Price is yet above the channel, finding resistance around 76.40 zone with an ascending triangle in place. I will be looking out for either a break above the 76.40 zone with retest to set price higher, the next zone will be around 84.00 as long term target, while a break below the ascending triangle will set price lower exposing 72.00 as target been the next level...
I will be looking for possible retest of the 94.90 zones with rejection for more downside, i think this should our guide for holding long term target on USD pairs.
I've been talking about EURUSD long bias for a while now. Price break above the long holding bullish FLAG and channel on the daily timeframe, It evident price is in an uptrend, i will be looking out for how deep this possible reversal coming up can be before rejection for uptrend continuation, I think keeping eyes on the 61.8Fibocacci zone of the recent swing high...
If you've been following my page, you'll notice the 100's of pips count we've been profiting off on CADCHF . I've been talking about this BIG SELL OFF, and here we are having it playing out nicely since last week... Price break below the BEARISH FLAG and DESCENDING TRIANGLE i talked about, i like to see that we are having some pullback, in my opinion i think...
Price is still above the long holding descending channel, with a range bound market between 72.50 and 76.55 zones.. The resistance zone at 76.55 have bee holding since 2019. Inside the range bound we broke above an ascending triangle with several retest of the resistance zone of the triangle turn support, we also have this consolidation on 1H chart we just broke...
Price is technically in an uptrend on the daily and weekly picture. Now we've this range bound market to think about for possible profitable calls, inside this range bound we just broke above an ascending triangle with retest holding at the resistance of the triangle turn support @114.40 zone. I will be looking out for possible reversal to the 61.8 Fibonacci zone...
In the overall big picture price is in a downtrend, with price getting back to the zone of the downtrend line holding since 2015. We've this ascending wedge to think about, which we've a push above for price to get rejected from a double top resistance zone with several touches and rejections off the zone since 2019.. I'm expecting price to sell to the 1.2935...
Price is evidently above the long holding BULLISH FLAG. On Friday price also break above the double top resistance @124.35 zone, i will be looking out for retest of the zone with rejection to set price higher, 127.00 will be the target as that's the next level of resistance to look out for.
Price is getting in getting back inside the long holding ascending channel and now in a range bound market, a break above with retest @1.6600 will definitely set price higher, while rejection off the zone will definitely sent price lower, with the candle formation on 4H and 1H we've a bullish and also a wedge pattern we are yet to have a clear direction of where...
Price is very much in a downtrend with price below the lower bond of the descending channel, which i will consider as a BEARISH flag for the next sell POLE, looking at the big picture WEEKLY/MONTHLY picture of the pair... Technically price is a range bound on the 4H chart which is what we will be working with for now, until we break above or below it... We have...
Price is evidently in a range bound zone on the big picture, with all time trend been a downtrend. Price is getting to lowest low area with some spaces to the left. I think a rejection in this zone can set price higher, as price is yet in a descending channel on 4H chart while a break below 0.9185 will set price lower that means USD still very much in control.
It evident GOLD is a really trending pair as i've always said GOLD to be, we are approaching the all time high around 1920.00 zone.. that will make a double top with alot of space to the left where price haven't traded since 2011. An evident rejection could possible set price lower as reversal and 1787 will be target while a break above all time highs will set...
We just broke below the lows at 95.31 zone and the next level of zone is at 93.85, i will be looking out for rejection price in this zone for a possible retest of the 95.31 we broke below, while a break below 93.85 will set price lower..
USDCHF is evidently in a downtrend channel, with price respecting the upper bound line of the channel along.. We also have a kind of descending triangle which most cases indicate possible sell setups, with the supports of the 0.9380 zone.. In my opinion maybe we will have an HEAD & SHOULDER formation,if price will push up to 0.9435 zone with rejection, with the...
For few weeks now I've been talking about about this possible LONG on EURCAD, price is yet above the BULLISH FLAG and also above the ASCENDING TRIANGLE, price got rejected at 1.5540, price still close below the zone last week. I think if price break above the 1.5540 that will set price higher to 1.5800 zone as long term target.. While a possible break below 1.5430...
GOLD is evidently yet in an uptrend. Price is now in a range bond or side ways trading, we need a break above and retest of the resistance zone of the range bound at 1814, which will set price higher to possibly the highest high at 1840 as target, as that's the next level of resistance and a break below the support of the range bound at 1790 will set price lower...
I've been talking about the possible big sell off on CADCHF for weeks, which i'm still very much interested in. Even do we saw a break above the descending triangle but we didn't had much up run, we are back inside the triangle at the closing of the week.. I will be looking out for a break below and retest at 0.69110 zone to set price lower or possible retest of...