Price is near buy entry price of 1.34534 which is also 50% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially go to the take profit level of 1.36429 which is also 61.8% Fibonacci projection and 61.8% Fibonacci retracement .Our bullish bias is supported by the stochastic indicator as...
EURUSD potential for further downtrend | 26th Jan
Price has recently broken out of the ascending trendline and near sell entry price of 1.13092 which is also 61.8% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially dip to the take profit level of 1.12364 which is also 127.2% Fibonacci projection . Our bearish bias is supported...
USDCHF bearish continuation | 26th Jan 2022
On the H4 timeframe, price is abiding to a descending channel , signifying a bearish momentum. Price is reacting at pivot level , we can expect price to drop from pivot level in line with 127.2% Fibonacci extension and 100% Fibonacci projection towards take profit level in line with 61.8%...
AUDUSD bearish breakout | 26th Jan 2022
On the H4, price broke out of the ascending channel , signifying an overall bearish momentum. We can expect price to drop from pivot level in line with 61.8% Fibonacci projection and 38.2% Fibonacci retracement towards take profit level in line with graphical support level and 127.2% Fibonacci projection ....
GBPAUD potential bearish dip! | 26th Jan 2022
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This Surprise Fed Move Would Shock the Market Higher
The hope is the rate hikes will reduce inflation without increasing unemployment.Although it’s not part of their core mission, we do know the Fed watches the stock market.
EURJPY bearish continuation | 25th Jan 2022
Price is abiding to the daily descending channel , signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci projection towards take profit level in line with horizontal support level and 161.8% Fibonacci projection . Our bearish bias is further...
AUDUSD bearish breakout | 25th Jan 2022
On the H4, price broke out of the ascending channel , signifying an overall bearish momentum. We can expect price to drop from pivot in line with 61.8% Fibonacci projection and 38.2% Fibonacci retracement towards potential take profit level in line with graphical support level and 127.2% Fibonacci projection ....
AUDCAD potential for dip! | 25th Jan 2022
Prices are on bearish momentum and abiding to a descending trendline. We see the potential for a dip from our sell entry at 0.90490 in line with 23.6% Fibonacci retracement towards our Take Profit at 0.89805 which is a graphical swing low and in line with 100% Fibonacci extension ....
CHFJPY potential for bearish momentum! | 25th Jan 2022
Prices are on bearish momentum are at a weekly graphical overlap. We see a potential for a dip from our sell entry at 126.038 towards our Take Profit at 121.933 in line with 161.8% Fibonacci Projection and 100% Fibonacci extension . Our bearish bias is further supported by prices trading...