1H CHART : After a crazy Bullish Tuesday, price is consolidating on the purple lines as you can clearly see! Besides the price is overbought(RSI), the consolidation between those levels could mean a possible revearsel to the downside. It could be a simple pullback or a strong movement to the downside, but it will definitely go...
SPX500USD Analyses: 1H and 4H CHART: As you can see, the price just found a previous resistance that has already been tested 3 times, showing that definitely it´s a major resistance. For now, my analyses is quite simple: price will definitely go down because the RSI shows that the brice is overbought and it found a major resistance. How far will the price fall??...
AUDUSD ANALYSES: 1H Chart: With the market opening session, AUDUSD started also with a bullish jump. On the last week, as you can see, I just drew a blue box where the price has been ranging as a signal of indecision. As you can see, Price respected the support "Fibonacci", showing that level as an important support! For now, I expect the price to go bullish...
GBPJPY Analyses. 1H and 4H CHART: As we can clearly see, the market just started with a bullish candle giving hope for the Bulls! Although we just started with a bullish candle, the price tends to range in order to consolidate the previous resistance, now as support. Actually, we can see two main paths: Price may bounces and respect the support and then go bullish...
DAILY CHART : Price currently in a downtrend, hitting the top of the dowtrend and showing bearish movement. 4H and 1H Chart : We can clearly see a raging movement between 131.111 - 130.73 levels. We´re going to break those levels with the market open session. At this moment, once we reach the top of the downtrend, assuming its going to respect the downtrend, I...