fxinvestmk

fxinvestmk

Price broke and retested triangle pattern. Possible further move down. 1st target for short position @ 1.24700. Next support level at round level 1.23000

fxinvestmk

If down move will continue there are two interesting technical levels of support: - 85-87$: 61.8% Fibo + 127.2% of BC wave - 76.0-77.5$: 78.6% Fibo (Leonardo pattern) + 161.8 of BC wave

fxinvestmk

US Governement Bonds 10Y are at resistance level: AB=CD geometry + 78.6 Fibo. Time for correction? This is monthly chart so this scenario is long-term view

fxinvestmk

On H1 timeframe price created inverted Head&Shoulders pattern that indicates further move up. Broken neckline may act as support

fxinvestmk

Price reacts on support at 50% Fibo level. Possible continuation of uptrend from now or from lower 61.8 Fibo retracement. Breakout from descending wedge pattern would be confirmation of uptrend resume.

fxinvestmk

Price approached to major support level intact since 2018. So possible some bullish reaction. Weekly chart so this scenario may take some time

fxinvestmk

In very large-scale view there is visible potential inverted head and shoulders pattern. Reaction on 124.00 resistance will be key moment for the pair. Probably there will be some pullback to the nearest support level or trendline.

fxinvestmk

Price forms wedge pattern on H1 chart. Breakout from the pattern will be signal of possible move down. Additionally price should break down support at 0.6935

fxinvestmk

Recently price is moving withing triangle pattern. Breaking one of the trendline will show the direction in the middle term.

fxinvestmk

After false breakout from parallel channel, price came back and made nice move up. Now it retraces. Interesting support level at. 0.8310. There may be inverted head and shoulders pattern formed.

fxinvestmk

On daily chart visible clear double bottom pattern. Breaking above 46000$ needed to confirm the pattern and can bring some move up to the next resistance.

fxinvestmk

Price makes a pullback in uptrend. Interesting support area ca. 0.6744. there is OneToOne geometry, 61.8 Fibo reatracement and S/R area. Trade carefully!

fxinvestmk

Price broke important level 153.00. Any pullback to this area could be considered as selling opportunity. Target 149.00 support level.

fxinvestmk

Price is moving within descending parallel channel. Any pullback to 1.3300 or 1.3500 (round levels) could be interesting opportunity for selling

fxinvestmk

Clear downtrend on the pair. However price reached some support level. It is 88.6 retracement of the whole move up. Possible corrective move towards 1.1150.

fxinvestmk

On weekly timeframe there is consolidation in the shape of triangle. Breakout will show the direction. Resistance at 1.2900-1.2940.

fxinvestmk

There is strong support level at 0.7000. Any pullback to this level could be buying possibility. Longterm scenario seems to be bullish especially after breakout above trendline. Only permanent breaking below 0.7000 can change sentiment.

fxinvestmk

Clear uptrend on Silver on this time interval. Possible support level at 23.94. There is OneToOne geometry, 61.8 Fibo and potential another trendline touch