CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 88.89, 89.35, 89.59 Key Support Levels: 88.08, 87.43, 87.00 Daily Chart: The price on the higher time frame was rejected from the strong support level around the 88.00 USD mark where the pair managed to post a candlestick that closed above the 50% of the body of the previous bar. This shows that …
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AUD/USD Potential Upward Movement
AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7532, 0.7560, 0.7600 Key Support Levels: 0.7466, 0.7415, 0.7400 Daily Chart: The price on the higher time frame posted an engulfing bullish pattern near the strong support around the 0.7410 USD mark. This led to a reversal and to a move upward which shows that the buyers are overwhelming the sellers and we …
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EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.1878, 1.1895, 1.1900 Key Support Levels: 1.1848, 1.1801, 1.1785 Daily Chart: The price on the higher time frame posted an engulfing bullish pattern near the strong support around the 1.1801 USD mark. This led to a reversal and to a move upward which shows that the buyers are overwhelming the sellers and we …
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USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2628, 1.2687, 1.2700 Key Support Levels: 1.2466, 1.2366, 1.2350 Daily Chart: The price on the higher time frame the price moved higher after the Wyckoff accumulation phase where it posted higher highs and lows. The price as well succeeded to break the daily resistance around the 1.2466 USD and retrace to it. We …
Read More »NZD/JPY Potential Downward Movement
NZD/JPY Long-Term Trend: Bearish Key Resistance Levels: 77.20, 76.73, 76.34 Key Support Levels: 77.93, 78.60, 79.16 Daily Chart: The price on the higher time frame the price broke the bullish channel to the downside, and it broke the daily support around the 77.93 USD and it retraced to it. The pair posted an engulfing bearish pattern which shows that the …
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EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.1918, 1.1984, 1.2000 Key Support Levels: 1.1848, 1.1835, 1.1800 Daily Chart: The price on the higher time frame posted a bullish engulfing pattern where the second candlestick of this formation has a long wick to the downside showing that the buyers took over the market. In addition a double bottom is formed showing …
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EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.1918, 1.1984, 1.2000 Key Support Levels: 1.1848, 1.1835, 1.1800 Daily Chart: The price on the higher time frame posted a bullish engulfing pattern where the second candlestick of this formation has a long wick to the downside showing that the buyers took over the market. EUR/USD Medium-Term Trend: Bullish 1-Hour Chart: On the …
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AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 83.87, 84.08, 84.50 Key Support Levels: 83.43, 83.34, 83.00 Daily Chart: The price on the higher time frame found support around the 83.03 USD mark and the buyers managed to take over the sellers around the 61.80% Fibonacci retracement which coincides with the bespoke support. This will lead to a reversal and then …
Read More »LINK/USDT Potential Upward Movement
LINK/USDT Long-Term Trend: Bullish Key Resistance Levels: 19.52, 20.37, 20.50 Key Support Levels: 17.92, 17.09, 16.50 Daily Chart: The price on the higher time frame the price found support around the 17.09 USDT level which led to a reversal and a move to the upside. The price yesterday posted an engulfing bullish pattern which shows that the bulls are still …
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AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 83.96, 84.26, 84.50 Key Support Levels: 83.10, 82.28, 82.00 Daily Chart: The price on the higher time frame the price found support around the 83.00 USD level which led to a reversal and a move to the upside after posting a bullish engulfing pattern. The price retraced to the same and level and …
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