Price is testing our resistance where we could see a reversal below this level. Ichimoku cloud and 20 period EMA are showing signs of bearish pressure as well.
Price is facing bearish pressure where we could see a reversal below our first resistance in line with our 50% fibonacci retracement and 100% fibonacci extension. Stochastic is reaching resistance as well.
USDCHF is testing our sell entry where the downside confirmation is, and if price breaks below, it could go lower.
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USDJPY has formed a double bottom pattern, and it is likely to bounce from here.
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GBPUSD pulling back to the trend line and might see a bounce from there !
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Until...
Price is approaching support in line with our trend line, 38.2% retracement and 78.6% extension where we could see a bounce to our first resistance level. 20 Period EMA and Ichimoku cloud are showing signs of bullish pressure as well.
Price is facing bearish pressure from our resistance in line with our 61.8% retracement and 100% extension where we could see a reversal below this level.
Price is reaching our resistance, in line with our horizontal swing high resistance, 78.6% extension and 61.8% retracement where we could see a reversal below this level. RSI is showing signs of bearish pressure as well.
Today we will take a good look at BTCUSD and what possible key levels to look out for. Right from the long term, down to the short term!
I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the BTCUSD!
Let me know your thoughts and what other pairs you'd like me to...
NZDUSD is reversing from the trendline, and we could see further drop !
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Until...
Price is approaching resistance in line with our 38.2% retracement and 78.6% extension where we could see a reversal below this level. Stochastic is approaching our resistance as well.
EURUSD is approaching descending trend line and could drop further from here.
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Price is approaching our resistance in line with our 23.6% retracement and 100% extension where we could see a reversal here. RSI is seeing a bearish breakout as well.
Today we will take a good look at USDCAD and what possible key levels to look out for. Right from the long term, down to the short term!
I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the USDCAD!
Let me know your thoughts and what other pairs you'd like me to...
Today we will take a good look at NZDJPY and what possible key levels to look out for. Right from the long term, down to the short term!
I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the NZDJPY!
Let me know your thoughts and what other pairs you'd like me to...
Price is making a retest of our previous ascending trend line which it broke out from, in line with our 23.6% fibonacci retracement where we could see a further drop to our take profit target.
XAUUSD is pulling back and could bounce from the trend line.
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Until next time,...
