Category: Technial Analysis
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed an Inverted Hammer reversal pattern. Currently, the pair is going by the reversal signal in an ascending wave. The goal of the growth might be 1.0725. However, the price may pull back to 1.0600, bounce off it, and continue the […]
Type: Bullish Continuation Key Levels:Resistance:1508.75Pivot:1469.00Support:1423.25 Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line […]
As we all know, Christmas and the holiday season make the market especially volatile. So, get ready for different unexpected and illogical market moves. Bitcoin keeps moving in a very narrow range, trying to define the next move. The asset might potentially pull from the resistance at the level of 18350 next to the broken […]
EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range above 1.0595. Today the range may extend to 1.0662. This will be a correction for the whole wave of decline. After this correction is over, a decline to 1.0595 should be expected. And after a breakaway of this level, a pathway down […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are in the oversold area. The RSI is testing the support level. The quotes are expected to break through 0/8 (0.9277) and grow to the resistance level of 1/8 (0.9399). The scenario can be cancelled by a downward breakaway of the support level of -1/8 […]
Type: Bullish Continuation Key Levels:Resistance:1.07935Pivot:1.05085Support:1.03315 Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where […]
Type: Bullish Rise Key Levels:Resistance:2569Pivot:2422Support:2470 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2569, where the […]
The market major has started growing again. The current quote is 1.0640. The evening US statistics showed that the Conference Board CCI in December grew to 108.3 points from 101.4 points in November. The result was better than expected. Also, the current situation index grew to 147.2 points from 138.3 points; the CCI grew to […]
Technical Trade Set Ups For USDJPY, Apple & Amazon Source: Tickmill
Type: Bullish Continuation Key Levels:Resistance:1.07935Pivot:1.05085Support:1.03315 Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where […]