GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 161.500, 162.132, 162.680. Key Support Levels: 160.752, 160.020, 159.738. Daily Time Frame: The price failed to break the 160.572 (purple zone) mark to the downside and left a huge fake out around this area. This shows that the bears were trapped, and the bulls took control of the market which could lead to …
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EUR/CAD Potential Upward Movement
EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.35270, 1.35666, 1.36943. Key Support Levels: 1.32825, 1.31284, 1.30029. Daily Time Frame: The price succeeded to break the accumulation phase to the upside which led to a reversal. The market is posting higher highs and lows another proof that the price is in an uptrend. The EUR/CAD already posted a correction and now …
Read More »GBP/CAD Potential Downward Movement
GBP/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.53000, 1.55558, 1.57145. Key Support Levels: 1.51501, 1.49090, 1.47385. Daily Time Frame: The price failed to continue its move to the upside above the 1.5300 mark. The sellers are about to take control and might push the price back to the downside by leaving a fake breakout above the mentioned resistance. NZD/CAD Medium-Term …
Read More »NZD/CAD Potential Downward Movement
NZD/CAD Long-Term Trend: Bearish Key Resistance Levels: 0.78622, 0.78894, 0.79562. Key Support Levels: 0.77272, 0.76727, 0.76000. Daily Time Frame: The price on the higher time frame could not continue its move to the upside where it left a correction after the sellers managed to reverse the price to the downside near the 0.78622 mark. The market most probably will continue …
Read More »⚠️ USD/JPY Analysis ⚠️
(This is not a signal or a trading idea just an analysis) What Is Next for USD/JPY ? USD/JPY Analysis: The Yen is in a clear upward movement since Jan 2021 where higher highs and lows have been posted. In mid July 2022, the price posted a deep correction to the 61.80 % Fibonacci retracement level which coincides with the …
Read More »⚠️ DXY & EUR/USD Analysis ⚠️
(This is not a signal or a trading idea just an analysis) What Is Next for DXY & Euro? DXY Analysis: Looking at the screenshot above we can see that the DXY is in a clear upward movement where higher highs and lows have been posted inside a bullish channel formation. The market recently retraced to the 61.80 % Fibonacci …
Read More »BNB/USDT (Futures) Potential Upward Movement
BNB/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 399.44, 405.84, 411.74. Key Support Levels: 391.71, 381.96, 375.00. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move …
Read More »NZD/CHF Potential Upward Movement
NZD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.63858, 0.64170, 0.65000. Key Support Levels: 0.63602, 0.63347, 0.63034. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher …
Read More »USD/JPY Potential Upward Movement
USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 128.491, 129.062, 129.500. Key Support Levels: 127.921, 127.453, 127.000. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher …
Read More »GRT/USDT (Futures) Potential Upward Movement
GRT/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.37947, 0.39935, 0.40926. Key Support Levels: 0.35740, 0.34018, 0.32815. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move …
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