TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, We're observing robust resistance at the 1M mark of 17996.422 for NAS100, suggesting potential fluctuations ahead. However, it's crucial to note that the overall trend continues to favor bullish sentiment. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, The S&P 500 is showing impressive performance with adjusted supports, indicating further potential for upside. We're approaching a significant monthly resistance point at 4998.266. It's noteworthy that we've recently reached another all-time high at 5003.22! TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, Although LTC/USD has been advancing at a slower pace than anticipated, the overall forecast remains unchanged, maintaining a bullish outlook. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, The outlook for BCH/USD appears quite promising at this stage, with further upward potential anticipated. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, Approaching stronger resistance levels on the monthly and yearly time frames for ETH/USD warrants caution. However, the overall projection remains bullish. Should the price successfully surpass monthly resistance levels, it will unlock a new trading territory for Ethereum. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, If the BTC/USD price remains consistently above 45096.393, we anticipate a bullish momentum towards significant monthly resistance levels. Moreover, if the price manages to exceed and maintain levels beyond 48261.335, there's a likelihood of challenging the robust yearly resistance levels. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, Our analysis from last week on NZD/JPY proved to be advantageous, and at present, we anticipate further upward movement in the pair. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, The EUR/JPY has shown adherence to our support levels, indicating potential for continued upward movement. A stable price position above the 1-week pivot point would likely facilitate additional gains. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, AUDJPY has recently revisited the 1M Pivot Point at 95.948, as well as prior 1M Support levels, as discussed in the previous analysis on AUD/JPY ( ). Notably, these levels have served as support. Presently, there is a dense cluster of support around various timeframes, notably 1D, 1W, and 1M, indicating a robust support zone that typically signals...

TradeWithTheTrend3344

Hello Everyone, We've witnessed another challenge to resistance levels in the USD/CAD pair, followed by a subsequent decline. Presently, the price sits below the daily resistance levels and pivot point (PP). Our focus now shifts to a potential retest of the PP points, allowing us to gauge the market's reaction. Additionally, it's noteworthy that we've recently...

TradeWithTheTrend3344

Hello Everyone, The 1-year support structure has undergone testing, with the price discovering support at 0.60924, marginally above the robust support level of 0.589779 established over the past year and the 3-month low at 0.58581. With support found, attention now shifts towards identifying pivot points and resistance levels to be challenged. A promising uptrend...

TradeWithTheTrend3344

Hello Everyone, The projection for the AUDUSD remains consistent with last week, with no changes observed. Although there has been a slight adjustment in support levels, our expectations remain unchanged. Our current priority is to sustain a price level above the daily Pivot Point (PP) and subsequently aim to secure a price point above the weekly Pivot Point (1W...

TradeWithTheTrend3344

Hello Everyone, The USDCHF has recently tested the one-year pivot point (PP) and encountered resistance, indicating a potential bearish trajectory. Further price action following upcoming news events will provide more clarity, but currently, the outlook appears bearish. Confirmation of this bearish sentiment will be reinforced if the price remains below the daily...

TradeWithTheTrend3344

Hello Everyone, Currently, we're progressing steadily towards maintaining a bullish outlook! To anticipate further bullish expansion, we require the price point to surpass the 1M PP and stay above! As mentioned, the outlook appears exceedingly promising at present! TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, Currently, we're seeking a position beneath the 1D/1W Pivot Point, followed by a reevaluation of the 1W Support framework. Subsequently, we anticipate a decisive price dip below the 1M Pivot Point to validate a thorough examination of the 1Y Support structure. Additionally, we must remain vigilant as further resistance testing may occur...

TradeWithTheTrend3344

Hello Everyone, Thus far, the 1M/1W support structures have demonstrated remarkable resilience. Presently, we seek a sustained position above the 1D Pivot Point (PP) to validate the upward trend. Should the 1D PP pose as resistance in subsequent stages, exploring further support testing could become the subsequent course of action. TradeWithTheTrend3344

TradeWithTheTrend3344

Hello Everyone, Currently, the 1M/1W/1D levels may serve as either support or resistance. If they act as resistance, a potential move to test the 1Y PP is plausible, albeit not highly probable. Nevertheless, the overall trend remains bullish, and to sustain this momentum, we anticipate the price to consolidate above the 1M PP. TradeWithTheTrend3344

TradeWithTheTrend3344 Updated 

Hello Everyone, We anticipate a test of either the one-week low or possibly the one-month low before witnessing a bullish continuation. TradeWithTheTrend3344