Khiwe

Khiwe Updated 

Hi there, The RSI crossed the RSI moving average at a resistance level. Therefore, the price is expected to drop, with a target of 2580 and a bias of 2563. Have a great week. K.

Khiwe Updated 

Hi there, The US30 looks bearish and shows that it is hitting a support area on the RSI. It might pulse up into the supply area (the shaded area) and then drop again to 42998.32, which could result in an EW 2, but if we break below the EW 2 target area, the market will potentially drop even further. Overall, the market is bullish; it has a strong bullish...

Khiwe Updated 

Hi, XAUUSD looks bullish on the 1-hour chart. It is possible that it will make a minor correction to complete wave C and then pull up to create a higher low before rising. Alternatively, it may pull up and retrace to form a higher low before moving up. A close eye will be needed, but for now, the sentiment is bullish from the low. Happy Trading, K. Not trading advice.

Khiwe Updated 

Hi there, This is how the USD/ZAR looks like on the 1-hour chart, having encountered a resistance area at 18.4. It’s possible that it could push higher, but there are interesting levels that might pull the price lower. The levels of 18.1 and 17.7 are such areas to watch, and there is a possibility that the price may plummet down to 17.3. Overall, the trend is...

Khiwe

Hi there, The RSI is below 50, indicating a bearish DXY trend. The drop has two price target zones that appear to be retracement zones. The bearish pressure is at 107 but seems weak. Happy Trading, K. Not trading advice.

Khiwe

Hello there, BXY has moved above the RSI 25 and crossed the RSI moving average (MA), indicating an attempt by the bulls to push the market higher from the oversold region. If the price holds above the RSI MA, there is a greater likelihood of moving higher. The desired price target is 129.10. More pips to you! All the best and Happy Trading, K. Not trading advice

Khiwe Updated 

Hi there, BTCUSDT appears neutral, seeming undecided between 72K and 44K. Bears will need a break below 59522.84, but bulls face resistance from bearish pressure at 68K. From the perspective of SND patterns, block marked X' may favour bullish lows, while block marked Y' may influence bearish momentum. Happy Trading, K.

Khiwe

Hi there, The RSI is above 50, indicating a bullish price movement above 88,571 but heading toward a supply zone at 92,000. If the RSI goes below 53.96, the momentum could potentially change, and we have three potential target zones. * So, is the BTCUSD going up? What do you think considering the weekly price momentum ? Happy Trading K. Not a trading advice.

Khiwe Updated 

HI there, The price of BTC is unclear; a bearish candle appeared on the daily time frame, but it is still a bear-bullish candle. I decided to use an app to analyse the trend's lows and highs with a stochastic indicator. The results indicate a possible upward movement nearing the highs of 93028, with a potential retracement down to between 83756 and 90959. So,...

Khiwe Updated 

Hi there, The price is moving above the 50 level on the RSI but below the RSI moving average, suggesting bullish pressure within a bearish range. The price has the potential to rise to 222.680 and 219.320 if it successfully moves above the RSI moving average. However, since it remains within a bearish range, a potential drop could occur toward the 203.00 support...

Khiwe Updated 

Hi there The price is above the RSI 50, indicating that the trend is bullish. However, it is below the RSI moving average, giving a mixed signal. Consequently, the price is in a bearish range within a bullish trend. It appears to be in a possible corrective ABC phase, but it is not clear how deep this may go, resulting in two open areas. * So, the overall trend...

Khiwe

Hi there, USDCNH is above the RSI level of 50 and the RSI moving average, indicating a bullish trend as it heads toward the supply area. If the price breaks through the supply area, it could potentially rise even higher. However, I anticipate a possible rejection at that level, which may bring prices down to the 6.6-6.5 range. Have a great week, K.

Khiwe Updated 

Hi there, The support zone of 197.545-197.464 needs to hold, and a higher low must form above it for a possible bullish continuation. The price is in a bullish trend on the daily and weekly timeframes, moving toward the 199.026 area. Overall the price has low volatility with strong bullish volume; it will require monitoring. Happy Trading, K.

Khiwe Updated 

Hi there, GBPUSD looks bearish, with two price targets and a directional bias of 1.27000 Happy Trading K.

Khiwe Updated 

Hi there, EURGBP appears bearish on the M30 chart, with a price target of 0.83425 and a bias of 0.83200. Monitoring will be necessary due to a lack of clarity in momentum. Happy Trading, K.

Khiwe Updated 

Hi there, EURGBP is experiencing bearish momentum below the trendline right now. A break below 0.83217 could signal a continuation of the bearish trend, targeting a bias of 0.82000. It will need to be monitored as there is meaningful bullish pressure in the current candlestick. Happy Trading, K.

Khiwe Updated 

Hi there, The level 65909.01 is a strong support area, and it has a higher low at 66503.10. The AB distance multiplied by 1.618 equals the distance CX, estimated to be 70738.26, with one price target of 69898.56. If the price breaches 67370.92, then the setup will be invalid. Happy trading, K.

Khiwe Updated 

Hi there, ETHUSDT looks bearish on the H3 time frame, with the current price entering the supply zone. The price needs to break below 50.13, with a clear break and a lower high for a potential drop. The price could drop to the primary demand area or the zone above it. There is also potential for a further drop toward 2246.19. Monitoring will be...