USDJPY is hinting at a momentum swing. The overall trend is still up however price has not been making any new higher highs on the daily, In fact, volatility at the high forms a bearish reversal signal. I believe price is pulling back intraday bullish, but this push isn't very strong. Another daily rejection at the high will trigger a short setup for me.
XAUUSD has moved rapidly downwards yesterday after 17:00 (GMT+3) when the USD appreciated greatly. It has not yet fully retraced to the expected 61.8 FE level after finding significant support. As indicated on the chart, breaking the resistance is essential for a confirmation of a further retracement back to the 30-period MA....
Dollar Index Has taken a resistance over H1 Resistance and heading downwards now we have a 1:2 R:R which seems to be accomplished as Dxy made a move downwards it has given a marubozu candle near H1 resistance both the confluances made us think that the currency have downwards rally
H4 - Bearish trend pattern. Lower lows. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
H4 - Bearish divergence. Lower lows. No opposite signs. H1 - Bearish trend pattern. Until the two strong resistance zones hold my short term view remains bearish here.
As of the US market open a moment ago, Bitcoin is seeing a major pump, alongside the stock markets. This pump is obviously great for bulls, but it remains to be seen if the bulls will actually carry through this time. As seen on the chart, BTC has been bouncing off the purple resistance for over a week at this point. My best guess would be that this resistance...
H4 - Bearish divergence. Most recent uptrend line breakout. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
D1 - Bearish convergence followed by a pullback, Bearish hidden divergence. Price is bouncing lower from a strong resistance zone. No opposite signs. H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
The EURUSD demonstrates a clear bullish trend based on the current market conditions. As a result, trend traders may seek to capitalize on potential buying opportunities at the support level of 1.0967. Conversely, counter-trend traders may be interested in shorting the currency pair at the resistance level of 1.1035-1.1044 while placing initial stop-loss orders...
H4 - Price is bouncing lower from a strong resistance zone. Bearish divergence. Uptrend line breakout. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Bitcoin has been on a tear in Q1 rising 70% in the first three months of the year. Price is now approaching two major resistances near 30k. The horizontal resistance and there is the diagonal from April 2021...two years ago. I expect BTC to tag 30k before correcting down to the 25k range break. Price action there will determine whether this is a bull market or...
Left chart – daily chart / 1 year • Resistance from the gap formed ending October 2022 at 103.96/109.77 • Support from the gap formed beginning November 2022 at 89.47/91.65 • Stock is trading between the support and resistance gaps in a sideways trend • Decreasing volume in the last days Right chart – weekly chart / 5 years • Downtrend since mid-November...
Just a simple chart analyst. It looks like FCPO is making a rejection against the trendline and RBS (Support Become Resistance)
USDT Dominance is currently at a level of strong longer term trend SUPPORT (i.e. market resistance level). Red circles represent contact with the current trend support which signals the selling of USDT (i.e. buys in the crypto market), with a current double bottom shown. Green circles represent the current trend resistance hits and USDT sell-offs (crypto...
We are doing analaysis at support and resistance level and put pending orders of sell stop and buy stop in both levels further details mention below about how to execute orders in MT4 Buy Stop Order Entry Price:1.38503 Stop Loss:1.38154 Tp1:1.38852 Tp2:1.39201 Risk Reward 1:1 Overall Risk 2% Sell Stop Order Entry Price :1.36507 Stop...
We are doing analaysis at support and resistance level and put pending orders of sell stop and buy stop in both levels further details mention below about how to execute orders in MT4 1...Buy Stop Order Entry Price:0.91773 Stop Loss:0.91671 Tp1:0.91875 Tp2:0.91997 Risk Reward 1:1 Overall Risk 2% 2...Sell Stop Order Entry Price :0.90861 Stop...
- ON is in a rising trend channel in the medium long term. - This signals increasing optimism among investors and indicates continued rise. - ON is testing support at 75. - This could give a positive reaction, but a downward breakthrough of 75 means a negative signal. - The stock is assessed as technically positive for the medium long term.
USOIL-USD is moving sideways in a non-trending market. In this technical analysis , two trade plans are suggested in case of bullish or bearish movement of this commodity instrument over one hour time frame. Both Long and Short Trade plans are generated from the various Support and Resistance Levels of USOIL-USD pair.