ETHUSD, H4 I Approaching Pivot, Potential For A Rise!

Type: Bullish BounceKey Levels:Resistance: 3412Pivot: 3041Support: 2837Preferred Case:Price is expected to bounce off the Ichimoku support and horizontal overlap support at our pivot of 3041. We are biased that price will rise to 1st resistance at 3412 in line with the 127.2% Fibonacci extension level and horizontal swing high resistance.Alternative Scenario:Alternatively, price may break pivot structure and head for 1st support at 2837 in line with the horizontal swing low support.

Source: Tickmill

Technical Analysis & Forecast 16.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave

Murrey Math Lines 16.04.2024 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has

Ichimoku Cloud Analysis 16.04.2024 (EURUSD, USDJPY, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the lower boundary of the bearish channel. The pair is going below the Ichimoku Cloud, which suggests

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