CHFJPY is currently on track to touch its all-time high, marking a historic moment of the Swiss Franc's strongest dominance over the Japanese Yen. This significant milestone highlights the market dynamics between these two currencies and presents a unique trading opportunity. Based on our analysis, we anticipate a potential price drop in the near future within...
Let's take a closer look at the recent movements in Bitcoin! 📈💰 Over the past few days, Bitcoin has demonstrated an impressive upward movement, breaking out of its 🟢heavy support zone($26,400-$25,800)🟢 and reaching the upper boundary of a descending channel, also known as the 🔴resistance zone($28,000-$27,660)🔴. Upon analyzing this Bitcoin surge, we can observe...
We are closely observing the AUDUSD pair for a potential selling opportunity within the 0.66600 zone. As AUDUSD continues to trade in a downward direction, it is presently undergoing a correction phase, gradually nearing the crucial trendline at the 0.666 level, which acts as both a support and resistance area.
Falling Wedge has broken through the resistance line at 03-Jul-00:00. Possible bullish price movement forecast for the next 2 days towards 1.1916.
EUR/USD BUY Timeframe: H4 Entry at 1.1864 Take profit 1 at 1.1927 Take profit 2 at 1.1200 Take profit 3 at 1.2060 Stop loss at 1.1800 Investors trying to profit from a market trend could be described as riding a wave. Looking at the pink wave you can observe the price patterns related to persistent changes in investor sentiment and psychology. Each change of the...
NZD/JPY Sell Price is near key level ,matching with resistance line on 4h chart, we could see the price dropping. Time Frame 4H chart Best Entry at 78.00 Take Profit 1: 77.50 Take Profit 2: 76.80 Stop Loss 78.50
CAD/JPY Buy Price on key support structure, could bounce back off it. If it breaks the resistance line ,we could see it reaching new highs. Time Frame 4H Chart Entry at 89.90 Take Profit 1: 90.30 Take Profit 2: 90.80 Take Profit 3: 91.50 Stop Loss at 89.10
Deutsche bank, "The worst seems to be over" A good looking yearly uptrend and RSI divergence. Banks are oversold and inflation is coming to stick for a while. This should pull up banks. Inflation will also increase the trading volume of banks. We might see commodities & financial stocks increase over the next couple of months, according to analysts, as the...
Price bounced back off resistance line of parallel channel on 4H Chart. And broke below rising wedge formed on 1H chart. Could drop from now on. Time Frame 4H Chart Entry at 0.8590 Take Profit 1: 0.8550 Take Profit 2: 0.8500 Stop Loss above resistance of parallel channel
USOIL strong bullish uptrend and reached the strong R&S area also 2019 highs chart is moving inside an ascending channel I expect some retracement. mujy ye lgta hy k market buht volatile ho gi or gap s b start ho skti hy......................... LET'S SEE💹💹🧐🧐🧐
I expect a downside move to the lower side of the channel around 91.400 - 91.300 which is a very strong support level there would be a high probability of growth in price in the next week
USD/JPY Sell Parallel channel formed on 4H Chart, price is near resistance line of it. Already bounced back few times from that level, could do it again. Time Frame 4H Chart Best Entry at 111.00 Take Profit 1: 110.60 Take Profit 2: 109.90 Stop Loss at 111.50
GBP/JPY reached a strong intraday structure resistance. We could see a double top formation on 1H chart as well. .A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level...
Eur/nzd if rising wedge is break downward, then there is a good opportunity to sell