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TitleNZDJPY H4 | Potential bearish reversal TypeBearish Breakout Preference:NZDJPY could continue the downtrend and break the pivot at 90.098, the overlap support, and reverse to the 1st support at 89.261, the multi-swing-low support, that aligns with the 61.8% Fibonacci projection level. Alternative scenario:The price could rise to the 1st resistance at 90.395, the overlap resistance. […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a growth wave to 1.1044. A correction link to 1.1025 is not excluded today. Next, the growth wave might extend to 1.1056. Once this level is reached, a correction to 1.0993 might start, followed by a rise to 1.1088. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD […]
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, revealing the prevalence of an uptrend. A test of the upper boundary of the Cloud at 1.1015 is expected, followed by a rise to 1.1085. The growth could be additionally supported by […]
TitleGBPUSD H4 | Bullish bounce TypeBullish Bounce Preference:GBPUSD is bouncing off the pivot at 1.26957, the overlap support and is rising to 1st resistance at 1.27449, swing-high resistance. Alternative scenario:Price could breakout of pivot at 1.26957 and fall to 1st support at 1.26481, an overlap support. To discuss this trading idea, head over to Tickmill […]
TitleAUDUSD H4 | Potential bullish breakout TypeBullish Breakout Preference:AUDUSD could breakout of the pivot at 0.68152, the pullback resistance, and the price could rise to the 1st resistance at 0.68927, a multi-swing-high resistance. Alternative scenario: Price could reverse to the 1st support at 0.67282, a pullback support. To discuss this trading idea, head over to […]
TitleUSDCAD H4 | Bearish breakout TypeBearish Reversal Preference:USDCAD could continue with the downward momentum and breakout of the pivot at 1.3263, an overlap support, and price reversing to the 1st support at 1.30984, the overlap support. Alternative scenario:Price could bounce off the pivot at 1.3263, and rise to the 1st resistance level at 1.3363. the […]