Price is facing bearish pressure where we could see a reversal below this level.
EURUSD is facing bearish pressure, potential drop | 26 Feb 2021
Price is facing bearish pressure where we could see a reversal below this level.
Possible trend shift in AUDUSD – going short
The Tidal Shift Strategy has just sold AUDUSD at 0.78485. The system recommends entering this trade at any price between 0.78244 and 0.78726. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.04828, which suggests that...
USDJPY is approaching support, potential bounce | 25 Feb 2021
Price is approaching support where we could see a bounce above this level. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well.
USDJPY is approaching support, potential bounce | 25 Feb 2021
Price is approaching support where we could see a bounce above this level. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well.
USDCHF facing bullish pressure |25th FEB 2021
USDCHF has broken through downtrend line on the daily timeframe . It has the potential to bounce from 1st support, which coincides with horizontal swing high and 61.8% Fibonacci extension level to the 1st resistance which is a Fibonacci confluence area of -27% Fibonacci retracement and 161.8% Fibonacci extension ....
USDCHF facing bullish pressure | 25th FEB 2021
USDCHF has broken through downtrend line on the daily timeframe. It has the potential to bounce from 1st support, which coincides with horizontal swing high and 61.8% Fibonacci extension level to the 1st resistance which is a Fibonacci confluence area of -27% Fibonacci retracement and 161.8% Fibonacci extension. If prices...
Extreme trader sentiment points to possible EURJPY uptrend
The Trend Follower Strategy has just bought EURJPY at 128.944. The system recommends entering this trade at any price between 128.815 and 129.073. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.602. This suggests that the EURJPY could be trending upwards.The 14-period...
Once again, the European Central Bank intervention is needed
During next week's press conference, the ECB will not have any alternative other than increasing purchases under the Pandemic Emergency Purchase Programme to slow down the European sovereigns' selloff. In February, European sovereigns have lost around 1.2% in value which, excluded the selloff seen during the Covid pandemic last March,...
EURUSD is facing bullish pressure, potential bounce |24 Feb 2021
Price is facing bullish pressure from our ascending trend line where we could see a bounce above this level.