This is what I am currently seeing on the pair. BULLISH
If we manage to retrace to that level then I am bearish on the pair in order to complete the higher timeframe move to the key support and demand level.
As you can see this pair is flying. I am BULLISH. Key support was found, tested ,held and rejected.
I am BULLISH on the pair as it found a key support floor at the 61.8 retracement level on the fibonacci. Another analysis I made a month ago just did not post it.
BTCUSD the famous crypto giant, after making its huge incline for months finally retraced to create a healthy uptrend. It found support at the 61.8 Fibonacci retracement level and made its ascension back up where it is at a key support turned resistance level in the market. I anticipate a deep retracement to the new support which was previous resistance and from...
I made this analysis last month when price was at $149. The Cryptocurrency is trading at a key support level after the deep retracement. My sentiment is nothing but BULLISH.
EURUSD broke out of the descending channel that it was trading in and is continuing the bullish path it was originally following. After the retracement to the highlighted key support level, I anticipate that a new higher low is created, confirming the bullish trend.
NZDUSD is a predominantly bullish market. It has created a fallingwedge pattern into a key support level in the market complementing the bullish sentiment of the market. I am bullish on the pair. This is not a trading signal this is my personal opinion based off technicalities.
EURAUD is currently trading at a key level creating both buying opportunities and selling opportunities. it most recently created a falling wedge of the back of a bullish trend. It broke out of the wedge and I am anticipating further buying pressure to complete the pattern mentioned previously.
USDCAD is trading at a key resistance level on the monthly timeframe. As per technical analysis, I am predominantly bearish on the pair. This however is not a signal it is my personal opinion based off technicalities.
GBPJPY recently tested a very strong declining resistance and from this point we can expect further downward pressure so my sentiment on this pair is, BEARISH.
Gold created a triple bottom at a key support and demand level in the overall bullish market.
Gold recently retraced to a very important key support level in the overall bullish market. In turn creating a triple bottom. I see gold creating new highs from this point on.