Type: Bullish Rise Key Levels:Resistance:1917.5Pivot:1744.0Support:1656.5 Preferred Case:On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1917.5, where the 78.6% Fibonacci line is. Alternative Scenario:Price […]
Type: Bullish Rise Key Levels:Resistance:684.25Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! 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 684.25, where the 78.6% Fibonacci line is. Alternative […]
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 […]
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 […]
JPY Well Bid Following BOJ The Japanese Yen is surging higher across the board today on the back of a surprising tweaking of the BOJ’s yield curve target rate. At the December meeting overnight, the BOJ widened the band by 0.25%. JGB yields will now be allowed to trade as higher as 0.5% with many […]
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 […]
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 […]