My dear subscribers, My technical analysis for SILVER is below: The price is coiling around a solid key level - 22.233 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 22.514 My Stop Loss - 22.032 About Used Indicators: By the very...
The Pound (GBP/USD) has just reacted off a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.26196 Why we like it: There is a pullback resistance level Stop Loss: 1.26436 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Take Profit:...
The Euro (EUR/USD) is trading close to an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.07826 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.08168 Why we like it: There is a pullback resistance that lies above the 50.0%...
– Thursday Daily candle is 2nd Daily candle closing Doji Bearish for this week, leaving 140 pip rejection wick to the downside as price retrace back into recent 4h Consolidation Zone. I’ll be looking for potential Buys above 2039.000 targeting 4h Rejection formed on Wednesday during New York Stock Exchange session (2044.800) and 1h previous Support formed on...
– Thursday Daily candle closed strong Bullish breaking above recent Daily Range (Consolidation), Respecting Daily Support formed on Wednesday. I’ll be looking for potential Buys above 188.490 targeting 4h Resistance (188.790) and previous Weekly Support formed on 13th July 2015 around (189.320). I’ll be looking for potential Sells below 187.940 targeting 4h...
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
My dear followers, I analysed this chart on USDJPY and concluded the following: The market is trading on 149.29 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 147.83 Safe Stop Loss - 149.76 About Used Indicators: A super-trend indicator is plotted on either above or...
My dear friends, Please, find my technical outlook for EURJPY below: The instrument tests an important psychological level 160.57 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 - 159.64 About Used Indicators: Super-trend indicator...
My dear friends, APPLE looks like it will make a good move, and here are the details: The market is trading on 185.84 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 - 191.12 Recommended Stop Loss - 183.07 About Used...
My dear friends, Please, find my technical outlook for USDCAD below: The price is coiling around a solid key level - 1.3526 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.3448 Safe Stop Loss - 1.3573 About Used Indicators: The...
USD/CAD is falling towards a pullback support and could potentially break under this level to fall towards our take-profit target. Entry: 1.34531 Why we like it: There is a potential breakout level Stop Loss: 1.35052 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Take Profit: 1.33693 Why we like...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 0.87101 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 0.86706 Why we like it: There is a pullback support that lies underneath the 38.2% Fibonacci retracement...
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 170.195 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 169.906 Why we like it: There is a pullback support that lies underneath the 38.2% Fibonacci retracement...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 160.289 Why we like it: There is a pullback support level Stop Loss: 159.853 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Take Profit: 160.929 Why we like it: There is...
Feb 8th DXY: Consolidating, break below 104, could test 103.75 to 103.55 area NZDUSD: Buy 0.6125 SL 20 TP 50 AUDUSD: Test and reject of trendline, Sell 0.6555 SL 20 TP 85 USDJPY: Buy 148.90 SL 30 TP 70 GBPUSD: Possible Straddle, Buy 1.2665 SL 30 TP 100 or Sell 1.26 SL 25 TP 80 EURUSD: Sell 1.0770 SL 25 TP 45 USDCHF: Sell 0.8710 SL 20 TP 60 USDCAD:...
– Wednesday Daily candle closed Doji Bearish around 2035.000 rejecting 2045 area on Daily timeframe, I’ll be looking for potential Buys above 2042.500 targeting Weekly Resistance (2049.200) and Daily Resistance (2055.200). I’ll be looking for potential Sells below 2030.700 targeting Daily Support (2025.000) and Weekly Support (2018.500). Overall price ranged on...
– Wednesday Daily candle closed Bullish forming Daily Support at 186.300 but price have ranged on the hourly timeframe. I’ll be looking for potential Buys above 187.220 targeting two 4h Supports levels (187.500) and (187.880). I’ll be looking for potential Sells below 186.690 targeting Wednesday Daily Support (186.300) and 1h previous Resistance formed on 1st...
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0770 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 - 1.0841 Recommended Stop Loss - 1.0730 About Used...