USDMXN rising wedge reversal in play USDMXN is bouncing off the support 19.500-20. This is a long-term support zone, and the beginning of the possible reversal is higher after the multi-month consolidation. A break above 20 .350 would lead to an upside extension and another test of the 20.800 […]
USDMXN confluence of the long-term support Read More »
Bitcoin is retesting 30000 Bitcoin has broken below the 30000 key downside resistance. We are now seeing a retest of this broken resistance zone. The medium-term upside trend is broken, and we can expect more downside to 20000 as long as the instrument is below 35000. Short-term critical downside
Bitcoin is retesting the broken key resistance Read More »
DAX broken resistance retest and rejection DAX is being rejected by the previously broken downside resistance 13900. It is going for another test of 13500 for a confirmed break below this level, for a complete downside extension, and a break below 13300. The downside continuation scenario can only be
DAX downside continuation Read More »
AUDJPY downside reversal AUDJPY is testing the downside reversal resistance 90.60 after rejecting the channel top 94. A break below this resistance of 90.60 will lead to an extension lower to the 85-86 zone, the last support for the upside continuation before the significant 82 level downside resistance for
AUDJPY is rejected from the channel top Read More »
Nikkei is breaking below the triangle. Nikkei has broken below the triangle resistance of 26.200. This break could lead to an extension lower and a test of 24000 in the coming days. Despite the monetary easing by BOJ, Nikkei could not avoid the correlation with other leading world Indices,
Nikkei is breaking below the significant resistance Read More »
