weekendanalyst

weekendanalyst Updated 

Pair: OANDA:EURGBP Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...

weekendanalyst

Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is at a Supply Zone area - Price action may reverse back below Resistance Trendline Suggested Trade: Entry @ Area of Interest 1.7140 - 1.7160 SL @ 1.7258 TP 1 @ 1.7012 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @...

weekendanalyst

Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H1 & H4 time-frame - Price is currently at a 78.6% Retracement level from Previous Low-High - Price action should bounce between both Supply-Demand Zones - Price is entering a Demand Zone (Yellow Zone) - Aiming for the next Supply Zone (Blue Zone) at a 61.8% Fibo retracement & resistance...

weekendanalyst Updated 

Pair: FX:USDJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price is close to 61.8% Fib Extension Level - Aiming for the 32.8% Fibo Retracement with 23.6% as the TP 1...

weekendanalyst Updated 

Pair: FX:CHFJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price has retraced to 61.8% Fib Retracement Level - Aiming for the lower Support trendline from the mid of...

weekendanalyst

Pair: HTX:CSPRUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H4 time-frame - Price action is close to bottom of a Parallel Channel - Price is entering a Demand Zone (Yellow area @ Current rice) - Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just...

weekendanalyst Updated 

Pair: FX:USDCAD Timeframe: D1 - Long Term (LT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action is at the top-end resistance of a parallel channel - Horizontal trendline looks like a supply zone across few periods - Aiming for the 32.8% Fibo Retracement with 23.6% as...

weekendanalyst Updated 

Pair: FX:AUDUSD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is now at the middle of a parallel channel - Price is at 61.8% Fib Extension Level - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...

weekendanalyst Updated 

Pair: HTX:BTCUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1 and H1 time-frames - Price action may face resistances from being at the bottom of a parallel channel, there is a support trendline going through and there is a demand zone area as shown with the horizontal...

weekendanalyst Updated 

XRP | Buy | Chance for Rally Entry : 0.6065 TP : 0.6420 SL : 0.5856 With recent news that XRP plans to launch a US denominated stablecoin to bridge gap between Crypto & Fiat to generate more uses and liquidity for XRP Ledger blockchain. Technically, the price is currently supported by the 100MA and a 200MA which goes in line with the bottom...

weekendanalyst Updated 

Pair: XRPUSDT Timeframe: H1 Direction: Long Technical Confluences for Trade: - Stochastic momentum is neutral - Price action supported by 100MA - Price bounced off 61.8% Fib levels Fundamental Confluences for Trade: - XRP plans to launch US-denominated stablecoin to bridge the gap between Crypto & Fiat will help generate more uses & liquidity for the...

weekendanalyst Updated 

Pair: BTCUSDT Timeframe: H4 Direction: Short Technical Confluences for Trade: - Stochastic momentum is close to Overbought Conditions - Price action close to few Horizontal and Resistance Trendlines - Aiming for the 1st 23.6% Fibo Retracement Fundamental Confluences for Trade: - There is a large diversion between the positioning of Long-Term &...

weekendanalyst Updated 

BINANCE:ETHUSDT Timeframe: H4 Direction: Long Technical Confluences for Trade: - Price action at Multi-Year Horizontal Support Trendline - Stochastic Oversold momentum - Widening of the EMAs - Fib Channel shows Price action at 0.786 Channel level Suggested Trade: Entry @ Area of Interest 1400 - 1500 SL: 1371 TP1: 1680 (move SL to Entry level once TP1 is...

weekendanalyst Updated 

Pair: FX:AUDUSD Timeframe: H4 Direction: Short Technical Confluences for Trade: - Price action went below mid of Parallel Channel - Stochastic Overbought momentum - Wide EMA gap - Resistance ceiling can be seen at the previous high levels Fundamental Confluences for Trade: - Growth outlook is slowly weakening across the globe due to high prices -...

weekendanalyst Updated 

FX:EURJPY Timeframe: H1 Direction: Short Technical Confluences for Trade: - Price action at Resistance of Ascending Channel - Stochastic Overbought momentum - Widening of the EMAs Fundamental Confluences for Trade: - There is some risk with EUR spiking higher due to the rising inflation situation in Europe but at the same time, global inflation pressure...

weekendanalyst

BITSTAMP:XRPUSD Technicals: - The two Horizontal Trendlines range in Yellow is a good consolidation area albeit quite a wide range - The other 2 Horizontal Trendlines (0.73 and 0.90) are also consolidation areas (good to either TP at those levels or take some off exposures off the table at those levels) Fundamentals: - The crypto space has taken a drastic...

weekendanalyst

BINANCE:ETHUSDT Technicals: - Two Multi-Year strong Horizontal Trendlines - Stochastics is almost in Oversold conditions - Price action close to a Short-Term Resistance Trendline (may break if Brexit causes volatility ) Fundamentals: - The crypto space has taken a drastic hit from big capital wipeouts from major selloffs in various asset classes - There is...

weekendanalyst

GBPAUD Outlook Technicals: - Stochastics moving into Overbought conditions (D and W) - Price action close multi-year Resistance Line of Parallel Channel - Price action likely to consolidateinside the Short-Term Parallel Channel until it breaks Fundamentals: - The Brexit story will remain volatile and may give the GBP a push higher while the AUD may...