InvestingScope

InvestingScope

EURNZD is trading sideways within a 1W Rectangle (STOCH = 51.408) having been rejected on 1D (STOCH = 47.437, CCI = 25.8950, Highs/Lows = 0.000) near the 1.7400 Resistance. We initiate a medium term short with TP = 1.67565.

InvestingScope

GBPTRY is possibly on a recurring pattern sequence as seen on the chart, on the broader spectrum of a 1W, 1M Channel Up (RSI > 65.523 on both, even overbought on 1M). Our strategy is to buy every dip within the 4H Rectangle (ADX = 18.434, ATR = 0.0717) in anticipation of the next Channel Up. TP = 6.6467.

InvestingScope

The TP = 372.20 has been hit and the 1D Channel Down (RSI = 37.956, Highs/Lows = -0.2679, B/BP = -1.4820) continues to deploy on a standard manner. Next TP = 337.20 which is the November 13, 2017 bottom and a very likely candidate for a rebound. If it breaks then 320.40 is next.

InvestingScope

AUDCHF has found support on the 1W support zone = 0.72414 - 0.72695 (Highs/Lows = 0) and is already rebounding on 1D (Highs/Lows = 0.0035, RSI = 54.336, B/BP = 0.0098). The targets are seen on the yellow rays with 0.75067 being the most suited.

InvestingScope

USDHKD hit both upside/ downside Targets as it continues to trade sideways within a 1D Rectangle (RSI = 56.376, MACD = 0, ADX = 22.206, ATR = 0.0029). We will continue to scalp (buy low, sell high) the 7.84225 - 7.84890 zone until it breaks convincingly. 1W Highs/Lows = 0 are in support of extending this sideways movement.

InvestingScope

EURSGD is in front of a crossroad as the 4H Channel Up (RSI = 55.679, Highs/Lows = 0), met the 1.59857 Resistance (early May) and was rejected, but hasn't broken the pattern yet. If it crosses 1.58909 then the bearish reversal is confirmed. If it crosses the 1.59857 Resistance, then the bullish continuation is confirmed. Patience in order to enter the best...

InvestingScope

Litecoin followed a moderate, low gradient descending path since the last update, trading near the 1D Channel Down (RSI = 34.986, MACD = -5.452, B/BP = -8.3660) Resistance getting eventually rejected on the Lower High mark (Highs/Lows = -1.5514). This is a bearish continuation indication on LTCUSD for the medium term and should form a new Channel Down on 1H...

InvestingScope

EOS is on a perfect compliance with the 1D Channel Down pattern (RSI = 35.351, MACD = -0.670, B/BP = -1.7887) as it made another Lower High Rejection (Highs/Lows = 000) and as seen has already resumed the downtrend. The price touched again the previous 7.4708 target and according to 4H (Highs/Lows = -0.9530), the potential for hitting the TP = 5.9782 in the next...

InvestingScope

TP = 1.1730 hit on Friday and EURUSD is complying 100% to the buying pressure applied by the projected bullish reversal pattern (black curve) on 1D (RSI = 54.819, Highs/Lows = 0.0048) and continue to rise within a smaller, more fixed and controlled 4H Channel Up (RSI = 62.173, MACD = 0.003, Highs/Lows = 0.005, B/BP = 0.0024). The current price (1.1740) is a...

InvestingScope

TP = 72.86 hit last week as the price completely complied to the projected bearish reversal pattern on 4H (blue curve), nearly hitting the second TP = 71.88 as well. The 72.14 low that was bought on Friday's late session was today sold at 74.23 under heavy 1H selling pressure, which has since normalized (RSI = 46.691) under the High Volatility (ATR = 0.0016)....

InvestingScope

XAUUSD follows the projected curve pattern precisely so far as it has peaked to 1,265.90 very close to the first TP = 1,267.00. As expected the December 2017 bottom level = 1,236.50 has provided the supporting foundation on the 1D scale (Highs/Lows = 2.9100, B/BP = 1.8320) necessary to sustain the rebound on the medium term. The latest 1W candle closed on +0.24%...

InvestingScope

The 1H Rectangle broke but after the 4H Channel Down was broken (formation break out), XRPUSD the downtrend was swiftly resumed. 4H extends its consolidation on neutral RSI = 50.090, CCI = 24.4569, Highs/Lows = 0.000 and is limited to a maximum possible extension on the 1D Channel Down (blue dotted lines on RSI = 42.063, MACD = -0.021, B/BP = -0.0114) at 0.52000....

InvestingScope

Ethereum is simply extending the Lower High bands on the projected pitch sequence since the May 5th 838 Top. This is the low gradient curve pattern on 1W (RSI = 44.217, MAC = -19.690, Highs/Lows = -35.7939, B/BP = -157.5351) and the parallel continuation of the 1D Channel Down (RSI = 48.062, MACD = -12.640, Highs/Lows = 10.5048). The new estimated rejection area...

InvestingScope

GBPSEK hit the previous 11.50 TP and support on 1W on a standard 1D Channel Down pattern. Now it is approaching the same support again (11.49183) and another technical bounce is most likely going to take place. This is a long call to 11.76440.

InvestingScope

SEKJPY has price a Higher Low on the 4H Channel Up (RSI = 66.713, Highs/Lows = 0.0449, B/BP = 0.1010). This is a long call, TP = 12.792. The upside is limited on 1D to a 12.845 Double Top.

InvestingScope

EURHKD is on a 4H Channel Up (RSI = 59.981, Highs/Lows = 0.0108, B/BP = 0.0243) but was yesterday rejected off a possible Double Top event, so bullish break-out confirmation is needed. Adding buy position with TP 9.23060.

InvestingScope

4H is on a standard bearish reversal pattern (red curve on RSI = 51.851, ADX = 34.025, Highs/Lows =0, B/BP = -73.7542) loosely supported on the SMA50 = 6,337.10. We had another Lower High rejection, this time on the Hard Resistance of the 1D Channel Down (MACD = -140.100), which generally is a very bearish signal for Bitcoin. The 1W candle is practically flat for...

InvestingScope

EURCAD printed a Higher Low on the 4H Channel Up (RSI = 48.988, Highs/Lows = 0). This is a buy opportunity on the medium term towards 1.54590 and the previous High = 1.55862. No unnecessary risks here, so use tight SL.