My dear friends, My technical analysis for EURAUD is below: The market is trading on 1.6563 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.6508 Recommended Stop Loss - 1.6592 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear subscribers, EURNZD looks like it will make a good move, and here are the details: The market is trading on 1.7586 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.7527 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6479 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6530 Safe Stop Loss - 1.6448 About Used Indicators: The...
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9390 Bias - Bearish Safe Stop Loss - 1.9421 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.9327 About Used Indicators: For...
– Monday Daily candle closed Bearish forming Daily Resistance at 2035.300. I’ll be looking for potential Buys above 2035.200 targeting 1h Resistance at 2041.000 and Weekly Resistance formed around 2049.200. I’ll be looking for potential Sells below 2026.800 targeting 1h previous Support formed at 2020.700 and 4h Support around 2015.700. High Impact News ahead of...
– Monday Daily candle closed Bullish filling the previous Weekly High. I’ll be looking for potential Buys above 191.330 targeting previous Weekly Support formed on 27th July 2015 around 191.840 and previous Daily Support formed on 10th August 2015 around 192.350. I’ll be looking for potential Sells below 190.900 targeting 4h Support formed at 190.450 and 1h Strong...
My dear subscribers, USDJPY looks like it will make a good move, and here are the details: The market is trading on 150.42 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 150.59 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
My dear subscribers, This is my opinion on the EURGBP next move: The instrument tests an important psychological level 0.8533 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8550 About Used Indicators: On the subsequent day,...
My dear friends, NATGAS looks like it will make a good move, and here are the details: The market is trading on 1.582 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.638 About Used Indicators: Pivot points are a great...
The pair is trading in a strong trend the overall trend suggest a likley breakout to take place and led it towards 106.30 and 106.90 mark as long as 104.50-104.40 holds on the lower side
The U.S. Dollar Index (USDX) is a relative measure of the U.S. dollars (USD) strength against a basket of six currencies, including the Euro, Pound, Yen, Canadian Dollar, Swedish Korner, and Swiss Franc. The index was created in 1973, but remains useful to this day. The DXY pair is trading with bearish tone and is expected to head lower towards 103.25 and...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 150.354 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 150.128 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 0.87842 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.87423 Why we like it: There is a swing-low support level Take Profit: 0.88361 Why we like it: There is a...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.08298 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level Stop Loss: 1.08395 Why we like it: There is a pullback resistance that sits above the 38.2% Fibonacci...
The Pound (GBP/USD) has just reacted off a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 1.26567 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 1.26372 Why we like it: There is an overlap support that sits under the 61.8% Fibonacci...
– Previous Weekly candle closed strong Bullish around 2035.400 forming Weekly Support around 2013.200, Friday Daily candle closed Bullish within Daily Resistance formed back on Wednesday 7th February this year. I’ll be looking for potential Buys above 2041.700 targeting previous 1h Support formed on 1st February at 2046.200 and previous 4h Range formed around...
– Previous Weekly candle closed strong Bullish at 190.650 , Friday Daily candle closed weak Bullish leaving a Rejection wick to the upside. I’ll be looking for potential Buys above 190.840 anticipating for price to fill the previous Weekly High at 191.140 and previous Daily Support formed on 28th July 2015 around 191.460. I’ll be looking for potential Sells below...
My dear friends, Please, find my technical outlook for GBPCHF below: The instrument tests an important psychological level 1.1164 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 - 1.1089 Recommended Stop Loss - 1.1203 About Used...