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By admin_mrketsIn ForexPosted January 10, 2022

USDCHF bearish continuation | 10th Jan 2022

Price is respecting the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection and previous swing low. Our bearish bias is further supported by the...

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By admin_mrketsIn ForexPosted January 10, 2022

Extreme trader sentiment points to possible EURAUD uptrend

Signal ID: 78990 Time Issued: Monday, 10 January 2022 01:00:00 GMT Status: open Entry: 1.5782 - 1.58246 Limit: N/A Stop Loss: 1.56841 The Trend Follower Strategy has just bought EURAUD at 1.58033. The system recommends entering this trade at any price between 1.5782 and 1.58246. The signal was issued because...

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By admin_mrketsIn ForexPosted January 6, 2022

USDCHF potential for further downtrend |6th Jan

Price is abiding by the descending trendline and near sell entry price of 0.91794 which is also 78.6% Fibonacci projection and 23.6% Fibonacci retracement . Price can potentially dip to the take profit level of 0.91042 which is the graphical swing low level. Our bearish bias is supported by the...

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By admin_mrketsIn ForexPosted January 6, 2022

EURUSD potential for further uptrend | 6th Jan

Price is abiding by an ascending trendline and is near buy entry level of 1.12798 which is also 50% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially go to the take profit level of 1.13869 which is 50% Fibonacci retracment. Our bullish bias is supported by RSI as...

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By admin_mrketsIn ForexPosted January 6, 2022

GBPCAD potential for short pullback! | 6th Jan 2022

Prices are consolidating in an ascending triangle . We see the potential for a short pullback from our sell entry at 1.73137 in line with 100% Fibonacci extension towards our Take Profit at 1.72216 in line with 38.2% Fibonacci retracement . Alternatively, our stop loss will be placed at 1.73712...

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By admin_mrketsIn ForexPosted January 6, 2022

EURGBP bullish bounce! | 6th Jan 2022

Prices are consolidating in a channel pattern. We see a potential bounce from our buy entry at 0.83350 in line with 100% Fibonacci extension towards our Take Profit at 0.84734 in line with 50% Fibonacci retracement and 61.8% Fibonacci extension . Divergence is spotted on RSI , further supporting the...

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By admin_mrketsIn ForexPosted January 6, 2022

CADCHF is on bearish momentum!

Prices are on bearish momentum and abiding to our bearish trendline . We see the potential for a dip from our sell entry at 0.72188 in line with 50% Fibonacci extension towards our Take Profit at 0.710881 in line with 100% Fibonacci extension . RSI is at a level where...

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By admin_mrketsIn ForexPosted January 6, 2022

GBPUSD potential for short reversal | 6th Jan

Price is abiding by a descending trendline and is near sell entry level of 1.35341 which is also 61.8% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially dip to the take profit level of 1.34320 which is also 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Our bearish...

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By admin_mrketsIn ForexPosted January 4, 2022

AUDJPY short-term bearish momentum | 4th Jan 2022

Price is abiding to the ascending channel , signifying a bullish momentum. However, we can expect price to make a short-term bearish drop from the pivot level in line with 78.6% Fibonacci projection towards take profit level in line with 78.6% Fibonacci projection . Our bearish bias is further supported...

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By admin_mrketsIn ForexPosted January 4, 2022

USDCHF, Bearish Continuation | 4th Jan 2022

Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci retracement and 127.2% Fibonacci projection towards 1st Support in line with 100% Fibonacci projection . Our bearish bias is further supported by...

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