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Prediction - Short:
- Resistance @ (Top)1.858
- Support @ (Bot) 1.838
Why: We're near the high for the month but not nearly as close to the previous years high. Divergence on the higher timeframes and near resistance level.
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Prediction - Long:
- Support @ (Bot) 1.838
- Resistance @ (Top) 1.858
Why: For a long position, it'd be a...
AUD is showing us bullish movements and here are a few things I see:
Low
Shown on higher timeframe and current
RSI Oversold
Most see this as an indication of price being bullish
Potental Support
As seen at the current wicks
Below EMA
Which can be seen as a potential for price to "re-test"/"bounce"
Summary:
We are counter trading the market,...
This pair is showing us bullish movements and here are a few things I see:
Higher Low
Shown on higher timeframe
RSI Oversold
Most see this as an indication of price being bullish
Support
As seen at the current low, wicks, and candlesticks
Candlestick Patterns
Bullish Engulfing are being shown/attempted
Summary:
Price might face some resistance...
This pair is showing us bullish movements and here are a few things I see:
Higher Highs
Shown on higher and this timeframe
RSI Oversold
Most see this as an indication of price being bullish
Support
As seen at the current low, wicks, and candlesticks
Candlestick Patterns
Bullish Engulfing are being shown
Summary:
Price is finding support...
The YEN is showing us bearish movements and here are a few things I see:
Higher Lows
- Shown on higher and this timeframe
RSI Overbought
- Most see this as an indication of price being bearish
RVI Crossing Down
- Possible reverse of trend
Resistance
- As seen at the current high, wicks, and candlesticks
Candlestick Patterns
- Bearish Engulfing are...