AFCapital21

AFCapital21

The end of an ascending channel and the beginning of a descending channel. As we can see the RSI indicator is in an overbought zone for some hours, however the MACD weren't strong enough to continue going up after crossing the signal line and went down again, so the candles continues to make HL and just two HH. The BB moving average was crossed but just with two...

AFCapital21

We've two supports, one of them since September 21st, tested by shadow candles, the same for the most recent support. However November 4th both lines was crossed but it was just a test from candles, we assume this will happen again and change the direction up. RSI and MACD also showing us a overbought feeling

AFCapital21

UK inflation goes to 11% a 41-year high, goods prices continue to increase. BOE says supply chain shock is starting to fade, however, with this inflation rate, the next couple hours the EURGBP will certainly go long. Chart: We have a support that was not tested after the dates of UK. But we can see the RSI in a oversold zone and after changing the direction...

AFCapital21

Japan GDP growth drops 1,2% YoY, and it is followed by a increase in covid cases In the chart we can see: 76,4% FIbo could be the next support, because has already been tested the line after the breakout occured at 9AM GMT, and the top line of descending channel was tested twice after that, followed by bullish candles crossing EMA MACD and Signal is already...

AFCapital21

Both zones UK and Euro had rise their interest rates in 75bp. Days ago Lagard said ECB will continue raising rates to fight the inflation, and BOE are warning about a long recession, and the interest rates hikes in 30Y In this chart we can watch the price touching the resistance and a overbought at BB and RSI, changing the direction such as MACD that had...

AFCapital21

We've a downtrend line and the macd is crossing the signal such as ema with the middle bb line

AFCapital21

Price is testing the support for the 4th time, such as MACD. We can see the columns in MACDS indicator losing power, and the line crossing each other. About candles we've a three inside up after testing the support, show us a bullish signal. And to conclude the Reerve Bank of New Zeland says "economy will slow as rising rates curb consumption", the houses...

AFCapital21

We've again the same support at 0,618 fibo, and we use twice to watch if the smae number will occur, and yes, 0,18 still support. So the price could test the support and go long, or will just change direction to a long strategy, since MACD is already touching support. But our position will be: Waiting for a bigger bullish candle to buy XAUUSD or wait for the...

AFCapital21

EURGBP is making HL, and with a support tested at October 17th, now with 3 HL we've the perspective about a short position, if more than one full boy candle cross the support. Because we've a descending triangle, but we need stronger candles to prove the short position, in fact of the support was tested during Tokyo and Sydney sessions, however the trend made...

AFCapital21

We'd a ascending channel with a resistance making higher highs, however the bottom line of support of the channel was crossed. So we put a horizontal support, to check what could happen to the price, and with this support we can see a possible retracement. We can also see the EMA line is changing the direction. And about the MACD indicator, the support had...

AFCapital21

The horizontal channel started at September 19, it was crossed, and the resistance can be the next support, since if we put fibonacci 23,5% had already been crossed, since it perfectly fit in the last resistance, and it had already been tested by a shadow. The SL will be the fibo 0,236, and the TP 0,618

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23,6% we have the main resistance 38,2% we had the last support that already is the new resistance, and the 50% the support, with some shadows candles testing it. If 0,5 is crossed this have a big probability of being the next resistance. We believe two options of testing the support and resitance, however the 0,382 seems to be a strong resistance, tested several...

AFCapital21

Resistance at 0.98857 looked at 1hour tf, and a second resistance at 0.98436. We can see we already had two retracements and can be the next consolidation area. However when we use de fibonacci we can look at 38,2% and see a future support there if not crossed, moretheless if cross it, EURUSD will short. The pair already have a strong short position since we have...

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Tesla have already tested the support more than once as we can see. With the BB indicator we can see the candle crossing the upper line and going forward to a bullish trend . We had also analyzed the Q3 earning report, and Tesla this quarter is much better than the Q2, we can see the assests is the biggest increase since last year, (57 834 millions to 74 426...

AFCapital21

AUDUSD is in a short trend since August 12, and we can clearly see a descending trending line here in 1H TF, and you can also check the Daily TF and you'll see we have a support created some days ago, and seems to be a strong support and already tested. And FED today had and is having right now a speech and the biggest concern is the inflation. Evans also seems...

AFCapital21

We have a descending channel and with the indicators BB the middle line, and the EMA, we can clearly see the pattern will continue, at least until the orange box, because could be the next support, where we can find at 1622.564 the first, or the second one with the LL at 1616.888. However take a look the the FED speech!!

AFCapital21

The number of unemployed people in the UK increase what means that other currencies have the change to be stronger than GBP. We can see an ascending channel, with a diagonal line making the support, and other one, the horizontal and it seems to be a support and in the past an old resistance. We could wait to see if the candles will cross the line 0.87658, or...

AFCapital21

We've a double top and in 1H and 4H tf seems the xauusd is being shorted, however we have a support created and a long body shadow, so we should wait to test the support or even cross the shadow to enter in a short position. Since BB line are being shortene, together with EMA showing us a descent line We can also watch the MACD crossing the 0,000