Guario

Guario

Hi traders :) I'm Guario and here is a forecast regarding USD/CHF possible short term price action. As we can see from the chart the pair has just bounced off an important support level forming a probable strong bottom which has been formed along with a double (MACD and Stochastic) divergence. Our entry point will be set just a bit over the 0.9867 level. Our...

Guario

Hi traders :) Here are some thoughts regarding EUR/USD possible future price action. As we can see from the chart the pair has reached a strong resistance level. However the current uptrend could be strong enough (look at the support trendline strength and at the MACD bullish signal) to break it after a small correction until the volumetric level of 1.1077. Look...

Guario

Hi Traders :) Here are some thoughts about Crude Oil possible future price action. As we can see from the chart the price is movement is diverging (look at oscillators' pink trendlines) from the Stochastic and the MACD movement. This suggest a weakness in the current uptrend and a possible bearish win which can carry the price until the red support trendline....

Guario

Hi traders :) Here are some thoughts about GBP/JPY possible future price action. As we can see from the chart the pair has reached the down trendline which acted as a strong resistance in the past. The stochastic oscillator tells as this current uptrend is getting weaker ( look at the divergence) so it's very improbable the pair will manage to break it. However i...

Guario

Hi traders :) Here is a forecast regarding GOLD possible future price movements. As we can see from the chart the metal, after reaching the 1560.00 level, is now correcting through a flag formation. The Stochastic oscillator movement diverges from the price action forming two higher bottoms. This could be interpretate as a weak in this flag consolidation which...

Guario

Hi traders :) Here are some thoughts about the ETH/USDT possible future price action. Ethereum, after a strong bearish trend, has corrected forming three higher tops (three down arrows) and now is consolidating within a small range. A Stochastic occult divergence suggest us that price could break the current resistance looking for the volumetric level of 185.8054....

Guario

Hi traders :) Here is a forecast of the possible NI225 future price action. As we can see from the chart the index has just form a duble top reaching the 23600.0 level along with a Stochastic divergence, which tells us the weakness of the previous bullish trend. Look at the chart for possible entry, stop and targets. Write me in the comments if you have any...

Guario

Hi traders :) Here are some thoughts regarding the possible Bitcoin short term price action. The chart shows a consolidation period started after the Cryptocurrency hit the 25/11/2019 bottom. The price has recently broken the resistance down trend which accompanied price action since the 19/11/2019. If price breaks up the volumetric level of 7464.16 a strong...

Guario

Hi traders :) Here are some thoughts regarding the possible CADAUD short term price action. As we can see from the chart the pair, after a long bullish trend, has formed a strong resistance down trendline where price has bounced off several times. Since the end of November the pair has reached the volumetric resistance of 1.1116 accompanied by a Stochastic occult...

Guario

Hi traders :) Here are some forecasts about CL1! short term price action. As we can see from the charts, a double bottom has just occurrred, along with a clear Stochastic divergence, giving a very strong bearish signal. The entry order should operate if price breaks down the trendline drown in the middle of the price channel and the target should be set a little...

Guario

Hi traders :). Here are some thougths about JPY/CAD possible future price action. As you can see from the chart, the pair, after reaching a significan support zone at the storic level of 0.01225, made three progressive lower tops forming a very strong resistance trendline. The bearish downtrend is supported by a Stochastic occult divergence. Also notice how the...

Guario

Hi traders :) Here are some thoughts about EUR/JPY future price action. As we can see from the chart, the price has taken a bullish direction after hitting the 02/09/19 bottom. Will this uptrend continue? To answer this question let s take a wider look. We can see that this recent up trend is only a correction of the wider bearish trend started in February 2018....

Guario

Hi traders :) Here are some thoughts about the possible future GBP/CHF price action. The price has just broken the consolidation channel formed since the middle of October. Although it could seem a long signal, the long term trend is still bearish. The price in fact is reaching the peak volume performance of 1.3054 accompanied by a clear stochastich oscillator...