After trying to regain some momentum NZDJPY still making lower lows on the higher TFs. Also the MAs on the 4hr and Daily cross down. The 4hr is approaching the 61.8 and 50 thats prime entry
after retesting the 38.2 fib and the 50.00 Fib we couldn't excel above to make a higherh high on the 4hr. It made a double top and fell below and broke the 61.8 . Its time to start looking for shorts on this pair. Moving average also shifted down as we couldn't make a higher high
UCAD has been ranging and a lot of shorts are being stacked to go fill that gap below . But UCAD bulls isn’t finished yet . This pair won’t make lower lows and the 4hr MA: crossed up. We can see a double top long term or a touch of the monthly resistance again ✅🧑🏽💻
We are currently overall in a consolidation zone on the daily TF, It is time for us to break out. the 4hr Mas crossed up and the daily also. We hit a hard resistance last week. currently looking for a pull back to one of the fib zones. because of the momentum it can be as early as 38 but we really want 61.8 on the 4hr TF. BULL
After a two week down trend. The bulls finally shows their horns. breaking through multiple resistance after reacting to the low of 130.6. The 4hr time frame moving average crossed up showing momentum to the upside most likely after slight pull back to the fib zones. If 61.8 breaks look for downwards continuation. This is a 4hr analysis and we are looking for a reversal
This is a clear uptrend that recently touched a resistance and didn't break. Pull back imminent to one of the fib levels. If 61.8 breaks looking for shorts. 4hr TF
