H4 ¬Downtrend and continuos bearish structure and tendency ¬Price is trending below the 50 and 200 EMA's ¬Price close below minor support
We have a rising wedge pattern indicating bearish diverge. A price breakout confirms downward tendency
Looking at the Weekly and 4hour timeframes, the dollar Mexican peso continues to soar gradually and we should get a retest of the most previous supply at 20.50- 20.56 zone, which is our projected target before we get any significant reaction The USD/MXN is up on Thursday amid a stronger US dollar across the board. The pair is trading at 20.07, at the highest...
H1 Gold was sluggish till it broke the sideways structure and soared to test resistance at 1832 level. Its currently poised to retest the 1810 pivot level before it soars further for a pullback to our 1837 supply zone anticipated next week The 200 and 50 ema's seem to concur with this projection as it still holds above minor resistance on H1
H1 ¬Downtrend and continuos bearish structure and tendency ¬Price is trending below the 50 and 200 EMA's ¬Price close below minor support
H1 ¬Downward tendency ¬Bearish Structure ¬Price breakout and close below support
H1 EUR/NZD Price Analysis: ¬Upward structure and tendency ¬Break and closed above minor support ¬BUY
H4 ¬Downtrend and continuos bearish structure and tendency ¬Price is trending below the 50 and 200 EMA's ¬Breakout from Falling wedge structure and close below minor support
H1 H1 GBP/NZD Price Analysis: Bulls remain in control as we experienced a breakout of resistance and a retest in progress, I expect price to continue soaring to the upside and test of the new major supply zone. Upside liquidity is a big boost to the expected push
H1 GBP/CAD Price Analysis: Bulls stepping in to target upside liquidity, the market has indeed made a pullback and the following illustrates where traders can take advantage. ¬Upward structure and tendency ¬Break and closed above minor support ¬BUY
H4 ~GBPJPY traded sharply higher on Thursday, after hitting support near the 151.60 zone. Overall though, the pair continues to trade below the downside resistance line drawn from the high of June 24, as well as well below a longer-term one taken from the high of May 27. With all that in mind, we would see decent chances for the bears to jump back into the action...
H4 ~ The USD/CAD was swiftly sold from 1.2807 to 1.25s but has managed to find support today. Channel support is just above the 1.2500 level, We'd expect the 30 pips above/below the 1.2500 level to offer strong support into next week
H1 GBPUSD entered a sliding mode this week, and continues to trade below the downside resistance line drawn from the high of June 11, as well as below all three of our moving averages on the 4-hour chat. Trend tendency is still downward and we are bound to see a further drop if it rejects current minor supply zone.
H1 ~Market is in downtrend for sure if eosusd cannot manage to hold above the H1 supply zone(which it broke below), its poised for a further drop to our target. ~Structure is mostly bearish and tending downwards, I expect it to reject the 3.5200 level
H1 ~Downward structure and bearish tendency ~Price has rejected minor bearish order block for a bearish pullback ~Price is below supply ,we should expect a sell on H1
H4 If we looked on the daily, the trend has shifted to a bearish one with preceding lows being breached Currently we have price tending downward with a bearish structure and is below support. ~We also have a head and shoulders pattern giving a strong bearish sentiment till our target area if price breaks further beneath the neckline
H4 ~Below Supply ~Bearish structure ~Downward tendency
H1 ~Sideways structure ~Above demand hints at an upward tendency