Scheduled Chat Maintenance – November 14, 2021
Zendesk will perform critical maintenance which will impact performance for Chat […]
Friday 5th November: Technical Outlook and Review
On the H4, with price approaching the resistance of the stochastics indicator indicating a reversal, we are biased that price will dip from 1st resistance at 36148 in line with two 161.8% Fibonacci extension level and 61.8% Fibonacci projection level to 1st support at 35975 in line with the 61.8% Fibonacci retracement level. Alternatively, we may see price break 1st resistance and head for 2nd resistance at 36276 in line with 127.2% Fibonacci extensions and 100% Fibonacci projection.
Wednesday 3rd November: Technical Outlook and Review
On the H4, with price approaching the resistance of the stochastics indicator indicating a reversal, we are biased that price will dip from 1st resistance at 36068 in line with the 127.2% Fibonacci extension level to 1st support at 35808 in line with the 38.2% Fibonacci retracement level. Alternatively, we may see price break 1st resistance and head for 2nd resistance at 36148 in line with two 161.8% Fibonacci extensions.
Tuesday 2nd November: Technical Outlook and Review
On the H4, with price trading above the ichimoku cloud, we are biased that the market on this timeframe is bullish. We are expecting to see price head to 1st resistance at 36004 in line with the 127.2% Fibonacci extension level from 1st support at 35808 in line with the 38.2% Fibonacci retracement level.
Tuesday 26th October : Technical Outlook and Review
DXY: On the H4 timeframe, prices are on a bullish momentum. […]
Friday 22nd October : Technical Outlook and Review
DXY: On the weekly, prices have been consolidating in a channel. […]
