Right now, the burst of optimism is enough to bust EUR/USD above the falling channel that’s been containing the euro since the start of the year. What’s more, the resistance level was also supported by the SMAs and the top weekly ATR on the 4-hour time frame! Are we seeing a legit upside breakout for EUR/USD? Or will today’s spike translate to a fakeout...
In case you missed it, the European Central Bank (ECB) recently underscored its dovish stance by sharing that downside risks have proven “somewhat longer lasting” than previously expected. Draghi and his gang also said that it’s ready to “adjust all its instruments” in case of weaker growth and inflation prospects. Last but not the least, it doesn’t look like...
OANDA:CHFJPY For the moment they are from this pair of currencies where the indicators and strands of the butterfly and the wave of elliot have reached the end of the control received by the sellers but it remains only to see how will close the last candle and look at the Asia exchange that will open for a little ore
As for this pair by itself, if we can break above the ¥112 level, we are very likely to go looking towards ¥114 above. By contrast, if we break down below the ¥110.50 level, we will test the ¥110 level, and then possibly the ¥109 level after that. That being said, the pair seems to have less resistance than support in the vicinity, so that should always be paid...
GOLD has just broken the support and is located in zone 1307.30 we are already expecting to reach 1300 to see if it will break and this resistance to further
Floricus is returning to the previous area after the collision of MA 100 and MA 200 and we are already aiming at returning to zone 1298 and then looking for the latest changes after the arrival of this zone
The crossing of MA (100) and MA (200) has no doubt that now the strong rise of GOLD in stratospheric figures is expected and we expect something good and fast lifting.
The price bounces from 1.12000 support level . RSI confirms the price reversal and MACD histogram supports the further upward movement. DMI is still bearish but ADX line falls. It tells us that sellers are not so strong for pushing the market lower.
EURUSD no longer doubts it is all up in the waiting until we break the border of 1.1230 and here we are climbing to fix everything and stabilize the situation from last week. EURUSD 4H CHART / RESISTANCE & SUPPORT
AUDJPY - The price has touched the resistance zone, this is a model where it is expected to break the share of resistance and reach the great reward and reward
The latest stock market growth has sent DAX to the top. So the channel level has been broken down to 11,990 and we can recover from an increase of 12,140. Then you will see a decrease of 11,880 and a breakdown of 11,690 to continue with you at 11.150
EUR/USD can be restored again in zone 1.13 but we still expect a little stabilization.
There's a bearish Harami on daily. Education(HARAM): This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the...
Today I introduce you to the slow stoch analysis where we will see that if the arrow part goes above then we have a very strong signal from the bulls but if the bow reaches the bottom the salespeople will try to break another resistance in 1287 and continue with down to 1280.
Before the NFP news we predicted by stoch indicator how the market would go, we already have a fairly clear view ... Because Gold is now forecast to go to point 1298 and 1300 because stoch slow (6,10) is going up
Great little entry there broken above the triangle and retested. This is in the case the price drives up higher than we anticpate (possible given the more recent scenarios i just posted)
CAD/JPY SELLER ON POINT has reached a point where it is not known whether it goes high or goes down but know that we have to expect the support break in point 83.3 where this would be a very powerful success for the seller and a lost round for the buyers since it will be quite difficult to set up and manage to keep the market in check. This would send us to...