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Long term bias is still bullish

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 15.9652.
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 trigge…
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Ucef 29 mar

Update: This pair had a bullish momentum yesterday topped at a resistance line. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above some pivot levels.
And retesting some key trend line resistances. Immediate support is seen around the daily open. A clear break back below that area could lead price to neutral zone in nearest term but would keep the false breakout bearish scenario remain strong testing some trend line resistances.

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Ucef 29 mar

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Further bullish pressure

Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 2.8822.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 29 mar

Update: The pair had a moderate bearish momentum yesterday bottomed at a support line. The bias is neutral in nearest term, probably with a little bearish bias testing some support areas which need to be clearly broken to the downside to continue the bearish scenario targeting a resistance level.
Immediate resistance is seen around the weakly open. A clear break above the daily close would be a threat to the bearish scenario.

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Ucef 29 mar

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Bearish harmonic pattern

Daily Vision
The pair trend is bearish in daily time frame. Vital resistance is present at weekly close. In past few trading days, price has completed possible bearish impulse Wave-A and moved up.
Based on Elliott wave analysis, I now expect price action to print bullish Wave B. The trend is bearish and a good idea is to look for a sell trading chance to join the down trend after the end of bullish Wave B leg in current time frame or smaller time frame targeting 1.3766.
However, if bullish ca…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 29 mar

Update: The pair didn't make significant movement yesterday but overall still able to maintain its bullish bias and still prints higher high and low on daily chart.
The bias remains bullish in nearest term testing a resistance line, which remains a good place to sell with a tight stop loss as a clear break above the daily close could trigger further bullish scenario testing the daily open or higher.
Immediate support remains around weakly open. A clear break below that area could lead price to neutral zone in nearest term.

Ucef avatar
Ucef 29 mar

oupour laisser des commentaires
Avatar

Long term bias is still bullish

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 8.3565.
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…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 29 mar

Update: The pair had a bearish momentum last week. Price slipped above the trend line resistance but closed back below the trend line resistance created a false breakout bearish scenario as you can see on my H1 chart below.
The bias remains bearish in nearest term testing support line. Immediate resistance is seen around the weakly open. A clear break above that area could lead price to neutral zone in nearest term retesting the trend line resistance.

Ucef avatar
Ucef 29 mar

oupour laisser des commentaires
Avatar

Further bullish pressure

Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 70.1777.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price …
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 31 mar

Update: This pair had a bullish momentum yesterday topped at a resistance line. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above some pivot levels.
And retesting some key trend line resistances. Immediate support is seen around the daily open. A clear break back below that area could lead price to neutral zone in nearest term but would keep the false breakout bearish scenario remain strong testing some trend line resistances.

oupour laisser des commentaires
Avatar

Bearish harmonic pattern

Daily Vision
The pair trend is bearish in daily time frame. Vital resistance is present at weekly close. In past few trading days, price has completed possible bearish impulse Wave-A and moved up.
Based on Elliott wave analysis, I now expect price action to print bullish Wave B. The trend is bearish and a good idea is to look for a sell trading chance to join the down trend after the end of bullish Wave B leg in current time frame or smaller time frame targeting 3.8778.
However, if bullish ca…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 29 mar

Update: The pair had a bullish momentum last week after a failure to make a clear break below a support line as you can see on my daily chart below, topped a resistance line and hit a new daily high earlier today.
The bias remains bullish in nearest term testing some resistance areas, which is a good place to sell with a tight stop loss as a clear break and daily close above the daily open could trigger further bullish scenario testing new highs.
Immediate support is seen around the weakly open. A clear break below that area could lead price to neutral zone in nearest term.

oupour laisser des commentaires
Avatar

Long term bias is still bullish

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 8.4838.
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…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 31 mar

Update: The pair had a bullish momentum last week after a failure to make a clear break below a support line as you can see on my daily chart below, topped a resistance line and hit a new daily high earlier today.
The bias remains bullish in nearest term testing some resistance areas, which is a good place to sell with a tight stop loss as a clear break and daily close above the daily open could trigger further bullish scenario testing new highs.
Immediate support is seen around the weakly open. A clear break below that area could lead price to neutral zone in nearest term.

oupour laisser des commentaires
Avatar

Further bullish pressure

Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 17.8599.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price …
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 31 mar

Update: This pair had a bullish momentum yesterday topped at a resistance line. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above some pivot levels.
And retesting some key trend line resistances. Immediate support is seen around the daily open. A clear break back below that area could lead price to neutral zone in nearest term but would keep the false breakout bearish scenario remain strong testing some trend line resistances.

oupour laisser des commentaires
Avatar

Bearish harmonic pattern

Daily Vision
The pair trend is bearish in daily time frame. Vital resistance is present at weekly close. In past few trading days, price has completed possible bearish impulse Wave-A and moved up.
Based on Elliott wave analysis, I now expect price action to print bullish Wave B. The trend is bearish and a good idea is to look for a sell trading chance to join the down trend after the end of bullish Wave B leg in current time frame or smaller time frame targeting 276.32.
However, if bullish ca…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 31 mar

Update: The pair had a moderate bearish momentum yesterday bottomed at a support line. The bias is neutral in nearest term, probably with a little bearish bias testing some support areas which need to be clearly broken to the downside to continue the bearish scenario targeting a resistance level.
Immediate resistance is seen around the weakly open. A clear break above the daily close would be a threat to the bearish scenario.

oupour laisser des commentaires
Avatar

Long term bias is still bullish

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 6.6747.
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…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
Ucef avatar
Ucef 31 mar

Update: The pair didn't make significant movement yesterday but overall still able to maintain its bullish bias and still prints higher high and low on daily chart.
The bias remains bullish in nearest term testing a resistance line, which remains a good place to sell with a tight stop loss as a clear break above the daily close could trigger further bullish scenario testing the daily open or higher.
Immediate support remains around weakly open. A clear break below that area could lead price to neutral zone in nearest term.

oupour laisser des commentaires
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