Entry now at 530 Resistance 650 Target 900 - 1800 - 3000 support 350 forexness
Resistance 0.055 Support 0.03 Targets 0.075 - 0.1 forexness
So the most likely two scenarios include a bullish breakout above the all time high to spark renewed enthusiasm which could potentially push BTC above $50k. On the flipside however, failure to hold above the all time highs, might unleash the vicious blood hounds if you catch my drift. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT...
GBPAUD is moving North too along with #EUAUD. If GBPAUD crosses 1.79351 then the next possible resistance level is : 1.79622 and further we could see it reach 1.80041.
Looking closely at the VWAP there does not seem to be any strong volume of this downside move. Be careful selling at this current price. look for sell-side interest back at 1.3606 or above with a target for 1.3567 as buyers step back in. Please remember there are the GBP interest rates announcements at 12 pm GMT which could pull the liquidity out of the market...
Seems like there is very little buy-side interest at the moment and a pool of buy-side liquidity at 1.19599. With the EUR Retails Sale announced at 10 am GMT I would assume they are not going to be great due to the pandemic. POI - Strong buy-side interest at...1.19599 POI - Strong Sell-side interest at 1.20537 Currency Strength Comparison - Strong: USD Weak:...
GBPJPY Analysis Update: GJ reached resistance and rejected. Expect price sell to retest same support 142.071 then possibly bounce for a slight buy if price stays under resistance Long-Term Daily Timeframe
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/CHF ⚪ Technical Analysis : Since the 27th of January 2021, the price has been moving following an interesting ascending...
Be very careful with this market as we are heading the FX Algo weekly high. If you remember last week there were no big moves on USDCHF towards the weekly high and now we are very close. It would be wise to start looking for places to sell, either at the Algo Weekly High or 0.89951 which is a selling Imbalance POI - Strong buy-side interest at...0.89302 POI -...
Strong bounce off the Weekly open which could indicate a stronger move to the downside. As both currencies are strong any selling need to happen if 1.3675 & 1.3669 are broken No clear indication of price direction so I would be waiting to see this pan out. remember there are some strong buyers at 1.3675 and below. POI - Strong buy-side interest at...1.3675 POI -...
Selling are in control at the end of the Asian sell coming back in at 1.20817. At this point, I would be unsure if I would want to short this market. With EUR GDP being announced at 10 am GMT you might find that yesterdays sellers below 1.20618 will stay strapped. ** Find a reason not to trade this pair in my eyes. no clear direction...yet POI - Strong buy-side...
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You can clearly see buyers have taken control of the Asian session. I would be looking for price to close below the VWAP and coming back to at 1.3708. If the USD loses strength today then utilise trapped traders at 1.3723 as your buying area. just be careful as sellers could come back in full force. POI - Strong buy-side interest at 1.3708 POI - Strong Sell-side...
With both currencies still relatively strong I would let Monday unfold a little more. There have been more aggressive selling Imbalances in the market so look to see if the sellers are in control. POI - Strong buy-side interest at ...... 🤷♂️ POI - Strong Sell-side interest at 1.21302 and above Currency Strength Comparison - Strong: EUR & USD Weak: N/A delta:...
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Sellers seem to be trapped from the previous day and the market is now in an uptrend from the Asian session. the volume action is around 0.88869 and actually seems to be holding a buy level, instead of a sell level. POI - Strong buy-side interest at 0.88869 but could be a good area for sellers to come back POI - Strong Sell-side interest at 0.88869 Currency...
While there are a number of aggressive buying from the previous day it looks like today the market is looking to tap into that liquidity. I would be focusing on the next level for a buy at 1.3671 POI - Strong buy-side interest at 1.3671 POI - Strong Sell-side interest at ...... 🤷♂️ Currency Strength Comparison - Strong: GBP & USD Weak: N/A delta: -3.68 #GBP...