AnalysisExpert

AnalysisExpert

GBPCHF is a pair that respects analysis and simple market structure. This pair is in an overall sideways market. But in a 4hour and daily is a buying trend so hopefully we could profit from this expected market pattern that it is currently forming. As we can see that GBPCHF has made or is currently forming a Head & Shoulder and from previous price action this...

AnalysisExpert

As from the previous week EURCAD has been bullish and was but before that it was in a bearish trend and that is why we are currently buying because of the trend reversal pattern Head & Shoulder. The pair has been in a ranging market in a daily timeframe, we have been buying low and selling high. And possibly the market if it respects the analysis it will be...

AnalysisExpert

GBPNZD is in a ranging market and recently it has reached its strongest resistance which has been tested multiple of times. While is rejected and fell down instantly the pair came up and gave us a proper reversal pattern to show us that the sellers are in control of the market now. As the double top has been formed, it still remain to be confirmed only if the...

AnalysisExpert

As the yen slips more to create lows the USDJPY thrives to be making new highs. The yen weakened by as much as 0.3% to 161.94 per dollar for the first time since December 1986. It also hit an all-time low. While the dollar opened a bit negative today, the USDJPY is still not affected and still very bullish and more buyers are coming in. The Japanese officials...

AnalysisExpert

As we can see on the chart above GBPAUD has been in a bearish trend and respecting the trendlines resistance and its support. And as we can see now that we have created a LH in the trend and we are hopefully going to push below if we are to respect our setup. Previously we have been having a lot of selling momentum. But if we are to sell we will reach the previous...

AnalysisExpert

Since we know that us30 is also buying market we have been having very solid buying momentum recently. The orange line in 39,260.21 is our strongest level that previously been support and also resistance at the same time. US30 is currently in a correction which means the will be an impulse move soon. Below we have an inverse Head & Shoulder which is a strong...

AnalysisExpert

EURNZD has been very bearish since May and now the sellers are losing momentum and the buyers a taking over. EURNZD has reached its weekly strongest low ands it is also its a very strong support that has been proven multiple times and this time we kow that it is going to bounce of it and buy. The selling chain was broken with a double top reversal pattern and...

AnalysisExpert

AUDNZD was previously in a downtrend selling very hard. Then changed direction We now trying to follow It where ever it is going and It seems that it is going to buy on technical side. We have been waiting for it to break the previous LH to confirm the change in direction. AUDNZD is on its third touch on the support from which it is retesting making it a very...

AnalysisExpert

First of all EURUSD has been playing between 1.09000 and 1.06000. And then we have a a reversal pattern in between that tells us that the buyers are in control now but that is not all. There are a few reasons that might make EURUSD to buy: We have a Double bottom reversal pattern that prepare us for a change in trend direction EURUSD has reached a...

AnalysisExpert

EURCHF has reached a a very strong weekly low that has made it to bounce of it and change direction. For EURCHF we have been buying low and selling high. It respects the most of the simple patterns and respects them. For now the focus on the 2hr chart says that we are looking to bullish and we have lost the selling momentum. We have been selling for the month of...

AnalysisExpert

The U.S. currency pushed higher Thursday after the return of traders following a holiday in the United States. The U.S. economic data slate includes initial jobless claims figures and housing starts data later in the session, as investors look for more clues towards when the Federal Reserve will start cutting interest rates. A series of Fed officials have...

AnalysisExpert

GBPCAD was very bulling the past weeks but maybe the momentum has ended. As we see on the chart from a technical setup. The are may things that influence the charts to move a certain direction. But GBPCAD has reached a very strong weekly high at 1.76000 and lost buying momentum and changed direction. Since the pair was in an uptrend we should have a reversal...

AnalysisExpert

EURCAD is in an overall uptrend but we can still profit from those selling opportunities. We have a uptrend in the 1hr timeframe which has broken out of its trend making opportunity for sellers to be in control. We have a very strong resistance at 1.48240 where our retest was made with a double confirmation Horizontally and vertically. Therefor we can conclude...

AnalysisExpert

Dollar Index closed very strong last week friday due to positive Unemployment data. The DXY shows to be in an uptrend overall and it was a matter of time that it will buy after the correction it was doing. This week promises another critical data event with the release of the Consumer Price Index (CPI) on Wednesday. This data, followed immediately by the Federal...

AnalysisExpert

AUDCHF has been in an uptrend since February and has been buying ever since. The market changed direction with a double top showing that the sellers have the momentum. The market sold to 1.59070 which is a strong support and formed an ascending triangle to break the resistance of our uptrend to form a downtrend. The market then came back to retest the support in...

AnalysisExpert

GBPAUD was consolidating for quite some time while ranging in a downtrend inside that consolidation period. But it then broke out of our downtrend an preparing to buy it failed to cross our zone in 1.92490 making a resistance for quite some time. Then It made an Inverse Head & Shoulder to gain enough momentum to be bullish. Therefor if it crosses the green...

AnalysisExpert

EURNZD experienced a breakout from its bullish trend. The pair has been quite slow lately maybe its because of the many corrections, A strong impulse move to come since we have broke out of our trend line and it retested multiple times and formed a flag to confirm the downtrend momentum that await EURNZD. After the push below our bullish zone says Smart Money...

AnalysisExpert

On the previous weeks EURUSD gave us a Head & Shoulder on a weekly timeframe and EURUSD has reached its neckline with a rejection candlestick. Price gave us a Triple top which is a formation of a reversal pattern and a change in direction. Should price push towards the 1.07340, The selling momentum could pick up traction and push to 1.06830. Weakness for it...