MarketBreakdown | WTI OIL, NZDUSD, US100, EURJPY
Here is a brief technical outlook for 4 instruments in my watch list.
1️⃣ WTI Crude Oil 🛢️
After a long-lasting bullish accumulation within an ascending triangle, the market broke
its resistance on Friday.
It looks like the market will keep growing.
2️⃣ NZDUSD 🇺🇸🇳🇿
The pair is very bullish since the middle of October.
The price is currently approaching a local high.
If the market breaks and closes above that, a bullish continuation will be expected to 0.6 level.
3️⃣ US100 (NASDAQ) Index 📈
After a three-weeks-long consolidation within a horizontal range,
the market broke its support to the downside and closed below that.
Now the market is retesting that.
I believe that a bearish move will initiate soon.
4️⃣ EURJPY 🇪🇺🇯🇵
The pair is very close to a recently broken major rising trend line.
With a high probability, we will see a bearish reaction from that,
Pay close attention!
Do you agree with my market breakdown?
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.