Popeson

Popeson

GJ has been in an extended uptrend for a long time has tested the ascending trendline a couple of times which has served as a support to the uptrend. After the impulsive movement last week, price is presently cooling off. A break below the minor support and trendline could indicate a trend reversal to be bearish. However. if price breaks above the upper descending...

Popeson

Price tested the resistance level twice forming a double top. If price breaks the neckline, and the trendline, I'm looking for a sell. or I wait for the breakout to the upside from this range.

Popeson

Let's take a look at GBPUSD, Price has been trapped below the keyzone for a while. A slow and week trend. If price breaks the minor trendline, i may look for a sell opportunity. How ever, if price breaks the resistance and stays above the level. I may look for a buy opportunity. What is your bias on GU?

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Since the beginning of 2024, EURUSD has been bearish after breaking my daily trendline and changing of character from bullish to bearish. I anticipate that EURUSD will continue the downtrend to the support zone, as long as DXY is bullish as i have analyzed

Popeson

Dollars has been in an uptrend since the beginning of the year 2024. Though the impulsive leg has been short while the corrective wave has been longer, i expect the continuation of the uptrend if price breaks out of the consolidation to the upside

Popeson

In March 2023, I predicted that the US500 would experience an uptrend after breaking the bearish trendline that had constrained the price since 2021. The price successfully breached the trendline and underwent a retest. The following analysis resulted in an impressive gain of over 9000 pips. This development is particularly significant for long-term investors and...

Popeson

Here is a revised version of your text with corrections: Bitcoin has been in an uptrend since the beginning of the year 2023. Despite pullbacks and resistance levels, the price has maintained an uptrend throughout the year, gaining over a 165% increase Year-to-Date (YTD). It has remained the top-performing investment instrument for the year. Anticipation for...

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While the Dollar is currently exhibiting weakness and is in a downtrend, it is currently undergoing a pullback at a significant support level of 100.857, which has proven to be resilient in the past. My expectation is for the price to undergo a minor correction before potentially continuing the bearish trend, contingent upon a break of the major support level. On...

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In 2023, XAUUSD achieved a significant milestone by surpassing its previous all-time high of 2073.507, set in August 2020, and reaching a new peak at 2148.714 in December 2023. Presently, the price is situated at a major resistance zone. If the price successfully closes above this zone, it could indicate a potential continuation of the uptrend with a retest of the...

Popeson

As we approach the conclusion of 2023 and transition into 2024, it's noteworthy that EURUSD is currently exhibiting an upward trend, having successfully breached the critical resistance zone around the 1.10447 level. The anticipation is that the price might sustain this positive momentum, with a potential retest of the key zone before continuing the...

Popeson

As we approach the end of 2023, GBPUSD is currently testing a significant resistance level that has proven to be a formidable barrier in the preceding months. Looking ahead to 2024, my expectation is for the price to breach this resistance and sustain the upward momentum, targeting a level around 1.31328. It's crucial to acknowledge the potential for a rejection...

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What are your thoughts on this analysis? Please feel free to share your comments

Popeson

USDJPY is currently experiencing rejection at a significant resistance level, which also aligns with a supply zone. On the 4-hour time frame (TF), the price is forming a double top pattern, suggesting the potential for a bearish price decline towards the marked support level, which may coincide with the bullish trendline. However, it's also possible that the...

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After GBPUSD experienced a price rejection from the trendline last week, coupled with a bearish engulfing candle, I anticipate the price to reach the support level at 1.20413. At that point, we may witness a price reversal, or if the support is broken, it could signal a bearish continuation down to 1.18159 support level. What are your thoughts on this analysis?...

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From a fundamental perspective, there is a notable increase in demand for precious metals like Gold and the U.S. Dollar Index (DXY) due to the ongoing conflict in Israel and Palestine. As a result, we might witness a continuation of the current uptrend if the price manages to close above the upper trendline. In such a scenario, my next target price is 1981.25....

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EURUSD faced rejection at the third touchpoint of the upper band of the descending channel, coinciding with a minor resistance level at 1.06225. Now that the price has retraced to the support, I anticipate a break of this level, primarily due to the strong demand for the U.S. Dollar in the ongoing uptrend. This could potentially drive the EURUSD pair down towards...

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After DXY reversed from the keyzone level of 105.774 last week and moved back to the upside, my expectation for this week is that the market will continue the uptrend with the target areas identified above. The ongoing conflict between Israel and Palestine has increased the demand for the Dollar as a safe-haven asset. However, it's important to note that other...

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EURUSD has been moving in this bearish channel. I'm expecting a third touch on the upper trendline before we can expect a bearish continuation, that level also serves as a minor resistance on the smaller time frame. The RSI is at 97 which also indicates that EURUSD is at the over sold level But, if price breaks and closes above the upper band trendline, this...