TitleBullish ReboundTypeBullish BreakoutPreference:Price is rising towards the pivot point of 99.77 and we could potentially see momentum carry price up to its 1st resistance at 100.64 which is a pullback resistance level.Alternative scenario:If price bre...
6 months agoGBP/USDAnalysis:On a large scale, a bearish trend has been forming in the price chart of the pound since July last year. In the wave structure, the entire month has seen the development of the final part (C). Quotes have reached the upper boundary of the...
6 months agoToday’s focus: AUDJPY Pattern – ContinuationSupport – 98.90 & 98.35Resistance – 100.20 & 100.60 Hi, traders; thanks for tuning in for today’s update. Today, we are looking at the AUDJPY on the daily. We could have a new continuation formi...
5 months agoGBP/USDAnalysis:The daily chart scale of the major pair of the British pound since last summer demonstrates the formation of a horizontal descending correction. By now, quotes have reached the boundaries of a strong potential reversal zone. The wave struc...
5 months agoWith the appearance of deviation between price movement with Stochastic Oscillator indicator on the 4 hour chart of AUD/JPY cross currency pairs also supported by MA 20 which intersects of the Golden Cross above MA 200 gives the clue that currently buyers...
5 months agoGBP/USDAnalysis:The British pound in its main pair has been primarily moving sideways since July last year. The incomplete "pennant" formation on the chart suggests the continuation of this trend for at least the next few weeks. The unfinished segment is...
5 months agoIf we look at the 4-hour chart of the AUD/JPY cross currency pair, it appears that there is a deviation between its price movement and the MACD Histogram indicator, coupled with the condition of the EMA 20 which is below the EMA 50 and the price movement...
2 months agoGBP/USDAnalysis: The major pair of the British pound continues its upward movement on the price chart. The structure of the trend wave at the time of analysis is not completed. Since mid-July, the pair's price has moved sideways from the resistance zone,...
2 months agoGBP/USDAnalysis: Since autumn of last year, the direction of the British pound has been guided by a bullish trend. In the short term, the price has been declining throughout the last month. However, it is important to note that this wave is correcting the...
2 months agoAlthough currently on the 4-hour chart the AUD/JPY cross currency pair is correcting and strengthening and is trying to test its Dynamic Resistance at MA 200 (green), but with the appearance of a deviation pattern between the AUD/JPY price movement and th...
2 months agoGBP/USDAnalysis:The major pair of the British pound continues its upward movement, which began at the start of this month. The price has broken through intermediate resistance, opening the way for further growth. Before the trend continues, it is necessar...
1 month agoIf we look at the 4-hour chart of the main currency pair AUD/JPY, there are two interesting things, namely the first is the appearance of a Rising Wedge pattern and the second is the deviation between the price movement of AUD/JPY which forms a Higher-Hig...
1 month agoOn the daily chart, the AUD.JPY cross currency pair can be seen moving below the MA 50 and the CCI (30) indicator has successfully broken below its 3 main levels (100, 0, -100) which means that the strength of the sellers is still quite dominant, but with...
1 month agoWith the appearance of deviations between price movements and the RSI indicator (5) on the 4-hour chart of the AUD/JPY cross currency pair, in the near future AUD/JPY has the potential to weaken where the Fair Value Gap area level has the potential to be...
1 month ago