The EURUSD broke downtrend channel and price touched 1.1490 resistance after that the pair currency comeback in channel on 1.1056 support last week. Key levels at H4 are 1.1056 and 1.1490 but we can see more supports and resistance. In my view, zone area is between 1.1173 and 1.1230 levels. For this week, EURUSD could attract sellers at this area and I anticipate...
The GBPUSD descended about 950 pips last week. I think that the pair currency would move toward monthly support (between 1970 and 1.1880)) green area and it makes triple bottom. For this week, it is price comeback to 1.2570 area if GBPUSD consolidate above 1.2200 Alternative scenario, daily candle close below 1.2200, price would expose green area.
The USDJPY pullback from strong resistance 112.14 to support trend line and support line 107.90 last week. With the USDJPY now below the support trend line and support line eyes are on 106.70. In my view, if price consolidate below 106.70, pair currency could descend to 105 area or 104.55 level. a push higher this week into the area between 109.00 and 109.50 would...
As you can see, that channel is still directing the price action for the EURUSD. With the pair now above the 1.09797 key level, we could see a run at 1.1080 this week, and perhaps a test of that channel top near 1.1170/80. Alternatively, daily close below 1.09797, pair could go down 1.0879 level.
Crude oil price reach to strong zone daily time between 54.31 and 55.11 (resistance area), to keep the bullish trend scenario valid for the upcoming period, which depends on the price stability above green zone. As long as the price is above 52.50 level we could hope for the price to ascend higher levels. Alternative scenario, if price come back below 52.51, I...
After about 10 days, consolidating price above 109.68 level, the pair currency moved up about 230 pips. In my view, USDJPY will continue ascending next month. If price come back below 111.27 level, it is possible price go down 110.30 area. After that, USDJPY start again moving up to 113.17 levels or higher levels.
Finally,the EURJPY broke key support 119.76 last week. When price below 119.76 level, the pair currency continue down trend. In my view, EURJPY attract seller between 119.50 and 119.76 levels. price will move down to lower levels next weeks. (supports: 118.56, 117.65, 117.00) Alternatively, daily close above 119.76 open door to 120.40 or perhaps upper...
When we see daily time, the pair currency reach key support 0.6680. In case price consolidate below 0.6680, I think AUD currency would have more descending in future. At H4 time pair currency move in descending channel if price pullback from 0.6680 area , there is possible price go up to 0.6774 resistance.
When we see daily time, the pair currency reach key support 0.6680. In case price consolidate below 0.6680, I think AUD currency would have more descending in future. At H4 time pair currency move in descending channel if price pullback from 0.6680 area , there is possible price go up to 0.6774 resistance.
The GBPUSD broke support trend line last week. There is potential for sell at this structure between 1.3000 and 1.2955 area. In my view, daily close below 1.2770 open door to 1.2480 area and perhaps lower levels. Alternatively, if price consolidate above 1.3000, the pair currency will move up to 1.3208 area. Telegram@NYMEX
The GBPUSD broke support trend line last week. There is potential for sell at this structure between 1.3000 and 1.2955 area. In my view, daily close below 1.2770 open door to 1.2480 area and perhaps lower levels. Alternatively, if price consolidate above 1.3000, the pair currency will move up to 1.3208 area. Telegram@NYMEX
Last week, the EURUSD broke key support level 1.0990 and we took sell below it. The pair currency move in down trend channel. In my view, price continue descending and it would reach lower levels in future. Alternatively, EURUSD react to support green trend line and it pullback to 1.0990 area and perhaps higher levels. Telegram@NYMEX