USD/JPY could rise towards an overlap resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 149.931 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 150.172 Why we like it: There is a pullback resistance that sits above the 38.2% Fibonacci retracement...
The Euro (EUR/USD) could fall towards a potential breakout level and fall lower towards our take-profit target. Entry: 1.08278 Why we like it: There is a potential breakout level (price is exhibiting a potential descending triangle pattern which is typically bearish) Stop Loss: 1.08459 Why we like it: There is a pullback resistance level Take Profit:...
– Wednesday Daily candle closed Bullish within recent Daily Range as price continue to consolidate. I’ll be looking for potential Buys above 2038.100 targeting previous Weekly Support formed on 8th January 2024 around 2045.400 and 1h previous Support formed on 2nd February 2024 around 2052.500. I’ll be looking for potential Sells below 2030.300 targeting Daily...
– Wednesday Daily candle closed weak Bearish as price continues to consolidate within the 4h timeframe. I’ll be looking for potential Buys above 190.970 targeting 4h Resistance at 191.310 and previous Weekly Support formed on 22nd July 2015 around 191.840. I’ll be looking for potential Sells below 190.310 targeting 1h Strong Support around 189.940 and previous 4h...
My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 111.01 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 - 111.44 My Stop Loss - 110.73 About Used Indicators: On...
My dear friends, Please, find my technical outlook for AUDJPY below: The price is coiling around a solid key level - 97.891 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 98.312 About Used Indicators: The pivot point itself is...
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2683 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.2667 About Used Indicators: By the very nature of the...
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0842 pivot level. Bias - Bearish My Stop Loss - 1.0875 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0778 About Used Indicators: The average true range ATR plays an important...
My dear followers, This is my opinion on the USDJPY next move: The asset is approaching an important pivot point 150.25 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 - 150.41 About Used Indicators: For more efficient signals,...
– Tuesday Daily candle close weak Bearish rejecting the upside and respecting recent Daily Resistance. I’ll be looking for potential Buys above 2038.100 targeting previous Weekly Support formed on 8th January 2024 around 2045.400 and 1h previous Support formed on 2nd February 2024 around 2052.500. I’ll be looking for potential Sells below 2027.500 targeting 1h...
– Tuesday Daily candle closed weak Bearish forming Daily Resistance around 191.120. I’ll be looking for potential Buys above 191.300 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 190.450 targeting 1h Strong Support formed at...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2034.9 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2020.8 Safe Stop Loss - 2041.9 About Used Indicators: The...
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...