Latest Market News
USDCAD, “US Dollar vs Canadian Dollar” On H4, USDCAD has formed a Shooting Star reversal pattern. Currently, the currency pair is going by the reversal signal in a descending wave. The target of the decline might be 1.3495. The price has a chance to break it and continue the downtrend. However, the price may pull […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0844. Extension of the range to the level of 1.0870 is not excluded. Next, we expect a decline to 1.0820, followed by a link of growth to 1.0844. After the price reaches this level, it could drop to 1.0800. And after […]
TitleBCOUSD, H4 | Potential bearish reversal TypeBearish Reversal Preference:Price could approach our pivot level of 80.514 and reverse from here, we could see momentum move price down to its 1st support of 76.972. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 83.401. To discuss this trading idea, head […]
TitleES1!, H4 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot level of 4035.97 and reverse from here, we could see momentum move price down to its 1st support of 3932.12. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 4083.38. To discuss this trading idea, head […]
TitleBTCUSD, H4 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot level of 28228.36 and potentially reverse from here, we could see momentum carry price down to its 1st support of 26052.6. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 28962.05. To discuss this trading idea, […]
TitleAUDUSD, H4 | Potential bearish reversal TypeBullish Bounce Preference:Price is approaching our pivot level of 0.6637 and potentially reverse from here, we could see momentum carry price up to its 1st resistance of 0.6782. Alternative scenario:If price breaks below the pivot level, it could hit the 1st support of 0.65647. To discuss this trading idea, […]