Community
Blog
Ucef's Blog

Ucef's Blog

Avatar

The long term bias is still bullish on XAU/USD

Ucef Posted 29 Feb as Analysis on XAU/USD, Target: 1 204.23, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #Resistance #Patterns #Trend Line #Breakdown #XAU/USD #Levels #Bearish Signs #Support Area #Downward Channel #Channel Line
Daily Vision

The XAUUSD was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 1 695.23.
I still prefer a bullish intraday scenario at this phase targeting 1 685.23 region.
Immediate resistance is seen around 1 254.23. A clear break and daily close above that area could trigger further bullish pressure testing 1 654.23 region. Immediate support is seen around 1 232.23.
A clear break below that area could trigger further bearish pre…
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/CHF have been seeing a strong bearish market

Ucef Posted 29 Feb as Analysis on USD/CHF, Target: 0.9860, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #Resistance #Patterns #Breakouts #USD/CHF #Levels #Fibonacci Levels #Bullish Bias #Support Area #Channel Line #Trendlines
Daily Vision

The USDCHF attempted to push lower yesterday bottomed at 0.9458 but closed higher at 0.9456 in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1000 pips without significant correction and the next potential target is seen around 0.9147 (weekly EMA 200).
The bias is bearish in nearest term. Immediate resistance is seen around 0.9914 . A clear break above that area could lead price to neutral zone in near…
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

GBP/USD forming a strong bearish harmonic pattern

Ucef Posted 29 Feb as Analysis on GBP/USD, Target: 1.4137, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #GBP/USD #Resistance #Patterns #Setups #Levels #Support Line #Fibonacci Levels #Bearish Bias #Downward Channel #Channel Breakout
Daily Vision
The GBP/USD trend is bearish in daily time frame. Vital resistance is present at 1.3689 price level. 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.
However, if bullish candlestick c…
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 short on USD/JPY

Ucef Posted 29 Feb as Analysis on USD/JPY, Target: 114.30, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #Resistance #USD/JPY #Breakouts #Levels #Retracement #Upward Channel #Support Zone #Trendlines #Channel Breakout #Longer Term Uptrend
Daily Vision

The USDJPY was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 114.70. I still prefer a bullish intraday scenario at this phase targeting 114.10 region.
Immediate resistance is seen around 114.78. A clear break and daily close above that area could trigger further bullish pressure testing 113.96 region. Immediate support is seen around 113.30 .
A clear break below that area could trigger further bearish pressure whi…
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 facing some bullish pressure

Ucef Posted 28 Feb as Analysis on EUR/USD, Target: 0.0835, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #Resistance #EUR/USD #Down Trend #Levels #Bearish Channel #Trendlines #Channel Breakout
Daily Vision
The EUR/USD attempted to push lower yesterday bottomed at 0.0855 but closed higher at 0.0225 in another high volatile market. We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1000 pips without significant correction and the next potential target is seen around 0.0835 (weekly EMA 200). The bias is bearish in nearest term. Immediate resistance is seen around 0.0899 . A clear break above that area could lead price to neutral zone in near…
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

EURAUD facing a strong trend line resistance

Ucef Posted 31 Gen as Analysis on EUR/AUD, Target: 1.5620, Date: 1 di Marzo, 12:00 GMT  in #Technical analysis #Resistance #Trendline #EUR/AUD #Breakdown #Levels #Bearish Signs #Support Line #Downward Channel
Daily analysis
EURAUD opened the week at 1.5187 and touched a high of 1.5190. The pair then reversed directions and dropped to 1.5028, as support held firm at 1.5026. The pair closed the week at 1.5031. And the price of 1.5000 has been significant in the recent history of EURAUD, and with a mid-line of a down-ward sloping channel offering an additional impetus for support, top-side reversal setups became attractive as a 1-to-4 risk-reward ratio was available using that 1.5000 level for risk wit…
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

CHFJPY forming a bearish harmonic pattern

Ucef Posted 31 Gen as Analysis on CHF/JPY, Target: 117.40, Date: 1 di Marzo, 12:00 GMT  in #Technical analysis #Resistance #Patterns #CHF/JPY #Levels #Bearish Signs #Support Line #Fibonacci Levels #Retracement #Downward Channel
Weekly analysis
weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance lines at the 118.47 level with a breach pushing the pair further towards the 118.75 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 118.65 level. All in all, the pair remains biased to the downside in the short term on correction.
Daily analysis
CHFJPY is at an interesting level as we’re currently at the top end of what to …
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

AUDNZD forming a bearish harmonic pattern

Ucef Posted 31 Gen as Analysis on AUD/NZD, Target: 1.0721, Date: 1 di Marzo, 12:00 GMT  in #Technical analysis #Resistance #AUD/NZD #Breakouts #Levels #Bearish Signs #Support Line #Fibonacci Levels #Downward Channel
Weekly analysis
weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance lines at the 1.0975 level with a breach pushing the pair further towards the 1.0975 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 1.0996 level. All in all, the pair remains biased to the downside in the short term on correction.
Daily analysis
AUDNZD is at an interesting level as we’re currently at the top end of what to me …
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 forming a bearish pattern

Ucef Posted 31 Dic as Analysis on USD/JPY, Target: 119.22, Date: 1 di Febbraio, 12:00 GMT  in #Technical analysis #Resistance #USD/JPY #Levels #Support Line #Upward Channel #Bullish Signs #High Probability
Daily analysis
124.16 was an important cap in late June. The round number of 123 has strengthened in resistance as the pair trades at higher levels.
The pair touched resistance at 121.50 before retracting. It is currently an immediate resistance line.
USD/JPY ended the weak at 120.40, which was a swing low in July, 119.19 has held firm since October.
Weekly analysis
The yen has showed some improvement in the month of December, as USD/JPY close to the symbolic 120 level. The upcoming week will be…
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