AUDNZD in correction mode to up,need some correction with help of trendline, price action in higher low and rsi in lower low ,its tell us price action in still uptrend,after correction and broken trendline we will see some nice price action
Please see annotated chart for details.
$EURGBP 4hr bullish Divergence. Daily both oversold on 14 & 50 period Stochastic . Low risk off the lows with target at 61.8% fibonacci levels.
$EURGBP 4hr bullish Divergence. Daily both oversold on 14 & 50 period Stochastic. Low risk off the lows with target at 61.8% fibonacci levels.
Now going long on the USDCAD after a second bounce off of the support zone with a pin bar as confluence to the bullish side.
We see a slow down in momentum of the down trend and am expecting a bullish move towards recent support zones, now acting as resistance.
Price came down to a strong support zone, we had a double bottom as well as bullish pin bar providing confluence
Falling wedges are bullish 70% of the time and usually get retraced 100%. There are also positive divergences on MACD and RSI. I expect ETH to go up from here with a target of 0.021.
Please see annotated chart for details.
Looks good for a reversal here. first target at 9.90. may even go up to 11.
NZDUSD reached a core level that might send the price into a bullish breakout. Monitor it closely. Stoch Oscillator shows a divergence on weekly that might mature if FED will keep a neutral tone.
Hello Traders, This pair has been following a bearish trend as of recent generally forming a series of lower lows and lower highs. However, we broke these highs completing a Gartley pattern as indicated in blue. We now want to take advantage of a potential Cypher pattern if price can reach 1.2619 and complete this pattern with confluence of bullish divergence...
Once upon a time their were a bull and a bear in a forex bar. The bear and the bull got into a fight. at first the bull was wooping the bear ass but the bear came back with hay makers himself. The bull put up a pretty solid fight until the bear got news that if knock down the bull he get free drinks all night. so the bear knocked his butt down. little did the bear...
Please annotated chart for details.
FX:USDJPY This pair is in a definite downtrend but with such huge moves down corrections are inevitable. The price will bounce up closer to the moving average. We have multiple bullish divergences on multiple indicators confirming this analysis. The projected take profit level is a 61.8% fib level. There is still a chance that it will honour weekly bearish...