This pair has made several attempts to breach the 0.6666 support level, but has been unsuccessful thus far. however, there are indications that they may attempt to make a rebound this weekand rise . Unless any significant global developments occur, there are no major news events that are expected to push them in a bearish direction. It is important to note that...
Nzd is suffering on many scales and against all main currencies this pair may retest the yellow line before rallying up this one is a little risky so take on your own responsibility
the yellow line is the monthly support and resistance my stop loss will be a daily close higher than 0.7476 am going to short at the current price current channel is descending. The instrument is trading below the monthly support line; the Bearish trend is still strong.
On all charts 4H 1D 1W, the instrument is still falling. It is recommended to open short positions at the current price with Taking Profit at the level of the previous minimum of (0.6485) and Stop Loss at the level (0.6673).
This pair is about to rally higher, eur will gain some power over cad and aud I relied on resistance and support lines here so this is a 1 to 5 ratio take this on your own responsibility, please
SPDR Gold Trust was buying gold and silver last week per ton, in these moods in the markets it makes total sense, global growth expectations will not be accomplished. credit debt everywhere, UKRRUS output ant clear yet a couple of countries in middle east expected to bankruptcy Egypt and Sudan or give more sovereign concessions. it's easy to be optimistic or...
first of all i wish u zoom out to check why i choose my R&S , i see that the current level so important to test it after the rebound from 1.23 early in November, also the huge volume we see on 8/ dec the day before , monthly Canadian leading index and initial job report in USA , that volume give me a sign for the slight rise we will see for dollar against CAD...
this pair gonna continue free fall for next month and half as i believe, when we check monthly and weekly support i see no strengthen before 0.8800 plus we still see high sell volume on high frame and short-term correction to secure positions . oil industry too pushing Cad highly especially with analysts keep remained us that what ever happens in OPEC+ meetings...
On technical analysis i believe eur will rise to test the resistance near at 1.15 and the higher line in descending chanel on fundamental the effect of resigning powell will last for 2 week more in my my personal appreciation wish will take some polices to reduce inflation wich we as retail trader gonna use to short dollar for awhile
The AUD/CHF is still bearish. Predominant trend in the AUD is bearish. Technical and Fundamentals are aligned as RBA last statement was bearish. The CHF is getting stronger and if CHF/JPY gets higher (which it should concerning that we have a pinbar on daily) then the AUD/CHF drop will be even more exaggerated. Momentum is bearish and a close below 0.6690 should...
Canadian dollar Benchmark crude oil prices dipped on Wednesday morning, one day after U.S. President Joe Biden announced the release of strategic petroleum reserves to counter rising prices,but even with these updates Cad manage to slight up against a lot of crosses , while Eur will have bad season in winter < am not willing to close these positions its up too...
on monthly frame with Fibonacci level we will find that 13.01 represent strong resistance , last two month the government let the currency fail without any intervene , am sure the Turkish national bank will start offer new government bonds to contain the situation , its a good time in my opinion to short this pair while retail start getting heavy long position ,...
this pair had hold the support and its time now to get higher , i dont have much to share but there is a box start year ago so i believe the price wont break this time and will rise again . most technical give a false sell signal -as i hope -.
the uptrend has been restore especially after the pullback from higher low and now we are heading to higher high as we wish meanwhile most of stock market already record new highs last week which give us more confident about pair restoring last high IMPORTANT ENTRY POINT WILL BE AVAILABLE IF 2X-4H candle close higher than 1.2000 THEN I WILL TAKE LONG...
GBP us suffering against most pairs , cad still strong spically while gold fail and oil rise macd on daily frame support the fail so r&s . take this on your own responsibility
i miss this one earlier this week but it still strong up trend i would like to ride it to the top at 1.7102 i check bigger frame uptrend still strong 1.6860 our support as this pair check it but i will chose 1.6775 as stop lose point , but u can use 1.6823.
the global bullish trend will get into consolidation 1-3 days before restore the growing uptrend , DAX just like all big indexes will test 15100 levels again and maybe go down more to 15000 before start forming the new up trend . most of retail get into short position i dont know why , but the sentiment is against the growth in these days . on big frames weekly...
the leading index of japan is rising from the last bottom its looking for anew high after last pullback macd is positive on daily and 4H frame which is encourage me to take more long position spically when i keep in my mind the inflation effect right now these days on most of the market . take this on your own responsibility