Confiding for price breakout . Buy above : 136.243 Sell below : 136.020
Anticipate for price breakout . Buy above : 0.93830 Sell below : 0.93490
Hoping for price breakout. Buy above : 1.49831 Sell below : 1.49387
Confiding for price breakout. Buy above : 1.51270 Sell below : 1.50826
Anticipate for price breakout. Buy above : 1.12340 Sell below : 1.11789
Expect for price breakout. Buy above : 0.73168 Sell below : 0.73030
Anticipate for price breakout . Buy above : 0.63200 Sell below : 0.62990
Again everything in line with all the intraday pairs today and the eurusd is no different. Downtrend broken and now expecting bullish momentum. Price target 1.0940
After consolidating for the last couple of months USDCHF has recently broken away from the descending trendline last week which it did re-test and now moving higher (highlighted by the 2 yellow boxes). Should price crack the thing yellow box at around .9500, I'm anticipating price to move to the target area of around 0.9700. The CR levels are also provided above also.
The Monthly n Weekly charts are showing bullish momentum as they're both bouncing off support levels to a possible uptrend. This is also confirmed in the Daily where I'm showing you the analysis which also shows the projection of both the target the CR levels above.
The Correlation between the EURUSD and USDCAD is -95%, this shows us that we can create a hedging strategy between the two pairs for major profits. The fundamentals in the European economy are as bad as can be as the dollar gains strength. this trend will continue as they cross
There is a hanging man candlestick pattern on EUR/USD followed by a bearish bar. This could cause the price to decline from here, in today's New York session. The long term trend is still bearish as the short term moving averages (10 and 20 period) stay below the long term moving averages (50,100 and 200 period). The Tenken-sen and Kijun-sen started to diverge...
There’s a bearish pin bar candlestick pattern in the making on EUR/CHF at the 1.2115 resistance level. This pin bar candlestick pattern also pierced through the upper end of the bollinger band and snaps back quickly. The long term trend is still bearish as all the short term moving averages are still below the 200 period long term moving average. The current...
AUD/USD formed a false break of the inside bar candlestick pattern and the false break candle itself is pin bar candlestick pattern which adds odds to the short sellers in this market. This bearish candlestick pattern was formed at the tenken-sen and the 10 period moving average as well as near the middle band of the bollinger band. The trend is still bearish as...
There's a pin bar candlestick pattern followed by a cluster of inside bar candlestick patterns printed on the EUR/USD chart. This combination of bearish candlestick patterns may lead the price lower in today's New York session. Note that when the pin bar candlestick pattern was formed, the Commodity Channel Index (CCI) was showing a overbought situation which adds...
EUR/JPY is still in a strong up trend as the Tenken-sen is still above the Kijun-sen and the short term moving averages (10 and 20 periods) remain firmly above the long term moving averages (50, 100 and 200 periods). There has been a pin bar candlestick pattern earlier today as well as a inside bar candlestick pattern which formed right at the Tenken-sen and 10...
USD/CAD surged after the break of the inside bar candlestick pattern that we covered yesterday. The breakout of the inside bar candlestick pattern lead the price to break the 1.1015 resistance level. Note that the inside bar candlestick pattern was coupled with the Stochastic and Commodity Channel Index (CCI) showing the price is oversold which adds strength for...