EURCAD My perspective on EURCAD Daily - We can see a clear uptrend. 4 hour - Price is trending clearly and came back to the previous swing high as well as the 50 EMA and showed us a bullish power with an engulfing candlestick. This can be the end of the pullback.
AUDCHF My perspective on AUDCHF Daily - We see there is a downtrend in place. Price failed to break the swing low and then started pushing higher but couldn't break the swing high, after all started to go down below the 50 EMA which may indicate the further downtrend. 4 hour - Price pulled back to the previous swing low, as well as the 50 EMA, now we have to wait...
EURAUD My perspective on EURAUD Daliy - There is an overall uptrend. Price came back to a bigger correction, and the previous week show a lot of bullish momentum. 4 hour - We can see an uptrend, which broke a major structure level. The pullback is started so we have to wait for the momentum loss and also the candlestick formation at the 20 or 50 EMA and the...
GBPCHF My perspective on GBPCHF 4 hour - As we can see price couldn't break the swing low, and started an uptrend. And then broke the swing high which is a major support and resistance level. The pull back came down to retest this level as well as the 50 EMA. As a mentioned in the previous analysis, we should have to wait for this candlestick formation on the...
GBPCHF My perspective on GBPCHF 4 hour - As we can see price couldn't break the swing low, and started an uptrend. And then broke the swing high which is a major support and resistance level. The pull back came down to retest this level as well as the 20 EMA. 1 hour - Now this is our entry time frame where price lost its momentum and made a candlestick pattern to...
GBPAUD My perspective on GBPAUD Daily - On the daily timeframe we can see the price broke below a major support and resistance level. 4 hour - We can see the break and retest to the major level and as well as the 50 EMA, where price made a huge wick, which indicates the end of the pullback. It was a good sign to the further downtrend.
EURCHF My perspective on EURCHF Daily - We can see the break and retest, and also a downtrend. 4 hour - We are in downtrend, price came back to the resistance level and the 50 EMA, where we can see a huge rejection with an engulfing candlestick. It was a good entry point for the further downtrend.