KUNCHARLES

KUNCHARLES

The resistance level remains and while price is below that level, it's possible to see a pullback before market continues higher. The levels are now (support & resistance)and in case we see price testing them again, that would not be a good entry opportunity. At this stage we're looking for a breakout , we believe that there will be a better entry level.

KUNCHARLES

In our last analysis. we hit our bearish target. Since then we have turned bullish and ready to break out of the major descending wedge . Next week we're anticipating a breakout targeting for a further push up or if not break resistance it ha to continue the sell. Goodluck and trade safe!

KUNCHARLES

Hey traders, What a bearish week for EURUSD . From 7th of September, sellers keep pushing the pair. Violating a summer's low the market looks relatively oversold at the moment. Analyzing a price action on a daily we may spot an expanding wedge pattern. Its falling support, for now, serves as the closest key support. Next week wait for its touch and then look for...

KUNCHARLES

At this moment CadJpy has broken a strong support zone A drop can happen anytime now and the target can be at the bottom of the range After the retest they will be a further push downward.

KUNCHARLES

The price is currently testing a massive zone of support and it looks like the bears are losing their strength. We will be looking for more confirmations before opening BUY positions and aiming for the upside.