Get started

Criticalzone

Critical EURUSD Point - Potential Long Based on the EURUSD's current position, I'd say we are close to putting in a long position. Personally, I do want to see my RSI going oversold before I make any entries, as well as some sort of reversal pattern so I am looking for more of a 'B' arrow path. On top of this, bear in mind news on the EURO CPI is coming out tomorrow which hopefully might contribute to justifying the reversal formation I'm looking for. On another note, I do believe the recent drop has taken us to critical point on the overall EURUSD pair as seen on the below weekly. Appears to be a bit of a retest, as you can see we have aligned with major S/R levels. This is my opinion and any of your own thoughts are welcome.
Long
by JoeyMvc
ATTENTION! EUR/NZD is at critical point! Here I am with my vision of EUR/NZD pair. It looks like we are at critical point right now. Potential break is becoming more and more real with every price drop below the line. This is a long-term chart and hence the reversal can open the road down to 1.61 support line. On the other hand, it could be a potential bounce upward. Should we jump into/out of the trade? Fasten your seatbelts as the plane is rushing into the turbulence zone. MA (100,50,30,9) are intersecting right now -----> downside formation? -------I would enter the LONG position only if the price reaches 1.70 zone------- --------------------------------------------------------------------------------------------------------- --------------------------------Go SHORT if 1.665 is triggered!----------------------------------- Have a nice trading! I'll come back with new ideas/warnings soon!!
by DmitryQuail
DXY at a critical level.Last two weeks we have had a nice bullish run up to 94.00. There are a few options that are on my mind. - We either break 94.00 and have 96.00 as our next target. - We have a nice Daily close below 94.00 and aim for 93.00 as our first target. - 93.00 Will also be a critical level to see if price will break it our bounce back to 94.00 > Probability of breaking 94.00 will be higher. - 93.00 will let us through to 92.00 and lower. I expect the Dollar to be -10%/-12% by the end of the year.
TVC:DXY
by KevinHin
GBPJPY DailyPrice is back at a very critical resistance level (148.100) area. This zone has help since early 2016. GBP gaining a lot of strength & could potentially be gaining more.. This is a strong zone, but a potential rate hike for the pound is possibly soon, & can send this pair flying up to its next resistance area 151.650 area. Not rushing into anything with this pair at the moment but will be watching to see if we can get a potential break of this strong zone!
by Profound_Ambition