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Author: admin_mrkets

By admin_mrketsIn ForexPosted August 2, 2022

DOTUSD Potential for Bearish Continuation | 2nd August 2022

On the H4, with price breaking the ascending channel , we have a bearish bias that price might drop from our buy entry at 7.53, which is in line with 100% projection and 61.8% fibonacci retracement to the take profit at 6.57, which is in line with overlap support and...

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By admin_mrketsIn ForexPosted August 2, 2022

XAUUSD Potential for bullish rise | 2nd August 2022

On the H4, with prices going up, we have a bullish bias that price may rise to our entry level at 1768.25. Price should rise to our take profit level 1784.25 which coincides with 127.2% Fibonacci Extension . If prices rejects, stop loss will be at 1758.48 Any opinions, news,...

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By admin_mrketsIn ForexPosted August 2, 2022

NZDUSD Potential for Bullish Continuation | 2nd August 2022

On the H4, with price going along the ascending trendline, RSI showing an ascending trendline and moving above the ichimoku cloud , we have a bullish bias that price will rise from the buy entry at 0.63447 where 61.8% fibonacci projection is to the take profit at 0.64648 where the...

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By admin_mrketsIn ForexPosted August 2, 2022

AUDUSD Potential for Bullish Continuation | 2nd August 2022

On the H4, with price moving above the ichimoku cloud and going along the ascending trend channel, we have a bullish bias that price will rise from the buy entry at 0.70538, where the 61.8% fibonacci retracement is to the take profit at 0.71534 at the swing high and 78.6%...

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By admin_mrketsIn ForexPosted August 2, 2022

EURUSD Potential for Bullish Trend | 2nd August 2022

On the H4, prices have broken the bearish trend moving into a bullish biased trend. Price is now testing at the resistance 50% Fibonacci retracement level. We will take an entry there with stop loss at 1.014. If prices continues in the bullish trend we will expect it to go...

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By admin_mrketsIn ForexPosted August 2, 2022

MSFT Potential for bullish rise | 2nd August 2022

On the H4, with prices moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the buy entry at 275.24 where the overlap support and 23.6% fibonacci retracement are to the take profit at 290.73 where the swing high resistance,...

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By admin_mrketsIn ForexPosted August 2, 2022

ETHUSDT H4 Potential for bullish momentum | 2nd August 2022

On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise to our buy entry at 1644.27 where the overlap resistance is. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to take...

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By admin_mrketsIn ForexPosted August 2, 2022

DXY Potential for Bearish Trend | 2nd August 2022

On the H4, prices have broken the ascending trend into a bearish biased trend. Prices have been strong in its bearish momentum, still respecting the Ichimoku cloud . It is moving towards the 78.6% Fibonacci retracement . If price were to break this support level , it will pull back...

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By admin_mrketsIn ForexPosted July 7, 2022

US30 Potential bearish drop | 7th July 2022

On the H4, with price expected to reverse off the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 30422 where the horizontal swing low support and 61.8% Fibonacci retracement are from our 1st resistance at 31216 in line with the horizontal...

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By admin_mrketsIn ForexPosted July 7, 2022

DAX Potential Bullish Continuation

On the H4, with price moving in an ascending trendline on the RSI and price recently breaking the descending trendline, we have a bullish bias that price will rise from the pivot at 12616 at the pullback support at the swing low in line with the 78.6% fibonacci projection to...

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