NZD/USD (H4): Possible increases
NZD/USD (H4): Possible increases
Forecast: Rebound from downward channel upper limit (from the top) which coincide with local support (0.6560).
Alternative Scenario: Moving back inside bearish...
SILVER (H4): Near trend line
SILVER (H4): Near trend line
Forecast: Another downward move after touching trend line and resistance near 14.85
Alternative scenario: Trying to breach current resistance
Comments: Investor should...
Harmonic Trading – EUR/USD Bullish Bat
Yesterday formation changed it shape which drag the USD/CAD rate to SL point. Butterfly patterns may have their D points (the lowest ones) on...
Price Action Setups Daily – AUDNZD, EURUAD, EURCAD, EURJPY – July 30th
AUD/NZD
Broader upward correction on AUD/NZD. We should still look for sell signals (using D1 and H4 TFs) – the bias will change after D1...
DAX Market Update – Wednesday Summary
Wednesday’s session took place in the shadow of just one event. We are talking of course about FOMC interest rate decision. Rates remained at...
GBP/USD (H4): Another problems under the resistance
GBP/USD (H4): Another problems under the resistance
Forecast: Strong supply reaction below the 1.5670 resistance, targeting 1.5460
Alternative Scenario: Trying to re-test resistance once again
Comments: Price...
NZD/JPY (H4): Inside consolidation
NZD/JPY (H4): Inside consolidation
Forecast: Price reacting to consodliation upper limit (82.80)
Alternative scenario: Trying to breach current resistance
Comments: Investor should consider going short – consolidation...
Price Action Setups Daily – AUDJPY, AUDNZD, EURAUD, EURJPY, NZDJPY – July 29th
AUD/JPY
Outside Bar pattern formed which gives opportunity to consider long positions. D1 trend is clearly downward, W1 also. RR ratio with SL around 70...
DAX Market Update – Tuesday Summary
Tuesday initially brought a rebound, but the day ended as doji bar where supply and demand are almost equal. Monday and yesterday candles formed...
Harmonic Trading – USD/CAD Bullish Butterfly
Harmonic Trading articles we look for currency pairs harmonic patterns on M30 and H1 time frames. You need to remember, that formation alone is...