dollars

Looking at this chart on the 4 hour or 1 hour you would think of going short but PRICE ACTION IS KEY! If you look at the bigger picture a bullish hammer has formed on the weekly and daily. This tells me that the bulls are in this market and ready to push this pair up higher. A pullback is possible but not lower than last weeks lows. Another factor for me being...

Technical analysis: . RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...

Trading suggestion: . There is a possibility of temporary retracement to resistance support line (1280.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of downtrend is expected. . Price is below WEMA21, if price rises more, this line can act as...

Technical analysis: . NEO/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 79. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (13.6650 to 10.0338). if so, traders can set orders based on Price Action and...

I had this trend line drawn up since March and it has now been broken. A retest of this line and rejection can be seen,with a bearish pattern forming on the lower TF's. Trade safe and good luck!

We have a retest of our descendent daily trend line, a double top in our key PRZ zone. Also sat at the 112.000 level which is a key level.

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.129. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1325. TP4: R2=1.1345. Set the stoploss of these orders at breakout of S2=1.128. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

Here we have a small ascending channel marked by the red trend lines inside a much larger ascending change channel marked in the the blue lines. We have had two touches on the upper trend line on the large ascending channel marked out by the blue circles and we have two touches on the upper trend line on the smaller ascending channel marked by the red circles....

Technical analysis: . GameCredits/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.1260 to 0.1073). if so, traders can set orders based on Price Action...

After completing the Elliot Waves, the pair shifted in momentum and is currently in a downtrend. We can see an inverse H&S getting formed and we can capitalize in the formation of the right shoulder as shown in the chart.

Technical analysis: . STELLAR/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 69. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.11789000 to 0.09560000). if so, traders can set orders based on Price...

Our team have identified that institutional money is flowing into this pair with a BULLISH momentum. Our team has spotted that: -Institutions are manipulating price both to the downside and upside in the region of 1.57811 -This has caused the retail trader to trade in both directions and getting stopped out with heavy losses. -This has also caused the advanced...

As you can see this pair is in a downtrend and a move to the downside is expected. If the trendline breaks I will be leaving this trade. Trade safe and good luck!

As you can see above, i have found a wedge pattern forming on the graph which has successfully broken out and even retested the resistance which has turned into a support. i believe that from my entry the pair is likely to retrace to .99288 and then once again bounce as this seems to be a fairly strong resistance in the past; this would also match the relationship...

USD/CAD eases from 2-week tops. But This pair still struggling around 1.3420, below is support line 1.3390 and then to the March 13 and 15 high near 1.3370. Weakness below the 1.3400 mark could get easily extended towards the 1.3370-65 intermediate support en-route the 1.3335-30 region. Also we are expecting Dxy to go short. But wait for further confirmation...

During Friday’s trading session, the yellow metal was supported by the 55-hour simple moving average to end the day at 1,310.00. On Monday morning, the rate was retraced by the upper boundary of the medium pattern to allocate the rate at the 1,317.28 mark. In regards to the near-term future, most likely, the rate will break the resistance of the medium pattern...

During Friday’s trading session, the currency exchange rate ended the day at the 110.00 level, as it was expected! On Monday morning, the rate was located at the 110.17 mark. It is expected that the rate will depreciate towards the 50.00% Fibonacci retracement level at the 109.60 mark. Besides, the resistance level of the 55-hour simple moving average will...