Raniawagdy

Raniawagdy

With no reason to move up, BTC is getting ready to go down to retest $ 16.025 levels. What is happening in the world right now putting more and more weight on Cryptocurrencies and BTC prices: job cuts Covid is spreading like rapid fire throughout China. Ukraine War which not coming to near end. Inflation and massive energy bills with nothing...

Raniawagdy

BTC continues the weak-upside move today backed up by an inflation report from the US, currently, BTC testing its near-term resistance around the 24700-25000 zone (50% retracement fibo from the end of May top at 32000), breaking up the 25k area which is the more potential scenario with available room to move up, will open the way up towards 26.5oo-27.500 levels...

Raniawagdy

Microsoft stock from a technical view has some space for some up movement •MSFT Stock has broken above inverted H&SH pattern still not hit the pattern target at $302. • Down channel is broken in the last up move with a successful retest. We expect the up move to continue towards $300-$302 levels to hit the H&SH pattern target, before reversing back towards...

Raniawagdy

Apple buying pressure towards a critical resistance zone of $170-$173, backed up by news that @AAPL is in talks to acquire streaming rights for big ten athletics and a possible lunch of their new USB-C case for iPhones.from a technical analysis view, AAPL managed to hold the $163 support zone with enough space to hit $170.20 level next, which expected to play as...

Raniawagdy

Ahead of the highly-anticipated US July inflation report, The USD dollar is looking for demand and EURO USD is ready to breach the long waited resistance. EURUSD has formed a symmetrical triangle on 4h Charts, in addition to a price action that builds up toward the long waited resistance - 1.0240 (Fibonacci 38.2% retracement of the latest downtrend), it is...

Raniawagdy

it seems that NZDUSD decline has reached its end, price action building for a near-term rebound align with bullish divergence. breaking through 0.6950 will trigger the expected up move towards 0.6980 -0.7000 next. Trend following selling orders can be opened again around 0.7000 levels.

Raniawagdy

Gold continued to push lower toward the 1780 support level, amid The benchmark 10-year US Treasury bond yield climbed to a fresh monthly high of 1.667%, markets keep pricing a sooner-than-expected Fed rate hike. For me I am expecting a short rebound from current levels towards 1815 then 1835 next, daily close below 1780 will delay the rebound till visiting the...

Raniawagdy Updated 

after short pause , AUDUSD is ready to resume the uptrend and Target 78.2% Fibo level @ 0.6400 as long as it keeps trading above 0.6000.

Raniawagdy Updated 

Gold fall from 1600$ levels extended to 38.2% fibo retrenchment levels after retracing to 38.2% fibo levels, 1 hour RSI is oversold and turning up , gold is ready to head back to 1595-1600$ levels again.

Raniawagdy Updated 

After Positive results for NFP last Friday , gold retraced quickly from 13000 level again towards 1289.30 . Gold price action in recent days signal that the down move is not over yet and we may see another down wave targeting the 1281.90 support area .

Raniawagdy Updated 

Bitcoin ended 29th may trading day with bullish engulfing pattern , which closed inline with the down side of symmetrical-triangle in very short term BTC expected to retrace to 7340-7400$ level , before bullish move start . once price managed to close above 7560$ level , the bullish pattern will be activated and price expected to target 7750 then 8040 -8160 $ levels .

Raniawagdy

After retracing from the down channel upper side , gold found good support in recent short up trend . keeping 1295 level will support moving up towards 1304.10 level .

Raniawagdy Updated 

Sell AUDJPY after breaking the current low @87.30 , targeting 85.90 , Weekly double shooting star candle pattern plus Eve and Adam double top on 4H confirming more weakness for the pair .

Raniawagdy

Decline from highs expected to continue this week with selling pressure on GBP after bank of England statements last week , retesting 1.3150 will give good short opportunity .

Raniawagdy Updated 

Short AUDJPY , weekly strong resistance plus a pin bar , 4h chart potential head and shoulders pattern supporting selling the pair . stop lose above the high of pin bar , target 85.50 area

Raniawagdy Updated 

Short EURUSD RISKY TRADE before the FOMC statement today , Shooting star candle pattern plus strong resistance 1.17 and divergence cci , we may see decline from this area between 1.1660-1.1680 targeting 1.14 area . stops above 1.17

Raniawagdy

BUY CADJPY , after breaking the neckline for the inverted head and shoulders , targeting 101.00 . in case in reversal from current area around 89.00 , we will wait for 85.00 to buy from there for 89.00 first then second target at 101.00 .