Sakida

Sakida

Price stands at a major resistance, previously a major support. This resistance is also a 79% retracement from the high at 0.70300 to the low at 0.55100. My thougths are that, based on the confluence of price at a major resistance and it being at a major retracement level, we should expect a break in the current uptrend on the H4 and H1 and a move to the downside.

Sakida

With the bullish flag formation, I see price may move up to the previous resistance, possibly break it.

Sakida

This pair has held quite well in bouncing price off resistance. The formation of a nice uptrend is also remarkable. If the resistance should hold and price breaks to the downside, we may see more falling to lower levels.

Sakida

Do keep an eye on this pair for the next move after a break of the consolidation

Sakida

Price most likely to fall further. On the hourly timeframe, it forms this nice DOUBLE TOPS and continues to break the upward trendline. There's no better way to than to think that price will fall lower. Wait for a pullback to near the trendline to put your trade with your stops just above the double TOP. Lemme know what you think about this pair.

Sakida

Price had consolidated over some time now and there's a break to the the upside. I expect a retest of the consolidated area and a move to the upside continue from there.

Sakida Updated 

The EURUSD is near the support of a trendline and most likely to continue its trend to the upside.

Sakida

On the 4hour chart, we see price in the mid of a BREAKOUT from the downward trend. If this is successful, we can have a retest and price will move back up to its previous high over the next few days.

Sakida

The is a 'flag' on an uptrend formation and RSI shows price in an overbought region. With news release imminent, the most logic direction of price movement is a continuation by a break to the upside