US Dollar heading into a critical support level in 11,800 which is also the 76.4% fib from from the 14th May 2015 swing lows. I am expecting price to stall there for a few days as we are massively oversold...
Pre US Open, Daily Technical Analysis Wednesday, June 08, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the upside prevails. Pivot: 1.1315 Most Likely Scenario: long positions above 1...
USD/JPY on the 4HR sold off before reaching the 108.00 level i was looking at for a potential sell. If price reaches the 108.00 level which was a strong support previously look for an opportunity to sell with profit target at a retest of the lows at 106.50 as the pair is heavily bearish show less...
Channel Down identified at 07-Jun-08:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.893 within the next 3 days. Resistance Levels : ( B ) 1.8929Last resistance turning point of Channel Down. Support Levels ( A ) 1...
Summary : Target Level : 83.86 Target Period : 6 hours Analysis : Rising Wedge identified at 07-Jun-11:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 83.86 within the next 6 hours...
Target Level : 109.59 Target Period : 8 hours Analysis : Falling Wedge identified at 02-Jun-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 109.59 within the next 8 hours. Resistance Levels...
Head and Shoulders has broken through the support line at 01-Jun-00:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 1.885. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( A ) 1.9181Last resistance turning point of Head and Shoulders...
Analysis : Triangle has broken through the resistance line at 31-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.729. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
arget Level : 0.9886 Target Period : 10 hours Analysis : Channel Up identified at 30-May-11:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.989 within the next 10 hours. Supporting Indicators...
Triangle identified at 26-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.09 within the next 3 days. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( B ) 110...
Summary : Target Level : 1.123 Target Period : 3 days Analysis : Falling Wedge has broken through the resistance line at 26-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 1.123...
Analysis : Falling Wedge identified at 25-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.123 within the next 2 days. Resistance Levels : ( B ) 1.1227Last resistance turning point of Falling Wedge. Support Levels...
Analysis : Triangle identified at 24-May-04:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.123 within the next 6 hours. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
Triangle identified at 18-May-20:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 124.2 within the next 3 days. Supporting Indicators : Upward sloping Moving Average Resistance Levels : ( B ) 124.2Last resistance turning point of...
Analysis : Channel Up identified at 17-May-16:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 108.45 within the next 2 days. Supporting Indicators : RSI above 60 Resistance Levels...
In this trade a long was taken at the strong VSA signal, though there was distribution behind. This is seen by the multiple Major Supply signals, with the prices not advancing further...
Summary : Target Level : 0.7423 Target Period : 3 days Analysis : Falling Wedge has broken through the resistance line at 17-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 0.742...
