Elhadi_Bouazizi

Elhadi_Bouazizi

On the 4-hour chart, we can see the price of Ethereum (ETH) has been moving within a sideways price channel (green rectangle) since the end of last April. Additionally, there is a slightly upward channel (yellow color) formed within the larger channel. First and foremost, it is crucial to mention that the price of Ethereum (ETH) during the specified timeframe...

Elhadi_Bouazizi

Bitcoin (BTC) is currently exhibiting a medium-term downward price channel, characterized by a series of descending movements. The initial descent occurred following the legal controversy involving Binance. However, the price managed to break through a significant resistance level at $26,100. Despite this breakthrough, the price quickly retraced and resumed...

Elhadi_Bouazizi

Gold prices fell slightly yesterday, Wednesday, after the release of data and statements of the US Federal Reserve, which were highly anticipated, and which came mostly according to expectations, and did not cause any strong tremors in the market. The conclusion is that the US Federal Reserve will soon start reducing the size of the quantitative easing program...

Elhadi_Bouazizi

Technically, the price at the time of writing this report, the price of gold is trading at 1765, below the descending trend line that returned to trade below it, and also the resistance level 1774. Returning above the trend line and the resistance level 1782, is an essential condition and a signal for more upside. It is important to note that the price closed...

Elhadi_Bouazizi

Gold prices declined yesterday, while still respecting the technical levels that were clarified in the previous analysis. The price is now testing the support level 1782, which it failed to break during 6 previous attempts, as shown in the graph. On the 1h chart, we notice the beginning of a reversal doji candlestick formation. Accordingly, the price is likely...

Elhadi_Bouazizi

On the chart 4h, after the strong rise that occurred yesterday, the price closed below the resistance level 1805 formed by the SMA 100 and the upper border of the descending channel. Before that, the price touched the ascending trend line and the resistance level 1807, which it was trading around in the past weeks. At the moment technically selling from the...

Elhadi_Bouazizi

Resistance level 129.05: 100 MA 4h chart downtrend SELL: 129.00 TP 1: 128.25 TP 2 : 128.04 SL : 129.40

Elhadi_Bouazizi

We Have: Downtrend 200 MA 50% fibo Resistance level all at 1.1730 - 1.1735

Elhadi_Bouazizi

Technically the price has been moving in a sideways between 1795-1765 for two weeks. The daily bearish wave failed to breach the pivotal support level 1760 and the price closed above the moving average 100 on the 4-hour chart. However, it succeeded in breaking the lower boundary of the descending price channel. We also notice the formation of a head and...

Elhadi_Bouazizi

Resistance level 0,8738, Fibonacci retracement of 38,2 Sell: 0,8735 Stop loss: 0,8755 TP: 0.8700

Elhadi_Bouazizi

Good opportunity to sell, unless any news about the fiscal stimulus comes out.

Elhadi_Bouazizi

The price is testing a support level at 0.9158: 200 MA at 0.9153 downtrend Fibo 38.2 at 0.9162 Target: 0.9100

Elhadi_Bouazizi

The price of the Australian Japanese Yen (AUDJPY) rose today, breaching the strong resistance level 76.70, the price has been trading below this level since May of last year. At the time of writing this analysis, the price is trading at 76.95, the breach has not been confirmed yet with the closing of the 4-hour candle and a re-test of the 76.70 level. buy from...

Elhadi_Bouazizi

The price is now moving in a sideways range confined between 107.76 - 107.35, which represent Fibonacci levels 23.6% and 38.2%, respectively. if the break the support level 107.35 and close below? that will be a signal for more moving down toward 106.86 . The breach of the resistance level, 107.76, is required to rise towards f 108.15.

Elhadi_Bouazizi

The price is moving in a falling channel on the 4 hour chart. Today, the price tested the upper limit of this bearish channel before returning and bouncing down. On the 1 hour chart, we notice the beginning of the reversal pattern double tops with the neckline at 1,2451. The breach of this level and the closing below it is a condition for further decline...

Elhadi_Bouazizi

Last week, the pair traded in a cross band between the levels of 1.12 and 1.13 within the falling channel, as shown on the graph. This sideways move of the pair perfectly reflects the psychological state of the hesitant market between fear and optimism about the economy and the Corona virus As the price moves in a cross-band, the best strategy is to capture buy...

Elhadi_Bouazizi

BUY: 120.70 TP1: 121.40 TP2: 121.95 SL: 120.20

Elhadi_Bouazizi

sell : 1.1258 sl: 1.1305 tp1 : 1.1210 tp2: 1.1170 tp3: 1.10