** AUD USD Chart is simply a mock up of trend lines to show growth from March 2020** Bull run since MARCH 2020 (COVID). The upturn of AUD after a complete nosedive when covid struck was implemented by the RB and Fed Reserve. They invoked an emergency dollar swap, where the Fed will accept AUD from the RBA in exchange for USD. The RBA would then lend out USD to...
Hi! Hope everyone is well! We certainly are after GU performed as expected. Please refer back to our previous analysis listed below: We have seen the ascending price structure continue on the back of a strong push from 2020. Generally strong support and resistance ceiling formed at 1.37590. We haven't seen a higher price since 2018 of 1.43770. We saw price...
Hi guys! Hope everyone had a good weekend and is ready like we are for a big week on the charts! GU is catching our attention, fundamentals are having a major impact on the strength of GBP and it's issuing buying rallies. We have seen the ascending price structure continue on the back of a strong push from 2020. Generally strong support and resistance ceiling...
When will Bitcoin reach the 50k Psychological level! Everyone is waiting for the day we see it drive past 50K USD! We saw the pull back from 48.5k. So with that said I want to underline a few ideas.. On the 1 hour channel its following the flag, what is also evident is the clear correction cycle. It's also shown respect to the highlighted balanced structure,...
A quick brief on NZDUSD.. Looking at the daily and weekly chart we’ve seen bulls take control week on week. Big pushes to high side creating new highs. In the zones highlighted you will see the resistance zone(s) created. We have failed to see the price create higher highs other than the singular breakthrough and then retrace. H&S formed. We are due a sell off...
We have been in and out of Bitcoin as a group regularly over the last 3 months. Mainly short term sells or buying across the 4/8HR - day trades. On the 17th of December sentiment displayed signs of a long, as per our quick analysis posted here (Full document was posted in our channel on the 17th) We entered here at 22168, and before we knew it was on the rise...