Re: Long-term and Short-term Setups

USD/CHF Wave Analysis

~~ The counter is currently in an ABC correction.
~~ It is now in its final stage for wave B looking out for support.
~~ We expect the pair to find its support around the current price point and head higher.

https://www.tradingview.com/x/cit1Pv45/

Re: Long-term and Short-term Setups

AUD/USD Wave Analysis

~~ The counter is currently forming an ABC correction.
~~ It has completed the w and x waves of the wave B and is now moving up to form a wave y.
~~ Hence, we expect the pair to be bullish in the near-term.

https://www.tradingview.com/x/1zjSsyBi/

Re: Long-term and Short-term Setups

EUR/USD Technical Analysis

~~ As we mentioned in our previous post, 1.18700 is a strong resistance for EUR/USD.
~~ Now, it has formed a head and shoulder pattern at the zone and is coming down strongly.
~~ The next support is only at 1.17500 and we expect a free ride to bears till then.

https://www.tradingview.com/x/00IjMPYQ/

Re: Long-term and Short-term Setups

AUD/CHF Wave Analysis

~~ After completing a bearish cycle, the counter is limping up to complete ABC correction.
~~ It is forming a wave A in the form of a bearish flag.
~~ We expect it to render a bearish breakout to form wave B.

https://www.tradingview.com/x/6TWya477/

Re: Long-term and Short-term Setups

USD/CAD Technical Analysis

~~ The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
~~ Now, it has taken down a bearish trendline as well.
~~Hence, we expect the pair to be bullish in the short-term.

https://www.tradingview.com/x/t55rBeUu/

Re: Long-term and Short-term Setups

CHF/JPY Wave Analysis

~~ After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase.
~~ It is now at a strong price action support zone and at the final stage of wave A.
~~ Hence, we expect the pair to be bullish in the near-term.

https://www.tradingview.com/x/Ig3fDnPI/

Re: Long-term and Short-term Setups

NZD/USD Technical Analysis

~~The counter was in a consolidation phase after a solid down move.
~~ The consolidation resembles a bearish flag pattern.
~~ Further, the entire setup could be interpreted as a head and shoulder pattern.
~~ Hence, we expect the pair to be bearish in the near-term.

https://www.tradingview.com/x/hVSyIaEv/

58 (edited by TriciaWilson 2020-11-11 14:19:39)

Re: Long-term and Short-term Setups

EUR/USD Technical Analysis

  • The hope (virus cure) rally has fizzled out.
    The pair hit the rang top, formed a head and shoulder pattern, and has broken down now.
    We expect the pair to hit the lower end of the range in the next few sessions.

https://www.tradingview.com/x/2z3k7dmv/