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TitleEURJPY H4 | Bullish reversal off 61.8% fibo? TypeBullish Bounce Preference:Price could fall to our pivot point at 157.07, which is a pullback support level, aligning with the 61.8% fibo retracement. If price bounces off the pivot point, then price could rise towards the 1st resistance at 157.91, which is an overlap resistance level, aligning […]

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GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the support level. The instrument is going under the Ichimoku Cloud, which implies a downtrend. A test of the Kijun-Sen line at 1.2425 is expected, followed by a decline to 1.2215. An additional signal confirming the decline could be a rebound from the upper […]

USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed an Inverted Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be 1.3585. Next, the price might break the resistance and continue the uptrend. However, the quotes could correct to 1.3475 before rising. […]

TitleUS30USD H4 | Bullish bounce off 61.8% Fibo? TypeBullish Bounce  Preference: Price is approaching our pivot point at 34545.6, which is an overlap support level, aligning with the 61.8% fibo projection and slightly below the 61.8% fibo retracement. If price bounces off the pivot point, then price could head towards the 1st resistance level at […]