Community
Blog
Ucef's Blog

Ucef's Blog

Avatar

Long term bias is still bullish

Ucef Posted 29 Feb as Analysis on AUD/CHF, Target: 0.6962, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #Breakout #AUD/CHF #Fibonacci Levels #Retracements #Bullish Bias
Daily Vision

The pair was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above support area.
I still prefer a bullish intraday scenario at this phase targeting 0.6962.
Immediate resistance is seen around daily close. A clear break and daily close above that area could trigger further bullish pressure testing some resistance areas. While an immediate support is seen around weekly close.
A clear break below that area could trigger …
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

Leave a comment
oper inserire commenti
Avatar

Long term bias is still long on AUD/USD

Ucef Posted 31 Ott as Analysis on AUD/USD, Target: 0.7300, Date: 1 di Dicembre, 12:00 GMT  in #Technical analysis #Resistance #Patterns #AUD/USD #Breakout #Bulish #Harmonic Trading #Reversal Pattern #Longer Term Uptrend
Daily analysis

My long term bias is still long on this pair.
The structure seems to be finished now, we have a nice corrective channel at the 0.61 fib retracement.
From the EW perspective i think this is a series of 1-2s.
A potential target is at the minor rising channel shown on chart currently around 0.6975.
0.7295 should remain intact for this scenario to remain favored for me.
weekly analysis

After completing a retest towards the potential reversal zone I outlined in my previous analysis…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

Leave a comment
oper inserire commenti
Avatar

USD/JPY facing a strong trend line resistance

Ucef Posted 31 Ott as Analysis on USD/JPY, Target: 120.0000, Date: 1 di Dicembre, 12:00 GMT  in #Technical analysis #Resistance #Patterns #USD/JPY #Breakout #Bullish #Harmonic Trading #Reversal Pattern #Uptrend
Daily analysis

USD/JPY facing strong trend line resistance around 121.50 (trend line joining 121.22 and 121.48) and any break above confirms further bullishness, jump till 122.40 is possible.
On the downside minor support is around 120.98 and break below will drag the pair till 120.50/120.30/119.95 in short term.
Further weakness can be seen only below 119.60.
It is good to buy only above 121.50 with SL around 120.98 for the TP of 122.40/123.10.
weekly analysis
USD/JPY opened the week at 119.30…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

Leave a comment
oper inserire commenti
Avatar

EUR/USD forming a bullish harmonic pattern

Ucef Posted 31 Ott as Analysis on EUR/USD, Target: 1.1100, Date: 1 di Dicembre, 12:00 GMT  in #Technical analysis #Resistance #Patterns #Breakout #EUR/USD #Harmonic Trading #Reversal Pattern #Uptrend #Bullish Trend
Daily analysis
EUR/USD has broken trend line resistance around 1.1010 (trend line joining 1.0975 and 1.09846) and break above confirms bullishness, a jump till 1.1095/1.1125 is possible .
The pair's minor resistance are around 1.1038/1.1070
On the downside minor support is around 1.0950 and break below targets 1.0920/1.0900 level.
Further weakness only below 1.0850, It is good to buy at dips around 1.0985-990 with SL around 1.0945 for the TP of 1.1038/1.1070/1.1095.
weekly analysis
A …
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

Leave a comment
oper inserire commenti