**Monthly Chart** The long-term Directional Bias on the Monthly timeframe is still Bullish. However, the pair is approaching July -Aug of 2008 and I am expecting a liquidity grab around that area between 168 and 170 level. Then I might consider shorting at the high levels. But for now, the bias is still long. **Weekly Chart** On a weekly time frame, the pair...
**Monthly Chart** The short-term Directional Bias is Bearish on USOIL, while the long-term trend is Bullish. There is OB or manipulation candles on monthly charts around 90 area that needs to be tested. **Weekly Chart** On the weekly chart, the price clearly shows that it is moving in a big range from Sept 2022 and recently bounced lower from the 93.57 level in...
**Monthly Chart** Long Term Directional Bias is bearish on the monthly chart. However, this pair had two monthly double bottoms and engulfing which indicates the short-term trajectory of this pair is bullish. **Weekly Chart** It is clearly shown that after this pair bounced from 0.86000 (round number) level which was the low of Oct 2022 the pair moved higher...
**Monthly Chart** Last month's candle closed with a large pin indicating that the long-term bias is still higher. This month the GBPJPY bounced from Nov 2015 high. However, the monthly candle is still active and we still need to see if it is able to break from the 188.00 level and continue higher or bounce from there and start going lower. I also need to see if...
**Monthly Chart** Long-term directional Bias is still Bearish. Short-term directional Bias indicates that the price will move higher as the Monthly candle Bounced higher breaking last month's high which indicates the trajectory to be Bullish in the coming months. **Weekly Chart** Last week candle closed Bullish which indicates the short-term directional Bias to...
**Monthly Chart** Last month's candle closed higher which indicates that the long-term bias is still Bullish. Gold bounced from the high level (Sell Zone) for the third time in May 2023. However, it is slightly higher than the previous double tops which indicates that the price will approach the high for the 4th time break all-time highs, and move out from...
**Monthly chart** Like EURUSD, the GBPUSD monthly candle (which is still active) is forming an engulfing candle after last month's Doji candle. Which indicates the short-term bias is bullish. However, long-term bias is still long. **Weekly Chart** The pair continued to move higher after it bounced from the low level around 1.2000. Last week candle indicates the...
**Monthly chart** Monthly candle indicating that long-term directional bias is bullish. My next resistance at 1.85000 level (Round number) of the August 2023 high. It is also balancing the liquidity or Manipulation monthly candles of March & April 2020. **Weekly Chart** The weekly candle moved higher after it bounced from the weekly low at 1.79600 level where...
**Monthly chart** This pair bounced from the Jan 2015 high of imbalance area for the second time. However, the long term bias is still bullish on the monthly chart. **Weekly Chart:** The pair created a double top on the weekly chart after it bounced from Sept 2022 level. However, the long-term trend is still bullish. I am looking to short it if I find a good...
**Monthly Chart** Monthly Bias is bearish after the price bounced from last month's high creating double tops on lower time frames. Bear in mind that the monthly candle is still active. My nearest target is at 1.36000 Level (Round number) of daily chart. Then at around 1.3400 **Weekly Chart** Last week's candle closed lower which indicates the high probability...
Monthly chart Last month's candle was a doji candle and it bounced from a lower level. This monthly candle is still active and it bounced from the low creating an engulfing candle (but this monthly candle is still active) which indicates the short-term bias is to the upside. **Weekly Chart** For this week I am looking to buy EURUSD at bull back. As the price...
The monthly candle is still active which shows that it bounced from the daily level which I marked in blue previously. This means that It made a double top on a lower time frame and now it is moving lower. I need to see if the price is able to reach the lower level at around 100.00 (Round number) before the end of this month currently it is at 103.815. **Weekly...
I am watching WTI Crude Oil on weekly and it seems moving sideway channel since November 2022. Do you think that Oil will break the channel and moves up or it will bounce and go back inside the channel?
On weekly chart of USDJPY I can see the price is moving up through ascending channel, which is possible that it is forming the right shoulder of Head and Shoulder Pattern. I am watching it closely for potential trade to go lower if it bounced from the ascending channel and formed a key reversal indicating that the price will go short.
In my previous analysis on 18th June 2023. I was expecting that DXY will continue to go short. On the close of weekly candle of 4th August 2023. The price bounced from the dynamic downward trend tine with a weekly key reversal bar which indicate that the price will most probably continue lower. Bearing in mind that FED is planning to have another rate hike in...
I am currently looking to take USDJPY long at around 138 level as it bounced from the uptrend of the ascending channel as the trend continues to be long on weekly chart. If the price didn't break 145-150 level then I will be looking for a confirmation to short it at around 0.786 level and the upper trendline of the ascending channel.
From my simple analysis I believe XAUUSD is going to break all time highs. We are going to see some retracement for better entry to go long to cross above 2085 level.
USDJPY Bounced from the highest point this year of 145 level. Currently the price is ranging around 138.50 level. I would like to see the price moves to 142.84 and 143.38 and then bounce to continue its short movement as illustrated on the chart. to be bounced from the top of Symmetrical Triangle on weekly chart and continue lower.