Tricia Wilson Posted November 25, 2020 Author Report 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...
Tricia Wilson Posted November 26, 2020 Author Report 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...
Tricia Wilson Posted November 30, 2020 Author Report 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...
Tricia Wilson Posted December 1, 2020 Author Report 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...
Tricia Wilson Posted December 2, 2020 Author Report 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...
Tricia Wilson Posted December 3, 2020 Author Report 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...
pure Posted December 3, 2020 Report Share Posted December 3, 2020 Thanks for these analysis Quote Link to comment Share on other sites More sharing options...
Tricia Wilson Posted December 4, 2020 Author Report 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...
Tricia Wilson Posted December 7, 2020 Author Report 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...
Tricia Wilson Posted December 8, 2020 Author Report 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...
Tricia Wilson Posted December 10, 2020 Author Report 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...
Tricia Wilson Posted December 11, 2020 Author Report 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...
RichardGere Posted December 11, 2020 Report Share Posted December 11, 2020 (edited) ------------- Edited December 15, 2020 by RichardGere Asked a question but no response. Quote Link to comment Share on other sites More sharing options...
24floor Posted December 13, 2020 Report Share Posted December 13, 2020 Interesting perspective, thanks for sharing Quote Link to comment Share on other sites More sharing options...
Tricia Wilson Posted December 15, 2020 Author Report 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...
Tricia Wilson Posted December 16, 2020 Author Report Share Posted December 16, 2020 EUR/USD Technical Analysis ~~ The counter has broken out of a deep consolidation. ~~ Technically, it could be interpreted as a pennant formation and box formation. ~~ Both signify deep consolidation and hence the pair has legs for a further bull run in the short-term. Quote Link to comment Share on other sites More sharing options...
trader5729 Posted December 16, 2020 Report Share Posted December 16, 2020 After reading through your thread I just wanted to say thank you for showingus how you frame your trades and views on FX Quote Link to comment Share on other sites More sharing options...
Tricia Wilson Posted December 17, 2020 Author Report Share Posted December 17, 2020 GBP/USD Technical Analysis ~~ The counter has formed a cup and handle pattern in the long-term charts. ~~ There might be some consolidation in the near-term. ~~ We expect the pair to be extremely bullish in the near-term. Quote Link to comment Share on other sites More sharing options...
Tricia Wilson Posted December 24, 2020 Author Report 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...
Tricia Wilson Posted December 28, 2020 Author Report 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...
Tricia Wilson Posted December 29, 2020 Author Report Share Posted December 29, 2020 EUR/JPY Technical Analysis ~~ The counter has broken out of the critical resistance of 126.8-127. ~~ Further, it has broken out after strong consolidation in the form of flag patterns in price action and RSI indicator. ~~ Hence, we expect the breakout to sustain and catapult the prices higher. Quote Link to comment Share on other sites More sharing options...
Tricia Wilson Posted December 30, 2020 Author Report 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...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.