On a second view of this instrument I still see bears trying to get into the market but bulls have been strong. XAU/USD Analysis - The bearish candle is promising at 1800.00, but it is a strange market because a lower high is not yet formed. A correction to lows of 0.618 Fibs may happen, -and those are support and resistance area zones and not supply and demand...
Cad Jpy is ranging. Cad/Jpy Analysis - It it at support level and bears are struggling to pass, I think it will bounce up and come down again for 77.45 --------------------- Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
I am seeing a drop in Cardano against Bitcoin for the second touch it made on its trend-line. CB Analysis- It may seem that this is bearish but it will need clarity, a lower high is formed but it needs to be visible enough. My Fib 0.618 of 0.00001371 region, is encouraging for sellers but to what price will they sell it to is still...
Eur/Cad seems struggling to make a LH at 1.53220 showing a ranging market and it's not clear if bulls will be able to push up with their low. My Euro Cad Analysis 1.53400 keeps selling pressure and the secondary resistance level -the 1.53220, could develop selling codes for 1.52460 on a right shoulder pattern ------------ Ideas in this page are speculative and...
A low from 1.35080 encouraged buyers to invest more in Usd /Cad, but, there is an uncertainty against a seeming bearish trend. UC Analysis The 1.35100 is a resistance zone given by the Weekly time frame, selling opportunities look promising for the 1.34500 . Just Support and Resistance approach. --------------- Ideas in this page are speculative and not a...
Eth/Usd is reacting from a 'high' and seems wants to make a new one for the bearish wick of 9th July '20 ETH U Analysis A pullback might happen soon, - the buying pressure seems weakening against 254.00 . The 248.00 resistance could be a good place for sellers, aiming for 234.00 ---------------- Ideas in this page are speculative and not a financial market...
GBP/CAD is making higher lows reacting from 1.7088 breaking minor support. GC Analysis Being also observed from momentum oscillators for price swings on support and following an 'ABCD' pattern on Support and Resistance; the Gbp Cad is dropping, and it might likely drop all the way to 1.6854 --- Ideas in this page are speculative and not a financial market...
I just got to hear of this instrument today from a trading friend, looks interesting,... looking bullish, surprisingly steady it seems, on its trend-line . --- Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
GBPUSD looking strongly bullish chasing highs with possible rejections ahead. GU Analysis It is a Low at the support level 1.2526, and aims to find 1.2613. A potential bullish run of 976 pips, if I am reading that right. --- Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
EU acting from Lower Highs EU Analysis 1.1265 over the trend-line is still targeted by sellers - but the 1.1265, I think it is a strong level for bulls - buying up for 1.1320 --- Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
Price reacting bearish at 0.90305 EG Analysis Price chasing 0.90000 from the trend-line. ---- Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
USD /CHF is in a ranging market visible in the Monthly Time Frame; but in the daily, it's seeming to react in an impulsive move to test the highs. UC Analysis From a lower time frame the bullish move appears clearer, price reacting from a Low. Patience and timing will be very important with this one because of this level 0.9450 . --- Ideas in this page are...
BTC\ USD at 9500, bulls stuck on bullish trend-line hoping on 8000. BU Analysis 10500 is a strong area for sellers, -but 8500 is convincing buyers that there is an uptrend with the trend-line. Well if I look at the structure of that trend-line; the Low of the trend-line at 4872.9 has ended at 9860.8 for its Higher Low, and this forms ABC - so CD will have to...
Usd /Jpy broke a trend-line weakening bulls. UJ Analysis The bullish impulse ended at 108.2, but the bearish trend is not established yet. On the break of the minor bullish trend-line, a possible reversal could happen, -and possibly it will be for the continuation of the bearish 106 . --- Ideas in this page are speculative and not a financial market investment...
Cad /Jpy weakens from resistance 80. CJ Analysis Price seems will break the bullish trend-line that has been keeping price up for a while for a bearish Low at 79. --- Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
Price is testing resistance structure acting from the Low 75. AJ Analysis: It has been in an up-trend from the break of the bearish trend-line all the way to 74.68, -and having broken this level it is bullish, for 76.7 . --- Ideas in this page are speculative and not a financial market investment advice; please apply your own analysis and confirm it with price action.
A bullish candle is above a main resistance level. My Analysis This looks like it will grow and reverse soon, -but I think it is an uptrend.
Price failed to grow as we hoped and seems steady at 100.00 . When your own strategy teaches you where you went wrong, that's just a blessing. My Analysis Momentum seems to be keeping up with the bears on this one, and it's so nice when your own strategy shows you where you went wrong. Understand other strategies but appreciate your own.