linofx1

linofx1

NZDJPY is retesting a horizontal resistance And because the pair is trading in the downtrend I think we are presented with the perfect Trend-following trading opportunity Sell!

linofx1

GBPUSD was nicely recovering for the last couple of days. The market reached a strong horizontal structure resistance. The price formed a double top formation on that. I believe that the market will drop. Goals: 1.2006 / 1.12

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SILVER is making a pullback From the rising resistance level And because I am bearish biased I believe we will see a further move down Sell!

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VIX is retesting a falling resistance line And we are already seeing a bearish reaction Thus, a move down is to be expected With the target being a local level below Sell!

linofx1

EURJPY has retested a horizontal support And we are now seeing a bullish rebound Which makes me expect bullish continuation And a retest of the target above Buy!

linofx1

​​ Have you seen this crazy bearish candle XAUUSD? With just one single bearish candle, the market broke a key support and closed below that yesterday. I assume that the market will drop even more soon. Next support - 1788

linofx1

EURJPY retraced to a key daily demand zone. The price formed a double bottom formation on that confirming the strength of the underliend structure. I expect a bullish continuation to 141.6

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USDCAD is going up to retest a horizontal resistance And the pair seems to be locally overbought So I think that after the retest We will see a move down Towards the support level below Sell!

linofx1

GBPUSD has retested a recent low That is also a support level And we are already seeing a bullish rebound So I think that the bullish correction Will continue and take the price a bit higher To retest a local target above Buy!

linofx1

​​ It looks like 🔻Bitcoin broke a major weekly demand cluster to the downside. Weekly candle close below is a very important bearish clue and it signifies that sellers are willing to push the market lower. Here are the next two major supports on focus: 18870 - 19815 narrow demand area based on 2017-high. 12468 - 13832 demand zone based on 2019-high. And above...

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BITCOIN is trading in a downtrend And the pair broke a key horizontal level Made a rebound and is now about To retest the level again And we are expecting a bearish reaction And a move down towards the target below Sell!

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EURUSD fell down sharply Just as I predicted in my previous analysis But a local horizontal support is ahead From where a rebound is to be expected Buy!

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NEOUSD is trading in a downtrend And the pair just broke out of the bear flag pattern Which reinforces our bearish bias And we are expecting a further move down Sell!

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​​ AUDUSD formed a head and shoulders pattern on a 4H time frame after a test of a horizontal key level. Then the price broke its neckline to the downside. Now we see its retest. I believe that soon the pair will drop lower. Next support - 0.705

linofx1

​​ 🔰EURUSD is stuck between two structures forming a horizontal trading range. To identify a future direction of the market I would suggest waiting for a breakout. 🔰Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance. 🔰Bearish breakout of its support will push the market lower to 1.0462 support. To confirm...

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EURCHF is going up in a strong uptrend But a horizontal resistance is ahead And while the short is somewhat risky I think it offers good risk reward We just need to wait for a confirmation Pattern to form before we enter the trade Sell!

linofx1

! NZDCAD is trading in a downtrend However, a horizontal support is ahead So despite our bearish bias A local rebound is to be expected Buy!

linofx1

​​ EURCAD is trading in a long-term bearish trend. The pair started to consolidate within a horizontal trading range on a daily from the beginning of April. Now the price is approaching its support. From a current perspective, I see two potential scenarios: 1️⃣If the price breaks and closes below the support of the range on a daily, then a bearish trend...