Expectations are high that ADA will reach 0.70 but analysts predictions can conflict with the reality of price activity. Pay attention to volume as price reaches each of the bullish and bearish entry levels
Will likely need to consolidate and retrace to attract new buyers looking to enter on Discount Swings to fuel attempt at breaking above long term historical highs
BTC found Support after a Retracement. If it retests and fails is indicative of Bearish superiority and move to next level below.
AUDJPY has had some strong short term trends recently and is covering a lot of ground prior to the News release. A lot of indecision occurring resulting in large ranges.
NOKSEK is exhibiting consolidation with a bullish bias. It is hitting resistance levels and if it succeeds in penetrating could be the start of a Bullish Reversal.
GBPNZD has had a recent powerful bullish run. Various patterns indicate it could be overly extended. There is also a minor Head and Shoulders patterns with an extension reached.
CHFNOK is consolidating after a powerful down move. It could be finding support as a base for an up move. A failure of this support could lead to a price freefall to new long term lows.
EURZAR has been exhibiting Ranging behaviour in a Channel recently. Upcoming News could trigger a breakout with strength if it doesn't fall through support prior to the release.
CADJPY is exhibiting tentative Bullish Reversal behaviour after a downtrend. News for both currencies is sufficiently distant for the pair to complete a bullish oscillation and visit the top of the range beforehand. Prepare for Channel breakouts close to or during the News releases
rice is making higher highs and higher lows with wide ranges in a wedge. A rising wedge is often considered a bearish chart pattern that indicates a potential breakout to the downside. Price is currently entering into an area of historical resistance.
Price in a tightening range in anticipation of upcoming news. The longer price remains within the Triangle, the more powerful the move out of it will likely be.
Could see a pop upwards despite the strengthening CAD. MACD indicates a slowing of the bearish momentum. Too early to assess whether a bullish retracement is the start of a larger time frame reversal.
MACD indicates a Divergence in Momentum with the price decrease applying some brakes in a slowdown. Appears to be finding support for a possible retracement to test the upper edge of the channel
AUDNZD appears to be running out of steam according to the MACD indicator. Might be time from a breather
THB has been in a strength reversal from a previously weaking USD. Watch how it approaches the previous pivot high to assess whether USDTHB will continue with its bullish run to test the previous months high.
NZDCHF looking oversold on the lower timeframes. A possibility of a retracement nearing.
GBPJPY has been in a recent downtrend and is undergoing consolidation into a Triangle formation. Be careful of Break-and-Fakes triggered by upcoming news.
A possible Breakout from a Triangle. Still in early formation but could move prior to reaching Apex. Too early to pick a long term direction prior to Fundamentals releases. The Lower highs and Higher lows are indicative of market indecision and the awaiting of anticipated new information