Fundamental Analysis: Key indicators, including the LEI as well as endogenous and exogenous factors, show mixed to declining trends on a weekly basis. This points to a weakening outlook for GBP against JPY, reinforcing a bearish view on the pair Seasonality: Historically, GBPJPY tends to be bullish from the middle of the first week of December until the middle of...
Fundamental Analysis: Key indicators, including the LEI and both Endogenous, and Exogenous factors, have been steadily declining on a weekly basis. This indicates a weakening outlook for the CAD against the CHF, supporting a bearish perspective on the pair. Seasonality: Historically, CADCHF shows a bearish tendency between December 2nd and December 16th, pointing...
Fundamental Analysis: Key indicators, including the LEI and both Endogenous and Exogenous factors, have been steadily declining on a weekly basis. This indicates a weakening outlook for the GBP against the AUD, supporting a bearish perspective on the pair. Seasonality: Historically, GBPAUD tends to exhibit a bullish bias during the first week of December,...
The EURCAD was trending upwards but formed a lower low in the 1H time frame, adhering to the previous bearish divergence. This presents an opportunity to short at the breakout of the most recent lower low.
The EURUSD is currently exhibiting a bearish flag following a temporary pause, signaling that the downward trend is likely to continue. This presents a chance to consider shorting at the base of the flag pole.
GBPUSD was following a bullish trend in the IH time frame, with higher highs and higher lows. After previously showing bearish divergence, the trend began to align with the divergence. This creates a potential opportunity to short if the price breaks below the previous higher low, indicating a move downward.
The EURGBP is currently in a bearish trend in the one-hour time frame, exhibiting bullish divergence. The price action is adhering to this divergence, suggesting a long opportunity if the price breaks above the previous lower high.
The AB=CD Pattern is shown in AUDUSD, where the Harmonic analysis indicates a long opportunity when the price breaks out of the previous higher high.
The bullish Butterfly Pattern is shown in CADCHF, where the Harmonic analysis indicates a bullish trend
The QIBK exhibits a bullish Butterfly Pattern, as indicated by the Harmonic analysis, suggesting a bullish trend.
The EURAUD is transitioning from a downtrend to an uptrend on the IH time frame while displaying a Bearish AB=CD Pattern. This presents an opportunity to set a Buy stop order at point B, anticipating a move to point D (Potential Reversal Zone). At that juncture, we can consider initiating a Sell-stop order for a second trade.
The AUDCAD is presently in an upward trend and displaying a Bullish Flag formation. In this scenario, we might consider opening a long position (Buy Stop) as the price breaks out from the upper boundary of the bullish flag pattern.
The EURGBP is currently experiencing a downtrend and exhibiting a Bearish rectangle pattern. In such circumstances, we may consider initiating a short position (Sell Stop) as the price breaks out from the bottom of the rectangle. Additionally, given the recent behaviour where buyers attempted to drive the price up over the past four candles, there's also a chance...
Currently, the USDCAD is in a downtrend and exhibiting a double-top pattern, suggesting a continuation of the downward trend. Given this scenario, we can seize the opportunity to capitalize on the trend by initiating a short position at the market price.
The GBPJPY is presently experiencing an upward trend and displaying bearish divergence, signalling a possibility of a reversal in the trend.
The GBPUSD is presently experiencing an upward trend and displaying a double-top pattern along with bearish divergence, signalling a robust possibility of a reversal in the trend.
The Flying Cement price is entring in upword direction.
The GBPJPY is currently fluctuating within a sideways trading range.