We have two bearish candles on the daily time frame. 15ema might be retested soon before more up moves. Once price reaches those levels, we need to see whether the bulls are going to come in. At the moment we are seeing retracement moves down after the impulse moves up. All the best guys! Ardy
Good day traders. Lets look at XAUUSD on the weekly time frame. Currently it is within a down trend channel which is a retracement within the bigger move from 1159 to the high of 2073. We can see that support held well at "A" and subsequently at "B" and "C" around the zone of 1680. At this point we believe that XAUUSD will continue higher towards the top...
BNBUSD up trend is set to continue. Hey crypto Traders and all ProTradersNetwork followers! Here we have an analysis of BNBUSD. A much favoured coin at the moment as it’s been moving nicely for a couple of days. For those who have BNB in your portfolio, I believe that you are in the money! Congrats. We are all happy for you. So what is in the minds of many...
EURJPY continue to trade in a bullish flag pattern. Once the resistance at the last spike is overcome, we may see higher prices.
Hi guys! Thank you for reading my analysis. Looking at the weekly chart we can see that price has started turning up. We also have a bullish pintail formed about 4 weeks ago. Bullish divergence is also spotted in the MACD histogram. Price is currently trying to move above the 15ema and I believe that the 30 ema (red line) will be the next topside target and...
Price is ranging between $16.16 and $14.07. You can buy at the support level and wait for the price to go back up.
On the daily timeframe. I believe that we may see higher prices for AUDNZD moving forward. It is at a slanting support level in the form of a slanting line. This slanting line support dates back all the way from the first swing low created on the 9th June 2020. Upside target would first be the dynamic resistance in the form of the EMAs and followed by the...
Momentum and trend is sideways. On the Daily Time frame - Moving averages sideways - Upperside of range is 1.6558 and bottom side of range is 1.6111 - Centre line at 1.6340 - MACD is above zero line but in red. Slight downside pressure. On the H4 chart - Price within a triangle. - Currently looking to test the upper side of the triangle. Possible upside at...
A potential long at the 1.5430 zone. We can see support at this level when we look at the left side of the chart. Download my Forexachievers Signals App from the Apple store here: apps.apple.com Download my Forexachievers Signals App from the Google App store here: play.google.com Cheers! Ardy Founder www.forexachievers.com
If the pair is able to have a daily close above the 68.2 Fib level, the next level is the 78.6 level. Cheers!
Bullish on this pair at the moment. Upside momentum shall bring it towards the 38.2% Fib level. Cheers!
Slanting line providing some support at the moment. Failure of support and next downside target is at 0.7638. Bounce up and we can go all the way back up to 0.785 Cheers!
Price need to break above the ema 15 and ema 30 for the bulls to maintain upward momentum.
Bullish outlook on this pair. At the bottom of the channel. Twin green bullish bars on NY close yesterday. More possibility for upside. Cheers!
I am expecting a down move from current levels. EURUSD MACD histogram has turned red. This can be the start of a down cycle. I believe a retracement, not a change in trend yet. Cheers!
Oil price is on the up trend at the moment. We would see more upside as price continues to trade above the Exponential Moving Average. Upside target of $70 in a matter of months. Cheers!
Lets observe how this pair will behave next week. I believe next week we will see some bullish momentum. Especially with the better than forecasted NFP figure.