Price is on a bearish momentum. We spot a potential entry at 0.92438 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement and our bearish trendline towards our Take Profit at 0.92148 in line with 50% Fibonacci retracement . Technical indicators are showing bearish momentum. Alternatively, our stop loss is placed at 0.92622 in line with 100%...
Price is trading near the graphical overlap resistance level of 133.651 and Fibonacci retracement of -27.2%. Price can potentially dip to the take profit level of 132.772 which is Fibonacci retracement of 50% and 78.6% Fibonacci projection . Our temporary bearish bias is supported by stochastic indicator where it is on resistance level .
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Price is reacting in a ascending channel , signifying a bullish momentum. However, we are expecting price to make a small retracement down from the pivot level in line with 161.8% Fibonacci retracement and 78.6% Fibonacci projection towards the take profit level in line with 127.2% Fibonacci retracement and 127.2% Fibonacci projection . Our short-term bearish bias...
Price is trading in an ascending channel and is currently at the resistance of the ascending channel which is in line with 100% Fibonacci projection . Price can then potentially dip back to the take profit level of 1.37205. Alternatively our stop loss level is placed near our graphical swing high with -27,2% Fibonacci retracement and 78.6% Fibonacci projection ....
NFLX results are expected today after market close with an EPS forecast at 2.56. Technically, the fast green moving average is above the orange intermediate moving average, and the intermediate orange moving average is above the slow red moving average. Moreover, there is angle and separation to indicate the presence of underlying momentum. During 2020 the...
USDCAD is in the bearish area on the daily chart on the left. A bearish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and maintenance of that level increase chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop above...
In the above daily chart, we are using a triple moving average system to assess the trend. Ideally, the short term green EMA>intermediate orange EMA>red long term average in an uptrend and green orange<red in a downtrend. At the moment the EMAs are lacking a bullish or bearish stack. However, it does seem as if a bearish bias is developing. We will watch the...
AUDUSD is in the bullish area on the daily chart on the left. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level and maintenance of that level increase chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop below...
NZDUSD is in the bullish area on the daily chart on the left. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level and maintenance of that level increase chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop below...
Price is consolidating in a bearish channel . We spot a potential entry at 1.07509 in line with 23.6% Fibonacci retracement , 100% Fibonacci Projection and parallel channel towards our Take Profit at 1.06998 which is a graphical swing low. Technical indicators are showing bearish momentum.
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Price is trading in an ascending channel . It is reacting from our sell entry level of 154.834 and can potentially dip to our take profit level of 153.285 which is also our Fibonacci retracement level of 38.2% and 50% Fibonacci projection . Our stop loss is placed at 155.135 which is our graphical overlap resistance. Our bearish bias is further supported by...
Price is consolidating in a descending channel . We see a potential target entry at 1.85055 in line with 38.2% Fibonacci retracement and 100% Fibonacci projection and a pullback towards our Take Profit at 1.84425 in line with 127.2% Fibonacci retracement . Technical indicators are showing bearish momentum.
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Price is currently trading in an ascending channel , at our Fibonacci retracement level of 23.6% and 78.6% Fibonacci projection level. If price were to break that level , it can potentially dip to the take profit level of 0.72891 which is also 38.2% retracement level and 127.2% projection level. Our temporary bearish bias is further supported by stochastic which...
Price has been consolidating in a triangle. We see a potential entry at 0.92759 in line with 23.6% Fibonacci retracement , 61.8% Fibonacci extension, and graphical overlap towards our Take Profit at 0.93123 in line with 61.8% Fibonacci retracement . Technical indicators are showing bullish momentum.
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Price is at the descending trendline resistance, hence, we can expect price to drop from the pivot level in line with the 127.2% Fibonacci Projection and push all the way down to the take profit level in line with the ascending trendline support, 50% Fibonacci retracement and 100% Fibonacci Projection . Our short-term bearish bias is further supported by the...
NZDJPY is on a bullish momentum. We see the potential for a short pullback and an entry at 79.052 in line with 161.8% Fibonacci extension and 50% Fibonacci retracement towards our take profit at 78.169 in line with 38.2% Fibonacci retracement and ascending trendline support. Stochastics is at a level where dips occurred previously.
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AUDUSD is on a bearish momentum. We spot a potential entry at 0.74028 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 0.72241 in line with 78.6% Fibonacci retracement and graphical swing low. Technical indicators are showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or...
CADJPY is on a bullish momentum. We see potential entry at 90.959 in line with 200% and 127.2% Fibonacci extension and a potential dip towards our Take Profit at 89.963 in line with 23.6% Fibonacci retracement . Stochastics are at a level where previous pullbacks happened.
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