


John_Mwaniki
EURAUD has formed a rising wedge when approaching a strong resistance level indicating high chances of reversal. We can follow it closely to go short for the pair.
XAUUSD is following is following a descending channel within another descending channel. It has just reversed from the resistance of the the inner channel.
NZDCAD is approaching a strong support level. It is likely to reverse at that level. If it forms bullish reversal candles it will be a good buy entry.
EURUSD broke a trendline which it has been respecting since June. It also broke a resistance level in which it is retesting... I predict that if the retest is successful the price will be headed up.
EURUSD has been in a downtrend and following a descending channel. Price just reached the resistance line of the channel It is also at a strong resistance level(has tried severally and hasn't managed to break it in H1 timeframe) The bearish candles at this level(H1 timeframe) have long upper wicks indicating strong rejection I predict the bears will take control...
XAUUSD is following a descending channel and has reached to the resistance line. If it doesn't manage to break it then it will be a good sell for a good duration.
NZDUSD ascending triangle was broken from the lower side. The price is very much likely to continue moving downwards to cover the height of the triangle.
I predict the price will continue to the base of the wedge.
EURJPY has been following a descending trendline for some time since mid September. It managed to break it yesterday and now it has retested the breakout successfully. I predict that now the price will continue upwards and currently a good buy entry point.
GBPCAD currently at the base/support of an ascending channel. Wait for more bullish confirmations to go long. In case it manages to break the line then wait for a retest and go short. You can share your views in the comments.
AUDUSD may go down further as it has respected the trendline once again
The price has been obeying a descending channel. I predict the price may continue to follow the channel and bounce downwards once it get to the channel resistance line of the channel.
EURJPY has been following a downtrend trendline and has managed to break it. We can wait and go long when it retests the breakout.
Bounced from a downtrend trendline
EURUSD has been following a downward channel since June... It has reached the top of the channel and may bounce off downwards. You can share your opinions about the setup in the comments.
GBPUSD seems to be following an uptrend channel and has reached the base/support of the channel. Keep monitoring.. You can buy if you see bullish reversal candles form. You can share your opinions about this analysis in the comments
NZDUSD is following a downtrend channel. It has reached the top of the channel and bounced off towards the channel support.