The price has broken the support. It is under the ichimoku cloud. The AO is giving sell signal
This is an interesting situation. The bulls are doing everything to push the price higher, but we can see a strong resistance. The bears are also active and we see a fight for the price. So we should follow the movment of this pair and react to the situation. We can see a strong resistance with black line. The price is under the SMA 200 on D1 and W1 chart. The...
On this W1 chart wee can see that the NZDJPY is in rising channel. The price has broken the trendline (with purple) on monthly chart. On the W1 time frame the indicators are giving buy signals as you can see. It is possible a pullback but the currency pair should achieve the resistance with blue line.
On the 1D chart we can see that the price is near the bottom of the wedge. What we can expected?? The Ichomoku indicator predicts a buy opportunity. MACD and RSI are giving the same signal on 1D and 1W chart. We have to wait till the price fixes over the level 0.6911. The reasons in on that level is the SMA 200 on 1D chart and 1W chart and SMA 50 on monthly chart
We can see on the chart that this currency pair is rising. The indicators on 1D chart: Ichimoku, MACD, RSI are giving buy signals. And we see that the price has broken an important level. The target could be the next fib level. Use stop loss and set it under the support.
If the price breaks kumo and the fib 0,5 it could be a nice short opportunity. In chart 1W the indicators are giving sell signals.
On the 1W chart the RSI, MACD giving a sell signal and the price is under the weekly PP. On the 1D chart the price has broken the trendline and the fib 0,5. Lets see how far it will fall.
So, what we see on this chart? This is a 1W chart and there is a nice ascending channel. The RSI, the Ichimoku and the MACD suggest rising on 1W chart. On 1D it is overbought. So, the best think is to wait if the price breaks the resistance. If yes, we can buy. But the bounce is also possible. So we have to react to the price movement
Can the price break the support? The trend is bearish. But we have a support. If the brice breaks it we can sell.
If the price breaks the next fib level the price will grow. But this market is overbought. So, we have to wait what will happen. We have to be reactive not predictive
As we can see on the 1D chart the pair is in bearish move. The ichimoku cloud the MACD crossover and other indicators confirm the bearish trend. But the pair is oversold and losing momentum. So it can be that the price going to test the Fibonacci level and after that it can continue its journey to the south.
On the 1D chart the GBPAUD is falling. The indicators giving a sell signal. But there are some significant support levels. If the price breaks them than the pair can fall to the trend line with purple color.
On the 1D chart we can see a triangle pattern. If the price breaks the upper line and the kumo than the price may achieve the two levels which are illustrate with blue lines. The RSI and Bollinger B. are supporting this theory. But on the other hand, there is a death cross on the 1D and 1 M charts. So, we have to wait for the break ore a bounce.
The target could be the next support. It is not oversold
EURCAD made a nice move to the south. If it breaks the support, it can continue its journey. But the RSI and Bollinger B. are warning us that this pair is oversold. So maybe a bounce could happen. I open a position only when the price breaks under the level 1.4590
EURNZD is bearish. A nice target could be the level 1.659. Stop loss above 1.677
AUD/NZD is in downtrend and the price has retraced to the POC zone. We might see a mover soon. 1.0440-82 is the POC zone where the price could bounce up or down. If 1.0498 breaks to the upside we should see 1.05980. A move below 1.0440 should be targeting 1.0438 and 1.03178 at least.
1 minute ago EURAUD is supported by an ascending trendline on M1 chart. On the D1 chart the pair brooked the trendline and also the kumo as you can see on the picture. RSI is in negative zone giving a sell signal and the Price is under the weekly S1. Lagging span on the H4 shows that trend is enough strong and we can see a death cross A good entry could be if the...