Tag: alert
August 3, 2022
Could We See a New Move Lower on the EURUSD?
Hi all, welcome to Wednesday’s update. Focus today is on the EURUSD daily chart as we continue to watch the current consolidation after buyers failed to clear resistance and sellers took back control in yesterday’s session. Please watch our update video just below the...
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August 3, 2022
Oil Back at Key Support Who Will Win This Battle?
Hi all, thanks for checking in for Wednesday’s video analysis on oil. Once again, we find ourselves back at key support. This level has stood since March, and till today sellers haven’t been able to break through this level. For the last two sessions, sellers have...
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August 1, 2022
CFD News – Could Oil Sellers be Starting a New Breakout?
Thanks for stopping by for Monday’s update. Today’s focus is on oil’s daily chart as sellers have made an aggressive move and have started to confirm a pattern breakout. Looking at the overall trend structure, we can see a LH has formed just before sellers...
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July 28, 2022
NZDUSD, buyers building for a break higher?
Welcome to Thursday’s update. Focus today is on the NZDUSD. The price failed to launch our consolidation after yesterday’s FOMC, but the pattern remains, and we continue to wonder if secondary momentum will see buyers confirm a breakout. Early this morning, the FED...
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July 26, 2022
USDCAD setting up for a new leg lower?
In today’s update, we are looking at the USDCAD off the daily chart as sellers look to be pushing at a new leg lower. Yesterday sellers put to bed a quick recovery rally from buyers by not only killing the candle but by also breaking below 1.2855 support. This could be...
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July 25, 2022
Sellers planning a new assault on the US30?
Sellers planning a new assault on the US30? Welcome to Monday’s update. Today’s focus is on the US30, as two things have caught our eye on the 6H chart. After Friday’s decline, we can see that the price now sits at the bottom of its ascending wedge pattern....
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July 21, 2022
EURUSD, buyers starting to set up a new continuation?
Welcome to Thursday’s update. So far today, we have been watching the EURUSD as buyers have started to fight back after some demand crept in yesterday. We are watching the current price to see if a new continuation can confirm on the 4H chart as price continues to sit on...
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July 19, 2022
Bitcoin held at 22,700 resistance. Can buyers take the next step?
Hi and thanks for stopping by to watch today’s update. Today we’re looking at Bitcoin on the 4H after a few days of solid buying, and a few rejected pushes higher. Yesterday’s things looked bright for bitcoin and the top ten as it looked like buyers here hit on the case,...
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July 14, 2022
Forex News: USDCAD above resistance. Will we see a new extension?
Hi traders, today has been an exciting day with strong gains seen from the majors to the JPY. The USD made a late fightback, and we did see new weekly highs on the USD index. Risk majors, as a result, have traded lower than the USD, but for now, the EUR has not yet declined...
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