As we can see in the chart FB has broken out of the half year downtrend which means we can finaly go up again. After rejecting from the 0,236 Fib level we could see a retest of the downtrend line before going up further the the 0,382 Fib level.
USDCHF - Strong Resistance level
EURUSD - Wait for breakout confirm
We are currently in a Bullish Wedge which means I expect a breakout to continue the Uptrend somewhere this week.
After a good breakout of the Downtrend we are currently at the Support level of the pullback. I expect a raise to around 3.800 from here on.
USOIL made a good rally up after making a 1,5 year low of 42.35. How ever I expect a small drop to around the Uptrend line. If the Uptrend line won't be broken we could see another pump to the Resistance level of ~54,20. To be updated
As we can see in the chart the Support zone is holding quite well. If the Support zone won't be broken we could see a nice long to the first Resistance level of 0,98500-0,98600.
After seeing a breakout of the big symmetrical triangle twice at the upper side, we now have our second break at the downside of the Triangle. USD made a huge jump today, so we might have to wait for a confirmation before entering this short.. To be updated!
If this pullback will reach the Support level of 0,97900 we could see a double bottom. After that double bottom we could see a raise to 0,99500 somewhere in the first week of 2019.
After a short break of the Support level of 0,30 Ripple is now back on it's way up. I expect a raise to 0,375 in the next few days. 0,375-0,38 Will be an import Resistance for Ripple to break. Good luck trading and follow me for more of my analysis!
ATM we are nearing the Support level of 0,67550. If that Support level holds we could see a raise to the first Resistance level of 0,68150. We could see a small pullback before raising further to the second target of 0,68425. Entry: 0,67550 TP1: 0,68150 TP2: 0,68425 SL: 0,67495
After hitting our targets absoluty perfectly last trade we can now see a turn around. I expect we will be back at the Resistance level of 113.650 by Friday. Entry: 112.300 (I already entered) TP1: 112.600 TP2: 113.175 TP3: 113.650 Goodluck!
At this point USDJPY is at the Resistance level of 113.200, if it will break and close above the Resistance level we could see a raise to 113.650. If USD/JPY can't break the Resistance level we could see a drop to the Support level of 112.600. Goodluck trading and follow me for more of my analysis!
EURUSD is currently at the pullback to the symmetrical traingle. I just entered the short to the first support level of 1.12700. Second target is 1.12175. Goodluck!
After hitting the Resistance level of 113,650 a few times without a good breakout we could see a drop to the first Support level of 113,200. If that level won't hold we could see a further drop to around 112,600. Our last target is 112,275. Entry: 113,625 TP1: 113,200 TP2: 112,600 TP3: 112,275 Goodluck and follow me for more analysis!
At the moment we are at a crucial Resistance level for NZDUSD. If it manage to break the level we could see a raise to around 0,69200. If the Resistance won't be broken we could see a drop to around 0,68500. Goodluck trading and follow me for more of my analysis!