bull seems to be pushing up further, currently at key level to reject/break
Nas100 rejected at daily upward trendline, hammer candlestick on daily timeframe , only correct directions will confirm bh opening of US Market, hourly timeframe still within channel possible sell. Risk management team
nas respecting psychological zones, all is to wait all ideas ,d1 at resistant against previous support trendline
Nas100 respecting of upper trendline will lead to strong bears
our pair seems to respect psychological levels pushed up,on D1 clear BEARISH BUTTERFLY AS MENTION ON PREVIOUS ANALYSIS ON THE PAIR,NOW at critical level which was tested 4 time since 18 may 2021 ,if respect resistance zone bears can move till 1.39920 0r 1.38464 although buys are still strong bulls can move from 1.39202 to 1.42000..good luck
GU UPTREND MOMENTUM VERY STRONG BREAKING ABOVE 1.38325 TAGETING 1.40045 AREA ,WITH THAT WE CAN WITNESS BEARISH BUTTERFLY ON D1
Nasdaq still within uptrend channel H4, range in 15M (triangle marked) ,if reject by psychological level 14074.88 may support at 138969.39 which can develop as chance for bulls to commence strong up momentum, other area above 14074.88 .good luck
Gold consolidation on M15 forming ascending triangle after breaking major resistance at 1755.749 ,bulls can dominate above 17776.800 targeting area of 1803.942 ,gold still in uptrend H1.
descending triangle psychological support level of 14.38 was broken which was a support since January 2019 (major support),now our new targets at 13.92 psychological level since Dec 2019,now market pulling phase on H1 looks to end respecting levels, bears are coming in...kindly checks economic calendar for fundamental confluence pear at a risky level please manage...
bulls moment commencing very well,evidenced by uptrend channel although supply area still respected,lets wait for the market follow our previous plan
still continue on our previuous setup D1 as bearish butterfly,its a uptrend channel on H1 and respecting previous supply area ,breaking below 13800 will open chance for bear to dominate to demand area on our H1.target 13725
Nasdaq heading to major supply zone that give short term buying opportunity and possible sell at the identified zone ,daily TF shows possible harmonic pattern for a sell at D zone (Bearish butterfly)
usdzar at demand zone,bulls may dominate bears if zones respect by both buyers/sellers,on D1 still within down trendline and ranging within marked zone
At major support market closed with buys coming in numbers H1 shows double bottom with possible breakthrough if market can retest that will give bull momentum to push long. hawkish fed policy news may assist the bulls and grow on the next coming week to nas100 companies
GBPUSD respecting zones, Hawkish FED policy to hit china will offer greenback to appreciate over major currencies that will lead to GU breakthrough the support chance for clear bear dominance when retesting the previous support.