This pair is about to turn anytime, currently trading in correction for wave (y) of wave (2). This pair is bearish and we are still holding bearish view on it. On alternate; pair might do flat correction for wave (2) before turning bearish but in both cases; there is no evidence for turning bullish for near term. We will hold and wait for short opportunity. -...
DXY is on point where it can short term bullish. We have one pending leg up to complete wave formation before it turn down for larger wave (4). We are having bullish view and still holding same until price prove it wrong. - See more at: beta.hoagtrading.com
To receive analysis directly via email, please SIGN UP HERE Talking Points: DXY Technical Strategy: Bullish Support: 95.37, 95.06, 94.84 Resistance: 96.55, 97.33, 98.01 DXY can continue trading in consolidation. Break of resistance of 96.55 will challenge next resistance level at 97.33 while break of support of 95.37 will find support near 95...
To receive analysis directly via email, please SIGN UP HERE Talking Points: AUDJPY Technical Strategy: Neutral Support : 88.73, 88.22, 87.50 Resistance : 89.50, 89.90, 90.25 The AudJpy came out from it's consolidation and started new trend, break below 89.13 will expose 88.22 support while daily close above 89.52 will find resistance on 90.25. On...
To receive analysis directly via email, please SIGN UP HERE Talking Points: DXY Technical Strategy: Neutral Support : 94.80, 93.15, 93.90 Resistance : 96.40, 97.60, 98.32 DXY can continue trading in consolidation. We believe it will be in triangle formation. Break above 98.10 will find resistance on weekly bearish trend line at 98.75, while...
Talking Points: GBPUSD Technical Strategy : Bullish Support: 1.5475, 1,5357, 1.5250 Resistance: 1.5635, 1.5675, 1.5780 GBPUSD had a beating from BOE, but we still believe there is one pending leg up before it’s turn bearish. Currently pair broken bullish daily trendline but supported by bearish weekly trendline. We are expecting range trading between...
Still holding bullish view. Might be flat correction or wave B
Talking Points: GBPUSD Technical Strategy: Bullish Support: 1.5574, 1.5537, 1.5515 Resistance: 1.5615, 1.5640, 1.5705 The GBPUSD is in consolidation zone and might be continue it’s upward consolidation for near future. Daily close above resistance level of 1.5610 will open a door will challenge 1.5640 and 1.5700 resistance. On alternate, break of current...
Talking Points: CHFJPY Technical Strategy: Bullish Support: 127.40, 124.58, 121.93 Resistance: 131.10, 134.27, 136.20 The CHFJPY is trading in bullish channel and very well be in it's bullish momentum. Break of its support level of 127.40 will expose next support level at 124..58 Alternatively, move above the 131.10 will test next resistance zone at...
Talking Points: DXY Technical Strategy: Bullish Support: 96.80, 96.29, 95.55 Resistance: 98.46, 99.66, 100.34 The DXY is maintained its bullish momentum after bearish trendline channel and not changed from our earlier post. Testing its bullish trendline. Break of it will expose next support level at 96.80 followed by 96.29. Alternatively, move above...
Talking Points: GBPUSD Technical Strategy: Neutral Support: 1.5445, 1.5396, 1.5290 Resistance: 1.5550, 1.5596, 1.5697 The GBPUSD is in consolidation zone and might be continue it’s consolidation for near future. Break of 1.5630 will open a door will challenge 1.5670 and 1.5730 resistance. On alternate, break of current support at 1.5445 will find...
Talking Points: DXY Technical Strategy : Bullish Support : 96.80, 96.29, 95.55 Resistance : 98.46, 99.66, 100.34 The DXY is maintained its bullish momentum after bearish trendline channel and not changed from our last post. Testing its resistance level now at 98.00. Break of this level will expose next resistance level at 98.46 followed by 99.29....
Talking Points: GBPUSD Technical Strategy: Neutral Support: 1.5590, 1.5575, 1.5540 Resistance: 1.5630, 1.5645, 1.5670 The GBPUSD is in consolidation zone and might be continue it’s consolidation for near future. Break of 1.5630 will open a door will challenge 1.5670 and 1.5730 resistance. On alternate, break of current support at 1.5600 will find support...
Talking Points: DXY Technical Strategy: Bullish Support: 96.80, 96.29, 95.55 Resistance: 98.46, 99.66, 100.34 The DXY is maintained its bullish momentum after bearish trendline channel. Testing its resistance level now at 98.00. Break of this level will expose next resistance level at 98.46 followed by 99.29. Alternatively, move below the 96.80 will test...