LUNGU_FX

LUNGU_FX

TECHNICALS This pair has been bullish for quite some time now ever since the 19th of August 2021. I do not expect any long term bearish movements as markets has even broken above previous high created on May 27 2021 what I do expect is for markets to come back down retest the newly created support and then go up further to 83.390 level, being weekly...

LUNGU_FX

We have confirmation on the that the pair is now bearish wait for bull back to support then enter a short position

LUNGU_FX

TECHNICALS - after taking an amazing sell at 0.93566, indicated by the Butterfly (XABCD) pattern a the pair has been on a bearish for the past few days - Now returned to the newly formed support zone at 0.91997. - this support zone is also excitingly at the 61.8 fib level and at its third touch by the trend line! - so technically specking (excuse the pun) we are...

LUNGU_FX

TECHNICALS The pair has been playing around the support and resistance zones since may 2021. And this is what i've noted - Price is as the support zone of 0.84535 and touching the trend line of the daily time frame so this correlation may signal a bullish move however over the past few days the bearish moves were quite strong and im expecting a brake below...

LUNGU_FX

TECHNICALS The the USD has not been performing that well over the past few days hardly having a good bullish candle close on the daily time frame against the CAD. we notice that all this bearish movement has caused market to retest support zone once again witch has been holding strongly since early June 2021. im predicting a small bullish move, a retest then...

LUNGU_FX

TECHNICALS The the USD has not been performing that well over the past few days hardly having a good bullish candle close on the daily time frame. we notice that all this bearish movement has caused market to retest support zone once again witch has been holding strongly since early June 2021. im predicting a small bullish move, a retest then bullish...

LUNGU_FX Updated 

as we can see multipule tools are giving us a bullish seniment

LUNGU_FX

with the RSI indicating the usd/jpy being over bought (over 70%) on the 4 hour time frame and price coming to the strong resistance zone of 110.800 - 110.740 we are getting a bearish bias. if market structure holds im having a bearish outlook for this pair. however we need to keep in mind the 14:30 news for the usd, if the news comes out as good for the dollar US...

LUNGU_FX

The USD\CHF has been bearish for some time, but could this be the end of the bears control? Well yes and no but I’m learning more towards yes due to price coming down to the 0.90832 and 0.09792 demand zone. 2nd on the four hour time frame we native a bullish candle starting to form. A bullish close on This time frame will be a good signal to enter a buy with tp...

LUNGU_FX Updated 

NASDAQ ANALYSIS 💴 Potential reversal? As we all know Nasdaq is a buying market and retail traders are eyeing this market due to it coming down to the demand zone of 14682.1 and 14679.7 This zone has been respect since early July However with all the excitement hedge funds are still adding short positions according to COT data of 13th of July But there is...

LUNGU_FX

Looks like the USD CAD has come into an interesting level after a decent bullish move from the 1.23 143 level has also come in line with the horizontal trendline interestingly enough also re testing the previous resistance which was created on the 18th of June 2021. where's my bias being bullish I can comfortably assume after this pullback to the 1.24807 and...

LUNGU_FX

With the strong bullish move created from the 0.89875 level we notice that the market has reached an interesting high playing around the new resistance zone of 0.92155 and 0.92262 only for our time frame now in recent news looking at the bat pattern we have an indication of a potential buy from the level of 0.91730 what convinces us more of this potential buying...

LUNGU_FX

The pair has created a BEAUTIFUL w pattern on the 4 our time frame and with price previously rejeting the demand area we can call a short...for now, we also see that the market has broken the bearish trend, now a bullish move is soon to be expected. tp play it safe wait for the bull back to come to the 0.70439 and 0.70179 levels then look buy a buy signal in the...