ThyssenKrupp with a long scenrio - with TP o a area of 12.95 - 13.65/75 euro per share. SL area on a 10,85 euro lvls.
Ripple is already known as safe heaven of cryptocurrency market. In last couple of weeks this corelation (Bitcoin down, Ripple up) fade out. Probably because whole market plunged. But if You look closer on XRPBTC, You might see a crawling bull market ahead. Pair has created a huge triangle which is already breaking from the top. Looking on the orderbooks on...
On the H4 chart we can see, that after a series of decreases there was a short time consolidation, and the price is fighting Kijun right now. If in this area there will be any bearish candle, we can open shorts targeting daily support at 1.7140. Chikou Span line is so far in good place to open position.
New Zealand dollar lately is dynamically appreciating comparing to other currencies. There is an interesting opportunity to open short position on EURNZD. Price reached Kijun line and then rebounded from it. In this place a bearish pin bar was created, I marked it with an arrow. I opened short position with a Stop Loss just above signal candle, and the target on...
At night there was a break out of bullish Kumo cloud. Right now, we can see small bearish reaction. Maybe there will be an opportunity to open longs. We just have to be careful about Chikou Span setting, currently there is no way to enter long position, maybe in near future it will change.
AUDJPY price is above respected resistance from the daily chart. The break was quite strong, currently we can expect bearish correction and retest of mentioned level from above. If in this place there will be any buy signal, I would be happy to enter longs.
GBPJPY - on the H4 chart we can see, that price is sliding on the edge of bullish Kumo. If in this place there will be any clear buy signal, we can open long position targeting the resistance in 152.90 area. We just have to be careful about reward to risk ratio, it has to be bigger than 2:1.
CADJPY - rise is above important level 88.10. What’s more, currently there is a slow break above bullish cloud going on. If in this place any buy signal will show up, we can open longs targeting resistance from daily chart next to 89.50.
AUDCHF - On the H4 chart we can see, that after today’s gains price is above bullish Kumo cloud. If current cloud will close above this zone, it will be a signal to open long position. In addition, Tenkan-sen just crossed above Kijun. The target for gains is on the another resistance in 0.7575 area.
On the H4 chart we can see, that AUDJPY came back above bullish Kumo cloud. Currently it is sliding on the Chikou Span A line. If in this place there will be any buy signal showing up, we can open long position with the target on the resistance in the 86.10 area. We have to be careful about Chikou Span line. Currently it is below the price and it doesn’t look like...
Price after bearish break from bullish Kumo successfully retested this area. Maybe in this place there will be any sell signal, then we can consider going short.
On the H4 chart we can see, that the price broke out of bullish Kumo and below daily support. This level is not defended too strong, there are breakouts, but despite that it is a great place to look for a short opportunity. For instance, if current bearish candle will end in a form of a pin bar, we can think about opening short position targeting another support.
NZDUSD is descending in a form of wide channel which has been tested at least 6 times during last couple of days. We can clearly see that at todays session start pair tested not only 38.2 Fibonacci level but also upper edge of channel. We stay bearish on NZDUSD which may test 0.6800 area.
On the H4 chart we can see, that price is getting close to bearish Kumo. If the current candle will have a form of bearish pin bar, we can open short position with the target on another support from the daily chart. Of course we have to consider Chikou Span position, if it will above the price, we cannot enter shorts.
CHFJPY has been trading in a horizontal trend for a week. As a result of today’s upswing, the market has reached the upper limit of this consolidation, where the first supply reaction has already happened. Permanent rejection of this zone could open the way to declines. The scenario is supported, at least technically, that consolidation is a form of time...
GBPUSD - The cable is closed in a sideway trend between 1.33 and 1.30. Now the price is approaching the upper limit of consolidation and if you get a sell signal, I will consider playing short.
GBPCAD - price came back in the area of broken 1.3070 level. It is also close to bearish Kumo cloud. If there will be a rebound from the cloud and going back below resistance, we can look for opportunity to open shorts. Depreciation can even reach support at 1.2850.
CADCHF: On the H4 chart we can see that price broke through strong support from the daily chart and currently there is bullish correction happening. It is worth to observe price behaviour in the area 0.7760-0.7700. If there will be any sell signal, we can think about opening shorts.