Category: Technial Analysis
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 […]
The Japanese yen against the US dollar remains strong. The current quote is 132.89. A week has passed since the intervention of the BoJ, and the yen has renewed the highs of the last 4 months. Now it is going back very smoothly and almost unnoticeably. Meanwhile, it must be admitted that the interventions had […]
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 […]
Type: Bullish Rise Key Levels:Resistance:3.9600Pivot:3.6885Support:3.5545 Preferred Case:Looking at the H4 chart, my overall bias for HG1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 3.9600, where the previous swing high is. Alternative […]
EURUSD, “Euro vs US Dollar” The currency pair has finished correcting to 1.0659. Today a consolidation range might form under this level. With an escape downwards, a new wave of decline to 1.0610 should start. With a breakaway of this level, a pathway to 1.0560 will open, followed by a correction to 1.0600 (a test […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. Now it may go by the signal in an ascending wave. The goal of the growth might be 1.0720. However, the price may pull back to 1.0600, bounce off it, and continue the uptrend without a […]
EURUSD, “Euro vs US Dollar” EURUSD is getting ready to break through the resistance level. The instrument is going above the Ichimoku Cloud, which indicates an uptrend. A test of the lower border of the Cloud at 1.0635 us expected, followed by growth to 1.0855. An additional signal confirming the growth will he a bounce […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has risen above the resistance line. An upwards breakaway of 7/8 (0.6774) is expected, followed by growth to the resistance level of 8/8 (0.6835). The scenario can be cancelled by a […]
The crypto sector has not found anything to surprise investors yet. At the end of December, the BTC is balancing near 16,873 USD. Weekly growth was just 0.88% – nothing to be proud of for the BTC. These days are boring for crypto investors. The year started with 46,216 USD – and look where we […]
On Monday, the market major is neutral. The current quote is 1.0630. The Catholic World is celebrating Christmas. Hence, many markets are shut down on Monday and Tuesday; there are no events or statistics. After such a volatile year, it is high time to slow down. Until Thursday, the macroeconomic calendar will be empty. Next, […]