AnalytixEdgeByQasim

AnalytixEdgeByQasim Updated 

EURUSD was in bullish retracement for a while. But at the close of the friday, it showed some signs of bearish continuation, which is in line with higher time frame. Expecting a major bearish move.

AnalytixEdgeByQasim Updated 

GBPCHF is in continuous upward momentum. A bullish continuation flag pattern has formed. A breakout of the high gives a good buy opportunity for good gains.

AnalytixEdgeByQasim Updated 

AUDCAD is currently forming cup and handle pattern and we are expecting a break to the upside, which will give us a good opportunity for a buy side entry.

AnalytixEdgeByQasim Updated 

USDCAD has turned bullish by breaking its previous lower highs and making new higher highs and higher lows. Possible bullish entry can be made on retracement of current bullish impulse move on the buy side. Let the trade work.

AnalytixEdgeByQasim Updated 

- Crude oil had a retracement on daily time frame towards trendline. - Price has retraced to 0.5-0.618 zone, a bullish momentum from here can break previous highs - A bullish divergence has also formed with double bottom pattern on hourly time frame. - Mulitple confluences make this a good buy opportunity for long.

AnalytixEdgeByQasim Updated 

EURUSD is bearish on daily timeframe but I believe we have some profit opportunities from a good retracement as well. EURUSD is showing signs of reversal on hourly, which might be a start of uptrend. having a tight SL and TP can help us benefit from it. Lets see how it unrolls.

AnalytixEdgeByQasim Updated 

NZDUSD was in bullish retracement for last two weeks. At the moment we see a good bearish setup, if plays well can give good returns. Keep an eye!

AnalytixEdgeByQasim Updated 

- EURNZD was trending bullish with HH and HL forming. - bearish divergence has been observed. - Lately, Head and Shoulder pattern has been observed on hourly time frame. - Possible reversal of trend is imminent with confirmation from break of neck line.

AnalytixEdgeByQasim Updated 

UK100 was bullish mood so far. But a possible head and shoulder pattern forming at the top might change its mood and reverse the trend. We have a buying opportunity at break of neck line. Lets see how price unfolds!

AnalytixEdgeByQasim Updated 

EURUSD has seen a big fall after CPI news which contributed to its general bearish sentiment. However, we may see a retracement, as some traders may anticipate mean reversion. Keep in mind as bigger timeframe is bearish, It is better to watch for a change back to bearish trend once it hits probable 0.38-0.61 fib retracement zone in hourly timeframe. Price may go...

AnalytixEdgeByQasim Updated 

- EURGBP is currently at its peak of uptrend. - Price has made a double top with exaggerated divergence. - Possible reversal entry at break of the neckline. - Price is projected to go down to 0.85993.

AnalytixEdgeByQasim Updated 

- NZDUSD is currently making LH and LL showing classic down trend. - Last impulse move went down from 0.59332-0.58524, a down move of about 1.36%. - Since making last LL, price has made to 0.5 - 0.618 fibonacci retracement zone. - No bullish divergence has been identified. - Trendline has not captured price.

AnalytixEdgeByQasim

POL is currently in uptrend and forming rising wedge pattern. It is also showing a bearish divergence. It may fall after breaking lower trend line and possible short opportunity after breaking previous higher low. Stoploss would be recent high.

AnalytixEdgeByQasim Updated 

NZDUSD pair is currently trading bearish with continuous LL and LH. Currently, it is at 0.382 retracement of bearish swing. No bullish divergence has been identified. Market may continue to go bearish on Monday opening. Possible sell entry given.

AnalytixEdgeByQasim Updated 

- Pair is currently making HH and HL showing classic up trend. - Last impulse limb went from 0.89658 to 0.90716. - Since, price has retraced to 0.618 fibonacci value making HL of 0.89999. - No bearish divergence has been identified so far. - Price has not completely retraced to trend line. - Possible bullish entry at Fibonacci Golden ratio of 0.90817.

AnalytixEdgeByQasim Updated 

AUDNZD is currently trading in range after a big fall. Market is currently uncertain of its next major direction. Stop order have been placed for potential breakout movements.

AnalytixEdgeByQasim Updated 

- Crude oil is currently trading in a range after a bullish move. - Buy stop and Sell stop orders are in place for potential breakout move. - High of the range is 87.101 and low of the range is 83.993.

AnalytixEdgeByQasim

EURUSD has show a significant downfall upon CPI news data, marking the strength of dollar against major currencies. Currently, the chart is showing bullish divergence with RSI, paving way for possible retracement of major down move to 0.382-0.618 retracement zone marked in chart. Best strategy would be to wait and see till the price shows a downtrend in lower time...