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Price was recently rejected on a daily resistance zone which is also resistance/support on the larger weekly/monthly timeframes. There is possibly a great bearish potential with reasonable risk: reward, with a SL above the resistance.

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AUDJPY has been on an uptrend since March 2020, and has been in a long term secondary consolidation for more than one year. In the market, The more the period of consolidation, the more powerful the breakout (to either side) , and the longer the breakout will last. This means that any breakout to the upside here will last several months, and will be worth a few...

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This is a 3 month chart of NZDJY. Since January 2022, the market has been consolidating at these levels, with each 3 Month candle leaving a wick to the upside. Its only the last candle( April 2023- June 2023 ) which closed well above the 88.00 resistance for the first time since January 2022.This is an early sign of a breakout and continuation of the bullish...

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Greetings ! Recently GBPJPY broke out of a long term consolidation at 168.00 and established a bullish trend, more than 1500 PIPS to 184.00. The pair is now in a correction. The non commercial traders in the COT report are extremely bearish on the JPY. CADJPY has been in a long term consolidation for more than a year. This means that a breakout above the previous...

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Price has been rejected at the 1.8000 resistance multiple times this year. Yesterday, after the FOMC maintained the dollar rates at 5.50, there was a strong rejection at 1.8000, with the bulls coming in at this point. This may be the beginning of the next bull run to new highs.

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Here goes a 500 PIP trade..1.9400 is previous resistance ( now support ) where the buyers are most likely to come in and push the market to previous highs.

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After breaking the 1.6730 daily resistance, EURAUD tagged 1.7080 on August and started a secondary consolidation above the resistance which has lasted for three weeks. The dominant bullish trend will most likely resume after the retest of the broken daily resistance.

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ETHUSD- Corrections can't get more textbook than the one on Ethereum. Its the classical A, B, C correction. So, if you missed the first crypto bull run from 2010 - 2021, don't worry, we are going back to the roots.

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The market has been consolidating for weeks in a rising wedge pattern. Price is now trading at the upper trendline. Since the Non Commercial traders are heavily long on the Pound in the Commitment of Traders report, its likely that a bullish trend is on the way in GBPNZD. The best strategy here would be to wait for the breakout and retest before buying.

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Price has been rejected at the 1.8000 resistance multiple times this year. Yesterday, price made new highs above 1.8100 for the first time. A breakout and close above this long term resistance in the coming days will be a strong signal for the next bull run. The best strategy here would be to wait for the breakout and buy on retest.

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There is a strong relationship between bonds and equities. Recently, specific stocks such as APPLE and MICROSOFT have been retracing from their all time highs. There is a continual flow of money between the equities and the bonds ( like two poles on the opposite of each other ). If the bearish momentum in the equities continues in the coming weeks/months, the...

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On the faster H4 TF, the breakout and retest is very clear. EURJPY broke the 158.00 resistance and is now forming an A, B, C correction above the resistance (retesting), before pushing higher.

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On the daily TF there is a classic breakout and retest, an opportunity to buy into the long term dominant bullish trend,

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The dominant trend in GBPJPY is undoubtedly bullish. On the faster H4 TF price has been in a short term correction, and the market is currently sitting on a support zone where it has been rejected three times. This is absolutely normal, since markets don't go up or down in a straight line, but since the dominant trend is bullish , the uptrend should resume anytime...

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The pair has been on a downtrend correction for the better part of May. However, on the monthly Timeframe, there is a strong uptrend, with monthly candles opening at the lows and closing at the highs. The buying pressure on the slower Timeframes might signal that this is just a correction, and we are most likely to see the bulls leave a deep wick to the downside...

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The market is at a point where it has paused and reversed before, and there is every chance that it will reverse at this support zone again !

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EURJPY made New highs @ 159.00 for the first time since 2008. On the Daily TF, price closed well above the 157.90 resistance. The volume on the Daily candle was high, giving further confirmation of the breakout and continuation of the trend. Soon, price will retest the broken resistance, and give us another opportunity to join the trend.

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The RBA is set to maintain the AUD interest rates later today. The AUD fundamentals coincide with key aspects of technical analysis on the price chart. Price is at a previous support/ resistance where the market has paused and reversed multiple times before. What are the chances that the market will reverse here again?