We are currently see a bullish continuation after a short correction In price on the daily, price is currently approaching major resistance and considering current bullish momentum we may see a possible break of resistance for bullish continuation to the nearest psychological level at least
The Dollar Index is currently in a downtrend on the daily, after break of trendline we saw a pullback into supply for an M pattern formation which led to a bearish market last week, we are currently approaching supply as marked on chart and I will be waiting for a correction into a point of interest on the smaller timeframes to find possible entries to go short,
We are currently at a strong level of support and we are likely to see a direct break below for downward continuation of a retracement before continuing. Let's keep an eye on our 4H and 30min for valid confirmation.
EUR/USD is currently in a strong bullish trend approaching a strong sell zone and therefore we may wait for price to rally to supply before a change in trend or we might as well wait to see a strong break of a major trend on the 4H. After the close of Monday's candle on the daily, we may have a fair idea of a where we are headed for the week.
We are currently seeing bearish momentum from daily supply, and considering weakness on the 4H intraday timeframe we are likely to see fall in price to nearest supply (T2). With good risk to reward and proper risk management let's see how price unfolds.
After a short correction on the the daily we are likely to see a rally into the nearest supply.
US30 is likely to continue bullish considering strong momentum from a major support level.
We are currently seeing usdcad below our 4H trendline and we are most likely to see a continuation to our arrowed level on the chart.
(MY FIRST TECHNICAL ANALYSIS ON USOIL:) USOIL is currently at a valid level of support and looking at current momentum in price, we may see a bullish market till at least $88. Let's take note of major psychological levels ahead while trending bullish for potential corrections or reversals.
Waiting for a bearish break below structure on XAU/USD to confirm a change in market sentiment, we are currently in a strong bullish trend which has been in effect since the third November last year and for that matter, we will need a strong bearish change in character to take short trades.
US100 is currently showing strength after trading within a range for since December 22, we may see price continue bullish till 11800 which may serve as a correctional area for the bullish trend.
Price has been in decline since October last year and we are currently seeing strong momentum from a major support level, if price breaks above descending channel, we may get a confirmation for a bullish change in trend, resistance below 133.851 will indicate further downtrend continuation.
It's always good to look at XAU/USD from the long term perspective The market has been bearish for the most part of this year till we saw a bullish correction this November We are likely to see price continue bullish after a short term correction in early January nonetheless we may see price change in trend if major support on the weekly is broken. Let's keep an...
EUR/USD has been in an uptrend after a break of downward channel in early November, since there has been no major corrections in price, we are likely to anticipate a few corrections in price at the nearest major psychological levels.
Price is currently at a major support level than was first tested in July this year and considering current momentum, we could possibly see price continue bearish if we see a break and retest below level X till at least 100.000. For a bullish scenario, we may expect price to break strongly above trendline and retest level 106.00 to gather momentum for an uptrend...
GBP/USD has been on an uptrend for a bit over a month now and we are likely to see a short correction in price to the downside considering current strength in the dollar
EUR/CAD has been bearish this year till we saw a bullish turn in price September this year. Momentum has been strong and we are likely to see correction in price to the downside considering where price is currently sitting.
We saw a short formed W pattern after days of BTC bearishness Considering current bullish momentum, we are likely to see markets bullish in the coming days.