EURUSD has been consolidating in a downward channel . Our target entry is placed at 1.17331 in line with 50% Fibonacci retracement . Price has the potential to dip towards our Take Profit at 1.16820 in line with our graphical swing low and parallel channel . Ichimoku and MA are showing bearish momentum. Alternatively, our stop loss will be placed at 1.17573 in...
The left chart shows the XAUUSD daily timeframe. Price is in the bearish area, between the lower blue and lower red bands. The right chart shows the XAUUSD hourly. Here the price is rising into resistance (red shaded horizontal). We are looking to see if this is a key level i.e., if price will react at this level. If it does, a bearish cross of the EMAs and...
USDJPY is approaching our entry at 109.705 in line with our 61.8% Fibonacci retracement and 61.8% Fibonacci extension and EMA 55. Price is expected to experience a pullback at the pivot towards our take profit at 109.116 in line with our graphical swing low support. Our bearish bias is further supported by Ichimoku clouds signaling a strong bearish momentum and...
Price is approaching pivot level of 0.92445, in-line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension . We could potentially expect the price to bounce towards resistance at 0.93260, in-line with 100% Fibonacci retracement and swing high resistance. Alternatively, price could drop to support at 0.91910, in-line with 61.8% Fibonacci retracement and...
Price is reacting below pivot level at 1.17490, in-line with 23.6% Fibonacci retracement and 61.8% Fibonacci extension and 20EMA. Price could potentially drop to support at 1.16645, in-line with 100% Fibonacci retracement , 161.8% Fibonacci extension and swing low support. RSI is also at descending trendline resistance where previous drops occurred. Alternatively,...
Price is holding below the descending trendline resistance, however we can expect that price would bounce up towards the trend line resistance. Price is expected to bounce up from the pivot level in line with 100% Fibonacci Projection towards the take profit level in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement . Our short-term bullish bias...
Price holding above the ascending support trendline, signifying a bullish momentum. We can expect price to be pushing down from the pivot level in line with 38.2% and 38.2% Fibonacci retracement towards the take profit level in line with 78.6% Fibonacci retracement and ascending trendline. Our short-term bearish bias is further supported by MacD depicting bearish...
Price holding under the descending trendline resistance, signifying a bearish momentum. We can expect price to be pushing down from the pivot level in line with 61.8% Fibonacci retracement , 161.8% Fibonacci projection and trendline resistance, towards the take profit level in line with 61.8% projection and last swing low. Our short-term bearish bias is further...
Price is fluctuating in the descending channel , signifying a bearish momentum. Price could potentially reach the top of the resistance descending channel which is in line with the Fibonacci level of 78.6%. Subsequently, we can expect price to to be pushing down from the pivot level to the take profit level which is in line with with the Fibonacci level of 127.2%....
Signal ID: 77650 Time Issued: Wednesday, 22 September 2021 02:00:15 GMT Status: open Entry: 128.154 - 128.394 Limit: N/A Stop Loss: 128.755 The Trend Follower Strategy has just sold EURJPY at 128.274. The system recommends entering this trade at any price between 128.154 and 128.394. The signal was issued because our Speculative Sentiment Index is extremely...
Price is at pivot level around 1,764.00 which is in line with 23.6% Fibonacci retracement level, 61.8% Fibonacci extension level and 20EMA. The price could potentially drop to support at 1,720.30, in-line with 100% Fibonacci retracement level, 161.8% Fibonacci extension level and swing low support. RSI is also at descending trendline resistance for potential...
Signal ID: 77638 Time Issued: Monday, 20 September 2021 14:37:15 GMT Status: open Entry: 0.92714 - 0.92951 Limit: 0.92366 Stop Loss: 0.93285 The Breakout Opportunities system has just sold USDCHF at 0.9283. The system recommends entering this trade at any price between 0.92714 and 0.92951. The signal was issued because the USDCHF has broken its 24-hour low while...
Signal ID: 77639 Time Issued: Monday, 20 September 2021 16:00:15 GMT Status: open Entry: 1.36388 - 1.36708 Limit: N/A Stop Loss: 1.37188 The Trend Follower Strategy has just sold GBPUSD at 1.36548. The system recommends entering this trade at any price between 1.36388 and 1.36708. The signal was issued because our Speculative Sentiment Index is extremely...
AUDUSD is on a bearish momentum and is consolidating within a downward channel . We see a potential entry at 0.72860 in line with 61.8% Fibonacci retracement and our take profit level will be placed at 0.71994 which is a graphical swing low. Our bearish bias is further supported by Ichimoku and price declining below the EMA 34. MacD is showing potential for trend...
UKOILSPOT is on a bearish momentum and is approaching our pivot and entry at 74.21 in line with 50% Fibonacci retracement and bearish trendline . Price could potentially bounce off and dip to our area of take profit at 72.73 in line between 161.8% extension and 61.8% retracement . MacD and Ichimoku clouds are supporting our bearish bias. Alternatively, our stop...
Price is reacting on pivot level at 0.70115 which is in line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension level and 200MA. Price could potentially swing towards resistance at 0.70850, in-line with 50% Fibonacci retracement , 61.8% Fibonacci extension level and 50MA. Stochastic is also at support where previous bounces occurred. Alternatively,...
Price is reacting within the triangle pattern , in the short-term we can expect price to be bouncing up to touch the descending trendline resistance. We can expect the price to push up from the pivot level in line with 38.2% Fibonacci retracement level and push towards the take profit level in line with 61.8% Fibonacci projection and 78.6% Fibonacci retracement ....
Priced broke downwards out of the wedge pattern, signifying a bearish signal. We can expect price to drop down from the pivot level in line with the ascending trendline resistance and 23.6% Fibonacci retracement towards the take profit level in line with 127.2% Fibonacci retracement , 200% FIbonacci projection and weekly overlap support. Our bearish bias is...