mdms102

mdms102

The EUR/NZD pair has confirmed a bearish breakout, breaking below the key ascending channel support, signaling further downside momentum. This breakdown indicates that selling pressure is increasing, with potential downside targets aligning with key support zones. 🔹 Technical Breakdown: ✔️ Channel Breakout: The pair has decisively broken below the lower boundary...

mdms102

High Possibility That EURUSD Will reach to Target 1.26000 in the next few weeks.

mdms102

NZDJPY Had Break Descending channel by forming big bullish candle on the monthly chart

mdms102 Updated 

The price has confirmed the bearish trend still intact, it has to test the upper boundary of the descending channel. to gain some momentum so seller can jump into the market.

mdms102 Updated 

The Price has break consolidation area on weekly time chart, one final touch to the upper line of the Rectangle then the price may fly away.

mdms102

The price set to test 0.74 Area

mdms102 Updated 

The big picture still shown that EURUSD Heading south

mdms102 Updated 

The main trend still heading south

mdms102

4H chart suggests that the price just crossing 50 EMA, which may cause a sharp decline in the pair before the end of the week, in addtion the price failed again to make higher wave the last trading sessions, + the price in the upper boundary of descending channel. anyhow protective stop loss should be above 1.32800 level

mdms102

one the daily chart we can see ascending channel + On balance volume is increasing that may suggest buyer is going long

mdms102

OANDA:USDCAD , I will go short on the daily chart my preventive SL will be at resistance level formed at 1.34000, TB will be at the lower boundary of the channel

mdms102 Updated 

Head and shoulders pattern

mdms102

EURUSD is trading near the lower boundary of the descending channel, from the other hand sellers are losing steam, Volume is decreasing.

mdms102

AUDCAD Possible breakout on the 4H Time frame will be confirmed by 50 EMA

mdms102

A Clear picture that the price has rejected monthly support located at 0.88420, it's likely that we can see some up movement in the nearest future

mdms102

Short GBPCAD