My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.4675 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4658 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
XAUUSD has shown a quick rally with the conflict between Iran and Israel where we now witness a selling identified with Iran's mocking over 99.99% defense against the attack launched by Israel yesterday. Somehow the yellow metal started to recover its pump and dump by retesting one more time above the $2400 level. Here I witness a potential downward shift with the...
My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.1315 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1376 Safe Stop Loss - 1.1279 About Used Indicators: The...
My dear friends, My technical analysis for GBPCAD is below: The market is trading on 1.7119 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7165 Recommended Stop Loss - 1.7094 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear subscribers, My technical analysis for USOIL is below: The price is coiling around a solid key level - 82.13 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 83.93 About Used Indicators: By the very nature of the supertrend...
My dear friends, My technical analysis for AUDJPY is below: The market is trading on 99.428 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 99.188 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0676 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0651 About Used Indicators: On the subsequent day,...
My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 164.86 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 164.12 About Used Indicators: Pivot points are a...
Hello everyone, starting from the London session, the context has shifted to long. The primary intraday target is yesterday's high, PDH. The scenario will be invalidated if the price solidifies below 1.06250.
19th April DXY: Possible retest of 106 support level, bounce to remain within 106 and 106.40 range. (If 106 broken, could trade down to 105.75) NZDUSD: Sell 0.5920 SL 25 TP 55 AUDUSD: Sell 0.6410 SL 20 TP 55 USDJPY: Sell 154.65 SL 20 TP 80 GBPUSD: Buy 1.2440 SL 25 TP 75 Or Sell 1.2470 SL 20 TP 45 EURUSD: Buy 1.0670 SL 20 TP 55 USDCHF: Sell 0.9055 SL 20 TP...
USD/CAD could rise toward a pivot that has been identified as a pullback resistance. Could this FX pair potentially stall around this level before pulling back towards the 1st support? Pivot: 1.3828 1st Support: 1.3753 1st Resistance: 1.3888 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
The Kiwi (NZD/USD) could make a bearish reaction through the pivot to potentially drop lower. Could the bearish momentum drive this FX pair towards the 1st support? Pivot: 0.5863 1st Support: 0.5779 1st Resistance: 0.5930 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 191.72 which is a pullback support that aligns with a 38.2% Fibonacci retracement level. Stop loss is at 191.25 which is a level that lies underneath the 50.0% Fibonacci retracement level. Take profit is at 192.71 which is a pullback...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6459 which is a pullback resistance that aligns close to a 23.6% Fibonacci retracement level. Stop loss is at 0.6503 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3738 which is a pullback support that aligns with a 38.2% Fibonacci retracement level. Stop loss is at 1.3715 which is a level that lies underneath an overlap support. Take profit is at 1.3807 which is a pullback resistance that aligns...
GBP/NZD is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2.1033 which is a pullback support. Stop loss is at 2.0983 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 2.1106 which is a pullback resistance that aligns close to a...
My dear followers, This is my opinion on the EURAUD next move: The asset is approaching an important pivot point 1.6565 Bias - Bearish Safe Stop Loss - 1.6600 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.6509 About Used Indicators: For...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2389.8 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2357.2 About Used Indicators: The pivot point itself is...