As can be seen in the GBPJPY chart, in front of the price is the support level at 160.00. The price has returned twice in the face of this level. We expect that if the price hits again and breaks this level, we will have a significant drop to TR1 trend line.
As shown in the JUNE 29 analysis of this currency , the price started to fall after breaking the TR1 trend line. Currently, the price has reached support at the level of 1.6360. We expect the price to stop at this level and break this level after a short stop. Therefore, it is recommended to review the previous short position at this level and wait for the failure...
As can be seen in the chart of Bitcoin and most cryptocurrencies, there is currently a state of indecision in the market. In this situation, there is no expectation of large and significant movements. Bitcoin is currently limited in the CH1 channel. We expect that until reaching the TR1 trend line, the condition will maintain its suffering state and oscillate...
As can be seen in the AUDJPY chart, the price is moving in the drawn channel and is at the bottom of the channel. On the other hand, the bottom of the channel has coincided with the support drawn at the level of 92.10. We expect to enter the LONG position after breaking the TR1 trend line.
As can be seen in the EURCHF chart, the price has reached the bottom of the channel. The bottom of the channel also coincides with the 100% level of the Fibonacci projection of the previous move. Also, the trend line tr1 at this point warns of a price reversal. Therefore, this level can be considered as a good LONG opportunity and the stop loss can be placed on...
In the EURJPY chart , as can be seen, the price has broken the trend line TR1 and pulled back to it. Important levels that can be effective in our analysis are drawn in the chart . In addition, the price movement has support level at138.20, which is significant. . In the current situation, our expectation is to fall, but to enter the position, the support level...
AUDUSD has broken many levels and is falling again. It seems TR1 trend line is near , which is in cluster with the 127% level of the Fibonacci extension of the previous correction, is in front of the price. If this level is broken, the next cluster is at the level of 0.6476. Currently, it is not recommended to trade and based on this analysis, management of...
As can be seen in the USDCAD chart, the price is moving in the channel drawn in daily time frame. In this channel, the price has attacked the resistance drawn at the level of 1.3080 three times, but has not been able to cross it. We are currently waiting to see how the reaction to the new move will be. If this level is broken, it can even be expected that the...
In the last few days, EURUSD has experienced values that it has not seen since 2002. Therefore, traders are very careful not to be in a critical situation. As seen in the chart, the price is moving towards the 78.6% Fibonacci level from the previous bottom to top movement in the monthly chart. This level is almost equal to the EURUSD is 1.0000. Therefore, we...
In the last few days, EURUSD has experienced values that it has not seen since 2002. Therefore, traders are very careful not to be in a critical situation. As seen in the chart, the price is moving towards the 78.6% Fibonacci level from the previous bottom to top movement in the monthly chart. This level is almost equal to the EURUSD is 1.0000. Therefore, we...
As you can see in EURCAD chart , the price is again close to the support area at 1.3400. The price has not been able to cross this level for a long time. If this level is broken, we expect a drop to the level of 1.3288 and 1.3150 continuously .
As can be seen in the EURUSD chart, the price has hit the support level at1.0350 after falling. In this condition , we have two scenario . The scenario can be imagined: 1- The price cannot cross the support and exit the channel, which seems less likely at the moment. 2- The support is broken and falls to the level. 1.02222 seems like the second scenario is more...
As shown in the EURNZD chart, the price has touched the resistance level at 1.6880 and return. If the trend line TR1 is broken, we expect a significant drop. We place the stop loss on the other side of the resistance
As can be seen in the EURAUD chart, the price has again reached the resistance level of 1.5300. We expect an inverted head and shoulder pattern to form when this level is broken. Therefore, you can LONG position. The stop loss was put below the resistance level
In the EURJPY chart, the resistance area has been drawn touched 3 times. This level is also consistent with the 161.8% level of the drawn Fibonacci. Due to the broken roof of the channel , we expect the price to pull back to this level and have a significant movement in accordance with the figure. In this case, you can LONG on the top line of the channel and put...
As can be seen in the USDCHF chart, the price seems to be forming a double top pattern. In this regard, after price reaching support level at 0.9540, it has slightly crossed it ut returned to support again. It seems that if this support is passed, we can expect it to touch the support level at 0.9360. Therefore, by crossing the low at 0.9500, you can enter into...
As can be seen in the AUDCHF chart, the price has reached the bottom line of the channel after a strong drop "this power continues NOW". This line also coincides with the 78.6% Fibonacci level from the previous move. In case of a suitable sign, you can enter the LONG position and place the stop loss on the other side of the bottom trend line of the channel and...
As can be seen in the AUDCAD chart, the price has reached the support area drawn at 0.8888 after the fall. This support area seems to be powerful due to the numerous encounters. We expect to have a significant decline with the breaking out of this support area. To enter, we set the stop loss above the support level.