sirkamal

sirkamal

My idea here is: It seems I've overlooked the robust support for this pair; it made a beautiful bounce but didn't retest the respected structure. However, I'm anticipating around 19.8000 before we identify a strong resistance area. I want to clarify that I'm not sharing this information as trading signals or entry points. I typically don't provide trading...

sirkamal

Hey Traders!! Currently, the USDCAD pair is consolidating within a rectangular price range, with the lower boundary align closely with a short-term (1-hour) support level that has held firm through recent volatility. This consolidation suggests a temporary equilibrium between buyers and sellers. Given the recent bullish momentum defending this 1H support,...

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My Analysis on NZDCHF Based on my technical evaluation of this currency pair, the price action appears to be retesting the key resistance level within the current market structure. This phase is critical, as resistance zones often act as barriers where selling pressure may intensify. To optimize risk-reward dynamics, I recommend exercising patience and...

sirkamal

Current Market Analysis & Strategy The price has broken down to a key support level, but there are mixed signals across timeframes. Here’s my interpretation: Daily Chart Perspective: The pair appears to have bounced off the support line, suggesting potential bullish rejection (i.e., buyers are defending this level). This could indicate a fake...

sirkamal

It seems I've overlooked the robust support for this pair; it made a beautiful bounce but didn't retest the respected structure. However, I wouldn't be surprised if it attempts to do so again before turning bullish. I'm anticipating a range of 0.35 to 0.37 before we identify a strong resistance area. I want to clarify that I'm not sharing this information as...

sirkamal

Just for an educational purpose and not for financial advice for my analysis. I love using support and resistance analysis, if you study my work, you will see I am a fan of that, in anycase, this pair is on strong support area on the daily candle. Kindly check and let me know what you think.

sirkamal

For those who have been following my BTC predictions; I am still in the bullishs trend, the pair went down and to retest the broken structure of the resistance now becoming the support line, it should go up from the line and my price point to consider if its going up or down is around 107,000; then we should see if it respects the resistance line or if it breaks...

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Since Donald Trump's election, Bitcoin/USD has experienced a strong bullish trend. While there are several factors contributing to this upward movement, the pair is currently nearing a crucial support level in technical analysis. If this support level holds, it could act as a base for another potential bullish trend. On the other hand, there is an alternative...

sirkamal

We have strong support area in both daily and 4 hour chart which is good area to consider buying SOLUSD.

sirkamal Updated 

AUDUSD has falling the past 2 days and came to a strong support area of Fibonacci retracement 0.38 level. my bias is the pair to reverse to the next resistance line and we would see if the pair keeps moving up or it falls again from that level of strucure. alternative scenario is that if the pair is able to break the support structure, it may lead to a...

sirkamal

USDCHF is currently on bearish move, and it has broken a strong support area. The Pair now looks to retest the broken structure turning into resistance. My next target is (if not broken the resistance of course) 0.91718 What do you think of USDCHF Now!!

sirkamal Updated 

EURUSD is on bearish move on the bigger picture, now it looks it is respecting the trend that the market has been able to stay below and above with better respect ratio. I currently have to targets, and most probably both targets are for the next week. What do you think of EURUSD?

sirkamal

Pound Sterling against Canadian Dollar has been on bearish and seems that the pair is currently getting the ability to go on a bullish. My two targets are 1.6717 and 1.68818 What do you think of this pair?

sirkamal Updated 

Pair has been trending to the down side for this month and looks it broke its support structure currently looking to be a resistance that its retesting. Next target is the weekly support level of 1.3776. What is your analysis on EURO CAD?

sirkamal

Long bias for GBPJPY if the head and shoulders is respected. If price gets above the neckline, we should buy on the breakout. Otherwise, we ignore setup. What do you think of gbpjpy for next week?

sirkamal Updated 

GBPJPY is on bearish trend and mainly for fundamental reasons. the pair looks to be showing some reverse double bottom and the neckline retested. My idea here is to wait if the the it has able break out of the resistance trendline. The currently price is on strong level of Fibonacci 0.50 which the market is holding. then wait for the retest to long GBPJPY. The...

sirkamal Updated 

God has been up trending the past week and this was mainly because of fundamentals of Russia vs Ukraine war! There is a lot of uptrend bias than the down trend, despite that, it is interesting enough I guess to see that the pair has formed Head and Shoulders shape, which if it goes below the neckline lead to bearish move. I am closely watching the pair for next...

sirkamal

Hello Traders! Price of EURCHF is currently on a descending trendline and and strong resistance area. If the structure is able to hold the price which then could form a bearish double top, we can think of selling the pair. If resistance is broken, then we can wait for the retest and open long position of the pair. in either way, I am looking the movement of this...