USJPY is trading in uptrend Bullish wave (a) ended at level 109.69 then corrective bearish wave (b) rejected after retesting corrective downtrendline corresponding to 61.8% Fibonacci level at 108.30 Pair is based above key level at 108.48 we r waiting price to exceed downtrendline and HVN at level 108.85 to open long trade It's expected forming bullish wave (c) to...
time for the major coins to really start to motor ahead.
Strong bullish wave (a) ended at level 1.4010 then corrective bearish wave (b) rejected from 61.8% Fibonacci level corresponding to HVN at level 1.3825 Above SMA 100 MACD shows weakness in bearish momentum RSI broke downtrendline It's expected forming bullish wave (c) to target level 1.4060
GBPUSD rebounded from supply zone at level 1.4000 with bearish movement MACD shows start of bearish momentum It's expected for coming correction to target first HVN at level 1.3890 then finally target demand zone at level 1.3810
AUDUSD is in uptrend Pair is based above key level at 0.7720 Price is based on HVN at level 0.7748 which indicates that pair is in accumulation phase Above SMA 100 It's expected forming bullish Elliot wave 5 to target resistance level at 0.7835
EUR/USD looks like a sell on rise Last week's close violated 1.1945, the 23.6% Fibo retracement level of Nov-Jan rally. Area around 1.1945 also acted as strong resistance in late August/early September 2020. More selling likely, albeit after a minor bounce. Risk assets could open higher, pushing USD down during Monday's Asian hours. President Biden's $1.9...
Trade with care. Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
USDJPY is in uptrend Pair is based above key level at 104.40 Price rejected from 50% Fibonacci level at 104.54 with bullish movement MACD shows bullish momentum It's expected to target resistance level at 105.75
EUR/USD has formed an inverse head and shoulder, broke through a major level, consolidated, rejected off the 38.2 fib level. What i am waiting now is for a retest and then I will hope on this trade. My bias for the dollar is short and for the euro is long as of now. Ill keep you guys updated!
Hi guys! 👋🏻 🔔 The US vaccination plan and restrictions implemented resulted in a decrease of the new active cases. 🔔 Johnson and Johnson reported that their vaccine is 72% effective against moderate and severe disease in the US, and 57% in South Africa. In South Africa, 95% of cases in the trial were due to a variant known as B.1.351, which is known to be more...
Strong bearish wave (a) ended at level 1.2052 then corrective bullish wave (b) rejected from key level at 1.2180 Pair is based below HVN at level 1.2157 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum Price broke corrective uptrendline we r waiting price to close below support level at 1.2105 to open short trade It's...
Daily Breakdown: 1. Raid of daily lows - followed by a break of daily market structure = QM fractal 2. Price retested daily order block (RTO) before dynamic bullish PA 3. I'm expecting daily high to be taken, then a potential push to 0.74000 fib extension level
USDJPY broke major downtrendline Price is based above key level at 103.40 Pair is based above HVN at level 103.68 which indicates pair is in accumulation phase MACD shows bullish momentum we r waiting price to exceed upper edge of wedge pattern to open long trade It's expected to target level 104.60
EURUSD retested broken downtrenline Above SMA 100 MACD shows start of bullish momentum we r waiting price to exceed resistance level at 1.2160 to open long trade It's expected to target HVN at level 1.2249
On EUR/NZD is nice to see strong buying reaction from the price 1.6947 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Buying activity + Strong...
It is currently not entirely clear in the USDCAD whether the downward movement in the form of the orange Y was completed or whether the yellow circled y was completed first. In the first scenario, the complete labeling would have to be set to a higher degree. To make the first scenario recognizable, I have drawn in here with Alt. In any case, the dollar should...
Hi guys! 👋🏻 🔔 Trump wants to increase the amount of these taxable checks for the Americans. Asides from the $892 billion stimulus checks, the $1.4 trillion in federal spending which is part of the Stimulus bill is also waiting for it’s approval. Donald Trump on his official Twitter account stated that the bill proposed by the Congress is a disgrace and is only...