MANA/USDT (Futures) Long-Term Trend: Bearish Key Resistance Levels: 3.8027, 4.1949, 5.5992. Key Support Levels: 2.5756, 2.3605, 2.1834. Daily Chart: The price on the higher time frame is in a clear upward movement where the market posted a correction count along with a Wyckoff accumulation phase showing that the market is about to move higher, MANA/USDT (Futures) Medium-Term Trend: Bearish 1-Hr …
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GBP/USD Potential Downward Movement
GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.34399, 1.36226, 1.37000. Key Support Levels: 1.32157, 1.29015, 1.28500. Daily Chart: The price on the higher time frame is in a clear downtrend movement where a series of lower highs and lows has been posted. We expect this to continue where the last correction most probably ended and we might see further movement …
Read More »US/OIL Potential Upward Movement
US/OIL Long-Term Trend: Bullish Key Resistance Levels: 84.86, 90.07, 92.90. Key Support Levels: 80.08, 76.18, 70.52. Daily Chart: The price on the higher time frame found support around the 80.85 USD mark level, where the asset posted a hammer bar and a fake out to the downside signaling that the buyers are about to take control of the market. This …
Read More »NZD/CHF Potential Upward Movement
NZD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.65505, 0.65727, 0.66311. Key Support Levels: 0.64666, 0.64120, 0.64000. Daily Chart: The price on the higher time frame failed to break a strong support level around the 0.64670 CHF mark where an engulfing bullish pattern has been posted. This indicates that the bulls took control and they might push the price to the …
Read More »EUR/NZD Potential Downward Movement
EUR/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.63247, 1.63483, 1.64000. Key Support Levels: 1.63000, 1.62761, 1.62000. 1-Hr Chart: The price on the higher time frame failed to break the resistance around the 1.63262 NZD mark where it reversed and moved lower and managed to break the bullish channel to the downside. we expect further movement to the downside in the …
Read More »NZD/CAD Potential Upward Movement
NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.88823, 0.89039, 0.89500. Key Support Levels: 0.88345, 0.88046, 0.88000. 1-Hr Chart: The price on the higher time frame found support around the 0.88343 CAD mark and left a fake breakout to the downside. The market has been lifted to the upside by the help of a double bottom formation. We expect a reversal …
Read More »AUD/NZD Potential Upward Movement
AUD/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.04310, 1.04856, 1.05482. Key Support Levels: 1.03505, 1.03019, 1.03000. Daily Chart: The price on the higher time frame found support around the 1.03505 NZD mark and posted an engulfing bullish pattern showing that the market most probably will reverse. This will lead to a move higher toward the next key resistance level located …
Read More »CHF/JPY Potential Downward Movement
CHF/JPY Long-Term Trend: Bearish Key Resistance Levels: 124.367, 124.991, 125.478. Key Support Levels: 123.626, 122.535, 122.000. 1-Hr Chart: The price on the higher time frame posted an inverse head and shoulders which led to a reversal and a move to the downside by breaking the bullish channel. The market is expected to continue its move to the downside since the …
Read More »GBP/AUD Potential Upward Movement
GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.84200, 1.84366, 1.84961. Key Support Levels: 1.83667, 1.83306, 1.83072. 1-Hr Chart: The price on the higher time frame found support around the 1.82937 AUD mark where the market posted a double bottom which led to a reversal and a move higher. We can see that the coin posted higher lows which shows that …
Read More »USD/CAD Potential Upward Movement
USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.25382, 1.26059, 1.27617. Key Support Levels: 1.24343, 1.23844, 1.23020 Daily Chart: The price on the higher time frame posted a Wyckoff accumulation phase at the bottom which led to a reversal and a breakout of the bearish channel to the upside. Now the main direction is upward where the market succeeded to break …
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