FXOpini | Technical | Fundamental - page 3
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Potential Double Top On AUD / USD
The movement of AUD / USD at 4-hourly chart looks stuck in resistance area which there is likely the price will move down. The Price potential to form double top pattern. If the price moves down to penetrate the trend line that serves as a support and penetrate support at 0.9080 that there is potential price will move down towards support at 0.8966. Technically the RSI indicator is in bearish divergence condition.
Conversely, be-alert if the Aussie strengthen up against dollar and penetrate resistance at 0.9204 that there is opens opportunities the price will move up to continue the bullish rebound towards resistance at 0.9315 which is 0% Fibonacci retracement area.
Dollar Press Loonie, Beware resistance at 1.0383
The movement of USD / CAD at 4-hourly charts are in rebound condition and the price will test resistance at 1.0383 and the median line of Andrew Pitchfrok tools. The outbreak of both area that ther is an opportunity area prices will continue the bullish movement further towards resistance at 1.0425 - 1.0468.
Conversely note also if the price is not penetrated and stuck firmly below resistance at 1.0383 then there is the potential dollar will weaken against the lonnie to move down towards support at 1.0330
Potential Bullish Pennant In Gold
In general, the movement of gold in the 4-hourly chart is in bullish condition and the gold price potentially forming a bullish pennant pattern price. If the price of gold rose against the dollar and penetrate the upper line of the price pattern and resistance 1384.39 that there is an opportunites price will move up towards resistance at 1422.96.
Conversely, be-aware also if it moves down to penetrate the lower line of the price pattern and penetrate support at 1350.93 that there is potential price will move down towards the nearest support at 1330.22 .
EUR / GBP consolidates at Area Support
The movement of EUR / GBP at 4-hourly chart is in the support area where it is likely the price will move up. If prices break through resistance at 0.8565 that there is opportunites price will move up to the next resistance at around 0.8603.
Conversely, be-alert if price breached support at 0.8503 that there is potential of the euro has weakened against sterling to move down to continue the bearish movement towards the next support at around 0.8431.
USD / CAD Bullish Consolidated
The movement of USD / CAD at 4-hourly charts are looks in bullish condition and the current price consolidated between 1.0490 support area and resistance at 1.0566. If the dollar continues to strengthen against the loonie and penetrate resistance at 1.0566 that there is opportunites price will move up towards resistance at 1,654.
Conversely alert if the price moves down to penetrate the support at 1.0490 that there is potential price movements of the price correction in which there is a tendency to fall down towards support at 1.0443 .
Potential Bullish Falling Wedge on USD/CAD
The movement of USD / CAD at 4-hourly charts are in a bullish condition and current price consolidated potential to form a bullish falling wedge price pattern where there is a possibility the price will move up. If the price breaks the upper line of the price pattern opportunites resistance at 1.0566 to 1.0654 will be in touch by price.
Conversely, if the price moves down to penetrate the lower line of the price pattern that there is potential the dollar will weaken against the loonie and move towards the next support at around 1.0405.
Potensi Bullish Falling Wedge Pada USD/CAD
The movement of USD / CAD at 4-hourly charts are in a bullish condition and current price consolidated berpotens forming a bullish falling wedge price pattern where there is a possibility the price will move up. If the price breaks the upper line of the price pattern opportunites 1.0566 to 1.0654 resistance will be in touch by price.
Conversely, if the price moves down to penetrate the lower line of the price pattern unlock the potential of the dollar will weaken against the loonie and move towards the next support at around 1.0405.
Bullish Divergence on CHF/JPY
The movement of CHF / JPY at 4-hourly charts are in a correction bullish condition and currently the price seen stuck in the support area where it is likely the price will move up. If the price breaks resistance that there is opportunites price will rebound with the move towards resistance at 106.50 - 106.88.
Conversely, be-alert if support 105.63 penetrated that there is potential price of the price will fall down to perform corrective movement by moving toward immediate support at around 105.24 - 104.76.
USD / CAD Bullish Consolidates
The movement of USD / CAD at 4-hourly charts are in bullish consolidation. If the dollar strengthened against the loonie and penetrate resistance at 1.0566 that there is opportunities price will continue the bullish trend where there is resistance at 1.0653 will be in touch by price.
Conversely, if the price moves down to penetrate support at 1.0490 that there is potential price will move towards the next support at around 1.0444 - 1.0406. The bearish momentum will be seen as indicator RSI moves downward through the level of 50.
USD / CAD Bullish Consolidates
The movement of USD / CAD at 4-hourly charts are in bullish consolidation. If the dollar strengthened against the loonie to penetrate resistance at 1.0566 price opportunities will continue the bullish trend where there is resistance at 1.0653 will be in touch by price.
Conversely, if the price moves down and penetrate support at 1.0490 that there is potential price will move towards the next support at around 1.0444 - 1.0406. The bearish momentum will be seen as indicator RSI moves downward through the level of 50.