CADJPY broke and closed above the resistance level based on the year's high. It indicates the strength of the buyers and a high chance of a further bullish trend continuation. I think that the pair will reach 119.0 level soon. ❤️Please, support my work with like, thank you!❤️
CHFJPY broke a resistance line of a symmetrical triangle formation on a daily/12h time frames. It indicates the strength of a current bullish trend. The market may keep growing and reach 180.0 level soon. ❤️Please, support my work with like, thank you!❤️
GBPJPY updated the high last week, violating a key daily horizontal resistance. It opens a potential for a further bullish continuation. Next resistance - 203.5 ❤️Please, support my work with like, thank you!❤️
The breakout of a key daily resistance opens more growth potential on USDJPY on a daily. After quite an extended bullish accumulation within an ascending triangle formation, the price bounced yesterday and closed above its neckline. I think that the market may reach 160.0 level soon. ❤️Please, support my work with like, thank you!❤️
We got a massive breakout on EURAUD. The pair broke and closed below a wide horizontal daily demand zone. It confirms the overall bearish sentiment and increases the probabilities that the market will keep falling. Next supports: 1.60 / 1.59 ❤️Please, support my work with like, thank you!❤️
Over the past three days we have seen two false breaks above 158, both resulting with a daily shooting star reversal. The upper wicks also serve as a double top above 158, and with US economic data slowly souring, the case for a top on USD/JPY is building. Prices have found support around the May high, and another crack at 158 would not come as a surprise. Yet...
CADJPY look very bullish on a daily time frame. I see a confirmed violation of a neckline of an ascending triangle formation. Because the pair is trading in a long term bullish trend the growth may easily continue. Next resistance - 115.4 ❤️Please, support my work with like, thank you!❤️
AUDCAD set a new higher high higher close on a daily, after a release of the yesterday's US fundamentals. The pair successfully violated a resistance line of a wide horizontal range on a daily. We can expect a further bullish continuation now. Next resistance - 0.918 ❤️Please, support my work with like, thank you!❤️
Up-trend stocks, Break accumulated Phase, Market Structure Shift and Break Market Structure. Volume Profile shows accumulation as Normal Distribution. When the price can break up, it is a Buy on breakout and Buy on dip point all the way by framing the trend line channel. Story Support: Robinhood to acquire crypto exchange Bitstamp in $200M deal.
TFEX S50 Futures All Trend is Down in Primary, Secondary and Minor Strategy 1: Wait for the price to rise to the resistance level (Supply Zone, POC of Volume and Regression Trend) then open Short Position. Strategy 2: Divide Open Short Position and cut the losses short with Minor Trend Target at Range Volatile 1 Month and 3 Month Low around 800 -790 point as last opinion.
CADCHF is stuck between 2 key horizontal structures. The price formed a narrow range where trading volumes are currently accumulating. Depending on the reaction of the price to the boundaries of the range, I see 2 potential scenarios. If the price breaks and closes above 0.6532 the resistance of the range, it will be the important sign of strength of the...
GBPNZD broke and closed below a key horizontal daily support. The broken structure and a trend line compose the contracting supply zone now. I think that the market may drop lower soon. Next support - 2.055 ❤️Please, support my work with like, thank you!❤️
I see a classic bullish pattern on EURUSD: a bullish flag. After a completion of a bullish impulse, the price started a correctional movement within. With a yesterday's bullish movement, the market managed to break and close above the resistance of the flag and set a new higher high higher close. For us, it is an important bullish signal. I think that the...
EURNZD is trading in a bearish trend on a daily. Currently, the price is testing a key horizontal support. Its breakout will be an important bearish signal for us. A daily candle close below 1.762 will confirm the violation. A bearish continuation will be expected at least to 1.7555 then. ❤️Please, support my work with like, thank you!❤️
GBPCHF is trading in a strong bullish trend on a daily. After the price updated a higher high, the market started a correctional movement. The pair is currently approaching a significant support cluster. I believe that probabilities are high that the next bullish wave will initiate from that. We can expect a growth at least to 1.16 ❤️Please, support my...
CADJPY broke and closed above a key daily structure resistance. It is an important sign of strength of the buyers. Bullish rally will most likely continue. Next goal - 115.8 ❤️Please, support my work with like, thank you!❤️
GBPCAD broke and closed above a major horizontal resistance. The broken structure turned into support. Bullish trend will most likely continue on the pair. Next resistance - 1.75 ❤️Please, support my work with like, thank you!❤️
Today's FOMC is clearly bullish for USDCHF. The price broke and closed above a resistance line of a wide accumulation range on a daily time frame. It opens a potential for a further bullish continuation now. Next resistance - 0.919 I suggest waiting for a pullback before you buy. ❤️Please, support my work with like, thank you!❤️