The dovish BOE Sell on occasional retest with good confirmation Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment...
Important things to watch, key levels, trendlines, horizontal supports and double top Next targets after break of the neckline of double top 86.00 and 85.600 Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and...
Bitcoin will be rise again in future. (BTCUSD) Bitcoin is currently fluctuating in the triangle convergence pattern. It may continue to fall in the future and seek strong support from below before it has the opportunity to rise again.
USDJPY is still in the long-term downtrend channel. As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception. On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue...
AUDUSD is still in the long-term uptrend channel. The Australian Dollar (AUDUSD) fell from the high of 0.7820 on January 6 to the low of 0.7659 on January 18. It rebounded in the past two trading days and returned to above the 0.7700 integer. From the long-term trend and the FED Chairman Powell's dovish attitude, as well as the 1.9 trillion dollar stimulus plan...
The U.S. Dollar Index ( DXY ) rise in the short-term, but will downtrend in the long term. Jan.06 2021, U.S.Capitol riots U.S.Dollar index rebounded, because capitol riots that be global markets money entry U.S.Dollar. U.S.Dollar index rebounded until Jan.20 presidential inauguration, and U.S.Dollar index will downtrend. Reliability: 3-10 Markets Days.
GBPUSD is still in the Uptrend. With the rebound of the US dollar index and the recent decline of non-US currencies, the British pound remains strong relative to other currencies, maintaining an upward trend. Currently, it faces the 1.37 integer mark and waits for a breakthrough. In Jan.19 idea on the EURUSD: US Dollar Index is estimated to have a chance to fall...
EURUSD will Go Long in Mid-Term. EURUSD in downtrend begin Jan.06, because U.S.capitol riots let be global markets money entry U.S.Dollar (Index). EURUSD will Go Long in Mid-Term after Jan.20 U.S. presidential inauguration, and U.S.Dollar index will downtrend. Jan.19. 2021 Reliability: 3-10 Markets Days
Gold (XAUUSD) Strategy this week. (X'mas Dec.22-25) OANDA:XAUUSD
EURUSD uptrend unchanged. EURUSD touch 1.2177 last week and then fell back. It closed at 1.2121 on Friday, still above the 1.2100 integer. The uptrend unchanged, it is recommended when price fall back above on the support buy EURUSD in batches.
GBPUSD touch 1.3539 last week and then fell back. It closed at 1.3428 on Friday, still above the 1.3400 integer. The uptrend unchanged, it is recommended when price fall back above on the support, buy GBPUSD in batches.
The New Zealand dollar is the strongest currency in the past three months. It fell back after reaching 0.7104 at the highest level last week. It closed at 0.7035 on Friday, still above the 0.7 integer. By technical analysis, NZDUSD is still in the ascending channel. It is recommended that when the price falls back to support, buy NZDUSD.
Recently, the global market has obvious risk sentiment. The rise in securities indexes and commodity prices, especially the rapid rise in copper prices, has led to the appreciation of commodity currencies. Therefore, fundamentals have helped the Australian dollar to appreciate. By technical analysis, AUDUSD is still in the ascending channel. It is recommended...
USDCAD in the downtrend. The recent increase in oil prices has driven the Canadian dollar to appreciate. With the continuous news about the development of the new coronavirus vaccine, the global market has obvious risk on, so oil prices have the opportunity to continue to rise. So the Canadian dollar has the opportunity to continue to appreciate in the...
USDJPY has a higher chance of upward. USDJPY is currently in a triangle shape. With the market risk sentiment preference, the stock index has generally risen, and the chance of the yen depreciation has increased. It is recommended that USDJPY go long when the price fall back the support.
The Swiss franc, which is highly linked to the euro, will continue to appreciate if the euro continues to rise. Therefore, USDCHF will also continue its downtrend, and it is recommended when price to rebound below the under resistance, sell USDCHF in batches.
The U.S. Dollar Index was still weak last week, falling below the 92 integer, and trend is still downward in the future.
Hello traders, hope you are having a pipfull week. So here is our analysis on USDCAD. As we can see that the pair is moving in the channel and consolidating fo a period of time now, so its good to wait for the pair to break from the channel. Its currently at the support zone and will fall a bit till the support of the current channel. it will be interesting...