Day: July 26, 2021

Google is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic is above 80 level and maintenance here (blue arrow) increases the chance of a successful trade. However, the RSI is overbought (blue shaded area) and...

AAPL is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and align short-term traders with the daily. If the stochastic maintains the upper levels above 80 (blue arrow), there is a probability of a bullish momentum push. Trend following indicators may be useful...

EURCHF is approaching buy entry, in line with 61.8% Fibonacci extension. Prices may rally up take profit level in line with 61.8% Fibonacci retracement. Alternatively, prices may fall to stop loss, in line with 100% Fibonacci extension, and 161.8% Fibonacci retracement. Moreover, Stochastic is approaching support. Any opinions, news, research,...

AUDUSD is approaching sell entry, in line with 61.8% Fibonacci retracement. Prices may fall to take profit level in line with 127.2% Fibonacci retracement and 78.6% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 78.6% Fibonacci extension, and 127.2% Fibonacci retracement. Moreover, EMA is holding above...

Price is under a descending trend line and is expected to rise and reverse at 1.180 which is in line with the 61.8% Fibonacci retracement as well as the 161.8% Fibonacci extension level. We can expect the price to take support at 1.17525 which is in line with horizontal swing...

Price is holding below the descending trendline and approaching a horizontal swing low support which coincides with the 38.2% Fibonacci retracement level. Should price successfully break this level, we can expect a bearish plunge to our take profit at 75.532 which is in line with the 78.6% Fibonacci extension level...

Price continues to rest above the ascending trendline at 1.25658 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Price is likely to rise to the 1st resistance at 1.27810 which is in line with the horizontal swing high and the 61.8% Fibonacci extension. Our bullish bias is further...

GBPUSD holding below short-term descending trendline resistance. A short-term drop below our entry at 1.37563 towards our take profit and Fibonacci confluence zone at 1.36896 could be possible. RSI is also holding below short-term descending trendline resistance where the price dropped in the past. Any opinions, news, research, analyses, prices,...

Price broke below ascending trendline support, now resistance. A further drop below our entry and 38.2% Fibonacci retracement at 110.419 towards graphical swing low and graphical support zone at 110.034 could be expected. RSI is also reacting below resistance where price pulled back in the past and we see bearish...