As you can see in the chart indicated above, the price action of EURUSD has currently cracked through the daily support while retesting this key level, making it the newly found area of resistance. Price is expected to melt throughout the week towards the next level of support. Please use proper risk management.
At this moment of time, I am short biased on this currency pair. From the looks of USDCAD right now, it looks like there will be an initial push towards the next area of resistance with a potential reversal towards the next area of support indicated in the chart above. Once the price of this currency pair reaches this level of resistance, I will speculate my entry...
At this current moment of time, it looks like the price of this currency pair is starting to reverse from the most recent area of support indicated on H4 time frame. The bullish divergence on the RSI is also an additional confirmation of the long biased position for this currency pair. I would personally recommend taking your profits around the next level of...
Price has recently failed to breakthrough the daily resistance while making a lower swing at this current moment of time. This may be a potential short trade in play. I would recommend going short until the support on this currency pair while applying a tight stop loss slightly above the daily resistance to protect your capital accordingly.
The price of this currency pair has broken through its strong level of support due to the increase of selling pressure at this current movement of time. Price has recently failed to retest the newly found level of resistance which may be an indication of a further push towards the downside for this currency pair. I would wait for a break around the 1.37296 level...
Keeping it simple as possible for this currency pair. The price of EURUSD has recently reversed from the current level of resistance while incorporating a VWAP fade away on the lower time frames. Due to the increase of selling volume, it looks like this will be a short until the support for this currency pair. Happy trading folks!
During this current moment of time, the price of this currency pair seems to be gaining some bullish momentum which has caused an initial bounce off of the current level of support. Due to the increase of buyers coming into the market, I am expecting the price of USDCAD to make a push towards the following level of resistance. Please use proper risk management...
Price has currently reversed from the most recent level of resistance. Based off the price action at this current moment of time, the price of this currency pair is expected to drop towards the following demand zone indicated in the chart above.
Price has currently broken through the most recent level of support. Due to a massive increase of sellers coming into the market alongside the 9EMA and VWAP crossover, this may be a sign of an additional drop towards the next level of support on this currency pair.
As you can see in the chart indicated above, there has been a major surge of buyers coming into the market at this current moment of time. If the price of this currency pair can break through its current level of resistance, this then may be a potential long play at hand with an initial push towards the following zone of support listed above.
Price has failed to break through the most recent level of resistance. This may be an indication of a short term push towards the next level of support.
This currency pair has currently retested and failed to break through the most recent supply zone indicated in the chart above. This may be an indication of a further push towards the downside with the increase of sellers coming into the market at this current moment of time. I would recommend going short until the support on this currency pair to achieve a more...
Gold has recently broken away from its double top formation. There may be a minor pullback towards the most recent level of resistance before making an initial push towards the following take profit points listed in the chart above. Please use proper risk management.
Keeping it simple by going short until the support on this currency pair with a close stop loss just above the zone of resistance to protect capital during such a time of extreme volatility.
This currency pair may be implementing a potential reversal play at hand with the sudden spike of buyers coming into the market alongside the bullish divergence taking place on the MACD indicator. These key factors may be a sign of a potential push towards the upside.
USDJPY has currently reached a strong level of support and has successfully made a bounce off of this key level. This may be a temporary long for this currency pair due to the sharp change in direction alongside the MACD and EMA crossovers. Please use proper risk management to allow yourself to profit heavily during this extreme time of market volatility.
GBPJPY has recently failed to break out from the current level of resistance indicated in the chart about. Over the past few days, this currency pair had been in a minor consolidation period. As of today, price has finally broke its horizontal trend while making a lower high and lower low. This may be an indication of a further push towards the respected levels of...
Price of EURUSD is at a current level of resistance. It looks like this currency pair is starting to make a gradual move towards the downside on the lower time frames. This may be an indication of an increase in sellers coming into the market at this current moment of time. Going short until the support on this one.
