AUDUSD holding above ascending trendline support. With technical indicators showing room for further bullish momentum, a further push up above our entry at 0.73239 towards our take profit at 0.73854 could be possible. Our take profit is also a strong Fibonacci confluence zone as well. Any opinions, news, research, analyses,...
OPEC+ set to boost production further as demand outlook improves?
Crude oil trades steady ahead of today's virtual OPEC+ meeting where the group will meet to assess the global supply and demand situation, and given the latest developments we see no reason why the group should not go ahead and agree on a monthly increase of 400,000 barrels/day, this time...
EURJPY Facing Bullish Pressure | 1 Sept 2021
EURJPY holding above ascending trendline support. Technical indicators calling for further bullish momentum above our entry at 129.701 towards graphical swing high and our take profit at 131.090. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is"...
GBPUSD Facing bearish pressure | 1 Sept 2021
GBPUSD Holding below descending trendline resistance with price looking for a short below our entry at 1.37950 towards graphical swing low at our take profit level of 1.36024. Stochastic also reacting below resistance where price dropped before in the past. Any opinions, news, research, analyses, prices, other information, or links...
Possible trend shift in EURUSD – going long
Possible trend shift in EURUSD – going long LONG Euro / U.S. Dollar (FX:EURUSD) 1.18156 0.00075 0.06% desmondlzw 3 hours ago Trend Analysis Harmonic Patterns Chart Patterns EUR USD EURUSD forexsignals Signal ID: 77415 Time Issued: Friday, 27 August 2021 15:00:16 GMT Status: open Entry: 1.17748 - 1.17996 Limit: N/A...
GBPAUD Potential bullish momentum | 1st Sep 2021
Price is expected to bounce upwards from the ascending trendline support. Price is expected to move towards the 1st Resistance in line with the previous swing high and 100% Fibonacci extension . Our bullish bias is further supported by the stochastic indicator, the K% line bounced off on the support...
GBPJPY is at pivot, potential for bounce | 01 Sept
GBPJPY is holding above the ascending trendline. Price is facing bullish pressure above our entry at 151.492. Short term bounce towards our take profit at 151.892 could be possible. Our take profit level is line with -27.2% Fibonacci retracement . Technical indicators MACD and EMA are showing room for further...
USDJPY retesting breakout trendline, potential for upside
Price is retesting the trendline breakout at our pivot level at 109.730 which is in line with 61.8% Fibonacci retracement level, 61.8% Fibonacci extension level and trendline support. Price could potentially swing towards resistance at 110.44, which is in line with 78.6% Fibonacci retracement level and 100% Fibonacci extension level....
#XAUUSD consolidating below pivot, potential for a pullback
Price is reacting below our pivot level at 1,816.07 which is in line with -27.2% Fibonacci retracement level and 61.8% Fibonacci extension level. Price could potentially drop towards support at 1,800 which is in-line with 23.6% Fibonacci retracement level, 78.6% Fibonacci extension level and trendlines support. Stochastic is also indicating...
#NZDUSD reacting below the pivot, potential for a drop
Price is reacting below our pivot level at 0.70445 which is in line with 100% Fibonacci retracement level and 127.2% Fibonacci extension level. Price could potentially drop to support at 0.69685 which coincides with 38.2% Fibonacci retracement level and 61.8% Fibonacci extension level. Stochastic is also forming negative divergence for...