Forex market
Euro can rebound up from support area to 1.1860 pointsHello traders, I want share with you my opinion about Euro. In this chart, we can see how the price has been moving confidently inside an upward channel after breaking out of a wedge formation. Previously, price consolidated within a narrowing wedge pattern above the buyer zone and broke upward, sho
#AUDUSD: +1100 Pips Possible Swing Bullish Move! AUDUSD a strong sign of bullish behaviour has appeared alongside bullish momentum. As we have NFP tomorrow, we expect market to remain volatile; what we think now is to have market settled down before we can have any confirmation. We recommend to remain extra cautious tomorrow, once market get settl
EU may stop rising soon. Closes to W1 downtrend!1. Key points for reversal coming:
The bullish wave on the weekly (W1) timeframe has been rising for quite a long time and has extended significantly.
It is approaching the downtrend zone on the weekly/monthly (W1/MN) chart.
There is a twisted Kumo top in the Ichimoku Cloud, indicating potential ind
MarketBreakdown | USDJPY, USDCAD, BITCOIN, SILVER
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDJPY daily time frame 🇺🇸🇯🇵
The market nicely respected a rising trend line
and bounced from that, forming a high momentum bullish candle.
I think that the pair will continue rising and reach 145.8 level soon.
EURAUD POSSIBLE SHORT TRADE PLANThe pair has been trading inside a bullish trend, supported by a rising trendline. It recently hit a strong key zone which it failed to break so far. If the price keeps rejecting from this zone and subsequently breaks the supporting trendline, it will be an indication of a bearish movement.
Please
EURJPY: Another Bullish pattern pushing EURJPY to 173 EURJPY: Another Bullish pattern pushing EURJPY to 173
Yesterday, EURJPY confirmed a bullish triangle pattern during the opening of the U.S. market.
EURJPY has already reached 170.60 and is coming back for a retest of the broken resistance before moving higher again.
It's a complex situation,
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