Market Instrument: NZDCAD Timeframe: Weekly Analysis: Technical Structure: Minor Resistance, Impulse, and Channel Prediction: Bearish NZDCAD is forming a nice impulse inside this channel while the current price has revisited the upper boundary and the minor resistance formed on the weekly chart. I have a decent expectation of a reversal to complete the 5th...
Market Instrument: EURCAD Timeframe: Weekly Analysis: Technical Structure: Support and Elliot Waves Prediction: Bullish EURCAD is on major weekly support where we have seen a good buying pressure formed at these price levels previously. For the moment price is respecting the support level formed on the lower timeframe while the bearish trend extended up to this...
Market Instrument: AUDJPY Timeframe: Weekly Analysis: Technical Structure: Resistance and Retracement Prediction: Bearish AUDJPY has visited the weekly resistance formed close to the current market price and the recent daily closings and this level have a great potential of a sell-off while the historical price action is considered.
Market Instrument: AUDCHF Timeframe: Daily Analysis: Technical Structure: Resistance and Retracement Prediction: Bearish AUDCHF has visited the daily resistance formed close to the current market price and the recent daily closings and respected price action over the picked-up resistance is promising for a retracement on the following bull trend formed.
Market Instrument: US100 Timeframe: H4 Analysis: Technical Structure: Double Bottoms, Harmonic, Trend Breakout Prediction: Bullish US100 is on a nice harmonic pattern after the breakout formed. The index created a double bottoms structure where this has a good potential to the upside to cross above 15k.
Market Instrument: USOIL Timeframe: Weekly Analysis: Technical Structure: Resistance Breakout and Pull Back Prediction: Bullish USOIL has successfully breached the resistance formed at 110 with a huge buying pressure with the war between Russia and Ukraine. So if the following price action is not going for a fake-out on the breakout formed. Then we may see a...
Market Instrument: XAUUSD Timeframe: H4 Analysis: Technical Structure: Trend Line and Resistance Prediction: Bullish Gold can be expected to bounce back on the following trend line formed where we may see another revisit towards the resistance formed. The bull trend formed on gold recently remains a bit stronger than the ones compared to which we have seen...
Market Instrument: USOIL Timeframe: Monthly Analysis: Technical Structure: Resistance and Continuation of Bull Run Prediction: Bullish USOIL is very clearly approaching the 110 Key resistance which the chart has formed for many years during the price action. If the bullish pressure remains strong and efficient this will easily revisit 110 in the next few...
Market Instrument: ADBE Timeframe: Weekly Analysis: Technical Structure: Support and Reversal Prediction: Bullish ADBE has found the support at 440. The following support level is very clear on both daily and weekly timeframes. Here the bullish candle closing is a good indication for a rally ahead. The target expected during the run is back towards the key level...
Market Instrument: EURAUD Timeframe: Daily Analysis: Technical Structure: Support and Crash Prediction: Bearish EURAUD has gone on a complete meltdown after hitting 1.617 resistance formed. The seller's pressure and the rise of tense situation in Europe declined the value of euro rapidly against aussy dollar.
Market Instrument: US30 Timeframe: Daily Analysis: Technical Structure: Support, Harmonic Pattern Prediction: Bullish US30 is on major support formed on the daily timeframe. Here I have spotted another bullish structure of a harmonic pattern completed on the following support.
Market Instrument: AUDCAD Timeframe: Daily Analysis: Technical Structure: Inverted Head and Shoulder, Neckline, Pull Back Prediction: Bullish AUDCAD created a nice head and shoulder with a good breakout and pull back on the neckline. Here I am expecting a continuation of the bull rally towards the resistance 0.92500 with a good reversal on the following neckline formed.
Market Instrument: EURAUD Timeframe: Daily Analysis: Technical Structure: Key Level, Resistance, Trend Line Prediction: Bullish EURAUD has got revisited the key level once again after the strong bullish rally. This time the drop was pretty strong and reddish to see. Anyway, the following key level looks promising to form as a support and this can support and push...
Market Instrument: SHIBUSDT Timeframe: Daily Analysis: Technical Structure: Support, Minor Resistance, Trend Line Prediction: Bullish SHIB can retest the broken trend line one more time before the lift-off. The minor resistance at the moment showing a sell-off and this can show up as a pullback. After the pull back we have a greater chance of continuing the bull...
Market Instrument: DOGEUSDT Timeframe: Daily Analysis: Technical Structure: Support, Trend Line Prediction: Bullish DOGE is on an important support level where we can expect a shoot-up from this level. Any breakout on the sketched trend line will confirm the expected pump on DOGE. The minimum target expected from this shoot-up is 0.35.
Market Instrument: XAUUSD Timeframe: H4 Analysis: Technical Structure: Key Level, Support, Bear Flag Prediction: Bearish GOLD has been moving under pressure for so long time while the price is moving inside this highlighted key level and support. At the moment price has created a bear flag after breaking out on the ABC pattern. If the price respects the following...
Market Instrument: US100 Timeframe: Daily Analysis: Technical Structure: Trend, Key Level, Support, and Reversal Prediction: Bullish US100 has formed a break-up to the upside and a pull back on the highlighted support. This promises a short-term bull ride back towards the key level or trend line formed. On the daily timeframe, it is very clear that the rejection...
Market Instrument: USOIL Timeframe: Weekly Analysis: Technical Structure: Bearish Expanding Triangle and Key Level Prediction: Bearish On the weekly timeframe, I have spotted this very important triangle formed where it seems price is much controlled and moving nicely inside the structure. If the price is willing to respect the following upper boundary formed...