KudaChenjerai

KudaChenjerai

usdcad has tested the monthly demand 3 times and we might expect a breakout as price is in a triangle ,however a break to the downside of monthly demand maybe expected if confidence in federal reserve stimulus deteriorates we wait for a breakout to the upside and place a buy stop limit

KudaChenjerai

gbpusd may go short as it touch monthly resistance the elliot wave shows a 5 wave count and the ABC pattern may fall below resistance the elliot wave shows loss of buyers momentum a sell stop limit can be placed below resistance level

KudaChenjerai

A long trade is expected as price touch monthly demand high volatility is expected after jerome powell speech at 10AM eastern standard time however if price break demand to the downward side selling is expected

KudaChenjerai

crude oil is expected to rise in price A bullish triangle indicate an opportunity for buyers momentum price has rejected price @24.00 and its a good area to put buy stop limit price is expected to rise if The OPEC meeting results are positive cheers

KudaChenjerai

A breakout from the triangle indicate bullish momentum however a monthly consolidation is still holding after a deviation or fake breakout currently price is consolidating at resistance levels and short sell is expected before a long trade a short might be a sign of bullish momentum as buyers will be accumulated an entry is placed above resistance after a...

KudaChenjerai

crude oil is bound to rise as it touch a 20 years support China is ready to start buying crude oil barrels as oil cheapens place buy orders as soon as more buying momentum is identified buying momentum can be identified with a rounded bottom ,triangles in an uptrend use your own risk management wisely

KudaChenjerai

The US economy is being affected by COVID 19 l have identified a sell opportunity at price @1.41350 As we have already started selling at supply level however there is a great opportunity to start selling at rallies as prices are being discounted

KudaChenjerai

gbpusd is in the bullish market as bullish sentiment was identified by a rounded bottom a triangle formation in an uptrend indicates a possible breakout to the upside hence a buy stop limit order can be placed outside the triangle or at the support area The arrows indicate a long roadmap however a pullback is expected at the support area or outside the...

KudaChenjerai

bitcoin is losing momentum at around price of $6450 and the accumulation is soon ending as strong wicks are rejecting the resistance level l have put 3 targets for a sell order however bitcoin is expected to move higher after it hits support level

KudaChenjerai

eurusd has made a good pullback upto demand level and prices are expected to touch target 1 and 2 within a day A buy stop limit is placed at 1.10834 since the pullback is still in action we wait for a loss of momentum at support such as price rejections then we place a buy order

KudaChenjerai

bitcoin may go short after formation of small triangle inside big triangle A breakout is expected on the big triangle and a sell is forecasted to reach demand bitcoin is still in the buyers market however a breakout below demand increases sellers confidence

KudaChenjerai

S&P 500 IS showing signs of bullish momentum The rounded bottom indicates that there is bullish momentum A 2 trillion investment in the US economy has led to bullish momentum however will the bullish phase last as COVID 19 continue Since the stock has visited the main important supply zone,price is expected to cross the supply zone This will give buyers to...

KudaChenjerai

btcusd is looking towards higher high as white house $6 trillion stimulus package is astronomical bullish for bitcoin Buying at demand was the real deal on this signal

KudaChenjerai

The fed announcement for asset purchase led to the rebound of the Eurusd at demand levels The eurusd is expexted to move a few pips higher if the buyers confidence last long however the covid 19 pandemic is still on the run and the markets such as bitcoin are uncertain

KudaChenjerai

fundamental analysis Eurusd is on a downward move due to Corona virus death tolls however there has been an upmove on past two days due BOE massive 800 billion expected investment on the market and boris johnson positive speech this week and the investment might be the game changer for bulls to come in the market Technical analysis The pair is forming a...

KudaChenjerai

Eur/usd has been identified as bearish and may still continue falling due to COVID 19 Its best to sell at supply and take profit at nearest demand

KudaChenjerai

Bitcoin has been selling for weeks Now it is touching monthly lows The coronavirus may still continue to affect bitcoin and may still continue selling For the mean time bitcoin will sell at current price until it touches the monthly lows/demand

KudaChenjerai

SELL XAU/USD AT PULLBACK BUY AT DEMAND