YGForex

YGForex

Looking at today's candle, we can see that price level made a clean rejection off 38930 resistance without any form of breakout yet. Price level is also currently under 261.8% fib level where it failed to continue its BULLISH momentum to test the next fib level (361.8% fib level). As of now, I will be eyeing on another retest to 261.8% before going for a short...

YGForex

Today's candle made a nice rejection off the support level @1.5320. This level is also where the 261.8% fib level lies. We were anticipating some sort of a BULLISH movement here. As of now, we will be looking for a long opportunity towards my moving averages and 161.8% fib level before any further confirmation. Once this level is reached, we will be eyeing on...

YGForex

Volatile movement for Ripple for now. Price level managed to hit 0.75 ish yesterday followed by a huge drop to the current price level. As of now, I am seeing a retest to 38.2% fib level before further BEARISH movement. I am seeing a good long opportunity now and I will update again for this pair. Stay tune!!! Target Price and Stop Loss given. Do take note this...

YGForex

GBPAUD has yet to show us any breakout strength. I am expecting price to retest 1.7964 resistance level and clean rejection there will give us a great short opportunity. As we can see, GBPAUD has been consolidating within this support and resistance level for sometime. If price breaks below my moving average lines, we can expect a great BEARISH movement to the...

YGForex

Bitcoin currently heading towards 461.8% fib level. I will see a good short opportunity at 38950 price level. Taking note that we also have a strong resistance level at 38950 area I am expecting some short of retracement there. As of now, a sell limit will be suitable for this trade. If you will like to enter slightly earlier you can always do so. I will like to...

YGForex

Looking at EURGBP, we can see that price level has been moving within the support line @0.8896 and the resistance line @0.9085. With that, we managed to see instances where fakeout took placed with price level overextending out of this area. As of now, EURGBP has yet to show a strong BEARISH movement and might indicate that current movement might be a fakeout...

YGForex

GBPCAD failed to breakout 1.7473 resistance level with price level moving sideways for now. I see it testing the support level @1.7253 price level, also where my moving average is at. If it breaks through this level, we should expect a BEARISH continuation with a huge downside potential. As of now, I am BEARISH for GBPCAD. Short term Trading Opportunity!! Kindly...

YGForex

AUDJPY has made a nice BULLISH movement towards the upside. As of now, it is not over for this pair yet. As we can see, it broke the resistance level 79.80 and continue its uptrend. I will be expecting a movement towards the next resistance level @84 ish price level. That is where the 461.8% fib level lies and I will be expecting BEARISH retracement to happen from...

YGForex

Today's candle shown us a weak BULLISH movement with no clear rejection at 1.5320 support level. As of now, it seems likely a breakout rather than a fakeout. We can see that today's candle is retesting the broken support level @1.5320 which is now the resistance level. I am expecting BNEARISH movement to continue for this pair bring price towards the demand zone...

YGForex

We managed to see the BEARISH movement kicking in for Bitcoin as of now. I will be expecting a short opportunity on Bitcoin after a retracement to around 261.8% fib level. We can see that 461.8% fib level (also a support level @29878) is an area of strong support for Bitcoin. Now, I will be expecting price to reach this support level first before it heads to the...

YGForex

As you can see, we managed to see a nice 261.8% fib rejection with price heading all the way down. For now, we are seeing a short term BULLISH movement which I believe wil be a retest to 161.8% fib level before further BEARISH continuation. I have identified the supply zone as seen from my chart. I am expecting great BEARISH pressure at this zone. I will be...

YGForex

We managed to hit our take profit price from our previous analysis on 14 Jan. As of now, I am expecting price to test the support level at 36750 area before further climb to the upside. We managed to see price level rejecting from 61.8% fib level during the weekend and formed BULLISH strength to the upside. As of now, we will like to see price level moving to the...

YGForex

Currently, we are seeing a doji candle at the resistance level @116.55. I am expecting tomorrow's candle to be strong enough to engulf this doji candle brining CHFJPY towards the downside. As we can see 117.62 resistance level is still strong with price rejection at that level. This also formed a double top pattern giving us additional BEARISH signs. I have...

YGForex Updated 

Alright, from my previous analysis, I have mentioned that I will be expecting a new consolidation area to form for BTCUSD at 24k ish price level. That will be a longer term perspective on Bitcoin. As of now, we will look out for an intraday opportunity for BTCUSD. For Today, I will be looking out for a short opportunity when price reaches 261.8% fib level. Our...

YGForex

An update from my previous analysis. Previously, we are eyeing on a BEARISH movement from AUDCAD at the resistance level @ 0.9785 price level. However, we failed to see a nice rejection from that level where price moved to the next resistance level @0.9875. After which, we saw it rejecting off from this resistance level twice. Today's candle is interesting as we...

YGForex

Looking at today's candle, we managed to see a rejection off the support level @1.5700 price level. This is a crucial rejection as we start seeing price heading towards the trend support level and 261.8% fib level. I have identified a demand zone where I believe strong BULLISH pressure will be present. As of now, I am expecting price level to test the resistance...

YGForex

GBPCAD managed to make a 61.8% fib level retracement after the BULLISH movement. Now, we start to see BULLISH candle forming as price head towards the demand zone. I am expecting some BEARISH pressure as price level is currently in this demand zone. As of now, I will be looking for a short opportunity to the support level @1.7068. Having said that, we can...

YGForex

For the first time, we managed to see BTCUSD shoot up to the moon reaching a 40k mark. Some might ask if that is that's the peak for bitcoin. We managed to see a true volatility movement from bitcoin in the recent months with no signs of retracement. Will that mean bitcoin price will continue to soar higher? Personally, I feel that price level might hit higher...