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Author: admin_mrkets

By admin_mrketsIn ForexPosted May 17, 2022

XAUUSD potential for drop! | 17th May 2022

On the H4, with price moving below the ichimoku , we have a bearish bias that price will drop from our 1st resistance at 1834 where the horizontal pullback resistance and 61.8% Fibonacci retracement is to our 1st support at 1798 in line with the swing low support. Alternatively, price...

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By admin_mrketsIn ForexPosted May 17, 2022

BTCUSDT Potential for bullish momentum | 17th May 2022

On the H4, with the MACD showing a bullish momentum, we have a bullish bias that price will rise to our take profit at 31334.20 in line with the horizontal swing high resistance and 78.6% Fibonacci projection from our buy entry at 29554.29 in line with the horizontal swing low...

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By admin_mrketsIn ForexPosted May 17, 2022

Dow Jones potential for drop! | 17th May 2022

On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our sell entry at 32602 where the 50% Fibonacci retracement is to our take profit at 31294 in line with the horizontal swing low support. Alternatively, price may break...

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By admin_mrketsIn ForexPosted May 17, 2022

DXY potential for rise! | 17th May 2022

On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 104.989 where the swing high resistance is from our 1st support at 104.078 in line with the horizontal pullback support and 38.2% Fibonacci retracement ....

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By admin_mrketsIn ForexPosted May 17, 2022

Oil potential for drop! | 17th May 2022

On the H4, with price expected to reverse off the stochastics indicator resistance, we have a bearish bias that price will drop from our 1st resistance at 114.39 where the 127.2% Fibonacci extension is to our 1st support at 111.11 in line with the 23.6% Fibonacci retracement . Alternatively, price...

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By admin_mrketsIn ForexPosted May 17, 2022

AUDUSD potential for drop! | 17th May 2022

On the H4, with price moving below the ichimoku , we have a bearish bias that price will drop from our 1st resistance at 0.70378 where the pullback resistance and 50% Fibonacci retracement is to our 1st support at 0.68870 in line with the swing low support. Alternatively, price may...

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By admin_mrketsIn ForexPosted May 17, 2022

GBPUSD potential for drop! | 17th May 2022

On the H4, with price moving below the ichimoku , we have a bearish bias that price will drop from our 1st resistance at 1.23967 where the 50% Fibonacci retracement and swing high resistance is to our 1st support at 1.21711 in line with the horizontal overlap support. Alternatively, price...

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By admin_mrketsIn ForexPosted May 9, 2022

EURUSD potential for rise! | 9th May 2022

On the H4, with price expected to reverse off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 1.06200 where the horizontal swing high resistance and 12702% Fibonacci extension is from our 1st support at 1.04238 in line with the swing low...

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By admin_mrketsIn ForexPosted May 9, 2022

GMTUSDT potential for a drop! | 9th May 2022

On the H4, with price expected to reverse off the ichimoku cloud resistance, we have a bearish bias that price will drop from our 1st resistance at 2.77392 where the horizontal swing high resistance and 23.6% Fibonacci retracement is to our 1st support at 2.24956 in line with the 161.8%...

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By admin_mrketsIn ForexPosted May 9, 2022

NZDUSD potential for a drop! | 9th May 2022

On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our 1st resistance at 0.64039 where the 23.6% Fibonacci retracement is to our 1st support at 0.63172 in line with the horizontal swing low support. Alternatively, price may break...

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