with given additional fundamental that US-Kim meeting was delivering bad result and China trade war is cooling down, i expect Commodity and safe haven will continue its rally Aussie, NZD, silver, gold still maintain to go up
EURGBP, D1: Reversal candle on D1-> Sell
What's good everyone? I'm trying something a little different these next few weeks. I'm only going to focus on UJ, EJ, and EU as my trading pairs to gain a solid understanding of these 3. So let's start with eveyone's bae, UJ! - Weekly Over the last couple of years price has been in forming a Bullish pennant pattern. Creating higher lows and finding resistance...
GBPCAD has been in a tight range since Aug of 2018 and finally cracked through the upside. Observe it on the daily it also has been making HLs and HHs as well. If we finish this week with the weekly candle above the 200 and above @1.74423, we can potentially see the bulls up and running on this pair and take it to 1.76570 as the next stop to be tested then maybe...
I think this upcoming week we are going to make new Lows on EURUSD or If 1.13000 hold firm then we could go back above 1.13500 region
The EURNZD is in a bearish channel coming off resistance. With high impact news both from both countries to support price movement. Expecting a break of this mini consolidation, down towards support level as denoted in blue rectangle. This support level has shown it can provide resistance to bearing price movement (see orange arrows). Stop loss is above previous...
EURUSD FALLING WEDGE REVERSAL PATTERN IS IT POSSIBLE FOR BUYING IN REVERSAL PATTERN WITH RSI DIVERGENT RESISTANCE AT 1.1300 STILL PLAY THE IMPORTANT ROLE FOR LONG IN BEARISH TREND
GBPAUD, Sell on H4. - Tendency: Downward - Below resistance - Bearish candle => Sell
Hey Traders, sorry have been away for a few days. Today, our analysis is on AUDCAD. This setup will take a few days, so be patient as I am posting this before the start of the trading week. AUDCAD has been in HEAVY CONSOLIDATION since the beginning of January 1st. 2018. I have marked off my Weekly Resistance Level at 0.95750. I have marked off my Weekly...
-H4 -STRONG RESISTANCE -CREATED LL -ABOVE STRONG SUPPORT -SELL SIGNAL
RDS.A, SHS pattern forming: Sell W1: - Tendency: Downward - Breakout support/ neckline - Below - SHS pattern forming => DOWN
USDCAD, Sell on H4. H4: - Tendency: Strong downward - Below resistance daily - Pullback, test resistance - Waiting signal=> Sell Prior analysis
4h Timeframe Shows Bullish Bias on this pair, If you find this analysis useful then Comment and LIke our Post. Thanks!
Good evening traders, as we observe this pair on the daily chart. we see it broke through the Monthly support and now I'm looking to re-enter when it pulls back to this and makes it the new resistance level.
Price formed a descending symmetrical triangle at the 38.2 Fib level and broke outta that pattern. Let's see if price can reach back to 0.28 level.