Technician

Technician

EURUSD may head to to the upside. Technician

Technician

Outlined potential scenarios for gold in the short term. I still favor the bullish scenario as the main one. Check out, the AUDUSD Trade Idea Technician

Technician

Outlined a potential scenario for the AUDUSD in the short term. The price at the top of the short term rising channel , RSI bearish divergence. Regards Technician Thefxchannel.com

Technician

I believe we could rally a bit further towards my full upside target for my previously published long trade If we reach there, I am looking for new bearish pressures. As the price will be retesting a key resistance and 1.618 extension for the latest pullback. The scenario is outlined on chart. Show your support by liking my posts, and following me. Thank...

Technician

No upside breakout yet. If we break higher we will probably see more upside(Check previous idea ). Alternatively, If we move lower and break the short term rising trend line, i will be looking for a possible retest of the triangle bottom. Would you like to see a daily technical forecast for BTC/USD? So far the numbers are not enough, i will extend the poll for...

Technician

Bitcoin may have started a new uptrend following the breakout above 315 resistance level. The price has been consolidating within a triangle formation and that suggests a possible breakout soon. Bitcoins were supported by the recent risk aversion environment surrounding the global markets and financial system as an alternative. Having that in mind, if risk...

Technician

Looking for a bearish wave in oil. For more confimration look for a breakout below the trend line first. If we take back 34.50 level, outlook will reverse to bullish, For specific entries and targets and more trades check Forex Trade Ideas Regards, Technician

Technician

Technically, we are in a sideways market. A breakdown below 1821 is still not there. And therefore, no new long term bear trend was established.. The recent rejection and buying pressure at that level(1821) suggested that we will probably be in a tug of war between buyers and sellers, and could witness more indecisive sideways fluctuations. Key Levels outlined...

Technician

Outlined on chart my playbook and potential scenarios for oil in the short term(Few days). For Daily Updates on Oil:Check out the Oil Forecast Regards Technician

Technician

Dow Industrial along with other indices have hit key support levels. Where I expected a bounce in the short term(see related links below). I have posted a long trade in my Forex Trade Ideas section, that has been going pretty well. The price is very close to first target. Which is a the neckline for the potential double bottom pattern that's in play. A...

Technician

Copper failed to confirm the new low in crude oil. Looking for a short term rally for a minimum target around 34.50. For more trade ideas thefxchannel.com Best Regards, Technician

Technician

Outlined on chart my playbook and potential scenario for Gold in the short term(Few days to few weeks), and medium term(Months). Probably heading for a pullback in the short term, but we could see a rally and a breakout in the medium term. For Daily Updates on Gold:Check out the Gold Forecast Regards Technician

Technician

Outlined on chart my playbook and potential scenarios for EURUSD in the short term(Few days to few weeks). Probably heading for a pullback in the short term, yet we could see a rally again later. For Daily Updates:Check out the EURUSD Forecast Regards Technician

Technician

The chart is self explanatory. A well-defined long term sideways trend . We had the last test of the top of the range in late 2014, then we broke lower. Trend line break and 5-Year Moving average break. Are we heading towards the bottom? thefxchannel.com Best Regards, Technician

Technician

Apple shares completed a major bearish reversal pattern recently by taking 106 key support level. I am looking for a retest of the long term rising trend line as a minimum target. If we break below the rising trend line, we could see apple shares around $55 :D. What a fabulous bargain it would be. For more trading ideas thefxchannel.com Best Regards, Technician

Technician

A bearish breakout would be a bad omen for the stocks bulls. And would confirm my bearish view for the stocks market. We have broken below the main long term rising trend line recently, a follow through the major support level around 115.50 would be seriously bearish for the pair and for risk around the globe. More about the stocks market in the related ideas...

Technician

This is a quick illustration of gold's possible scenarios for the coming week. Regards, Technician thefxchannel.com

Technician

AUDNZD Looks ready for more upside in the near term. A good long opportunity in my view. The dovish tone from the RBNZ and above than expected CPI numbers in Australia should support the pair. For Trade ideas and daily updates: thefxchannel.com . Best Regards Technician