Looking over the AUD/CAD chart, This is what I came up with, It's possible for OANDA:AUDCAD , To continue uptrending up until 0.96900, This can be a long-term trade, here are some of the insights into these graphs, that give enough information of why I think we might be going back up again : The Relative Strength Index is about to reach the 30.00 Mark, Which...
Buy AUD/CAD, Fundamentals are on our side as CAD is expected to plunge down: Key points: Uptrending trendline Support at touch of trendline
XAUUSD has had an up and down movement, Which i could not even come close to realizing where the graph might be heading, But i see some meaning to the pattern now, Generally the graph is downtrending and it has a strong resistance at the 1940 Levels , Here are the key points for me to consider selling: The trend is downtrending It is about to reach a...
Looking over gold, the 1D/1W support was reached and it had a change of direction, this graph is now trending to the downsides.. I think gold will turn at 1940.00 Levels which are the levels that this graph has tried to break above in a 4H timeframe graph... This are the key factors supporting my analysis: The 1H RSI has reached the 70 mark ,meaning we may...
Looking at the technical analysis of BTC/USD, I Came up with two ideas about the whole current situation, a few months ago,I analyzed this crash we are currently in, and the link is here : and on the analysis the idea was that it was going to dip up to 14K area, that idea is in action, but I see a new potential support area at 29K which can make it hard for...
BTC MAY be looking forward to continue with its bull rally,after rejecting support and touching the trendline the cryptocurrency may aswell be looking to go to the ATH at 60k Values,Perhaps even further
Looking at GBP/JPY ANALYSIS from the 1D timeframe, there has been a downtrend in price, which started last week, the decline started at the levels of 153.275 and now it has reached a support level at 151.295, By this, I can see a potential for a reversal back to the resistance levels at 153.275 here is a list of things I looked at before taking my direction : ...
After careful thought and analysis with technical indicators,I think btc will still plunge down to 13k areas following chart will display that:
Find out in the next day of trading EUR/USD.... okay,after a while looking for a long term signal on eurusd,i think we have finally reached that level of support which can be a potential buying point, here are the key factors for my analysis : The 1D & 4H RSI has reached the oversold area The graph is in an uptrending movement,since 23 March 2020 The...
With GJ reaching the 1D Resistance, we can definitely lookout for a really long short, My channel is currently trending upwards, So the movement is more like a reversal of the trend 4H TIMEFRAME The 4H Timeframe shows this clearly that the graph has reached a point in which it is unable to break above of,I also added an indicator call Relative Strength Index...
Looking over GBP/JPY Over a couple of weeks ago, the graph is trending upwards and has been respecting any support, and continuing with its upwards movements, today here are the key factors for buying GBP/JPY from my perspective : Support at 154.650 areas The relative strength index, is approaching oversold, so we have to squeeze in the last Long's
Looking at EUR/USD there are many possible triggers of an upward movement firstly : The support at 1.21550 areas, which in turn has made ahead formation 4h relative strength index HEAD and SHOULDER pattern about to form, with a new shoulder at the level of 1.21750 - 1.21880 The bullish trend Support and Resistance
During the past few weeks GJ has shown a strong upward movement, which resulted in a bullish trend channel, during this trend GJ has been having high momentums on Long candles and also short bearish candles, which act as retracements, now GJ has been unable to break below the area of 153.500 for quite a long time, thus we have decided to treat this level as our...
After looking at XAUUSD, I see a potential for it to retrace back down to 1794 levels, this is supported by the following points: 5min Resistance that has formed The candles have hit the resistance of the upwards channel and failing to break above it. The Relative strength index of 30min Upwards is overbought, we have to go down now If planning to take this...
Support and Resistance, Looking for a reversal candle on the 15min Timeframe, then call the shots for a long position.
After looking into OANDA:XAUUSD On the 1D timeframe, there was a support area it failed to break, it then had a reversal from the downtrend movement, and now I think it's possible for OANDA:XAUUSD to be uptrending, here's a take on what I looked at : The trend(UPTREND) 1H and 4H Channel Support Levels in 4H and 1H RSI oversold Support and Resistance
Takes on NAS100 IDEA : The trending channel The support level that it is failing to break at the levels of 14020.00 MACD Which is about to cross Moving average trending upwards
Looking at XAU/USD, it seems as if it has reversed on the 4H Resistance area, and now looking to continue down to the Support key points in analysis: The Downtrend in 1H chart Resistance Levels that are being rejected The trending channel Looking at the commodity , It seems as if it will go down to the levels of 1710's today where it touches our channel and...