DiligentTrading

DiligentTrading Updated 

If price breaks our trend line our next anticipated target could be the 79.513 area which is currently our monthly support zone. This is currently a strong support zone we could find price reverse and rise to the 83.544 area. If support fails we could be looking for the next support zone at the 74.047 area.

DiligentTrading Updated 

As we can see price is currently downtrending forming lower highs and lower lows. Our next anticipated target is around the 1.32636 area, if price breaks that area, we'll be looking for the 1.30363 area where price could find the support area of our channel. There could be a possibility of price retracing up to the 1.34360 area before dropping to 1.28316 our...

DiligentTrading Updated 

We are currently on a downtrend on the daily forming lower highs and lower lows. If price breaks our trend line, our next anticipated target could be around the 0.86000 area. We are also anticipating price to break the current channel acting as support and resistance. This is due to price previously hitting the points 3 times. Will have to be patient in which...

DiligentTrading Updated 

Due to our first target being hit if price continues bearish and closes below the trend line we could be looking at a new target of 1.84388 which is our support area of our channel to the downside.

DiligentTrading Updated 

We got our 1st prediction correct which is great It seemed to be the B - C correction from our Elliott Wave Impulse wave. Our next anticipated target could be around the D 0.79684 zone and retrace to 0.79000. Or price could possible push further up to the 0.80054 area and then retrace back to E 0.79000.

DiligentTrading Updated 

GREAT BEARISH PRESSURE FOLLOWING OUR CHANNEL TO THE DOWNSIDE. POTENTIAL TARGET AROUND 1.85182

DiligentTrading Updated 

Gold has been extremely volatile respecting our channel to the downside if price breaks and closes below our trend line we could be looking at a target around the 1199.72 level.

DiligentTrading Updated 

This pair has been respecting the supply and demand zones for some time now. It is evident that these areas are strong as price has tried to break on numerous occasions but hasn't been strong enough. Due to these reasons we feel price will continue to bounce until the buyers or sellers have enough strength to take control.

DiligentTrading Updated 

Due to the news causing the dollar weakening this week price rose forming a double top. As we can see by the long wicks the buyers are exhausting. If dollar strength is gain or the euro strength dips we could anticipate bearish action pushing price down to our original long term anticipated target of 1.10012. We will need to be patient on this pair awaiting...

DiligentTrading Updated 

Due to the solid bearish momentum and the fact price is on a down trend, If price breaks and closes below the trend line our next possible target could be around the 1.86325 area

DiligentTrading Updated 

If price is once again rejected by the resistance and trend line we could find a target of 84.231. There could be a possible pressure to the downside if that's the case the next target could be 81.545 (Daily support). If price manages to break resistance and trend line we could be looking for a target to the upside of the 89.000 area

DiligentTrading Updated 

Price is very choppy at the moment on this pair, due to the previous bearish candle formed. Our next target could be around the 0.99148 area if the sellers manage to break out of the consolidation stage.

DiligentTrading Updated 

Nice Head & Shoulders forming. Bearish confirmation could send price to 1.42670, then to 1.40688 completing the head & shoulders formation. Long term bearish target could be around the 1.38500 mark. Additional confirmation is that price is currently on a downtrend on the larger time frames.

DiligentTrading Updated 

PRICE HAS BEEN REJECTED BY THE STRONG RESISTANCE AND TRENDLINE. PRICE SEEMS TO BE CONSOLIDATING. IF THE BEARS TAKE OVER WE COULD BE LOOKING AT A TARGET OF 0.78260.

DiligentTrading Updated 

PRICE HAS REJECTED BY THE STRONG RESISTANCE. IF PRICE CONTINUES BEARISH PRICE COULD FIND SUPPORT AT 0.73360 (DAILY SUPPORT).

DiligentTrading Updated 

IF PRICE BREAKS THE MONTHLY SUPPORT NEXT BEARISH TARGET COULD BE 1.10771 (4hr Support) THEN POSSIBLY ON TO 1.10012 IF BEARISH PRESSURE CONTINUES