Price broke out of a very strong horizontal support zone Which aligns 50% fib level and the rising trendline support As you can see, the RSI indicator is in the oversold territory I think we might see a potential pullback to support turned resistance zone From where we might see price droop to the downside.
Price broke out of a very solid resistance zone As you can see, price has pulled back to the resistance Turned support which also aligns with the 50% fib level And the Ichimoku cloud and has rejected nicely. I think we might see a bullish continuation to the upside I'm bullish biased.
The overall market structure for NZDCAD is bearish As you can see, price is moving a bearish flag pattern Price is approaching the swing high resistance zone Which also aligns with the 50% fib retracement and The daily trenndline resistance I think we might see price reject from the zone to the downside I'm bearish biased
NZDUSD is rising towards a very strong resistance zone. From where we might see price drop to the downside I'm bearish biased
EURUSD broke out of a very solid resistance level. Which also aligns with the 50% fib level I think we might see a pullback to test the Resistance turned support zone from where price Might rise to the upside. I'm bullish biased.
AUDUSD is rising and has reached a very strong resistance zone. Which also aligns with the 78.60% fib extension As you can see, the RSI indicator is also in the overbought territory. I think we might see a bearish pullback from the zone. To the downside I'm bearish biased.
GBPNZD has broken out of a very strong support level which also aligns with the Ichimoku cloud and the 50% Fibonacci retracement. I think we might see price rise to the support turned resistance level from where we might see price drop to the downside.
AUDJPY has reached a horizontal resistance level. As you can see, the RSI indicator is also in the overbought territory. I think we might see a bearish pullback to the 1st support which also aligns with the 38.2% Fibonacci level.
GBPCHF is rising towards the pullback resistance. Which aligns with the 50% fib level As you can see, the RSI indicator is also approaching. The overbought territory I believe we would see a bearish movement to the downside.
The overall market structure for NAS100 is bearish Price broke out of a very strong support level As you can see, price is rising towards the support Turned resistance level which aligns with the 38.2% Fibonacci level We might see a bearish continuation from the level to the downside
XAUUSD broke out of a very solid horizontal resistance last week We might see a potential pullback to the resistance-turned-support Level which also aligns with the 38.2% Fibonacci retracement level From where we might see the price rise to the upside
The overall market structure is bearish Price made a strong rise last week and Has reached a very strong supply zone Which aligns with the 38.2% fib level We might see a bearish correction to the Downside
GBPCHF has been printing highs and lower lows making The overall market structure bearish As you can see, price has broken out of a very strong Horizontal resistance level which also aligns with the 50% Fibonacci extention. I believe we might see a bullish move to the upside
NAS100 broke out of a very strong support level yesterday As you can see, we're in a bearish market I believe the price will make a pullback to the overlap resistance Which aligns with the 38.2% Fibonacci retracement level And could reverse from there to the downside
WTIUSD has formed a head and shoulders pattern on the daily time frame If the price breaks below the neckline of the pattern which also aligns with the Ichimoku cloud, we might see a bearish continuation to the downside.
EURGBP is rising towards a swing high resistance A bearish reversal from the level could be expected
The overall market structure is bullish Price dropped from testing the monthly supply level As you can see, the price is on a very strong demand zone This also lines up with the 38.20% fib level and the rising trendline support I believe we would see a bullish continuation to the upside if the price rejects the demand zone.
GBPCHF has been printing lows making the market structure bearish Price is approaching the overlap resistance which also lines up with The 50% fib level I believe we would see a bearish move to the downside