Will BTCUSD go to the Downside or continue Breaking Structure to the Upside? BTCUSD has been increasing more than 8% since May 10, till arriving today to near 65,000. Will BTCUSD continue breaking structure to the Upside? Or will respect the Resistance Levels around 65 or 66,000? I'm open to ideas and comments. Thank you!
The dollar index #DX1! respected its previous downtrend and the News about CPI (Consumer Prices) today helped with this movement to the downside. Will the Dollar continue its Downtrend or will change its Direction to the Upside? CPI m/m Actual: 0.3% Forecast: 0.4% Previous: 0.4% Empire State Manufacturing Index Actual: -15.6 Forecast: -9.9 Previous:...
This morning we're seeing the Dollar going down due to the Unemployment Claims news. Will the Dollar continue his Downtrend? Levels taken from Forex Factory: Unemployment Claims Actual: 231K Forecast: 212K Previous: 209K References: www.forexfactory.com www.reuters.com
XAUUSD Consolidating in 4H. Waiting for Gold to finish consolidating. Should we buy? Should we sell? Put your comments. I'm open for ideas. Thanks!
USDMXN Bullish *Break of Structure. *Buy trend. USDMXN is on a Bullish trend, it could go to 18.00 or higher. #USDMXN #Bullish
We can see that the price has finished the first wave, so we can expect a reversal to finish the second wave, after that we can expect a huge uptrend. Let's wait for next week.
EURUSD is making a reversal in this zone, I think it's possible to see an uptrend in the following days or weeks. We must wait for a breakout and wait to see how it reacts around this zone.
The price is making a reversal in this zone, near the pivot point. We can expect the price to change the direction, make a downtrend, and retest our last Daily Support. Let's wait.
The price is making a reversal in this zone. I'm waiting for the breakout and for the trend to change. I will place a selling position waiting for the price to retest our previous 4H support.
The price has come to a top, made a reversal and we can expect an impulse and a downtrend. I'm expecting that the price comes to our last 4H support. Let's wait.
I think USDCAD is consolidating, we can see that there's a resistance zone and a trendline that the price has been respecting, let's wait what this pair is going to do next. I'm in a short position in the short term but let's see if this pair can go down or if it respects the uptrend.
I'm waiting for this pair to make a reversal near 19.80 to place an order to buy. Right now, we can see a break of the trendline, so this could be the beginning of a new uptrend.
The price now is consolidating, and it depends if the price breaks the trendline or the support in 1758. If the trendline is broken I think is a better sign to buy, if it breaks the support, we must wait for the reversal to sell.
We can see a clear downtrend in this pair, it has already touched the resistance level at 0.7615, and it has broken the up-trendline, so I think we can expect to retest this level or take more impulse to the downside, the price could go down to 0.7350. I'm waiting for more sales in this pair.
I'm still Neutral in USDCAD. The price has already tested the level at 1.24, but I want to see more confirmation to place an order to buy and hold my position and take advantage of the uptrend.
I think GBPUSD has been in a downtrend since 06/10, we can see that it has already finished it first impulse and reversal, I think we can see a second impulse in the following days, a small reversal and finally finish with its third impulse to finish and starting to make a reversal. I think this pair could go down to 1.35.
USDMXN has been in a downtrend since 06/18. This pair must break the trendline and form a pattern to change direction and go upside. If the trendline is not broken, we can see more movement to the downside.
I think XAGUSD is in a downtrend, I'll wait for this reversal to finish in order to place an order to sell. We can see a resistance above this level.