Technical Analysis: CADCHF is in a bearish trend, having broken out of a previously bullish channel and consistently closing candles outside the channel. We will enter a sell position at the 0.5 Fibonacci retracement level , below the channel and respecting the trendline. The pair is printing lower lows (LL) and lower highs (LH), indicating strong bearish...
Technical Analysis: EURNZD is in a confirmed bearish trend, having broken the trendline on the 4-hour chart. The pair is showing bearish divergence , which signals a continued downtrend. We will enter a sell position at the 0.5 Fibonacci retracement level to take advantage of the bearish momentum. The stop loss will be placed above the last higher high (HH)...
Technical Analysis: AUDCAD is in a bullish trend, moving within a bullish channel on higher timeframes. Recently, it broke above the trendline, confirming the continuation of its upward movement. The pair is printing higher highs (HH) and higher lows (HL), signaling strong bullish momentum. We will look to buy at the 0.382 Fibonacci retracement level to...
Technical Analysis: GBPNZD is in a strong bearish trend, moving within a bearish channel and consistently closing candles inside the channel. The pair is printing lower lows (LL) and lower highs (LH), reinforcing the downward momentum. With no divergence , the trend looks stable for continuation. We will look to sell at the 0.5 Fibonacci retracement level to...
Technical Analysis: GBPNZD is in a strong bearish trend, moving within a bearish channel and consistently closing candles inside the channel. The pair is printing lower lows (LL) and lower highs (LH), reinforcing the downward momentum. With no divergence , the trend looks stable for continuation. We will look to sell at the 0.5 Fibonacci retracement level to...
Technical Analysis: GBPUSD is in a clear bullish trend, moving within a bullish channel and printing consistent higher highs (HH) and higher lows (HL). The RSI is in sync with the price action, confirming the bullish momentum. We will look for a buy entry at the 0.618 Fibonacci retracement level, aligning with the bullish trend continuation. Entry Strategy:...
Technical Analysis: EURAUD is in a strong bullish trend, moving within a bullish channel and respecting the channel boundaries. The pair consistently closes candles inside the channel, confirming the continuation of the trend. On the 30-minute timeframe, a bullish divergence further supports upward momentum. The pair is printing higher highs (HH) and higher...
Technical Analysis: AUDCHF is in a clear bearish trend, moving within a well-defined bearish channel. The pair is respecting the channel and consistently closing candles within it, further confirming the downtrend. Bearish divergence on the 1-hour timeframe supports the likelihood of continued downward momentum. The pair is printing lower lows (LL) and lower...