pofseur

pofseur

Hello Traders, I will be watching the AUDNZD for a possible break-out above the previous Resistance levels. On the 1D chart, a Bullish Engulfing Candle formed and easily eliminated the prior days’ losses. Strong Hidden Bullish Divergence has also formed on the MACD Platinum/Price Chart 1D. Elsewhere on the 16H, the price has diverged from the RSI since mid-April...

pofseur

Hello Traders, The CADCHF pair may continue its move upwards following the current pull-back. The pair has reached a moderate level of support. There is also Hidden Bullish Divergence forming on the 4H price chart/MACD Platinum possibly signaling the end of the current pull-back. This trend continuation becomes invalid if the price chart drops below the previous...

pofseur

Hello Traders, The USD had a rough week but the CHF is hitting strong resistance at the .9600 area. The price may rebound to the trend-line. RSI has been nearing over-sold territory and Bullish Divergence has formed on the MACD/Price Chart. If you liked my analysis, please give me a follow. *The above is not trading advice but simply my analysis of the market*