The dollar tried to hold out and return from the strongest support line and it is the last In case of return, the targets are shown in the yellow chart. This will be pressed on Bitcoin and we may see a decline to 19500-18300
EURUSD remains sharply bullish. The price keeps growing setting new structure highs. On a weekly we can see where bulls are aiming at: during the last 5 years, the price is trading within a gigantic horizontal trading range. 1.04 is the support of this range and 1.25 is its resistance. Right now the price is very close to the upper boundary of the range. It...
DXY keeps falling. All major usd pairs and commodities are benefiting from dollar weakness. The next strong weekly structure from where we can expect a pullback is 88.5 - 89.5 level. It is a major key level based on 2009'th/2010'th/2018'th price action. I won't expect a reversal. Rather a pullback from that. And until we are above that level, bearish bias remains.
It seems that this currency pair FX:USDJPY is moving upwards I predict it will reach 110.100 resistance line. What do you think about this pair?
Has potential. more interesting to me over over 3.6 cents*. (not 36 cents as in video) will do projections if it breaks out
AUDUSD is trading in a sharp bullish trend. I know that many traders are looking for a pullback because the pair is way overbought. However, be very careful. Here are the closest key levels that I identified on a weekly chart: Support 1 - 0.73 - 0.745 (based on a local year's daily high and 2015th - 2018th price action) Resistance 1 - 0.77 - 0.78 (based on...
Dollar index leaves reversal clues: the price has broken above a falling trend line on 4H and has set a higher low before the breakout. We haven't seen a strong pullback on dxy for a while, so it looks like it's finally the moment to recover. Intraday goals: 91.5 91.4
AUDUSD is approaching the year's high 0.74 level. Yesterday, once the level was tested, the price reacted immediately and bearish engulfing candle formed on a daily. Taking into consideration slowing market, chances are high that we will see a pullback. Goals: 0.731 0.725
With DXY weakness EURUSD keeps growing. We saw a nice expansion this week and it's time to look for the next strong supply area. I am paying close attention to the confluence area between: 1.2 horizontal resistance (current structure high); Rising trend line ; 1.272 extension of the last bullish leg. I won't expect a major reversal from the identified...
With DXY weakness EURUSD keeps growing. We saw a nice expansion this week and it's time to look for the next strong supply area. I am paying close attention to the confluence area between: 1.2 horizontal resistance (current structure high); Rising trend line; 1.272 extension of the last bullish leg. I won't expect a major reversal from the identified...
A lot of bears have been piling into short USD positions. I think the time is ripe for DXY to prove itself and break out in a strong way. USD bears will be punished as bulls prevail and the dollar rockets higher.
NZDUSD has reached a resistance line of a rising parallel channel on 4H. The price has formed the sequence of 3 dodji candles on that. On hourly the price went rejected multiple times and formed a double top formation. Now I expect a pullback to support of the channel. Goal is based on 618 retracement of the last bull impulse - 0.6973
Daily/4H time frame analysis on EURUSD. Price action & potential scenarios. Key levels & trading recommendations. Please, support this video with like and comment. Thank you!
USDJPY is trading within an ascending triangle on the hourly chart. Taking into consideration that the trend is globally and locally bearish, I remain bearish biased and expect a trend continuation. In order to catch the next wave, I would suggest being focused on 103.67 - 103.73 hourly demand area. If we see a 1H candle close below that, it will be a strong...
Breakout from Ascending Triangle on #USDCHF Chart. Buy possibiity
During crisis times the dollar has hit the upper channel line (as we are experiencing now), later returning to the lower channel line after a few years.
USDCAD is still trading below a strong daily structure resistance. Yesterday's daily candle closed retesting the underlined level. Because the trend is bearish, probabilities are high that the price will keep going in the direction of a trend. I expect the price to drop. Goals: 1.301 1.295
NZDUSD is approaching a local structure high that was previously reached 12th of November. the price has violated the support line of a rising wedge pattern once it reached the underline structure and currently it is trading within a narrow horizontal decision range. 0.6896 - 0.6915 are the boundaries of that range. an hourly candle close below that will be a...