We can clearly see that we do have a higher high with divergence on the daily with an incomplete structure since the rally from 117 levels. Fundamentally we can expect the Yen to gain some strength due to the new covid variant being heavily mentioned in the news. Many other related instruments are currently trading at extreme areas so a big move is to be...
Very technical market has formed a head and shoulders price action on the daily chart. Market overall has reached extreme areas in yen pairs and indices so a Yen strength is to be expected starting from now going into tomorrow and the upcoming weeks. Obvious target the equal leg from the fib extension between previous high pull back and the most recent...
2021 has seen the dollar index to correct downfall of 2020-21. Next year the next downfall is about to start and we have to be prepared. Potential zone is drawn in the chart overall very well defined zones and target areas. This is just a technical indicator and only for educational purposes only.
Again another technical forecast very clear here. We haven't yet to reach the next target area for bulls and at the moment it is trading within a demand area. If the low holds we go all the way towards the next 1 to 1.618 area. This is only for educational purposes only.
Here is Avalanche a very good project and as we can see it has traded very technically so far reached target zones. At the moment is trading within demand area and if the low hold or consolidates we can start the new cycle that will potentially take us above 200. This is only for educational purposes only.
This is my technical forecast for dogecoin. Many people forgot about it and it has just reach an extreme buying area with potential upside target towards 1. If this low holds the next cycle coming can see dogecoin reaching that area. This is only for educational purposes only.
As we can see cardano has reached the buying area between 1 to 1.618 fib extension from previous sequence cycle. If this will be the low and it holds then the next target for the market will reach the 4 area. So far it has been very clear technically. This is just for educational purposes only.
This is the most likely path I can see in Bitcoin entering the year into 2022. Very likely to see Bitcoin to 100k close to summer 2022 and then we see how far higher we can go into 2023. This is my technical analysis forecast. Remember this is only for educational purposes only.
As posted few days ago it was expected another fall in this pair. However the recent price action has developed a bearish triangle where it was trapped in an a,b,c,d,e structure to finish corrective wave B before selling off in wave C. Today's NFP announcement seems to have helped completing this structure. This is only for educational purposes only.
As we can see the entire market this week has entered a risk off mode correcting the bullish momentum from the end of September/ start of October. Next week we can see another push lower coming in. Yen will keep the strength potentially pushing this pair lower towards 120 levels. This is only for educational purposes.
As expected all JPY pairs started to correct down for the last 2 weeks Based on the recent situation with governments going crazy again about restriction and push for vax creates more fear and uncertainty in the market. Based on the current structure of this pair looks like it will continue to go down next week wither with a small push up and then fall or just...
Jpy pairs have been trading sharply in the last 2 weeks and a correction is inevitable. Jpy index reaching strong support levels can give us a sharp spike correction to this market with combination of some chf weakness Only for educational purposes.
Today the non farm employment change is positive meaning we are expecting a good NFP number on Friday. This can keep dollar strong. Only for educational purposes.
September has arrived nd we can clearly see the market is over extended losing momentum. We can expect risk off from now onwards for the next few weeks across the board including forex, stocks, commodities, indices and cryptos. This is only for indicational and educational purposes.
We can expect this pair to complete the cycle correction down to 50 fib levels following the rest of risk off assets This is only for educational purposes only.
Market has formed an ending diagonal pattern whish indicates a strong reversal is coming once USD starts to get weak in trend soon. Tomorrow is NFP as well and a new month which can help this scenario to happen. Only for educational purposes.
As we can see the market reached an important price level. We can expect a strong price rejection. Only for educational purposes
Expecting dollar to make another new high before starting a new bearish cycle we also do have the seasonality of this month that potentially will bring down the stock market for correction alongside with the yen pairs so this pair is not different. NFP on Friday might be the event to get some dollar strength First target to take profit is 1.17 area and then...