Technical Analysis of EUR/USD Option=1 The EUR/USD pair has moved lower during the corrective cycle and hit the level of 1.1755, which is the main channel lower line. Any violation of this level will only deepen the correction towards the next key technical support seen at the level of 1.1655. The momentum is below the fifty levels already and the market is...
USD/CHF has developed a potential reversal pattern at daily and h4 chart, the confirmation will come from the USDX if the index validates its double bottom pattern as well. The pair now less under selling pressure, after some strong USA data last Friday. The pair is trapped within a down channel, so a USDX's drop could push USD/CHF towards fresh new lows. The...
USD/CAD has rebounded in the short term and now is pressuring the major downtrend line, the repeated breakout attempts signal that the dynamic resistance may eventually give way. Two Possibilities. 1-USD/CAD is pressuring the downtrend line and also last week USDCAD break support level 1.3340 and hit S-2 1.3240 where bounce back upside 1.3386 static resistance,...
Gold has increased as much as $1,983.10 today registering a new historical high. The price has validated a further growth in the short term, so the $2,000 psychological level is seen as the next upside target. The USD's continuous drop versus the other major currencies helps the yellow metal to jump higher and to reach new highs. The price is facing tough dynamic...
AUD/USD has failed to make another higher high and to take out a major dynamic resistance 0.7210 signalling a potential reversal in the short term. Last Friday was broken 0.7180 and new week open gap confirmed AUDUSD under pressure. The price is struggling in the upper border of the target range of 0.7190-0.7225 Last week, If Price break out 0.7240 which will lead...
Technical Market Outlook: The BTC/USD pair has broken above the $10,000 level which was the key mid-term technical and psychological level for market participants. The recent swing high was made at the level of $10,400, but the bulls do not seem to stop just yet as the momentum is still strong and positive despite the overbought market conditions. The next target...
Technical Market Outlook: The GBP/USD pair has been moving up since the market opened after the weekend, so the new temporary swing high was made at the level of 1.2857/80. Moreover, the bulls had broken out from the ascending channel and downside trend line from 1.3440, which is rather another confirmation of the positive sentiment despite the overbought market...
After the EUR/USD pair had broken through the long-term technical resistance located at the level of 1.1580, the uptrend has been confirmed and it is being continued. Currently, the market is trying to extend the rally towards the level of 1.1629 or higher towards the level of 1.1680. The momentum is still Limited strong and positive, but the market conditions...
Limited Downside towards Support Level 0.9225$ to 0.9250$ for a long position., currently Waiting for $ Strong. 🛑SUPPORT/RESISTANCE ✅S1= 0.9250 ✅S2=0.9175 ✴️R1=0.9376 ✴️R2=0.9489 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it. 👍 Before we start, please support this idea with your likes and...
Weekly base Fake break out, wait for confirmation on weekly end but good to catch out downside correction on multi-month resistance. 🛑SUPPORT/RESISTANCE ✅S1= 0.6510 ✅S2=0.6380 ✴️R1=0.6630 ✴️R2=0.6725 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it. 👍 Before we start, please support this idea...
Correction Required Technically with $ Strong, if $ stay weak then AUDUSD some more room upside 0.7210 multi months Resistance. 🛑SUPPORT/RESISTANCE ✅S1= 0.7040 ✅S2=0.6910 ✴️R1=0.7150 ✴️R2=0.7240 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it. 👍 Before we start, please support this idea with...
🛑Pair:#OIL ✅Current Trend: Limited Upside towards Resistance 40.60 to 41.65$ level ✅Daily Base: Bearish towards Support 38.50 and 37.20 ✅Reason@ If price break 37$ and we could see downside pressure towards 35$ if price break above 42.10$ then next resistance 45$ 🛑SUPPORT/RESISTANCE ✅S1= 35$ ✴️R1=42$ Please like, share, comments and follow me to get daily base...
In march 2020 Ripple hit bottom out 0.10$ and back to between 0.17 to 0.19$ Area, Currently Price stable this level but Ripple’s XRP surged by 10.98% on Wednesday and hit Resistance 0.21$. 👍 Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. Ripple’s XRP broke through the day’s...
Under correction wait for support level 192$ for long. Mostly Airline under pressure due to o lockdown, end of the year expecting back to normal all airlines but a long way to recovery pre-COVID. If 2nd Locksownd then we will go multi year-long way downside 150$ 🛑SUPPORT/RESISTANCE ✅S1= 192$ ✅S2=160$ ✴️R1=245$ ✴️R2=300$ Please like, share, comments and follow me...
Price under the pressure of fear of 2n wave and again lockdown. Technically price sideways but coming expecting downside correction towards support level 35$ if price break 42$ and we can see next resistance level 45$ ( very less chance price go upside) as price coming from bottom 1$ currently overbought condition, correction required as indicator showing...
BCHUSD moving under Triangle. ( Expecting breakout) Two things possible if Triangle break then we can see good pump upside towards 450$ Resistance alternative fail to break then good to long 180$ to 200$ Support 🛑SUPPORT/RESISTANCE ✅S1= 215$ ✅S2=180$ ✴️R1=310$ ✴️R2=450$ Please like, share, comments and follow me to get daily base analysis. Thank you for your...
The GBP/USD bulls have almost hit the next target which was 61% Fibonacci retracement located at the level of 1.2597. the market is now consolidating in a narrow range. Please notice, there is an important intraday technical resistance 1.2620. On the other hand, the nearest technical support is still seen at the level of 1.2510 and 1.2362. The momentum is...
This time highly expected LM could break 0.0850 Resistance ( Triple TOP) If Price Manage to break out then next level 0.13$. but must hold 8800$ level to reached XLM 0.10$ 1 👍 Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. 🛑SUPPORT/RESISTANCE ✅S1=...