A big chance for a retesting the lower descending trend line to push the Euro much higher
There is a huge bearish momentum in the Euro Jpy where the BoJ is pushing the Yen up again. this all is in contrast with the dovish statement of the European central bank.
The Euro Against NZD is trapped in a triangle that likely is going to fall. hit the trend line and go higher. for this idea is that this triangle is simple enough the retracement of a higher timeframe. the policy of the Reserve bank of New Zealand is still dovish and a lot of downside movement in NZD is expecting.
the CADCHF broke the Trendline and retested it. now it is following a clearly downside movement to make an. double bottom togo bullish again. this downside movement is just a retracement for the current level. after 74.000 CadChf will rise again. to a target of 0.79. mason for this is that I believe that CAD has scope a strengthen further, extending its recent...
we are facing a probably a bullish scenario.the next days will be show it.if it breaks the supply, we can expect a lot of bearish movement. the daily ended with a inverted hammer
The Academy Traders: AudCad broke the ascending trend line with a clear ABC. It is also a rejection of the monthly resistance. expecting to be hit the -27 of the fib and even lower.
USOIL at the weekly keylevel 66.50 and ABC the bullish channel.expecting the upcoming days for a sharp break to the next keylevel IG: devranxo
nice rejection from the .50, GA is going the the .50 level of the fib which aligns with the key level IG: Devranxo
the weekly decending trend line is broken. the usdchf re-rest the line and bounced back from the key level. prediction is clear bullish IG: Devranxo
We see in the weekly chart a huge retranchement. in the second chart we see that the day broke the TL and is forwarded to the lower levels. it retraced from the -27 fib level. expectations are: little bullish periode for the upcoming days. probably next week a big short
the GJ has tested multiple times the bullish trend line after a break. it is been messy al week. but expect a clean break.
the main bias is Bullish. the EU broke the channel is and is probably heading for a re-test and a breakdown.
The Academy Traders - NZ broke the decending trend line and is now heading to the the 71.300 level.