A very interesting pattern of support and resistance was created with 3 support points and 3 resistance points, because of our proximity to the support line and the margin we have until reaching the resistance line we recommend buying The bullish trend supports our model Target: 1.4120
The EURAUD is currently down by more than 2000 pips (11%), a very significant decline. Although Stochastic is not yet cross-linked, it is found to be relatively low. RSI warns of a possible trend reversal. And the most interesting point is the encounter with the 200 moving average line which is a very serious support that increases the likelihood of looking Pull...
The gold at a resistance line of Fibonacci 0.78, although this resistance line can be broken, it should be taken into account that this does not happen easily. The Stochastic crosses a landline and is above the 80 line, the previous 2 times the gold was in this area (80) the gold fell on average 200 points. The RSI has risen to 75 points, which is usually...
The EURUSD is still in a downward trend as you can see in the graph above, in March there was a false alarm and since then it has returned to its normal-descent track. This time it was the average 100 moving line which was used as a resistance line For all the reasons stated we recommend a sale Target: 1.0820
The USDCAD is above the important moving average lines (100,200). The candles are located above the Ichimoku cloud The trend is a definite upward trend Target: The USDCAD will look for a resistance line and this line is at 1.3980 so that will be our target.
After the BTCUSD failed to break the resistance line at $ 10367, the crash began (-23%). The candles have moved below the Ichimoku cloud which is a bear sign and in our estimation Bitcoin will continue to decline and stop at the 100 moving average line. Target: $ 7250
The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line According to Stochastic and RSI, the declines have not yet come to an end. Right now the...
The EURUSD has reached the target we set out in the previous review, and as we expected the EURUSD has broken the average moving line 100, and now the average moving 200 as well. The EURUSD is facing a stiff resistance line, a channel that has been declining since May 2018. So what actually changed? This time we will recommend buying (unlike the previous times...
The upward trend in the daily graph currently holds. The candles are located above the Ichimoku cloud but on the other hand, are below the average Ichimoku indicator lines (kijun-sen, Tenkan-sen), the indicators disagree on the future of the ETH. As long as the Ethereum remains above the $ 213 support line, we will continue to recommend buying Target: $ 280
Gold made an aggressive price correction on Friday, where is the direction now? Looking at the Fibonacci retracement you can see that the gold stopped at the indicator's resistance at 0.78 and immediately corrected to 0.61. The most realistic possibility is that the gold will range from $ 1550 to $ 1685 The recommendation is to buy but if the gold breaks the above...
We continue with the positive sequence we have on EURUSD Technical Analysis. You can see that EURUSD was really waiting to get close to the support line to explode upwards. Currently, EURUSD has met serious resistance (moving average line 100) The EURUSD is still trending down, below the 200,100 average moving line, below the Ichimoku cloud. Our recommendation is...
Bitcoin failed to break the resistance line at $ 10340 and responded to declines. The position of the BTC / USD just above the 200 moving average line can be a great area to buy especially if you add the Stochastic indicator that reached the Oversold range, we are still not making statements that Bitcoin will return to its upswing in the next two weeks. Our...
We are still a long way from getting the double top pattern confirmation but we have an interesting start here, just in case the CAC40 dropped below 5000 points so the trend change will be final. RSI + Stochastic 2 These indicators indicate more room for declines. Target: $ 5450
A clear bullish trend. The Gold above all-important average lines. The candles are placed above the Ichimoku cloud which strengthens the buying signal. There will be a price correction on the way to the top but it remains a price correction and not a trend change. Target: $ 1780
As we will see in the current review, there are some technical issues to continue the ups. The Ripple failed to rise above the 200 moving average line and instead returned to decline. The one last candle was closed in the form of a Doji and the candle that came immediately after the Doji is red which is a confirmation for a bear model. The XRPUSD is still in...
As you can see in the graph above, the EURUSD is coming to the downline support line that it has been on since May 2018. Stochastic has reached the minimum possible, indicating a trend change. RSI below 30 points also indicates a possible trend change. The EURUSD could still drop plus-minus 50 points but we are definitely near the end of the declines. Target: 1.0930
Bitcoin failed to break the resistance line at $ 10500 and responded to declines. When Bitoicn reached the resistance line, the RSI + Stochastic were at their peak, pointing to Overbought with a serious chance of a trend change and that is indeed what happened. At the moment we are still within the above correction and it can continue until the average line moves...
Last month the GBPUSD stopped right at the resistance line, just below the Ichimoku cloud. We are only at the beginning of the current month, but you can already see that the current candle supports the bear model. The GBPUSD is below the important moving average lines and below the Ichimoku cloud so our recommendation is to sell Target: 1.2750