The new blue line is our new ideal forecast, staying in between the possibilities the green and lower blue lines give, but wow this is even bigger than we thought. We caught a good one. Technical Analysis: The NASDAQ 100 index has shown strong upward momentum, recently breaking out above a key resistance level at 15,000. It is trading above its 50-day and 200-day...
Technical Analysis: XAU/USD (Gold) has shown strong bullish momentum, trading comfortably above the 50-day and 200-day moving averages, which signal a sustained uptrend. The price recently broke a key resistance level at $1,950, which now acts as strong support. Momentum indicators like the RSI are in bullish territory but remain below overbought levels,...
Seems like an error for now, we hope it ll do like the blue line shows ; we forecasted the red line, but it is not working out as we thought it would. Seems like more lower KL have to be reached with a growing RSI and a more and more obvious divergence. Stay advised.
Technical Analysis: CHF/JPY continues its bullish trajectory, trading above key moving averages, including the 50-day and 200-day lines. The pair recently broke above resistance at 151.50, now turned support, with the next resistance zone at 153.00. Momentum indicators like RSI remain strong but not yet overbought, while the MACD confirms the upward trend. A...
Technical Analysis: The EUR/USD is showing bullish momentum, breaking above key resistance levels. The pair is trading above its 50-day and 200-day moving averages, confirming an uptrend. A bullish crossover in the MACD and rising RSI suggest further upside potential. Key resistance is at 1.10, with support holding strong at 1.085. A breakout above 1.10 could open...
EUR/USD: Why It’s Heading Higher Technical Analysis: The EUR/USD is showing bullish momentum, breaking above key resistance levels. The pair is trading above its 50-day and 200-day moving averages, confirming an uptrend. A bullish crossover in the MACD and rising RSI suggest further upside potential. Key resistance is at 1.10, with support holding strong at...
AUDJPY is falling towards these two red lines ; the first line is obvious, the tough thing to forecast is what's happening after reaching this one, does it go back up before reaching the next one ? For us, its should be a "head and shoulders" pattern, meaning some pretty smooth but sure descent towards lower prices, without going back up.
The only thing we can be almost sure of for now ; some zigzag, with a rising RSI and a growing divergence meaning the coming fall. It could go a little higher before falling, but it is to fall at some point.
Since there are no indicators except for the RSI, it would seem logical with the current drawdown and divergence for the price to keep falling ; however there's nothing sure about this, it is just an arrow showing the potential direction, we'll update if we get more info
We almost had the first part (you can take a look at the blue arrow on the 3rd of January), and it indeed reached the exact price we wanted it to (red dotted line) However it has come back up since then, which shows that there's still a high buying volume for this asset. But at some point, it is to come down and break the first red to reach the second lower...
Low RSI + two consecutive accumulation areas means EURUSD going up ; however the question is after this small rally, what s happening ? That s the 1000$ question, the two yellow lines you see on the chart show that none of these schemes is more likely than the other one, we simply have no idea for now. We'll have to wait for new elements and KL to determine that.
There's not a lot of indications for this one, since there's no accumulation to reach. However the low and divergent RSI gives us an idea of where the price is globally going, which is up. Will add more information asap, when a new interesting KL or AA (accumulation area) gets created.
On one hand, it has de go back up to reach the high of the blue rectangle ; on the other hand, it is well gone for a big descent, and it would not be crazy to think the hard blue KL is the actual low. We'll have to be careful over the next few days because they'll be decisive regarding the pattern the curb is taking. No matter what happens, it is to go up, the...
After a liquidation by going that low, GBPUSD is ready to go back up. The two blue accumulation areas attract the price higher, first at the middle zone then at the higher zone. The hard blue KL under the current price shows a break under this level is tough to imagine, so there's really only one way and it is up.
And this is what the micro view looks like. If you've not seen our precedent post on the macro view, you should check it out so you get the global scheme of the move. The red line has to be reached at some point over the next few weeks, maybe even days, because Gold has a "desert area" to cross : this is the area where there's no blue lines, which are basic...
This is what it looks like for us : a huge rally where the price is to reach at least 2780 pretty soon. Look at our next post to get the micro view and the daily signal. The idea is to compensate the green top area, which acts like a super KL, making the price come back to such high levels. On the other hand, since the economy in the US seems to get more and...
After a some fake rallies, some fails and some real good forecasts, we're back with more energy and more confidence to try and offer you all the best signals. The red dotted line that you see at the top is the price we're aiming for. As you can see yesterday's forecast (green drawing) was a little late but eventually pretty good. We believe that US100 has to...
We mis thought this one, it slipped to the lower KL but still going up ; it might take a little longer, we can expect the objective by Monday and not tomorrow ; be careful if it breaks this Lower KL, it s over and going down, there's no going back. Sorry for this little error, we'll try to avoid it next time.