UnknownUnicorn3931771

UnknownUnicorn3931771

This is a break down weekly analysis of Natural Gas. Fundamental Analysis: - Natural gas futures started the week lower, a new multi year low. - Last week's much larger than expected government storage report is a very bearish indicator for the price. - The latest weather models show almost zero chance of a cold pattern, which is also bearish for the...

UnknownUnicorn3931771

GBPAUD is consolidating after the 1.9150 bottom. Levels to watch: - The Resistance is at 1.9750 and the Support at 1.9150. - The MA50 on the 4H chart rejected the first upside attempt and the price is now attempting the second one. - The MA200 may provide support near the 1.91500 level. - The RSI is repeating a sequence previously formed after a bottom. This...

UnknownUnicorn3931771

ONTUSD is trading within a Channel Up on the 4H chart since he January 3 bottom. Levels to watch: - The MA50 on the 4H chart is supporting so far the uptrend. As long as it doesn't break, the price targets the 0.9550 Resistance 1. - If the MA50 breaks the pattern makes a pull back for a higher low. This happened in January 19. Projection: - This appears...

UnknownUnicorn3931771

TRXUSD is testing the 5-month Resistance following the December/ June aggressive rise. Levels to watch: - The Resistance is at 0.0235 the Support at 0.0121. - A Golden Cross is about to take place on the 1D chart. Last time this happened on a top (February 1 2019) Tron turned sideways for almost 4 months. - The RSI is printing a similar pattern to February...

UnknownUnicorn3931771

BSVUSD is consolidating after the aggressive run that led to a peak on January 14. Levels to watch: - The Resistance is at 457.500 while the Support at 76.500. - Golden Cross took place right after the January 14 top. Last time this happened on a top (June 2019) it initiated an extended pull back to the 0.786 Fibonacci retracement level. - The MACD is...

UnknownUnicorn3931771

This is a break down analysis of EURUSD ahead of the Nonfarm Payrolls. Fundamental Analysis: - The U.S. Nonfarm Payrolls for January have a forecast of 160K, higher than the 145K number of the previous month. - Based on the last 12 Nonfarm Payrolls reports, EURUSD has a 100% probability to go higher on the 4H chart if the Actual number is lower than the...

UnknownUnicorn3931771

ETHUSD is extending the Channel Up on the 1D chart since December 2019 low. Currently it is attempting a break out above the 199 Resistance. Levels to watch: - The Resistance is at 225.00 while the Support at 153.50. - The former 199.00 Resistance is being tested at the moment. - The MA50 is now on the 153.50 Support. - The price is above the MA200 for the...

UnknownUnicorn3931771

This is a break down analysis of Silver (XAGUSD) in the aftermath of key U.S manufacturing news. Fundamental Analysis: - The ISM Manufacturing PMI rose yesterday to 50.9 in January, up from 47.2 a month earlier, marking the first expansion reading since July. This improved risk appetite and is applying selling pressure on Silver. The U.S. manufacturing...

UnknownUnicorn3931771

BNBUSD is trading inside a Channel Down since September 2019 currently testing both the Lower High line as well as the MA200 on the 1D chart. Levels to watch: - The Resistance levels are 21.9000 and 24.0000 while the Support levels are 12.7000 and 11.8000. - The Channel Down is making the first important test of the mid December uptrend on the Lower High and...

UnknownUnicorn3931771

BTCUSD is trading inside a Channel Up since December 18 2019 (monthly low) on the 4H chart. Levels to watch: - The Resistance levels are 9600 and 10370 while the Support levels are 6850 and 6430. - The Channel Up is making the first important test of this uptrend on the 9600 Resistance 1 level. - The Channel up is following a very clear Higher Low pattern....

UnknownUnicorn3931771

IOT has broken above the 1D Channel Up that started the strong uptrend early in January. Levels to watch: - The price not only crossed above the Channel Up on the 1D chart but also broke the 0.618 Fibonacci retracement level. - It is comfortably above both the MA50 and MA200 and in fact a Golden Cross may be due. - The 0.3150 four month Resistance broke. -...

UnknownUnicorn3931771

This is a break down analysis of USDCHF ahead of this week's U.S. (ISM Manufacturing PMI, ADP Employment Change, ISM Non-Manufacturing PMI) and Swiss (Consumer Confidence) data. Fundamental Analysis: - Long term strategists such as Karen Jones (Head of Technical Analysis Research at Commerzbank) turn "attention on the 0.961 January low, failure here will...

UnknownUnicorn3931771

S&P has crossed below the long term channel up for the first time since it started in October. Levels to watch: - The Resistance is at 3340 while the Support (short term) at 3235. - The price not only crossed the ascending support of the channel up but also the MA200 on the 4H chart. In fact it crossed it twice in 3 days, which is something we haven't seen...

UnknownUnicorn3931771

This is a break down analysis of GBPJPY after today's Bank of England Interest Rate Decision. Fundamental Analysis: - The BoE left the rates unchanged giving a minor lift to the GBP. - JPY continues to work as a safe-haven under the current geopolitical conditions (coronavirus) and may work against the BoE lift on GBP. Technical Analysis: - The...

UnknownUnicorn3931771

USOIL is on a strong decline following the January 08 high, below both the MA50/200. Levels to watch: - The Resistance is at 66.60 while the Support at 50.55. - The RSI has hit the 6 month support level. - The Golden Cross late in December marked the top. Projection: - The 50.55 - 51.90 Zone has provided support and a buy level since June 2019. The...

UnknownUnicorn3931771

EOSUSD is on a rebound since the December low and is testing today the September Resistance. Levels to watch: - The Resistance is at 4.2550 while the Support at 2.1200. - The price is already above both the MA50 and MA200. - The MA200 is in fact providing Support, keeping the price sideways within the trend line and the Resistance. - The RSI is on a bearish...

UnknownUnicorn3931771

LTCUSD is on a rebound made on the 50.150 intermediate support and is testing today the January Resistance. Levels to watch: - January's uptrend stopped exactly on the MA200 (1D chart) and pulled back to the 50.150 intermediate support. The rebound leg on that support is again testing the MA200 today. - Another rejection on the MA200 will make a Double Top...

UnknownUnicorn3931771

XLMUSD is trading within the MA50 and MA200 on the 1D chart after the recent top at 0.0670. Levels to watch: - January's uptrend stopped exactly on the lower high trend line of the long term channel down that started in May. - That lower high was exactly on the MA200 on the 1D chart. The previous lower high (November 05) was also formed on the MA200. - So far...