minfas

minfas

7 out of 11 years, GBP/NZD has been bullish in April.1.89807 has been acting as good resistance zone but we saw a bullish candle around or slightly above that. The rally is expected to continue with occasional consolidation. TP1 is 1.89923 and the long-term target is (TP2): 1.91653.

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Rising wedge formation. Currently it's in a nice parallel channel. We can expect it to go up till 133.240 because this was tested before and this maybe a good resistance. The sequence of higher highs and higher lows has not been broken convincingly. Expect consolidation/bullish-ness until it is rejected from 133.280. If it breaks out from there, then the next...

minfas

CHF is historically bearish in April. Based on channel breakdown, breaking support, we can say that it will be bearish. Chaikin and RSI divergence were not present and they were bearish. Current rally started from September 2019 and it has been around 30-31 months since then. It has had a previous rally of 34 months so for the next 2-3 months, we can expect it to...

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TSLA has been bullish ever since it broke a very nice channel 839 (Fib level 23%) on 16-17 March. It is currently at an important level. It has tested 1114 twice but unable to break it. It's in a nice channel and if it break the 1070 level, then its next stop would be 1047. If it tests 1114 again and breaks it, then it might go as high as 1188.

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Gold is in a bearish trend. 1916 is a good Fibonacci level. If it goes below this, then the next significant Fibonacci level is 1.236 which is about 1878. We can keep our TP at 1879.00. SL at 1952.

minfas

USDJPY is in a trending phase and we can ride this trend while it lasts. SL at 119.850 seems like a safe bet whereas we can target our TP1 at 122.320 and TP2 at 123.

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1.32700 is a significant level around which the price action is currently. Recent 4 candles have been green. The price action made a cup-shaped formation with the bottom at 1.29969. Projecting it upwards, we can expect the price to rise to 1.33704.

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AUD/USD is in a nice channel which it has not broken for quite sometime. We can do a quick long trade with TP of 0.72450 with SL of 0.71400

minfas

ETH has been in a bearish trend for quite sometime. There has been some consolidation recently and it did make a higher high, but it's possible that it will resume its bearish trend or might stay in consolidation range for a while. However, 2771 has been identified as a good resistance zone which used to be a support and now it's a resistance. It's also very close...

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AUD/USD is trading within a nice channel. It has broken previous resistance and will likely touch its older resistance at 0.72846.

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Currently BTC is ranging with no clear trend. It's just coming back from a very strong bearish trend and looks like the market is in consolidation now. It might stay like this for a while. We can go long on BTC by entering at 39648, with our TP at 40400 and SL at 38370. 40400 is just near a good Fibonacci level and it's likely to touch that given that it has...

minfas

BNBUSD looks likely to continue bearish trend. It has a chance of touching/testing 350-360 zone. Currently it's nicely range trading between a channel and we expect this to continue for a while. If it breaks out of this, then it will probably touch around 510.