TriciaWilson Posted November 18, 2020 Author Share Posted November 18, 2020 EUR/AUD Wave Analysis ~~ The counter is correcting in an ABCDE formation. ~~ It has completed wave D and is taking support at the trendline. ~~ We expect the pair to move higher to complete wave E. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 19, 2020 Author Share Posted November 19, 2020 NZD/USD Wave Analysis ~~ The counter has completed a 5-wave bull cycle. ~~ It is now poised to make an ABC correction and break below the support 0.68655 validates it. ~~ Hence, we advise traders to go short after the support breaks. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 23, 2020 Author Share Posted November 23, 2020 USD/JPY Technical Analysis ~~ USD/JPY made a strong impulse move two weeks before. ~~ But the rally fizzled out at the high and since then the pair is retracing its move. ~~ Now, it has found support around the 103.7 mark. ~~ A move beyond the resistance 104.2 can invite bulls once again in this counter and hence we advise traders to go long as soon as the pair breaks above it. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 24, 2020 Author Share Posted November 24, 2020 USD/CHF Technical Analysis ~~ The counter has been coiling within a 300 pip range. ~~ Now, it is at the lower end of the range and taking support. ~~ We expect the pair to head higher to the upper end of the range. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 25, 2020 Author Share Posted November 25, 2020 EUR/GBP Technical Analysis ~~ The counter has been in a steady decline for the last 3 months. ~~ Now, it has hit a strong support level which could trigger some profit booking. ~~ Further, the stochastic indicator has given a buy signal by crossing over from the oversold zone. ~~ Hence, we expect the pair to be bullish in the short-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 26, 2020 Author Share Posted November 26, 2020 AUD/CHF Wave Analysis ~~ The counter has been in a 5-wave bull cycle. ~~ Now, it is in the wave 4 phase which results in a bearish correction. ~~ Hence, we expect the pair to be bearish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 30, 2020 Author Share Posted November 30, 2020 AUD/NZD Technical Analysis ~~ The counter has been on a selling spree for the last 3 months. ~~ Now, it has broken down a critical support level of 1.05620 and retested it, validating the breakdown. ~~ Hence, we expect the pair to weaken further from here. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 1, 2020 Author Share Posted December 1, 2020 USD/CAD Technical Analysis ~~ The counter is currently hovering around long-term support of 1.3000. ~~ Though the price action has been able to marginally breakdown, it is not able to follow through. ~~ Further, the stochastic indicator has made a bullish crossover from the oversold zone in the 8-h chart. ~~ Hence, we expect the bulls to push the pair to higher levels from here. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 2, 2020 Author Share Posted December 2, 2020 NZD/USD Technical Analysis ~~ The counter has been in a strong uptrend in the long-term charts. ~~ In the short-term charts, it is moving up in an ascending channel. ~~ Further, it is currently at the lower parallel and hence it's a good time to go long. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 3, 2020 Author Share Posted December 3, 2020 EUR/AUD Technical Analysis ~~ The counter is currently in a bearish flag formation. ~~ It has formed a good base at the lower parallel and is ripe for a rally. ~~ Hence, we expect the pair to be bullish and move to the upper parallel from here. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 4, 2020 Author Share Posted December 4, 2020 GBP/JPY Technical Analysis ~~ The counter has been in an ascending triangle formation. ~~ Now, the range is narrowing and the pair is in a make or break situation. ~~ We expect the pair to render a bullish breakout, however, we advise traders to go long only above 140.341. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 7, 2020 Author Share Posted December 7, 2020 GBP/CAD Technical Analysis ~~ As we suggested earlier in our premium analysis, the counter has formed a bearish flag formation. ~~ It has now broken down with a strong volume candle. ~~ Hence, we expect the pair to move down to lower support levels. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 8, 2020 Author Share Posted December 8, 2020 EUR/JPY Wave Analysis ~~ The counter is currently in a short-term bull cycle. ~~ It is now in a consolidation phase which could be termed as wave 4. ~~ We expect the pair to surge to the high to complete wave 5. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 10, 2020 Author Share Posted December 10, 2020 EUR/USD Technical Analysis ~~ The counter is currently forming a bullish flag pattern. ~~ It is now sliding down to the support zone placed around 1.2000. ~~ The support zone presents a good buying opportunity, however, if you are a risk-averse trader, we advise you to go long after it crosses the resistance at 1.21322. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 11, 2020 Author Share Posted December 11, 2020 GBP/NZD Technical Analysis ~~ The counter has broken down a head and shoulder pattern. ~~ The pattern is right inclined which portrays extreme negativity in the counter. ~~ Hence, we expect the pair to be bearish in the short-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 15, 2020 Author Share Posted December 15, 2020 USD/CHF Technical Analysis ~~ The counter has been sliding down in a descending channel formation. ~~ It is now consolidating in a bear flag pattern and closing in on the upper parallel. ~~ We expect the pair to find resistance around here and then continue its downside. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 24, 2020 Author Share Posted December 24, 2020 USD/CHF Technical Analysis ~~ The counter has found support at the lows. ~~ It is forming a base in the form of an inverted head and shoulder pattern. ~~ We expect the pair to soar when it crosses above the neckline. Hence, buy only above 0.89200. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 28, 2020 Author Share Posted December 28, 2020 EUR/USD Wave Analysis ~~ The counter is currently in a 3-wave bear cycle. ~~ Now, it has completed its wave B and is poised to commence its wave C. ~~ The engulfing bearish candle has marked the beginning of wave C and hence we expect the pair to be bearish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted December 30, 2020 Author Share Posted December 30, 2020 GBP/USD Technical Analysis ~~ GBP/USD is forming an ascending triangle pattern in the short-term charts. ~~ Further, the continuation pattern has been formed after a breakout in the long-term charts. ~~ Hence, we expect the pair to be bullish in the short-term. Quote Link to comment Share on other sites More sharing options...
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