WaelHaz

WaelHaz

EURUSD is bearish on the daily, weekly and monthly timeframes. EURUSD failed once again to break above the resistance (supply zone) area 1.09-1.10. On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a possible formation of a triple top (H&S) at smaller scale,...

WaelHaz

EURUSD on the monthly timeframe is bearish and its downtrend channel and heading back to parity or below parity levels. The current month's close will form a bearish engulfing pattern, a retest of the double top neckline, and a failure to close above the resistance (supply zone) at area 1.09-1.10. which confirms its next possible leg down movement continuation...

WaelHaz

GOLD is in correction phase after reaching the upper channel at level 2050 and closing on the weekly at level 2003 signaling a reversal to the down side. Next correction is possibility at bottom of level 1900 - 1920 and if the current level holds we may see a bullish movement continuation to new high, and if it breaks the support area at that area, we may see it...

WaelHaz

Ethereum is still in its uptrend channel on the daily and weekly timeframe after previously rebounding from its lower channel, support and demand zone at bottom of 1k. Next target if the resistance and supply zone at area 2k break and with a close above, is at the resistance and supply zone at mid 3k.

WaelHaz

Bitcoin is still in its uptrend channel on the daily and weekly timeframes and previously rebounded from its down channel at level 15k. Bitcoin recently broke and rebounded from its support demand zone at area 20K and if level 30k breaks and a close above, next target is to next resistance and supply zone at area 50k.

WaelHaz

Oil looks in correction phase after reaching the support demand zone at area 64 and currenting heading back up to the downtrend upper channel possibly at area 75. Oil is still in its downtrend channel and possibly next target, if the support breaks, into next support and demand zone at area 50.

WaelHaz

Following on my idea on the daily and weekly timeframes below: EURUSD looks like have completed its pullback before uptrend continuation. EURUSD retested the support (demand) zone and tipple bottom neckline at the bottom of area 1.07 on the 4H timeframe with failing to break below. Possibly a sub uptrend channel is forming, which next target is into the...

WaelHaz

GOLD is in a bullish uptrend on the monthly timeframe (sub and main uptrend channels). Gold is heading to new highs above area 2000 and possibly to the upper channel of the sub uptrend at area 2300 as next target, if it succeeds to break and close above the strong resistance (supply zone) at area 2000. If this month, closes at this level a monthly engulfing...

WaelHaz

Following up on my previous post below and zooming in thru the daily timeframe: EURUSD is at the resistance area (supply zone) 1.08 and holding on. A break above may be confirmed today after FOMC and Fed rate decision. A break above, will lead to the upper channel of the correction uptrend (ABC) and to the next resistance and supply area at level 1.15 as...

WaelHaz

Bitcoin looks bullish after rebounding from the down channel of its uptrend on the monthly timeframe.

WaelHaz

EURUSD is possibly forming an uptrend correction phase with possible target to the upper down channel on the weekly timeframe to area 1.18-1.20. Currently EURUSD is below the resistance area at level 1.08 and a break will confirm its next leg up movement.

WaelHaz

Oil looks bearish on the weekly timeframe and next month looks bearish with possible new lows to bottom area 60. Oil on the weekly timeframe is in a descending downtrend channel and currently rebounding back from the upper channel of the downtrend at the resistance and supply zone at area 82 and already this week broke previous two weeks lows.

WaelHaz

ETHEREUM is still in its uptrend channel on the weekly timeframe and currently retesting its down channel . If the uptrend lower channel doesn't break and a weekly close above area 1300-1700 area will confirm, an upcoming bullish movement to new all time highs.

WaelHaz

EURUSD finished its correction phase and reached the upper downtrend channel and retested the resistance (supply) zone at area 0.9890 -0.90 area with three rejections. Currently a double top is forming and a break below 0.9650 will lead to neckline break and to reach a new low at the lower downtrend channel at area 0.93.

WaelHaz

EURUSD looking to have finished its correction phase back to the upper downtrend channel and resistance (supply area) at 0.9890-0.9990. If rejection and no break of the upper channel of the downtrend channel, then it will be confirmed downtrend continuation and into the downtrend channel (new low) and into the next demand and support area at 0.90-0.93.

WaelHaz

EURUSD still remains in the long-term bearish on the monthly timeframe with expected target to the lower downtrend channel at area 0.90 at least. On the daily and weekly timeframes, EURUSD reached today the bottom of the downtrend channel and nearly the psychological level at 0.95 area. Possible correction underway (in the short-term) back to retest the...

WaelHaz

EURUSD still bearish on all timeframes. EURUSD on the monthly timeframe next target is to the lower downtrend channel and support (demand) zone at 0.90.

WaelHaz

Bitcoin is still in its correction phase and nearing the end. Next target on the weekly timeframe is to the lower uptrend channel and the support (demand zone) at $12000, to possibly form a good buy opportunity.