WAR_ON_FOREX

WAR_ON_FOREX

On the daily chart, USD/CHF has been in a range for some time. This range can be recognized as a bearish continuation, as it has formed after a bearish impulse. When price tested the resisting trendline for the third time, we saw strong rejections indicating selling pressure. Price has now been moving in a corrective manner downwards, this signifies a reversal...

WAR_ON_FOREX

EUR/JPY has been bullish for some time, giving positives on a previous setup we shared. Price broke out of a resistance and moved higher impulsively, the analysis to this setup is linked below. On the 1H chart, price has now presented a continuation pattern in the form of a flag. We should look to long when price touches the supporting trendline for the third time...

WAR_ON_FOREX

NZD/USD has broken areas of resistance on the daily chart. We also see an invers head and shoulders on the weekly chart, signifying a bullish take over. Price broke and retested the major support at 0.68700, and we should only sell once this level is broken. Price is now forming what appears to be a bullish continuation pattern. We should look for out first...

WAR_ON_FOREX

EUR/USD has been bearish for months now. Price broke out of recently created support on the daily chart which is around 1.118 a while ago. Price, moving in a corrective manner, has retested this previous support and has used it as a resistance as we saw strong rejections. Price has also formed a bearish continuation pattern. We should look to enter on any...

WAR_ON_FOREX

USD/CAD has been moving down recently following the formation and breakout of a pennant on the daily chart. Price has now formed another pennant on the 1H chart. Price showed strong rejections off the previous support with a bearish engulfing pattern The price impulsed downwards and then started correcting. In such cases, another impulse or move downwards may be...

WAR_ON_FOREX

The DXY has broken major areas of resistance around 97.7. The price action has retested this level multiple times. When the market broke above, it started correcting, and a bullish continuation flag pattern was printed. With price now respecting these areas of previous resistance as they turn to support, it seem we will see price go higher. The Dollar is under...

WAR_ON_FOREX

XAU/USD Has been moving up the past few months. Price reached a major resistance and pivot point on the weekly chart. A very long pin bar was then formed, on the weekly chart, this is a very strong sign of reversals. With price reaching this resistance for the second time and rejecting it for the second time, a double top was formed. On the daily chart, price...

WAR_ON_FOREX

DOGE/USD has been bearish since June 2021 The sellers have been resilient and have been dominant for most of the time. Price pushed upward recently, but unfortunately for Dogecoin holders price has formed a head and shoulders, signifying a reversal/continuation to the downside. Price is now moving up, we should expect a retest of the neckline of the Head and...

WAR_ON_FOREX

EUR/JPY has been bullish for some time, giving positives on a previous setup we shared. Price broke out of a resistance and moved higher impulsively, the analysis to this setup is linked below. On the 1H chart, price has now presented a continuation pattern in the form of a flag. We should look to long when price touches the supporting trendline for the third time...

WAR_ON_FOREX

US30 has been bullish on higher timeframes. A pennant has presented itself on the 1H timeframe, signifying continuations to the upside. There are two ways in which this continuation will likely play out, and I have presented them on the chart CURRENCYCOM:US30

WAR_ON_FOREX

SHIB/USD has recently changed market structure and has gone bullish. A continuation pattern has been presented on the 4H and 1H timeframes. We should wait for a breakout of previous resistance then take our long positions FTX:SHIBUSD

WAR_ON_FOREX

ETH/USD has been moving up recently. Price has been in an overall bearish trend though. The market had been correcting and has now hit a major area of resistance Price has formed a Head and shoulders and we should expect either a continuation to the upside or a reversal. BITSTAMP:ETHUSD

WAR_ON_FOREX

BTC /USD has been ranging for weeks after breaking the neckline of a head & shoulders . The market has since formed a flag pattern , indicating a bearish continuation. We should look to short and have our target at the green. Price opened with a gap up over the weekend signifying bullish momentum. We should be cautionary as price can always move the other...

WAR_ON_FOREX

US30 NEUTRAL SETUP Bullish push and now price is forming a triangle continuation. Pennant

WAR_ON_FOREX

US100 has been bulish for 2 weeks. Stocks have gone flat and this increases the likelyhood of a reversal or retracement. Price has presented a rising wedge pattern and the market is showing strong bearish pressure with big bearish candlesticks. We should look to sell to the base of the correction. CURRENCYCOM:US100

WAR_ON_FOREX

EUR/USD has been very bearish for a long time. Price tested a supporting trendline on the weekly for the third time. I am now expecting deeper corrections but price broke out of the rising flag after third touches. There is a strong possibility for both of these to play out but most likely price will go up in the near future as EUR inflation rises. Interest rate...

WAR_ON_FOREX

NZD/USD had been in an uptrend on the daily chart. Price started to correct deeply and no that correction seems to have finished of with an inverse head and shoulders. To add to this, the Elliot wave sequence has completed for this correction and we can expect a reversal of it, hence a continuation to the upside. Price broke the neckline of the Inverse Head and...

WAR_ON_FOREX

EUR/JPY Has been a ranging market for the most part. Price has been ranging since May 2021. this range turned to be a bullish flag, and price was in an uptrend in the weekly. This gives us strong reason to long this market. We recently broke out of the daily trendline and should look for continuations to the upside. I expect price to retrace and respect previous...