Forex_Academy

Forex_Academy

AUDNZD upward continuation

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USDCAD Consolidation

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Price has dropped further and it has reached the 0.120618 static support as expected. I've told you in the previous week that the rate should reach the mentioned low and also the 150% line. Personally, I still believe that it will reach the 150% line soon. A valid breakdown below the 150% line will confirm a further drop.

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A valid breakdown below the ml will signal a further drop towards the downside 50% Fibonacci line of the ascending pitchfork.

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MUE/BTC has reached the first downside target after the breakdown below the LML. A valid breakdown below the 0.00001067 static support will signal a drop towards the 150% line.

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ETP/USD should drop further if it will stabilize below the upper median line (uml) of the descending pitchfork. You can see that it has failed to retest the outside sliding line (sl) signaling a potentially significant drop. The major downside target it will be at the 50% line.

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Price plunged in the yesterday's trading session and now has reached the 150% line of the ascending pitchfork. It has also closed below the down sloping line signaling a high selling pressure. Only a valid breakdown below the 150% line will signal a further drop.

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Bitcoin is trading around $6,173 at the moment of this publication, down around -0.45% over the last 24-hours. Yesterday, the BTC raised to $6.342 but since then, the price started to go down, crossed the 100-50 EMAs and seems to be bearish for the remaining time of the trading session, according to the indicators in this 1H chart. The immediate support is $ 6.131...

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XRP has won 0.01% in the last 24H recovering the losses of the weekend and now it's trading around $ 0.4780 after breaking the major support at $0.5000 in this 1H chart. The pair traded yesterday in a monthly low at $0.4400 but the buyers appeared to rescue the price and send it back over the central pivot point. Now the price is bouncing repeatedly in the...

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SAN touched this weekend the minimum since November 25 at $ 0.7157 bouncing there while its winning 0.82% in the last 24H. The price now is trading at $ 0.7932 while the technical indicators show a strong buy as well as the Moving Averages.

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Ardor has won 5.39% in the last 24H after touching yesterday $ 0.1200, this is the minimum since September of 2017 , then the price went up crossing the central pivot point and bouncing repeatedly in the Pivot R1 in 0.1494, It is hard to know if this yesterday low could be the end of the downtrend , we have to wait if the price can climb enough support levels in...

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ADA has won 1.81% in the last 24H bouncing from $ 0.1199, the minimum price of December 12, 2017, and finding resistance in the Fibonacci retracement of 38.2%. The pair continues bearish and trading below the Moving Averages since the beginning of the month as we do not see a strong buyer impulse at this time.

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The BTC price touched today the $ 5,777 and now it's moving around $ 5,931bouncing below the Pivot S2 in this 4H chart. The BTC price is now in a yearly low while sellers continue pushing down the price. The price is moving in the centre of the descending channel and a stronger pressure from the bears will be able to dangerously send the price to the bottom of...

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Dash broke out of the resistance line and has tested it yesterday successfully, but it's still struggling to rise in value.

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Binance coin has been pretty predictable in the past month. With a steady support line created, we expect every downwards move to end and bounce off of it.

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IOTA price broke down during some hours the psychological support at $1.00 touching the $ 0.93 but then just recovered a little and is now sitting just above at $ 1.02, the support at $ 1.00 is a critical long-term support, if this support is broken there could be a long drop in the pair.

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ADA has not behaved differently from the other currencies today losing -9.87% in the last 24 hours and accumulating losses of -41% today since the beginning of the month. The pair is trading at $ 0.1410 at this time with the oscillators at oversold levels but pointing up, it seems that the bears are going to take a break and the price can have a short trend...

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It seems that a new bearish wave is brewing in the BTC after the start of the Asian session, the price is moving at this moment in $ 6,591 with supports in $ 6,560 / 50 and has crossed dangerously the EMAs of 200-100-50 in this 1H chart. The crossing of the EMA-100 marks a possible short entry with target at $ 6,405. Bithumb, one of the largest cryptocurrency...