Price is an obvious downtrend Formed triple down at 0.55500 which indicate end of trend If Price should break the zone at 0.58000 and pullback occur then we should see a LONG movement all the way to 0.61500
Market did a pullback to the 50% of the retracement level Indication for bullish continuation. If market should break through and retest 1.14967 then we should see the price shoot up to the nearest major zone at 1.19284 First take profit can be on 1.17198 Please note this is a personal prediction of the market
Market has been ranging since May 2022 If price should break the trendline and react to the zone @ 0.98798 then move bullish in order to retest the trendline without breaking about 1.00640, that should be our first confirmation that the market can go BEARISH. Second confirmation: If price should break through the previous zone of 0.98798 after retesting the...
Price broke major zone at 1.12373 Projected to hit on the major support zone at 1.11200 then go LONG to retest previous broken zone at 1.12373....High probability we will see the continuation of BEAR market from there. If market should break through 1.11200 and retest the zone then we will follow the BEAR market down to 1.10200. Please note this is my...
Breakout and retest at 134.000 We could see market moved down and retest that major zone one more time then go LONG to continue the Bullish movement. Also market react at the minor zone on 138.000 If Price breaks 144.000 and retest then we should see a major blowout on Bullish movement.
EURUSD Potential long after forming double down @ 0.95388 Awaiting break and retest before going long
Due to the falling candle formed in the weekly time as well as the divergence in the high times, we expect the price to fall. We wait for the support level and pullback to break and approval, and then we can enter into a sell deal.
Price broke down on the latest zone during the 4h time frame, retested on lower time frame (1hr and 15min) Price should probably get to the nearest support zone before we get to see any new action on the price. This is a personal analysis. Thanks
What we can see; - Upward wedge - Possible forth touch on the upward trendline If price doesn't break down the nearest resistance zone around 82.000 then price will bounce of the zone towards 86.000 (continuation of the bullish move)
CADJPY H4 Awaiting the breakout and retest right at the zone. Confirmation candle stick also for either bearish incase price doesn't break the zone.
The price has hit a significant resistance and in the upper half, a bearish candle has formed. Also, the momentum of movement has decreased and shows the tendency of the price to fall. We are waiting for the break of the trend line and the small support that is a serious and very important drawing. After failure and confirmation, you can enter into a sale transaction.
GBPUSD Obviously a downward trend Price is currently below the 50EMA after minor breakout 3 times though. Price broke the trendline and retest and trying to do the same thing for the second time around now. Major rejection at 1.32000 may push back the price towards 1.32250 or 1.32500 forming a range market, then 50EMA will fall in between the price...
GN have been on the upward movement since Nov 8th and it doesn't look like it will slow down soon, well according to my analysis though *smiles - Retested the RESISTANCE zone multiple times at 1.96000 and ended last week on the 4TF (3rd of December) with a bearish candle stick. - Price bounced off on the 50SMA on the 3rd signifying that the buyers are still in...
GBPUSD is on a downward trend on 4hr, 1hr and 15min timeframe so far. A pullback on 1.32500 will see the price move down to 1.32000, forming double bottom with November 30th Lowest price caused by the Powell news. Double bottom pattern formed at 1.32000 will drive the price up to 1.32500 to form yet another double top pattern, which will trigger the downward...
Technical analysis The RSI(14) and the RSI(3) both suggest an upwards movement. The price is above EMA(120) and EMA(24) which is advantageous for bulls Most likely scenario - BUY Target prices: 1,778.16 1,781.39 1,785.14 Alternative scenario - SELL Target prices: 1,773.66 1,766.54 1,760.28
GBPCHF possible bearish with confirmation candle sticks at the current supply zone
GBPJPY on short There is a high probability of a bearish movement towards the next major support zone
Breakout from the downward trend while forming a new upward trend. Another breakout from the Upward trend, then pullback for retest. Taking the advantage of the retest pullback and I will wait to go in again after confirmation that the retest is done.