OANDA:GBPUSD is nearing a key supply zone that has been a critical area for bearish reversals in the past. The current price action suggests sellers may regain control at this resistance level. If bearish patterns appear, such as long upper wicks or bearish engulfing candles, I anticipate a move toward 1.25890. However, if the price successfully breaks and...
OANDA:AUDNZD is approaching a significant support zone. This zone has consistently acted as a key area of interest where buyers regained control, leading to notable reversals in the past. The current moves suggests the potential for a bullish reaction if price action confirms rejection through signals such as bullish engulfing candles, long lower wicks, or...
OANDA:GBPZAR has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high...
OANDA:NZDSGD has reached a significant resistance zone. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in. The current market structure suggests that if the price confirms a rejection from this resistance, we might see a move lower toward the 0.76670 level , a clear target based on past price...
OANDA:CADCHF Is getting closer to a resistance zone that has times before lead to strong bearish momentum. A confirmation of selling pressure, such as a bearish engulfing pattern or multiple rejection wicks at the resistance level, would increase the likelihood of a downward move. If sellers take control at this zone, the pair could move downward, with a target...
EIGHTCAP:MXNJPY has reached a significant support zone, which has historically acted as a strong demand area. Previous price action suggests buyers may step in here, increasing the potential for a bullish reversal. If the price holds above this level and confirms support, we could see a move higher toward the 7.50700 level, which represents a logical target...
OANDA:EURNZD is currently in a significant support zone, which has times before been a turning point for bullish moves. The recent bearish pressure brings the price into this critical area once again, creating a potential buying opportunity. If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move...
OANDA:USDCAD recently broke through a significant support level, creating an opportunity for further bearish movement. The market is now retesting this level. A rejection off this area could push the price lower toward the 1,4120 level, confirming the breakout's strength. A failure to hold resistance could indicate a continuation of the bullish trend. Traders...
OANDA:NZDSGD has reached a clear resistance zone, an area where price has previously struggled to break through. This level has historically acted as a strong supply zone, making it a key area to watch for potential reversals. If sellers step in and confirm a rejection from this resistance, we could see a move lower toward the 0.76570 level, which aligns with...
OANDA:XAUUSD is currently at a clear resistance level that has acted as a zone for bullish momentum. This could signal a potential selling opportunity. If bearish signals, such as rejection wicks or bearish candlestick patterns, emerge, I expect a move toward 2,912 . On the other hand, a breakout above this resistance could weaken the bearish outlook. Just my...
OANDA:EURNZD is approaching a clear support zone, marked by prior bullish reactions and buyer interest. This zone has consistently reversed bearish trends in the past, making it an interesting area to watch. If buyers step in and confirm the support with bullish price action, such as long lower wicks or bullish engulfing patterns, I anticipate a move upward...
OANDA:USDJPY is inside a support zone, which has been a turning point for bullish move before. The recent bearish pressure brings the price into this area, creating a potential buying opportunity. If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 152,750. However, a break below this...
OANDA:EURSEK is in a significant support zone, which has been a turning point for bullish moves. The recent bearish pressure brings the price into this critical area, creating a potential buying opportunity. If bullish signals appear, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 11,364, . However, a break below...
OANDA:EURNZD is currently trading in a clear resistance zone that has consistently acted as a barrier for bullish momentum. This area aligns with prior supply levels and could attract some seller interest. If rejection patterns, such as bearish engulfing candles or long upper wicks, emerge, I anticipate a move toward 1.83500 . However, a break above this zone...
OANDA:XPTUSD is approaching a significant resistance zone, an area where sellers have previously stepped in to drive prices lower. This area has previously acted as a key supply zone, making it a level to watch for potential rejection. If price struggles to break above and we see bearish confirmation, I anticipate a pullback toward the $1,021 level. However,...
CAPITALCOM:WHEAT is testing a major resistance zone that has previously led to significant bearish reversals. The recent bullish momentum into this area increases the likelihood of seller interest. If the market shows bearish confirmation through rejection wicks, bearish engulfing candles, or increased selling volume, a move toward 579.9 seems likely. But, a...
OANDA:GBPAUD is approaching a key support zone. Previously, this area has acted as strong demand, leading to significant bullish reversals. The ongoing bearish momentum suggests sellers are driving the price toward this level, where buyers may step in. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks,...
FOREXCOM:GBPNOK is approaching a key support zone that has previously acted as a strong support for bullish reversals. With the current bearish momentum bringing price into this zone again, it presents a potential buying opportunity if buyers step in. Signs of bullish strength, including rejection wicks, bullish engulfing patterns, or increased buying pressure,...