I think for the coming days we have an opportunity to sell this pair after the breakout of support or neckline. Because with the 4H candlestick timeframe this pair moving smoothly sideways but it also formed the head and shoulder pattern, so if the coming days one strong bearish candle close below the neckline/support level then we have a good opportunity to sell...
After the break of this triangle, we can move with Gold, but before that making, any decision with Gold would be not good to follow up. Because the resistance above the level is good to have an upside trend and also support below could be good for a downside move.
I think we can now go with the sell order from the AUDUSD pair because today the Interest rate about AUD currency published but it wasn't able to make the pair uptrend strongly but last few days we see the trend was completely uptrend and after the break the Bullish trendline it again successfully retest the previous line. So I believe it will continue the...
In the past weeks we have seen very strong bearish moves from the USDCHF pair due to the weakness of USD index, but this week from the first day we can see USD getting very strongest against the other all currency and somehow the pair of USDCHF now following like others, it is making uptrend moves due to enough strength of CHF currency on the market. And this is...
The pair was moving sideways a week ago, and this week after the break the demand of 1.2415 it didn't give us appropriate bearish moves yet and the explanation was it attempting to retest the level however yesterday this pair didn't figure out how to make that move in the upside and today only a couple of moments prior with the one hour light it hit the past...
In the 4 hourly candlestick pattern, I think we could get a sell signal with Gold price from the next marketing day. Because the price has followed uptrend from the smaller timeframe and now it is in a very strong resistance level which is touches twice before and now it is three times, and price still not able to break it and the last candle of 4H just close...
I think next week this pair going to have some bearish movement first to retracement from the higher timeframe like daily or weekly. That's why the last candle of the previous week close below the Bullish trendline, So after re-test the current level if price didn't manage to break above the resistance level of 1.2484 then we have a strong sell signal which brings...
The last couple of weeks the pair of USDCAD moving uptrend and last week it moved as downtrend also. USD index seems very strong and I don't know what will happen from tomorrow with that price with that kind of situation but I like to share my technical point of view on the USDCAD pair, Right on the chart you guys can see the price create a nice potential Bull...