I have already shared a very bullish forecast for EURCAD, after a breakout of a key daily resistance. Today we see one more intraday bullish confirmation - a bullish breakout of the resistance line of a symmetrical triangle on a 4H time frame. I believe that the market will reach at least 1.485 level soon. ❤️Please, support my work with like, thank you!❤️
As I predicted today, Gold keeps growing. Analyzing a daily time frame, we see a confirmed bullish breakout of a resistance line of a bullish flag pattern - very strong trend-following signal. It looks like the price is going to retest ATH levels soon. Because the global trend is strongly bullish, we will most likely see its bullish breakout. If the price...
EURNZD has a very nice potential to drop lower. After a consolidation within a narrow range, the price violated a solid horizontal support cluster on a daily. The next support that I see is 1.771 It can be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️
After quite an extended bullish accumulation within an ascending triangle formation, EURCAD bounced yesterday and violated its resistance. It opens a potential for a further bullish continuation. Next resistance will be 1.486 ❤️Please, support my work with like, thank you!❤️
GBPCHF leaves multiple strong bullish clues. Earlier, the market violated a resistance line of a narrow accumulation range on a daily time frame. With the release of various UK and Fundamental news, bulls show their strength today. I think that a bullish movement may continuation at least to 1.148 ❤️Please, support my work with like, thank you!❤️
NZDCHF broke and closed above a key daily horizontal structure resistance. The broken structure turned into a demand zone. I will expect a bullish continuation on the pair. Next resistance - 0.5485 ❤️Please, support my work with like, thank you!❤️
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸 EURUSD is trading in a bearish trend on a daily. The price is falling steadily within a falling wedge pattern. With a recent correctional movement, the price reached the resistance of the range. A trend-following movement may initiate...
Like US30 Index, NZDUSD looks very bullish on a daily. The price formed a double bottom pattern and broke its neckline on Friday. The next strong resistance is 0.606. We can expect a bullish continuation to that area. ❤️Please, support my work with like, thank you!❤️
Today's fundamentals are very bullish for NZDUSD. The price is currently forming a high momentum bullish candle on a daily, violating a key horizontal resistance. It opens a potential for a further bullish continuation next week. Goal - 0.6058 ❤️Please, support my work with like, thank you!❤️
Hi Everyone, BITSTAMP:BTCUSD our last analysis on bitcoin turned out to be in our favour price has been dropping ever since, in our view price can now make small corrections towards 69k to 70k and from there price can drop significantely towards major bearish impulse that will fill the liquidity gap in daily timeframe that price has left behind. Please note...
Bulls look strong again on USDJPY. After a presumable intervention, the market dropped by 500 pips on Monday. The price formed a bullish triangle on a 4H time frame then. At the moment, I see a confirmed violation of its neckline The pair may keep growing at least to 158.35 now. ❤️Please, support my work with like, thank you!❤️
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern! For target measure the distance from the start of the pattern, at the lowest point of the rising trendline to the flat support line. That same distance can be transposed later on, starting from the breakout point and ending at the potential take profit level!
USDCHF is trading in a long-term bullish trend on a daily. The price is currently testing a key horizontal resistance. I am waiting for its breakout - a daily candle close above, to buy. Bullish violation of the underlined blue are will give us a strong bullish confirmation that will push the prices at least to 0.92 level. ❤️Please, support my work with...
EURJPY turned very bullish after a release of US PMI data today. We see a new higher high higher close on a daily with a breakout attempt of a key horizontal resistance. Daily candle close above will confirm the violation. A bullish continuation will be expected 166.5 then. ❤️Please, support my work with like, thank you!❤️
AUDCHF broke and closed above a key daily horizontal resistance. The broken structure turned into support now. The market may keep growing. Next resistance - 0.5909 ❤️Please, support my work with like, thank you!❤️
NZDJPY formed a huge bullish flag pattern on a 4H time frame. Its resistance was successfully broken yesterday and we see a positive, bullish reaction after a retest. The market may keep growing. Goals: 91.9 / 92.2 ❤️Please, support my work with like, thank you!❤️
AUDUSD broke and closed below a wide, significant horizontal demand cluster on a daily time frame. The broken structure turned into a supply zone now. The next historical support is around 0.636 level. It is most likely the next goal for the sellers now. ❤️Please, support my work with like, thank you!❤️
CHFJPY formed an ascending triangle formation last week. Yesterday, the price bounced and formed a high momentum bullish candle. It managed to break and close above the neckline of the pattern. The pair may continue growing. Next goal for buyers will be a falling trend line. ❤️Please, support my work with like, thank you!❤️