The pair is forming a bearish ascending channel in the lower time frame as you can see in the small picture wich may potentially be followed up by the next impulse down. TP → 1.07400
The descending channel has now showed strong signs of reversal and we can expect it continues rising up to the top of the channel along the next week. TP: 1.703 Any thoughts on this?
We can see the pair raising again after being rejected by second time in 1h chart and forming a descending channel. I expect this to go up to the top of the channel in the upcoming days. Ideas on this? TP --> 0.65
We haven seen the price to recently retest the resistance and based on price action and the last quick reaction on the resistance, I expect the price to drop after a possible new retest of the zone. TARGET 1 --> 1.135 TARGET 2 --> 1.105
As flagged last week, the price has broken the resistance line and it has developed and ascending channel retesting the previous price. We may expect further drops during the upcoming hours/days. Good luck! Target --> 1.88
We´ve seen how the price has develop in a range between 1.950 and 1.913 since the beginning of November an we can expect it brakes the resistance during the upcoming days up to the next level, placed at 1.88. Wait for a breakout to confirm the trade and open a position. TARGET --> 1.88
The price broke yesterday the descending wedge after the interest rate's increase announcement and it's currently retesting the line. We may expect further upsides if we see a bullish correction over it before entering the trade. Good luck. TARGET 1 --> 148.8 TARGET 2 --> 150.0
We may expect the price to retrace to retest the previous resistance if it is rejected from the Fib level again. On last Friday, we saw an interesting price rejection at the resistance which might develop in a pull back during the next week. Wait for a consistent rejection to enter the trade. TARGET -->
It looks like FX:USOIL is about to break the ascending channel after the retracement it experienced today. Considering the dimension of the pattern, it's likely to break the first resistance as it's going to be the third retest of the zone. Wait for an entry confirmation as a brake in the channel or a retest of it, but I don't we´ll see such retest after...
I´m attentive to this trade as it could go up or down but let´s wait until it breaks one of the lines to get an entry confirmation.
A very clear H&S is being formed in 1 hour chart. If we see a fail at the resistance where the price is placed now, the bearish movement will be in place. TP1 --> 81.370 TP2 --> 80.500 Let me know your thought about this idea. Thanks ;)
After my previous analysis on GBPJPY, I think the pair is going to drop to 152.600. The daily chart shows a double candle rejection with clear resistances and supports and RSI is supporting the movement down. TP --> 152.600
After breaking the resistance, we can expect a rise up to the next one, which is placed at 156.000. Buy to follow this opportunity. TP --> 156.000
USOIL is following a falling wedge pattern in 4h chart. We can see as well it's becoming bullish after a good rise today. After the breakout, we could expect it overcomes the previous resistance at 72.8. TP1 --> 74.00 TP2 --> 75.4
The pair is currently at the top of a descending channel which is being followed since mid July. I think it's a great opportunity to sell. TP --> 0.89000
The pair is testing a key resistance and we can see twoo rejections in the daily chart. From here, we could expect it drops sharply up to the bottom of the pattern, where the support is based. The RSI metric is also supporting this idea since the value felt down from such level in June. TP --> 1.03050
After consolidating around the resistance, the pair is losing strength in the daily chart and we can expect a quick drop to the nearest support in the next 2-3 days. This is a very common pattern that we can see in many charts and follows the same trend very often. TP --> 1.43100
Hi all! NZDUSD is becoming bullish in all timeframes. From here, we can expect a pullback movement in the next few days up to the resistance at 0.695-0.700. Indicators are also supporting this idea. TP --> 0.695-0.700 Thanks!