We are watching today the consolidation in the AUDJPY for a possible long entry. On a daily chart, we are seeing the retest of the previously broken upside resistance 82.400 level. Today price action is not giving much clues either to the bulls or to the bears, but since we

On this weekly chart, we are drawing Pitchfork channels on NZDUSD. On the weekly NZDUSD chart, we can see that the instrument is rejected by the upper Pitchfork channel line 0.7400 level.  This rejection could prolong the sideways price action in the pair if we see a break below the

Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is pulling back to a broken downside resistance now acting as a support 500-580 zone. This zone needs to be broken for the upside continuation. Look for the selling opportunities with the SL

In this article, we will take a look at the key ongoing consolidation on the market and possible outcomes near-term. Looking at the monthly chart we can see that DXY US dollar Index is trying to bounce off the strong confluence of the support. At the 87-91 zone, we have aligned the

In this article, we want to help you to determine the target for the Oil after the strong 200 SMA monthly bullish break in progress. We will use our top-down trading analysis to find the suitable entry point and the target.  You can see on a monthly chart the break above