Price action on EURJPY is looking interesting as price is approaching a zone of interesting, to pick side for the next continuation impulse move or reversal. Price is still trading inside the multi year WEDGE pattern on the weekly chart, connecting the 2000 low to the 2008 high with several others highs and lows as price continue trading inside the WEDGE pattern...
On NZDCZD price is technically in an UPTREND, trading above the long holding 3years BULL FLAG or CHANNEL which price break above in June 2020, and since the time of this break out until now, we've this WEDGE PATTERN forming up, which price also break above last week, we also saw rejection at a double top resistance zone, where price have not traded since July...
NZDCAD price is still trading inside this big WEDGE PATTERN on DAILY and 4H chart, on Friday price got rejected off the resistance zone of the WEDGE PATTERN at the third touch. So i will be looking out for a retest of the resistance zone in the next week, rejection will mean price still want to continue inside this pattern and definitely set price lower with...
GPBUSD price is still tehnically in an UPTREND on 4H chart with the UPTREND line extending from MAY, we now have price back at the level of resistance where price rejected in October 21st. Rejection in this zone will set price lower with target at the next level of support around 1.2900. WHILE a move above the resistance zone at 1.3176 with retest holding will...
On EURUSD price is still very much technically and intactly in this UPTREND, trading above the multi-year WEDGE PATTERN i've shared and talked about in the past week. We also have this BULL FLAG on the 4H and DAILY chart, inside which price have been trading since JULY, in my opinion i think this is simply price, price trying to gather strength for the next...
I think things are really looking interesting for USDJPY, as we get to see some momentum that cause the break below the support level at 104.20 which i've been talking about for weeks now, this support level been holding since 2018, before we had a break below with the Corona Virus surge in March and did had a weekly close above back then. Price is technically...
EURUSD price has been in an UPTREND since March 2020 until now, following top down analysis price been trading above the multi-year WEDGE PATTERN since july, we've this kind of BULLISH FLAG forming up on the 4H chart which i outlined on my mark up, price has been trading inside the said FLAG since we broke above the multi-year WEDGE PATTERN. Last week price...
I think DXY will worth watching through this US Election period, as we all know one way or the other the US Election been now will have an effect on the DXY, for me as a Financial trade this is my first time of experiencing US election as a trader and i'll like to keep tab on the movement on DXY. Technically price broke above the downtrend line we've extended...
GBPUSD price is looking really interesting technically, we can't but not think about what effect the US election will also pose on the pair, either a short or long term effect. I'm so in tune with the pair technically because i've been looking forward to what the monthly close of the month of October will be, maybe that will give us a clear direction of movement...
I've had a number of analysis in the past few weeks on USDJPY considering the higher timeframe and long term trend on the pair, but this week, i will like to keep it simple with the pair as we have a simple setup to follow until we've a breakout or switch in momentum. The pair is in this range bond zone between 104.20 and 107.00 i've as well talked about in the...
Following top down analysis with price action, price have been trading inside this particular range bond zone between @ 1.8240 and @ 1.7200, which is indicated on my chart, inner this range bond, price just broke below a BEARISH FLAG , which price we've been trading within since August, this Friday we did had a daily, weekly and monthly close below this BEARISH...
I've had a number of analysis in the past few weeks on USDJPY considering the higher timeframe and long term trend on the pair, but this week, i will like to keep it simple with the pair as we have a simple setup to follow until we've a breakout or switch in momentum. The pair is in this range bond zone between 104.20 and 107.00 i've as well talked about in the...
Following top down analysis with price action, price have been trading inside this particular range bond zone between @1.8240 and @1.7200, which is indicated on my chart, inner this range bond, price just broke below a BEARISH FLAG, which price we've been trading within since August, this Friday we did had a daily, weekly and monthly close below this BEARISH...
GBPUSD price is looking really interesting technically, we can't but not think about what effect the US election will also pose on the pair, either a short or long term effect. I'm so in tune with the pair technically because i've been looking forward to what the monthly close of the month of October will be, maybe that will give us a clear direction of movement...
NZDCAD have been the pair i've been trading through this month with all trades coming out good. On the 4H chart ,we have this BIG WEDGE pattern in which price have been trading within this said WEDGE since July 2020, now price back to the upper ray of the WEDGE, we saw clear rejections since Wednesday likewise today, we also have this thing, i love about...
EURAUD as a pair is looking interesting to me right now, because price is on this significant zone of interest which , i think should be a point of interest for all trader intending to pick a swing trade on the pair as either direction which the pair choose to continue moving will post hundreds and possibly thousands of pips for possible long term trade. Price...
Price is technically in an uptrend on the 4H chart with several higher lows, we've the 1.3000 resistance zone been holding since September 10th, until Friday last week when we have a clear break above the resistance zone, which then give us a daily and weekly close above the resistance zone. In view of that, we also have an ascending channel pattern inside which...
EURUSD is still technically in an UPTREND until July till now that price has been chopping back and forth trying to make a decision of which direction to pick, i think things are happening around the US dollars, i mean the US election, amidst COVID-19 recording more cases and the likes. We've to keep in mind the multiyear wedge pattern on EU which price is still...