In daily timeframe, price is currently trapped in the sideways/accumulation ranging from 0.305 to 0.335 since April 2024 with a low volume. Price also is holding up well above both the MA 20 and Ma 50. A weekly bull candle already taken out the long wick bearish candle showing that the bullish momentum still intact for short term period. In lower timeframe H1,...
In daily timeframe, price is holding well above the MA 20 indicates the momentum still intact for short term period. In lower timeframe H1, we can see a reversal followed by a bullish continuation pattern and currently price is capped below the supply zone area of 0.515 to 0.525. To further validate the bullish movement, price to close above 0.515 in weekly...
Over the past six months, the Bursa Malaysia Technology Index has exhibited moderate performance, reflecting the global tech sector's fluctuating conditions. The index saw a notable uptick in the last quarter of 2023, driven by a rebound in semiconductor demand and increased investments in digital infrastructure. However, it faced headwinds in early 2024 due to...
Hello Traders ! After a Huge Bullish Move, The EURCAD Reached a Strong Resistance Level (1.47460 - 1.47800) and Failed To Break it ! At The Moment, The Higher Low is Broken (Change of Character). So, I Predict a Bearish Move📉 -------------- TARGET: 1.46665🎯
AU with the daily break of structure. Watch for the pull back or retest for the next bearish wave opportunity‼️
EU gave a solid break of structure here on the daily. Going in line with bullish DXY; watch for the pull back or retest for the next bearish wave down!
GU had a solid break of structure here on the daily. With the DXY also being bullish, I will be looking for a pull back to 1.2500 or a retest to catch the next bearish wave!
EU continued selling on the retest it gave last week and now just broke another key level of structure. Will be looking for another sell opportunity on the retest if we get it!
As We Talked in The Previous Analysis: The EURUSD Reached a Strong Resistance Level. Currently, The Higher Low is Broken (ChoCh). The Support Line is Broken. So, I Predict a Bearish Move 📉 I'm Waiting For Retest... --------- TARGET: 1.07670🎯
Hello Traders ! On The Daily Time Frame, The USOIL Price Formed an Ascending Triangle Pattern. So, Let's Expect The Bullish Scenario 📈 If The Market Breaks The Resistance Level (77.67 - 79.72) and Closes Above That, We Will See a Bullish Move... TARGET: 82.40🎯
FX:EURUSD A break below 1.08940 Daily support has simultaneously broken bullish structure on the 1h, 4h and daily timeframes changing my bias to a bearish bias. a retest back to the 1.08940 area as daily resistance and a 4h bearish engulfing candlestick is enough confluence/confirmation to short EURUSD.
FX:GBPCAD The weekly, 4h and 1h timeframes are bearish giving me a bearish bias. Price broke below 1.70666 4h/1h support area simultaneously breaking bullish structure of the 1h and 4h. I am waiting on a pullback to the 1.70666 area which will now be the resistance area to look for sells on gbpcad
Hi Traders ! The Gold Reached A Resistance Level (2095.436 - 2086.223), and Formed an Ascending Channel. Currently, The Channel is Broken. The Price Failed To Create a New Higher High. The Last Higher Low is Broken (ChoCh). So, I Predict a Bearish Move📉. ----------- TARGET: 2021.000🎯
FX:GBPUSD Price broke below 1.26229 daily support breaking bullish structure. Price made a pullback and retested as resistance around the resistance area of interest with a bearish engulfing candlestick being my entry confirmation. Take note, today is a fundamental day thus low risk should be used to avoid big losses in case price goes against my bearish bias...
Hello Traders ! On The Daily Time Frame, The EURUSD Price Reached A Strong Resistance Level (1.10356 - 1.10045). Currently, The Price Failed To Create a New Higher High. The Last Higher Low is Broken (ChoCh). So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 1.06750🎯
FX:GBPJPY Overall structure based on the weekly, daily, 4h and 1h, hence i have a bullish bias on GBPJPY. Price was countertrending and eventually broke and closed above 187.275 1H key support area and also broke countertrend structure and made a retest what is now 187.275 1h key support area. a bullish engulfing candlestick on the 30min and also a double bottom...
Hello Traders ! Today, The GBPUSD Price Reached A Resistance Level (1.24980 - 1.25484) Currently We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move📈 TARGET: 1.27000🎯 Bearish Scenario📉 If The Market Breaks Higher Low and Closes Below That I Will Sell On Retest... TARGET: 1.22260🎯