YGForex

YGForex

We managed to see a rather significant breakout of the support level @153.80. Currently, price is near our MA and EMA which may give us a potential rejection which might retest the broken support level. If we managed to see this movement occurring, we can eye for a short opportunity to the next support level. If so, I believe there will be some consolidation...

YGForex

As price heads closer to the demand zone (green box), we should start seeing a nice BULLISH pressure building up for this pair. With that, we should start looking out for potential rejections around this level which will give us a retracement opportunity. Previously, we managed to see a clean breakout from the support level @1.2014. For this BULLISH retracement...

YGForex

Previously, we saw price movement for AUDCAD fall short in retesting the 361.8% with an engulfing BULLISH candle after the BEARISH candle. This evinces a great BULLISH pressure pushing price up for AUDCAD. Having said that, a breakout of the trend line is yet to be confirmed for now. We await further confirmation for the breakout or a BEARISH continuation to...

YGForex

Currently, we can see that dogecoin is moving towards an area of BULLISH pressure. Today's candle managed to reject off the 61.8% fib level as we see a BULLISH candle. However, BULLISH pressure as of now does not seem to be making a strong rejection. I am expecting price to break down this level moving towards 78.6% fib level before we see greater BULLISH...

YGForex

Looking at USDJPY price action, we can see that USDJPY BULLISH momentum targeted a full fib movement to 461.8% fib level. After that, we managed to see BEARISH pressure taking over with price hitting all the way till 261.8% fib level followed by a short BULLISH movement to 361.8% fib level. Now price is near a resistance level @109.42 where I expect a rejection...

YGForex

After seeing a great BEARISH movement, EURCAD managed to make a substantial BULLISH retracement followed by a BEARISH continuation. If we look at today candle, we see a great BULLISH candle which I classify it as a "deception" candle. This candle form as a short term retracement candle for EURCAD and retest the broken level. I will be expecting a BEARISH...

YGForex

Looking at GBPCAD, we can see that the previous BEARISH movement failed to reach 161.8% fib level. In fact, price retested the broken support level @1.6950. This could signal another wave of BEARISH movement as we are currently eyeing for 2 possible price rejection level. I have identified the supply zone (red area) where I strongly believe BEARISH pressure will...

YGForex

As we see a strong BULLISH movement upward, price is reaching closer to a 461.8% fib movement. Also, there is a strong resistance level @88.86 price level where I expect some BEARISH pressure on this pair. We could be eyeing for a potential short position from there towards 361.8%. If the BULLISH strength remains, we should see a rejection there, brining price to...

YGForex

Just a quick update from my previous take on Bitcoin. Previously, I was keeping a bias on price potentially dropping all the way back to 28k-30k range. Is it still possible? My take for now is yes but it might take awhile. With the rising "hype" over Bitcoin, it is less likely we will see such movement yet. In fact, Bitcoin has been performing well with many...

YGForex

Looking at our chart, we can see that there is still a great upward potential for GBPJPY. We managed to see small retracement as price made a strong BULLISH climb. Currently, there is no sign of stopping as we failed to see confirmation candle for a BEARISH retracement. In fact, price seems to be BULLISH as we managed to see a crucial rejection off our EMA, MA and...

YGForex

After a 261.8% fib level climb, we managed to see a decent retracement towards 100% fib level which failed to break lower. Currently, price has reached above the 161.8% fib level. With this movement, I expect BULLISH movement to continue as we failed to see a 61.8 fib level retracement which may signal to us a possible trend reversal. As of now, price seems to be...

YGForex

Previously, we failed to see a 261.8% fib level movement with price heading near that level. Currently, we managed to see a BULLISH retracement with candles retesting the 161.8% fib level followed by a BULLISH continuation. Having said that, the candles we saw retesting the 161.8% fib level do not seem to signal BULLISH strength. In fact, if we look at candlestick...

YGForex

Current price movement has shown us a perfect 61.8% fib retracement with a nice rejection off that level. This could signal to us that BULLISH strength has yet to come to a stop. EURCHF managed to reject off our EMA as well as the ichi cloud. Therefore, if EURCHF was to break this level it could signal a huge downward movement. As of now, we have not reached that...

YGForex

Looking back at our previous analysis, we managed to TP at the support level @0.8475 price level. However, further BEARISH movement failed to happen. After which, we saw an impulse BULLISH candle. As of now, what we are hoping to see is a correction candle or even an impulse candle to the downside to signal to us a potential BEARISH continuation. Having said that,...

YGForex

According to our previous GBPAUD analysis, we have explained our reason behind a huge BULLISH momentum for GBPAUD. We also managed to see a strong BULLISH movement according to our previous analysis. However, the bullish strength did not managed to hit 1.8335 resistance level as anticipated. The high that we managed to see tested the trend resistance and rejected...

YGForex

This will be an intraday signal and analysis. After we see BNBUSDT reaching a new ATH, we started to see a short term BEARISH retracement. As of now, I am still expecting BEARISH movement for today. Having said that, a good opportunity to enter will be at our MA and EMA (or trend resistance level). With that, I am expecting the parallel channel to break while we...

YGForex

Currently, we can see a strong BEARISH candle for AUDCHF bringing price towards our EMA. After failing to reject from our MA, EMA could be a possible level to watch. As of now, waiting for the confirmation candle to trigger us will be a good option. Having said that, if today's candle do not break the support level at 0.7055, BEARISH breakout will be less likely...

YGForex

If we look at gold price, we can see that gold BEARISH movement has made its full extension to the downside with a 461.8% fib movement. After which, we also managed to see a nice double bottom pattern to confirm our stance. As of now, I am expecting a decent BULLISH climb and will be eyeing 261.8% fib level, also the trend resistance level. Further confirmation...