AUDNZD finally reached its support 1.0397/05. Now recovering to resistance -->former support 1.0445/50 followed by 1.0490/95. Ideally, Resell the rally either 1.0490 or 1.0530/45.
This AUDJPY seems to be forming a base with support 75.00/20. The quick move back up from the trendline and the 75.00/20 zone is promising. Let s see if we can move back above 76.20/35.
Retracement resistance at 108.90/00 has capped to avoid a base to see a sharp fall, with support next at 107.60/50 USDJPY failed to clear key resistance from the 38.2% retracement of the fall from April at 108.93, avoiding a small ‘head and shoulders’ base to see a sharp turn lower within the recent range. Support ...
the AUDUSD moved up yesterday following Powell comment. It will start to face resistance at 0.6990. USDYEN: 107.60 is key support on the short term. Support & Resistance are well defined on the chart.
Corn, weekly chart: 4 years long resistance zone + "Evening Star" candles pattern + Divergence on RSI(14) + "Shooting Star"/Pin bar candle pattern on monthly chart.
USD/JPY bid but holds under 109 ahead of Powell testimony • USD/JPY bid on Gotobi Tokyo fix demand, Asia 108.85 to 108.99 before fade • Offers ahead of 109.00 vacuumed but plenty more at 109.00, beyond • Some specs eyeing stops 109.00+ but Japanese exporters, option players await • USD 1.8 bln 109.00 option expires today, tomorrow 109.00-50 total 3.5 bln+ • US...
NZDUSD: double bottom ---> back on the trendline what now? 0.6653/58 key level.
has fallen sharply to challenge the 2018 low and medium-term uptrend from 2015 at 1.4766/60. A break below here would see a large top complete to mark an important change of trend lower with support then seen next at the 38.2% retracement of the entire 2012/2018 bull trend at 1.4616, with the long-term uptrend from 2012 and September 2017 low at 1.4442/41. The...
daily 4 hours 1 hour chart confirms our short bias and the downward movement is respecting the fib levels very high probability for a short trade
head and shoulders and daily and on 4 hours clear rejection of 61.8%. you can put your stoploss higher but I think it better to put the stoploss below the left shoulder wicks on daily
the second push to the upside as we still have room to hit weekly and monthly resistance
coming down from monthly too 4 hours everything is pointing toward a long position
expecting manipulations and pressure to fill up the gap and a good retracement for long position
just waiting for a retracement to confirm another wave moving up as we still have room to grow on eurousd to hit weekly resistance
expecting some manipulations so if the price doesnt hit until tuesday i will cancel the sell limit but generally a good supply zone you may wanna keep it
before reaching the grey Areas or breaking the trend lines there is no possible short entry as euro is getting stronger as a currency it self too, its quite risky to enter without confirmation but as the ladder shows, we are clearly seeing weakness in the on going uptrend
if we get a break out of this formation we can enter long or short depending on the broke side with 4 hours retest confirmation
any breakout and retest of the triangle formation withing the cross will be an indication of market movement