YaddaFX

YaddaFX May 2, 2022

Support and resistance line hit at around 138.800. on one day time frame formation of a hanging man. on the RSI indicator an oversold position its still active which may suggests a reversal pattern to around 135.500.

YaddaFX May 2, 2022

Shooting star on the one day time-frame. A possible drop from around 1799 to a 1790 position. the 1821 support and resistance was hit but did not manage to break it

YaddaFX May 2, 2022

1ST MAY TO 7TH MAY 2022 XAUUSD D1 Analysis Created H&S Pattern Wait SELL Signal Confirmation

YaddaFX Apr 26, 2022

The NASDAQ 100 index has been trading in downward trajectory since November 2021 which continues to be in progress. The selling pressure has built up over the past few days and the current short-term down swing retraced close to its support of 12,942 which is a key level to monitor. The prospects of 50 basis points interest rate hikes at the May, June and...

YaddaFX Apr 26, 2022

he short-term rally from the March 2022 low encountered solid resistance around $2,000 and has been trading is a correction mode over the past week. The technical selling pressure came along aggressive monetary policy tightening expectations from the Federal Reserve and U.S. Dollar and bond yields at multi-year highs. The entire commodity sector was hard hit over...

YaddaFX Apr 26, 2022

The movement is bearish in general. Having hitting the trenline and started bouncing of back to the bearish pattern.

YaddaFX Apr 25, 2022

After AUDUSD hitting on the support and resistance line range. On the daily timeframe the trendline was broken which confirmed a bearish/reversal pattern to occur. PEPPERSTONE:AUDUSD

YaddaFX Apr 21, 2022

Yesterday I said that my target for Gold remains 1920, but as always when we trade a correction, we must be very careful and looking at the structure, 1920 support may not be touched and a bottom can already be in place at 1940. Going further with the cart, a nice up trend line can be drawn from 1780 low, and as long as this trend line is intact, bulls hold the...