Community Blog

Filtered by tags:  Resistances
Avatar

"NAVIGATOR" - PROFESSIONAL ADVISOR for ATAS!!!

Completely automated system!!!1) Auto rebuilds support & Resistance levels.
2) Shows the importance of Levels.
3) Shows cumulations of volume
4) Autocharting system of balance structure from 240min to 1 min
5) NEW TECHNOLOGY!!! - "SNAKE" Professional tool for scalping.
6) Supports all market instruments."Navigator" adviser - created by "Powerful Traders"
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

GBP/NZD

GBP/NZD mark: 1.80250
Forecast: Upside
Key points:
1st resistance: 1.82000
Main Resistance: 1.90000
1st Support & Fibonacci Retracement (50%): 1.79820
2nd Support & Fibonacci Retracement (61.80%): 1.77540
At this right moment price is touching the 1st support area which is the consolidation area of the last month upside candle. This area (1.77540 - 1.80200) is critical. It will be working as a consolidation area again.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EURo Nearing Cluster of Previous Resistance Levels

The Euro is slowly becoming overbought. Look at the weekly chart below. We are already trading past the 80 level on the Stochastic Oscillator, a level which signifies an overbought market condition. But that on it's own shouldn't be traded upon.
Exhibit number two is the second picture below. We are nearing a cluster of previous resistance levels, starting from this month's high at 1.1268 to the 1.1302 spike on Trump election day. Higher up more levels can be found at 1.1370, 1.1428 and of cours…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

IMPORTANCE of SUPPORT&RESISTANCE

Hello Traders!
This is the answer for some traders, who asked about the levels of supp/resist in trading.
Of course, there are many articles, about the levels of support&resistance in global net. Sure you must study, how the price behaves at levels, but take a note that only Market Profile, Volume analysis, Depth of Market and Footprint can exactly helps you to identify the big trades, places of volume accumulation, priority of levels within the time periods!
At last, we'll say: - "Market has a …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

GBPUSD AND USDJPY UPDATE 6 OCT 16

Hello friends as posted in my blog about USDJPY on 2nd Oct 16 the pair has broken out from the triangle on the upside. Now next hurdle is sitting at 104.320 region. If the pair is able to close this week above 104.320 then we will be sure about the uptrend in the pair. But I will still advice to wait for the right time. I mean let the pair close above the said level and then wait for the pullback to enter the bandwagon .
Next we had talked about …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

USSD/JPY - Supports and Resistances

Saludos!!
A continuación encontraran unos valores claves que podrían actuar como Soportes y Resistencias para el par USD/JPY.
El par ha descendido con gran fuerza durante esta ultima semana. Sin embargo, se encuentra muy cerca de lineas de soporte claves, y los indicadores técnicos han dado señales de sobre venta, por lo que parece inminente un cambio de tendencia, favoreciendo la compra.
SOPORTES
107,700
106,700
105,000 (nivel psicológico)
RESISTENCIAS
109,800
110,800
111,000 (nivel psicológico…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EUR/USD - Supports and Resistances

Saludos!!
A continuación encontraran un análisis con los posibles Soportes y Resistencias para el par EUR/USD.
El día de hoy, a las 19:00 (GMT) se darán a conocer las Actas de la Reunión de la FOMC. Lo que resulte de allí, dará fuertes movimientos a este par, que solo serán frenados por las lineas de soporte y resistencia.
Sea prudente al operar durante este tipo de noticias económicas!!
Éxitos en sus comercios!!
-----------------------------------------------------------------------------------…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

NZD/USD Forecast

Hello traders,
Here is my thoughts about NZD/USD behaviour for today. At this right moment pair mark: 0.6719.
Regarding important Fibonacci retracements indicator, 0.6720 area corresponds to 61.8% and as we know this is the key level for consideration.
If we pay attention to the chart below, RSI is showing clearly and over sold area. Strong support is located around 0.6640.
So NOW is an excellent opportunity to buy this pair
Good luck to everyone!!
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

GBP/CHF attracted by resistance


The above weekly chart to show both main resistance line in 1.5460 and most probable support 1.4970-1.5030: market will test them both.
Monthly here is not much helpful, only underlines how the rise stopped and reversed during last approach at these levels, suggesting to pay the deserved attention before just "buying-because-it's-rising".
In my view, market still wants to reach the top of this resistance area (1.5460-5), but in the same time I'm kind of suspicous there's an increasing interest …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
scramble avatar
scramble 4 Aug.

This simple chart to underline the importance of 1.5280 line as immediate support/resistance: market should keep staying higher than this line, while last week's losses pushed back below now acting as quick resistance and weekly pivot area. In my opinion, for further gains, market has to close another bullish week above 1.53.... looks quite complex!

scramble avatar
scramble 12 Aug.

Last week closed near 1.52 in a continuation down from near resistance 1.54 but still not showing important strong bearish signs, suggesting another bounce upward to reach again 1.53 - 1.5350 and 1.5380 before month ends.

scramble avatar
scramble 12 Aug.

In this daily chart I clearly represented where I expect to meet price in next 2 weeks: probably there will be an overall sligthly downward with price bouncing between 1.5360-80 and 1.5090-1.51 (darker areas). Less probable at the moment, is the lighter area higher than 15380 and lower than 1.5080.

scramble avatar
scramble 19 Aug.

Price in daily lost completely the expected range... only a strong and quick recover can resume bullish momentum, but my target looks really ambitious at this point.

scramble avatar
scramble 27 Aug.

Price bounced off the 1.5050 support and re-conquered my expected range area, I was certainly wrong in my early expectations but if anything price should close within the updated range :)

oderum Kommentare zu hinterlassen
Avatar

AUD/USD gonna test recent resistance area


As seen on the above weekly chart, in recent weeks market was able to stop the strong downtrend, conquering quite steady the 0.92-0.94 area, right in the middle between the most recent resistance found in 0.9660-0.9585, and the more probable nearest support line going approx on 0.9115 (downtrend b/o).
Monthly chart is showing an increasing taste for demand in July after a 2 consecutive uncertain candles, suggesting there's potential for at least a quick continuation. Still in monthly chart we c…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
scramble avatar
scramble 28 July

Another almost flat week, with no significant changes in price. The only one I notice as shown in the attached weekly chart, is market attempting to close higher than recent ones suggesting a weak bearish pressure. Key levels on downside are 0.9230 and 0.9115 but considering there are only 4 weeks left for contest expiry date, a breakout lower than 0.9230 would be enough to invalidate my target price.

scramble avatar
scramble 4 Aug.

The attached daily chart clearly represents the actual price conditions: still not importante change but must pay attention to the broken blue rectangled area which could open for further losses to meet with lower support areas (0.92 and 0.91). Bullish momentum should resume if market will conquer again 0.9360 monthly pivot. Gray dotted triangles to underline possible dynamic support, also prev.resistance.

scramble avatar
scramble 12 Aug.

Price keeps following the downward with a continuation to 0.9250. Still I see the very same scenario than last update (4th aug) with a bullish potential higher than 0.9350-60 and bearish continuation below 0.92 which at the moment are nearest important resistance and support.

scramble avatar
scramble 19 Aug.

Daily chart shows price bouncing off dynamic support. Market still unable to conquer the 0.9360 but could be just a matter of (few) time.

scramble avatar
scramble 27 Aug.

Price still trading near 0.93-0.9330 without any significant move down nor up. At the moment, nothing is suggesting a move to reach the resistance area as I expected in my analysis... not within the context expiry date .....

oderum Kommentare zu hinterlassen
mehr