One more attempt to buy EURGBP. This time, the price is approaching a major rising trend line on a daily. The price formed an ascending triangle on that on 1H time frame and broke its horizontal neckline. I expect a bullish movement to 0.863
One more attempt to buy EURGBP. This time, the price is approaching a major rising trend line on a daily. The price formed an ascending triangle on that on 1H time frame and broke its horizontal neckline. I expect a bullish movement to 0.863
EURUSD is going up from the support level On the FOMC meeting decision that was milder Than the markets seem to have expected But the pair is still trading in a downtrend And a resistance cluster of the falling And horizontal resistance levels is ahead So I think that we will see a rebound And a move down from the level Towards the support below Sell!
CADCHF went down sharply On the FOMC meeting news But now the pair is retesting a strong horizontal support So I think we might see a local rebound And a move up towards the target above Buy!
NZDJPY is retesting a horizontal resistance And because the pair is trading in the downtrend I think we are presented with the perfect Trend-following trading opportunity Sell!
GBPUSD was nicely recovering for the last couple of days. The market reached a strong horizontal structure resistance. The price formed a double top formation on that. I believe that the market will drop. Goals: 1.2006 / 1.12
SILVER is making a pullback From the rising resistance level And because I am bearish biased I believe we will see a further move down Sell!
VIX is retesting a falling resistance line And we are already seeing a bearish reaction Thus, a move down is to be expected With the target being a local level below Sell!
EURJPY has retested a horizontal support And we are now seeing a bullish rebound Which makes me expect bullish continuation And a retest of the target above Buy!
Have you seen this crazy bearish candle XAUUSD? With just one single bearish candle, the market broke a key support and closed below that yesterday. I assume that the market will drop even more soon. Next support - 1788
EURJPY retraced to a key daily demand zone. The price formed a double bottom formation on that confirming the strength of the underliend structure. I expect a bullish continuation to 141.6
USDCAD is going up to retest a horizontal resistance And the pair seems to be locally overbought So I think that after the retest We will see a move down Towards the support level below Sell!
GBPUSD has retested a recent low That is also a support level And we are already seeing a bullish rebound So I think that the bullish correction Will continue and take the price a bit higher To retest a local target above Buy!
It looks like 🔻Bitcoin broke a major weekly demand cluster to the downside. Weekly candle close below is a very important bearish clue and it signifies that sellers are willing to push the market lower. Here are the next two major supports on focus: 18870 - 19815 narrow demand area based on 2017-high. 12468 - 13832 demand zone based on 2019-high. And above...
BITCOIN is trading in a downtrend And the pair broke a key horizontal level Made a rebound and is now about To retest the level again And we are expecting a bearish reaction And a move down towards the target below Sell!
EURUSD fell down sharply Just as I predicted in my previous analysis But a local horizontal support is ahead From where a rebound is to be expected Buy!
NEOUSD is trading in a downtrend And the pair just broke out of the bear flag pattern Which reinforces our bearish bias And we are expecting a further move down Sell!
AUDUSD formed a head and shoulders pattern on a 4H time frame after a test of a horizontal key level. Then the price broke its neckline to the downside. Now we see its retest. I believe that soon the pair will drop lower. Next support - 0.705