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BTC/USD is Pushing HigherHere's the 15m chart of the BTC/USD. By following the analysis of a long time frame, we can say that the overall trend is an uptrend. But at present, the BTC/USD made the bearish rectangle pattern by moving sideways. So, as per the rules of the bearish rectangle pattern, the trend fell. And again started to move upward and it will reach the following targets 18400 - 18520 . After that, there is a hurdle at 18540 . If the trend crosses that, then the further target will be 18600 - 18730 .
BITSTAMP:BTCUSDLong
by forextidings
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EUR/USD Currency Trend Analysis This 15m chart is all about the current short time downtrend of the EUR/USD. It started to fall from the 4th December of 2020, and after that, it initiated to rise from the 9th December of 2020. Hurdle : 1.21001 (Key) If it moves under the hurdle level, it will touch the following level 1.20840 - 1.20760 , but if the trend crosses the hurdle upward, the targets for the uptrend will be 1.21097 - 1.21210 . Fib Retracement: Swing High: 1.25557 Swing Low: 1.03401
by forextidings
NZD/USD skyrockets towards the targetsIt's a daily chart of NZD/USD. From the 19th of March 2020, it started to rise and still moving upward. For an easy understanding of the trend, I have applied the DMI and SuperTrend. Let's take a look at indicators, DI+ is above DI- that means the trend will continue to move upside. ADX is greater than 25, which also indicates the upside movement. Now talking about the trend, At present, the trend is moving upward, and it's marching towards the targets, which are 0.7160 - 0.7260 . But if the trend crosses the control price and successfully makes consecutive candles, then targets for the fall will be 0.6900 - 0.6800 .
by forextidings
USD/JPY is making a Formation of the Double Top PatternIt's an hourly chart of USD/JPY. The USD/JPY is trying to make a structure of the double top pattern. But rightnow, we can't call it a double top pattern. If it crosses the neckline then, it will become a double top pattern. To touch the neckline, it has to cross 104.26 . I have applied the indicator (RSI), which indicates a fall. But what if it continues to grow? If it does not stop to grow, then it will touch 105.06 .
by forextidings
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