WE ARE ANTICIPATING A BULLISH MOVEMENT AS SOON AS THE PAIR HITS THE SUPPORT AREA, A LITTLE CONSOLIDATION AND A BULLSIH MOVEMENT IS INEVITABLE
USDJPY REACHED A DAILY RESISTANCE LEVEL I EXPECT THE PRICE TO BREAKOUT AFTER A RETEST AT THE RESISTANCE LEVEL AND A BREAKOUT TO THE UPSIDE REGARDS, STOCHASTER LEAVE A LIKE!🎈🎈
A SMALLER TIMEFRAME OF THE CADJPY WAIT FOR THE HEAD AND SHOULDER PATTERN TO COMPLETE THEN SELL SCROLL BELOW FOR MORE INFORMATION
AFTER HITTING A POPULAR RESISTANCE, IT SHOULD CONTINUE ON IT'S DOWNWARD MOVEMENT TO THE SUPPORT LINE THE MACD AND THE STOCHASTIC RSI ARE ALSO IN FAVOUR OF A BEARISH MOVEMENT REGARDS, STOCHASTER!!🎁🎁 LEAVE A LIKE
THE CURRECY PAIR SEEMS TO BE RANGING IN AN ASCENDING TRIANGLE WILL THE BULLS WIN BY BREAKING OUT THE TOP OF THE TOP OR WILL IT BREAK OUT OF THE SUPPORT LINE ALSO, LOOK AT THE STOCHASTIC RSI, IT SIGNIFIES A BUYING OPPORTUNITY, IF POSSIBKE A BREAKOUT FROM THE TOP OF THE RESISTANCE AREA WATCH OUT!!
THE PAIR HIT THE WEKKLY SUPPORT AREA FEW DAYS AGO, IT IS HIGHLY EXPECTED THAT THE PRICE WILL START IT'S BULLISH MOVEMENT TO THE WEEKLY SUPPORT AREA LEAVE A LIKE
THE GOLD IS CONSOLIDATING AROUND THE DAILY SUPPORT AREA IF IT BREAKS OUT OF THE DAILY SUPPORT AREA, EXPECT A CONTINUOUS RISE TO THE DAILY RESISTANCE AREA IF IT DOESN'T BREAKOUT, THEN THE CONSOLIDATION OF GOLD WILL LEAD TO BEARISH CONTINUATION TO THE SUPPORT LINE OF THE DONWTREND CHANNEL LEAVE A LIKE!
WHEN THE PRICE HITS THE SUPPORT @ PRICE 1.53996, IT WILL SHOOT UP AND THEN HIT THE RESISTANCE OF THE DOWNTREND CHANNEL OR MAYBE BREAKOUT THE MACD HAS SIGNS TO BUY THE MARKET
THE PRICE BROKE OUT OF THE STRONG SUPPORT LEVEL THE NEXT IS FOR A LITTLE RETRACEMENT, THEN CONTINUE ON IT'S DOWNWARD MOVEMENT TO THE SUPPORT LEVEL OF THE UPTRND CHANNEL CLICK ON THE LINK BELOW FOR THE REST OF THE ANALYSIS ON THE EURAUD
THE MARKET BROKE OUT OF THE HEAD AND SHOULDER PATTERN AROUND 9TH DECEMBER AND HEADED STRAIGHT TO THE MINOR RESISTANCE AREA I EXPECT THE MARKET TO TREND IN AN UPTREND CHANNEL THERE WILL BE A SMALL RETRACEMENT TO THE SUPPORT OF THE UPTREND CHANNEL AND A CONTINUATION TO THE RESISTANCE OF THE SAME CHANNEL
I PUBLISHED THIS SAME PAIR NOT QUITE LONG AGO😁 THERE IS AN OPPORTUNITY FOR A BREAKOUT AT THE SUPPORT AREA, WAIT FOR A BREAKOUT TO SELL TOWRDS THE STRONG SUPPORT AREA
TAKE A LOOK AT THE CURVE, A SIGN OF A BEARISH COMING UP SOONEST WAIT FOR THE PRICE TO HIT THE SUPPORT LEVEL THAT'S ALSO ON THE SUPPORT LEVEL OF THE UPTREND CHANNEL FOR A BUY ORDER
THERE IS ALWAYS A TREND IN THE MARKET THE STRONG WEEKLY SUPPORT AREA IS WHERE THE MARKET WILL BE HEADING NEXT, FOR THE MEATNIME THE MARKET IS ON A TREND THE STOCAHSTIC RSI AND THE MACD ALSO SHOWS SIGNS OF A BUYING OPPORTUNITY LEAVE A LIKE IF YOU FOUND MY ANALYSIS HELPFUL
HINT : MRA= MAJOR RESISTANCE AREA THE CURRENCY PAIR BROKE ABOVE MAJOR RESISTANCE LINE 1 AND BOUNCE AWAY FROM MRA 1 I EXPECT A SHORT TERM RETRACEMENT TO THE MRA 1 AND BREAK OUT OF THE MRA 2 AND BEYOND ALSO THE INDICATOR MACD SHOWS A REDUCED MOMENTU AT IT'S TOP AND SHOWING AN INCREASED MOMENTUM ON IT'S WAY DOWN, SIGN OF A BEARISH MARKET TAP THE LIKE IF YOU FOUND...
#ANALYSIS OF GBPUSD THIS CURRENCY PAIR HITS ITS VERY STRONG RESITANCE THAT HAVE RESISTED PRICE BREAKOUT SINCE 2019 WAIT FOR THE PRICE TO BREAKOUT OF THE SUPPORT AREA TO SELL OR WAIT FOR A SHORT TERM RETRACEMENT AND PLACE A BUY ORDER REALLY APPRECIATE YOUR SUPPORT AND FEEDBACK
THE PRICE HAS FINALLY REACH IT'S DOWNTREND SUPPORT LEVEL I EXPECT THE PRICE TO MOVE BACK UP TO THE DAILY RESISTANCE LEVEL OR THE MONTHLY RESISTANCE AREA AND COME BACK DOWN THE STOCHASTIC RSI ALSO HINTS AN OVERSOLD PAIR LOOK FOR BULLISH PATTERNS IN THE LOWER TIME FRAME TO PLACE A BUYING ORDER
HEAD AND SHOLDER PATTERN : There is a bullish H & S pattern showing there will be an increase in price of the pair BREAKOUT FROM THE DOWNTREND CHANNEL : Also shows an uptrend FOR SHORT TERM TRADERS, PLACE A SELLING POSITION FOR LONG TERM TRADERS, WAIT FOR THE PRICE TO REPLACE FROM THE PRICE AT AROUND 70 YEN
Globally, the pair is consolidating in a symetric triangle. The pair just broke out of its strong resistance level and it will continue on it's downward movement Look for bearish patterns on the smaller time frame to sell this market