There was no breaking the resistance at $ 158 like we thought it might be The last 2 candles were closed in the shape of a star that they would usually appear at the end of the trend and indeed the candle that followed was red The Ichimoku cloud continues to be a bear cloud and the candles are still below the cloud and the blue line is still above the red line,...
The Ethereum faces a resistance line that used to be a support line. Judging by Stochastic Indicator and RSI Indicator we are ahead of wave ups. In the case of breaking the resistance line at $ 160, Ethereum will be able to return to the range between $ 160 and $ 193. We recommend a very careful purchase with an initial target of $ 161
The pound traded in the range between 1.2781 and 1.3018. Breaking one of the lines will spark serious ups or downs. The trend in the daily graph is an upward trend. Target: 1.30
While we are still within the descending channel, there are some positive points. The eurusd is just touching a support line so either it will give it power to rise back or it will break it, we believe the first option. After a long red Icimoku cloud we have a change to a green cloud which is a bullish sign. Stochastic approaches the Oversold area. Target: 1.1080
Upward trend on the daily chart. Stochastic Indicator approaches the Overbought upper value. We have drawn a resistance line at 0.6450 in the graph above as you can see the nzdusd has trouble breaking the above line. Buy only having a resistance line break By then Sell with a target of 0.6330
Gold stopped right at the support line. The broad trend (weekly, monthly) Because the trend of the last few days is a negative trend we recommend buying with SL in 1447 just below the support line Possible Target: $ 1475
A very technically important day! Yesterday's candle closed in the shape of a hammer that usually appears at the end of a trend. RSI has dropped below the 30th line which is usually also announcing the end of the trend. Yesterday's candle closed right on the Fibonacci retracement 23.6 support line. If the daily candle does not close green, then the hammer theory...
Our sales recommendation is based on several things. The Brent is below the average line and as you can see in recent months it has not really been able to rise above it. Stochastic is Overbought (over 80 points). The Ichimoku cloud is still red which means we are still in the midst of a downward trend. Most importantly in the daily graph, a red star appeared in...
Great time to sell as long as resistance at 0.9985 hasn't broken. According to the Stochastic we have reached a very high level, so it is unlikely to be broken. We have a beginning of a red Ichimoku cloud that starts what can announce the beginning of a downtrend. Target: 0.9870
A critical moment on the Ripple, you can see in the graph above that in September we were in the same situation as today and then the Ripple came back out of nowhere. Judging by the trend or most of the indicators then the recommendation is definitely selling but history cannot be ignored. The recommendation is to Buy with SL very close like ($ 0.2260) and to the...
A definite downward trend. The Bitcoin below the 200 moving average which is a bearish sign while we have some bullish signs: Stochastic below line 30 after the lines intersected and the blue line rose above the red line. RSI at the 30th line which is usually at the end of a trend or at least a price correction. So which strategy to choose? We recommend as long as...
Start of a bullish trend in the daily graph. The eurjpy is above the 200 moving average line. Total positive momentum + Euro positive momentum Target: 121.40 The eurjpy will test the resistance there
We usually prefer to analyze graphs in D1 but this pattern in the monthly graph forces us to write about it. 2 Doji candlestick symbolizing a trend ending (to confirm the current candle theory should close in red ... got off to a good start) The 200 moving average line synchronizes with the resistance line at 1.7760. This is the third time eurnzd has touched the...
A significant downward trend, but the support line can still be ignored at 0.85, with low chances of such support not responding to increases. The RSI supports our buying strategy. Target: 0.8670
The above model speaks for itself but we will add some points anyway! We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance! The Stochastic indicates Overbought We have a start of a red Ichimoku cloud that warns of a downward trend. Target: 1.32 If usdcad breaks...
Bullish trend. As you can see in the above graph, the previous two times that usdjpy touched the 200 trend line the response was a nice increase. We believe usdjpy is on the way to test resistance at 109.40 in the weekly graph. Target: 109.40
Positive momentum in the daily trend although the trend is bearish. The gbpusd will rise to 1.31 to test the trend line 200 as it has been done several times as seen in the above graph. Target: 1.31
The gold fails to continue the positive momentum of the last few days, the gold halted in the resistance of the Ichimoku cloud and moved again to declines. The Ichimoku indicator indicates continued declines in the daily graph. Target: $ 1440