Considering that analyses are done on the 1h timeframe and that the resistance is only 30 pips away, there could be a very short and fast wave to the upside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done […]
Today there was a clean bounce off the 61.8%, which goes to show strong bullish domination. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with our trusted […]
There are no strong indications of either an uptrend or a downtrend. But considering the double rejection of the resistance, the price could be going down. In absence of the distinguished trend. The risk/reward ratio should be higher than normal and therefore the critical price for sellers should be very close to the current resistance. […]
Bulls are strongly defending the support area which should result in a fast upside move for the USD/CAD. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with […]
Along with many AUD pairs, the GBP/AUD might also move in the direction of the strong Australian Dollar, and perhaps this will be the final wave to the downside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on […]
NZD/JPY still trending up, although there is a very high risk of a trend reversal and therefore we are only expecting one strong wave to the upside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. […]
Across the board, the Australian Dollar still seems to be ready to outperform most if not all other major fiat currencies. While AUD might be very strong as expected, it will likely outperform AUD as well, sending AUD/USD price up, at least in the medium term. Disclaimer: The analysis presented in this article is […]
Along with many AUD pairs, AUD/NZD is expected to rise. The wave up might start either today or early next week. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free […]
The EUR/GBP downside correction might be starting very soon, but only if the price remains below the recent high at 0.9078. The closer price gets to that key resistance, the better the Risk/Reward ratio can be obtained. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered […]
Previously we had few CHF related ideas, on AUD/CHF and NZD/CHF. All of them are pointing out in the direction of the weak Swiss Frank, and CAD/CHF is not an exception. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was […]
