HHs AND HLs in GBPUSD for the last couple of weeks; Pair is at support but yet to confirm long move; Stay patient and negate the long bias if trendline is breached. join our free group via the link below to get timely analysis; chat.whatsapp.com
Nice set up; If you took it you must be profitable. USDJPY strength expected to continue.
USDJPY price action hints at testing the 150.000 psychological level once more after momentum shift to the upside.
Despite USDJPY chopping around the 149.000 key level, the pair has already traded back above 150.000 key level as highlighted in our earlier post yesterday. Retail sales was the key driver of volatility today. The dollar strength persisted sending the pair higher. The pair now looks forward to clear 150.500 level before the daily candle closes.
USDJPY expected to trade back above 150.000. My upside target remains 150.500 intraday. A 100 pip take profit. Enjoy the ride.
600 Pips gained on BTCUSD. The 65000 level has been taken out as discussed in our earlier posts. Stay tuned for more analysis.
This is an update on yesterdays post on the probability of Bitcoin trading back above 65k. The pair looks ready to claim the key price level.
The crypto BTCUSD price looking forward to surging back above FWB:65K as shown in the chart. A clear pathway to the top directed by the retest to head and shoulder(inverted) on the higher timeframes. Keep calm and enjoy the flight.
The precious metal has diverged and rejected a key level. This might give impetus to go lower. $2550 is the next level of support for gold. Hold your guns and wait for the ride downwards.
Alas! What a move in USDJPY. The pair has rallied a massive 230 pips since tapping 144.000 key level. The upside target is 150.000.
Correction on the cards for USDJPY; the pair looks forward to retesting 148.000-150.000 key zone. This is after a full-blown shift in momentum to the upside on the 4h candle.
The weekly chart in Bitcoin shows a clear pathway for the swinger bulls. $91000 BTC on the cards in the coming weeks. The weekly closure is key.
$60000 taken as discussed in my earlier article. Lon term analysis to be posted later today. Stay well and tuned.
Head and shoulder pattern amidst a significant momentum-price divergence might give the pair impetus to rise back above $60000 key level.
We are closely monitoring this short on USDJPY. The pair looks forward to fall back below 145.000 key level after a failure to trade above 147.800-148.000 key resistance.
The pair is in a downward trend in the 15 minute timeframe. A slump below 2400 is expected.
XAUUSD SELL TOWARDS $2018 confirmed; set limit orders as shown in the chart image.
Buy USDHUF @366 and take profit @375 as indicated. The pair just hit a significant low on the higher TFs.