1-Seasonality: In Seasonals we can observe the CADJPY pair remains Bearish. 2-Fundamentals(Exogenous Factors): Real GDP, IR Differential, BOP Relative, Stock Relative all are Increasing 3-Fundamentals(Endogenous Factors): for JPY factors are Increasing and CAD endogenous factors are mix to decreasing. 4-Forex Conditional Scoring: Data is mix or mix to decreasing...
1-Seasonality: In Seasonals we can observe the CHFJPY pair remains Bullish. 2-Fundamentals(Exogenous Factors): Real GDP, IR Differential, BOP Relative, Stock Relative all are mix to Decreasing 3-Fundamentals(Endogenous Factors): for JPY factors are Increasing and CHF endogenous factors are mix to increasing. 4-Forex Conditional Scoring: Data is mix or mix to...
Head and Shoulders pattern and the current market sentiment, the AUDUSD pair is expected to continue its downward trend in the short term. However, the fundamental and seasonal factors could provide some support to the Australian Dollar.
NASDAQ looks like maintaining bullish momentum. We can see ascending triangle is in the action and on the last two higher lows we can see a bullish divergence. We can take the entry on break of ascending triangle with Buy stop.
Bearish Reversal expected as clear divergence has been observed and the double top reversal pattern has been scene on the charts.
EURUSD has made double bottom and changing trend to make higher highs and higher lows.
EURUSD is making an harmonic pattern and a bullish divergence can also be observed at potential reversal point. If the trend brakes previos lower high then it will probably start making higher highs and higher lows.
EURUSD is making double Top and a clear divergence has been observed
The Price has given a breakout from double bottom neckline at 0.65712 Buyers will remain in control above necline support. Before forming double Bottom, we have observed Bullish divergence. The uptrend is expected to remain valid till 0.6759
GBPAUD is making double top and clear divergence has been observed.
AUDJPY is making falling wedge reversal pattern and after breakout of trendline the buyers will remain in control and we can also observe the clear divergence which supports the reversal.
The Price has given a breakout from double bottom neckline at 19239 Buyers will remain in control above necline support. We have observed Bullish divergence.
The Price has given a breakout from double Top neckline at 1.66532 Sellers will remain in control below necline support. Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 1.6154
The Price has given a breakout from double Top neckline at 2.19239 Sellers will remain in control below necline support. Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 2.1268
"The Price has given a breakout from double bottom neckline at 28.3588 Buyers will remain in control above necline support. Along with forming Double Bottom, we have observed Bullish divergence. The uptrend is expected to remain valid till 30.4856
EURGBP making double bottom reversal Pattern and Bullish Divergence has been observed.
USDJPY is making tripple top reversal pattern and divergence has been observed on RSI. Which indicates if its breaks the support level of 160.93 then the bearish trend is expected to be valid till 159.425
Its making falling wedge but a divergence has been observed and its making Higher highs and higher lows