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euhl

Looking at the chart on 02 March 2022, it can be seen that EURNZD has had its fall from grace and has low chance of recovering, especially with the hike in oil prices and a fresh outlook to Ukraine vs Russia. However taking in technical indicators as such the RSI, it can be seen that it has recently went into the major overbought zone. Also price has reached a...

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Due to the past few weeks being very hard on stock markets because of rising oil prises, it can also be seen that most markets have already (maybe) started with their recovery, these markets include most American Indexes (US500, NASDAQ, and others). However European and Asian markets has been held back for the past few days and finally they may seem some...

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USDCHF has recently formed a descending channel and has found support around 0.91549 - 0.91445. After retesting these support lines, a major bullish candle has formed on the 4H which signals a bullish reversal. The candle patterns also shows a strong bullish engulfing. Any thoughts?

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Looking at the 2 Hour 200 period EMA, it can be seen that it has formed a rising channel. In expectation of that, there are 2 possible outcomes, either the EMA will respect the current EMA pivot (in yellow) and price would become bearish or, PA would continue bullish and the EMA would create a new pivot (in blue). The maximum divergences for PA from predicted...

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After retesting the ranges of 2.05163 - 2.04871 over the past 4 days it can be said that the range is acting as a strong resistance area for price. This zone has potential to drive price massively downward. Technical analysis shows that on the Daily timeframe, GBPNZD had been over bought and will likely need a consolidation if price is expected to go further...

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After testing the 73.306 - 73.242 range and consolidating to 75.609 on two occasions, it can be said that NZDJPY has built enough support and is likely to push bearish, however to continue bearish a final consolidation of 76.100 to 75.832 will be needed to break-through the forming triangle. At the moment NZDJPY looks extremely neutral. However the RSI still has...

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A minimum and maximum low/high has been created and has cemented a new ascending channel. Hopes for bulls entering are becoming ever present. Any thoughts?

euhl

Currently EURUSD is forming a descending triangle and my prospects are that the price will have one of the two break outs, for a long it would need to break the 1.13255 area and for a short it would be 1.12955 respectively. Any thoughts?

euhl

Eurgbp seems to be in a very bearish trend giving a big chance for bulls to emerge. Having said that it seems that having a buy stop would be the most effective idea, for if price is driven up, only then will we enter the market. The closest support line seems to be close to the covid 2020 low.

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After Break Out of a channel XAUUSD is heading towards local support near 1788.

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After testing of resistance line, price will be willing to move to support if resistance is withheld.