Hy dear Members hope you all are enjoying our ideas and Analysis. Now we are here to discuss about US30.
That is at the top of Channel. Here it will decide where to move. If it Breaks this level it will touch the Price level 31.8k
And if it get rejection here it will touch the Price level 30.2k
Keep in touch we will update Further soon.
New pair on the analysis page!
We've seen a long term uptrend on the pair. Price currently trading in a range with price failing to make new highs (aside from the fakeout). Will see more bears enter the market during next week.
Many AUD pairs at the top of their respective ranges including AUD/JPY - see our previous analysis on the pair!
After the high optimism, AUDCHF maybe ready for a bear move. Needs to rally up to test the high at 0.69113.
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
From the chart shown, the blue line at the top is a trend line from the 2 previous highest points on the daily chart, price is currently on an upward trend/motion heading towards that overall trend line. The supply zone between 67.2 - 67.4 has broken through which now turns to a demand zone, from looking at the stoch indicator we see the lines cross over...