters in sideways/ranging and moving in a box type range. the best strategy to play with ranging instruments is to buy at support and sell at resistance. both buy limit and sell limit orders can be initiated to get the maximum...
Two Bearish Divergences appeared on one hour charts. Instrument price retraced almost 100% level of FIB, however at that level, three candle bullish setup appears, and long wick of Doji candle also respect the trend line. existing set up on chart predicts continuation of upward trend.
Two Bearish Divergences appeared on one hour charts. Instrument price retraced almost 100% level of FIB, however at that level, three candle bullish setup appears, and long wick of Doji candle also respect the trend line. existing set up on chart predicts continuation of upward trend.
USDJPY is in bearish trend on hourly chart making HL and LL. after retracement at 50% of Fib level, it has started downward movement by making strong bearish candles. further decrease in prices is expected.
EURJPY is making LH and LL. in downtrend, the instrument is retracing 50% of FIB level. After completion of retracement at 50% of FIB level, strong bearish candles predict it further downward movement.
NZDUSD is bullish trend. Bearish divergence appeared in recent past, however, after certain correction, it is again making HH and HL. In most recent correction, price is hovering at 50% fib retracement level on hourly chart. it is predicted that the instrument will bounce back at this level and start movement in upper direction. so BUYSTOP slightly above Fib 50%...