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The GBPUSD weakness can be seen in the region of 1.2965-55 while six-week-old downward trend lines, which can question the pairs immediately. As a result, immediate resistances become brighter for the pair to pullback to 1.3015 and 1.3045. In the event that the quote is daily closing rallies beyond 1.3055 trend-line resistance, the following are likely to be...
The USDCAD pair is still forming symmetrical triangles, six weeks old, which signal the pair's sideways momentum, although they are witnessing pullbacks late. Currently, 1.3340 and 1.3300 can support the pair immediately before the lower line is close to 1.3270 sellers of grab. If the quote falls below 1,3270, 1.3230 and 1.3200, it may become the favorites of the...
Hello traders, In a 4hr time-frame, CADCHF fighting each other to show who got the perfect strength-its one on one. An impulse from 0.74120 clearing the way to the top-the straight candles holding their breath to catch-up the 0.75626. Moreover, technical data offers a chance for profit on buy trade. Green candles directly target the 0.75626, let's check Canadian...
Hello traders, EURUSD ticking to support sellers in the long term Investment. In a weekly basis, EURUSD falling beneath with a small throwback twist. In the long term, sellers could make some solid profits. The 1.12000, 1.11000 & 1.10500 are all the possible points would get marked. As I Mentioned, throwback action may reverse the market to equalize the invaders...
Hello traders, With the 82.40-55 resistance-region aptly restricting CADJPY's upside, the pair is likely declining towards 80.65-55 support-zone, breaking which 80.00 may get market attention. If prices continue to trade southwards past 80.00, the 79.60, 79.00 and 78.20 can entertain Bears with a mark of 77.15 before they please them. Meanwhile, an upside...
Hi all, Each pair in Forex market is unique. Every thing will move under a certain factors. CHFJPY pair just started to moving in a expected direction. Currently, market hanging at a major resistance (shown in graph).Wherever the market hit resistance, it use to fall down. we could evident it, without doubt. In chart, the middle line stands for resistance....
USDJPY - Long above 109,25 with target 109,70
The Situation H1 :- - 5 Day MA (Moving Average - Green) crosses 10 Day MA (Yellow) - Bull (see first thumbs up) - 5 & 10 Day MA cross 50 Day MA (Red) - Bull (see second thumbs up) - See Top Fib level for swing price action, predictive indicators below; 1) As long as 50 Day MA stays below 5 & 10 Day MAs - Bull/ Level Broken Higher Highs 2) If 5...
The DXY has broken 92.59 support level and retested it. The trend line has resisted the price from moving further up after US was released today. Are we looking for new Lower Lows?
HISTORY WILL CONTINUE TO REPEAT ITSELF IN EVERY ASPECT OF LIFE UNTIL WE BEGIN TO EXPECT IT. FOR SOME REASON, WE HAVE YET TO LEARN OUR LESSON IN THE TECH SECTOR. THIS CHART PROVIDES TWO OF THE GREATEST TECH PUMP AND DUMPS IN THE HISTORY OF TECH STOCKS, NORTEL NETWORKS AND BLACKBERRY. IN THEIR PRIME, THESE COMPANIES WERE KNOWN TO BE THE HOTTEST COMPANIES IN TECH....