We are waiting for the approach to the level of 1.1500 and are looking for buy signals from it.
Price rebounded from the resistance and the upper line of the channel. Trend is downward.
In case of breakdown of support at 1.2840, I am waiting for the pair to decline to 1.2800. In case of breakdown of resistance 1.2880, the pair will continue to move to 1.2950 and further movement to 1.3000 is possible.
The pair is in uptrend and next to the support. USD seems stronger then CAD, so that I expect USD/CAD will go upward soon.
I expect the dollar index to fall to level 96, after which I will look at this level. If it is broken, the next support will be at the level of 95. In any case, in my opinion, the dollar is much stronger than most currencies, so I will look for entry points to purchases from level 96 or 95.
The ratio of open positions for sale and purchase, according to the aggregator of open positions at the close of the market, was 13% for sale versus 87% for purchase. The target direction for opening deals, taking into account Monday, is carried out in the direction of the “crowd”, i.e. in the purchase. While the level of 1.1302 is not broken the probability of...
From a technical point of view, the pair is at the strong support level of 1207 with an uptrend. Despite quotes going down, I am convinced that we will see quotes at levels 1255-1260 by the end of this year.
Notice the ascending channel 4H. In the present situation it’s usually best to wait it out until the quotes break the resistance 1235, or to return to the support 1215.
The pair is unlikely to go much higher, there are strong resistances there. However, United States elections can change the picture ;-)
The pair bounced of the resistance of 1.3030/40 and the 200-day moving average. TP 1.2850 SL 1.3080
NZD/JPY since the beginning of August this year has stuck in a corridor with a lower limit of 72.40 and an upper one 75.40. At this time, the NZD/JPY is testing the strength of the upper limit of this corridor. Given the fact that this pair is in a long-term downtrend, the possibility of going down is very likely. The price bounced of the resistance area of...
Support area was broken and retested. The pair has strong downtrend on 4H and doesn't have support till 2.00400. Bollinger bands have started to expand. Moreover, GBP/USD seems to loose ground, too.
Support area was broken and retested. Bollinger bands started to expand. There's no support till 2.00400. Moreover, GBP/USD is looking very bearish and we have some uncertainty on NZD/USD.
Technical analysis: the pair bounced off the support line crossed by trendline. --------------------------------------------------------------------------------------------------------- Fundamental analysis: movement of FX:USDJPY is dictated by the policy of raising the interest rates of the US Federal Reserve and the policy of minimum interest rates and an...
You can see my point of view on gold on the chart. I already bought a small amount of gold and I'm waiting for a rebound from red trendline to 1295. On the other hand if price goes beneath red trendline I'll buy more from 1265. Guys, I don't use stoplosses with gold, so be careful with amount of money. Anyway, as far as I expect gold will rise in august, so I'm...
The pair bounced of daily trendline and it's just on the support right now. It seems there will be hummer on daily, too. The whole idea is on the chart.
It seems a good idea to go long from 0.9900, but there's a shooting star on 15M just under 1H support so it's better to wait ang go long from 4H support (0.9870) after PA confirmation with the target 0.9900. If the future resistance 0.9900 is passed then price will go to 0.9940 RSI is next to 50 on 1H-4H-1D (we don't have a confirmation from indicator)