A very technically important day! Yesterday's candle closed in the shape of a hammer that usually appears at the end of a trend. RSI has dropped below the 30th line which is usually also announcing the end of the trend. Yesterday's candle closed right on the Fibonacci retracement 23.6 support line. If the daily candle does not close green, then the hammer theory...
Our sales recommendation is based on several things. The Brent is below the average line and as you can see in recent months it has not really been able to rise above it. Stochastic is Overbought (over 80 points). The Ichimoku cloud is still red which means we are still in the midst of a downward trend. Most importantly in the daily graph, a red star appeared in...
Great time to sell as long as resistance at 0.9985 hasn't broken. According to the Stochastic we have reached a very high level, so it is unlikely to be broken. We have a beginning of a red Ichimoku cloud that starts what can announce the beginning of a downtrend. Target: 0.9870
A critical moment on the Ripple, you can see in the graph above that in September we were in the same situation as today and then the Ripple came back out of nowhere. Judging by the trend or most of the indicators then the recommendation is definitely selling but history cannot be ignored. The recommendation is to Buy with SL very close like ($ 0.2260) and to the...
A definite downward trend. The Bitcoin below the 200 moving average which is a bearish sign while we have some bullish signs: Stochastic below line 30 after the lines intersected and the blue line rose above the red line. RSI at the 30th line which is usually at the end of a trend or at least a price correction. So which strategy to choose? We recommend as long as...
Start of a bullish trend in the daily graph. The eurjpy is above the 200 moving average line. Total positive momentum + Euro positive momentum Target: 121.40 The eurjpy will test the resistance there
We usually prefer to analyze graphs in D1 but this pattern in the monthly graph forces us to write about it. 2 Doji candlestick symbolizing a trend ending (to confirm the current candle theory should close in red ... got off to a good start) The 200 moving average line synchronizes with the resistance line at 1.7760. This is the third time eurnzd has touched the...
A significant downward trend, but the support line can still be ignored at 0.85, with low chances of such support not responding to increases. The RSI supports our buying strategy. Target: 0.8670
The above model speaks for itself but we will add some points anyway! We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance! The Stochastic indicates Overbought We have a start of a red Ichimoku cloud that warns of a downward trend. Target: 1.32 If usdcad breaks...
Bullish trend. As you can see in the above graph, the previous two times that usdjpy touched the 200 trend line the response was a nice increase. We believe usdjpy is on the way to test resistance at 109.40 in the weekly graph. Target: 109.40
Positive momentum in the daily trend although the trend is bearish. The gbpusd will rise to 1.31 to test the trend line 200 as it has been done several times as seen in the above graph. Target: 1.31
The gold fails to continue the positive momentum of the last few days, the gold halted in the resistance of the Ichimoku cloud and moved again to declines. The Ichimoku indicator indicates continued declines in the daily graph. Target: $ 1440
A very positive sign in the daily graph (after a long period of dryness) The previous daily candle closes in a star shape (usually emerges at the end of a current trend) at these moments the current candle is green and this is confirmation of the above theory but the day is not over yet. The Stochastic scratches the bottom with intersecting lines, a bullish...
If you thought the dollar was on its way to a new high, think again! Last week, the dollar was on a strong uptrend until it stopped at the resistance line at $ 98.3 and started to fall. The Stochastic also indicates a trend change or a trend ending. The Ichimoku Cloud Indicator changed to a red cloud meaning a bear cloud Target: 97.5
We recommend a buy signal against the trend. The Ripple is below average if you look back a year which is a great chance we will see a return to the $ 0.30 average area The Stochastic reaches an undervalue in the daily graph. Since the recent ascents, there has been no technical change in the Ichimoku Indicator Cloud. Target: $ 0.2850
Our recommendation is to buy against the declining trend. We are after almost 200 pips of declines without price correction. Yesterday's candle closed in the form of a Doji that appears at the end of a trend. The value of the Stochastic is very low. Target: 1.1060
We had an invalid double top pattern here and the pound returned very quickly to the resistance line and again made a small downward trajectory that didn't hold up either. Upward trend. Because we did not break the resistance at 1.7020 Buying now will be dangerous but bold, for those who want a confirmed technical template that will wait for the breaking of the...
Like the previous times, the usdchf failed to break the resistance line at 0.9980 and this usually leads to the appearance of bears. The stochastic high value that comes with the red line above the blue line. Target: 0.9840.