We are seeing that the EUR/USD is finding some resistance at the 1.888 level and could come down to the 1.1637 level. There are 2 possible entry points : 1) At the 1.888 level 2) When price breaks through the trendline
The fact that BTC/USD is going up in the long term is pretty much established. So as an investor there is pretty much not anything to worry about, you just buy and hold and sell when you think Bitcoin has reached its matured established price. But we as traders it is a bit more difficult but here are my thoughts on what may happen.. PLEASE let me know what you...
We have seen the EUR/ZAR currency pair find some solid support at the 19.1380 level.
Reasons gold could be going up. We see that the 2nd to last candle before Friday's close is the doji formation candlestick which gives us the sense of a neutrality in price. We are seeing a triangle formation formed on the daily chart which is a indication of a neutral market, but once we see price moving outside of the triangle we could see a breakout to the...
The Aussie/USD is currently in a ascending triangle formation pattern ... So what I think will happen : Price is going to go up and when it comes to the 0.7333 level it will find some resistance at first but we are going to see a breakout to the upside Why do I think this: 1) Ascending triangle formation
The head and shoulders pattern is almost complete (ALMOST!!) BUT we are still seeing some possible entry points into the market. The head and shoulders pattern will be complete once the price comes back down to the neckline and we can then expect a breakout move to the downside. On this chart we see 2 possible entry levels into the market : 1 ) At this 136.60...
We have been seeing the pound moving up against the dollar and with the whole BREXIT situation and possible no-deal coming end of October and the spike in new Covid cases things are not looking 'great' for the Great british pound. We see price finding support at the 1.3040 level and seeing that the level already proved itself now and numerous times in the past.