USDJPY is in a Bullish Flag formation. The Bullish Shark Pattern setup is a Buying Opportunity. This is the full breakdown of this pair. The prevalent risk-on environment, as depicted by a relentless rally in the global equity markets, undermined the safe-haven Japanese yen. In other words, in long term, we expect a USD/JPY to the upside. Hence, it will be prudent...
EURJPY has been very bullish but right now a trend change in the 4-hour timeframe. From where the price is currently it’s looking more likely that price action will continue to fall. Avoiding bullish buys on this pair for a while now, it looks overbought. When we analyze price on the daily timeframe, we are currently sitting at a daily non-horizontal resistance...
The price now has broken a very important area. Available to sell now with the opening of the market. A strong monthly role exchange area was broken by a week's candle. A large wedge price pattern has been broken in the medium term. The illiquid zone has been broken on the clear volume profile.
GBPUSD has been in a bullish trend on the 4H recently, visible by the direction of the trend-line marked out. Significant HH and HL points have been marked out beautifully following the structure of the market. Now on a breathing spree, traders are battling themselves on what direction the market is going to take at this juncture. A PROBABLE BUY SETUP ON GBPUSD...
Based on the technical analysis, and the recent minor fundamental news EURGBP appeared in a bearish trendl. There are huge possibilities that market makers will be pushing the pair down. That's why EURGBP is in a larger correction down. In this week it will make a smaller correction and after that more down. EURGBP after the test of the monthly resistance close...
MORE SHORT COMING FOR EURUSD: After the Us dollar regained some strength last week and the EUR/USD made a structural break of the uptrend, it is now testing the former support from below. EURUSD broke and closed below a support line of a rising wedge pattern on a bigger timeframe. The breakout is confirmed now and after two weeks of consolidation, we finally can...
If you already have long position you can continue with your break even point. Market is already bullish. It is wise not to enter here as a long holder. We expect a fall from here in opening hour. Please strictly follow stop loss area with your suitable position. Happy trading...!
With this trend its time to short Bitcoin. Continue your short position with the target of 13000 area.
There is more way to go for gold. This is the golden moment for shorting gold. Please strictly follow stop loss area and enjoy!