Overall bearish bias from HTF to LTF . We can see that there shift from demand to supply has occurred on LTF . I am using 15m for LTF narrative, 4h hour for mid TF and Daily for HTF.

A Bearish Butterfly rested in the key resistance zone is usually a perfect setup for me, however, there is some imperfection in this setup. A break and close above the previous Bearish Trendline. This is true, but at least it didn't break and close above previous structure, the finger cross. The nex

After reaching 160 important zone last week, GbpJpy has started to rise and made a local high above 164 yesterday. However, bulls were incapable to hold gains and the market closed in the red. Overnight also the trend line was broken and yesterday's high can mark a lower high in a sequence that star

EURUSD has made a bullish engulfing candlestick pattern after a series of bearish candles which indicates an upward momentum from here

A price action above 0.9555 supports a bullish trend direction. Crossing below this level will negate the bullish trend . RSI leaves enough room for further upside price potential. Trend strength suggests a strong trend gaining strength. Remains a risky trade.

Yesterday, EURUSD went up to 1,0936 and it rejected that level. That probably means the pullback has ended and it's time for a downside move. We're looking for targets below 1,0700. As soon as price breaks below the previous lows, that will confirm our idea. The best entry levels are on rejection of

#OpinionLeader# Following the strong bullish momentum identified on the daily time frame, and considering the reversal structure noticed on the daily time frame it appears that we are on a verge of a retracement phase which could probably tend towards between 50 to 78.6% retracement of the impulse l

By Tom Westbrook SINGAPORE (Reuters) – The dollar was kept on the back foot on Wednesday as hopes for a breakthrough in Russia-Ukraine peace talks lifted the euro, while the under-pressure yen steadied even as the Bank of Japan redoubled efforts to pin down bond yields. By Tom Westbrook SINGAPORE (R

At 4.30 am ET Tuesday, IHS Markit is set to issue UK construction PMI data for September. The index is seen at 54.0 versus 54.6 in August. The pound fell against its major rivals before the data. The pound was worth 1.2962 against the greenback, 136.85 against the yen, 1.1860 against the franc and

Ahead of the long break for the Chuseok Festival, the South Korea stock market had finished higher in three straight sessions, advancing more than 55 points or 3.5 percent along the way. The KOSPI now rests just beneath the 2,330-point plateau although it may open lower on Monday as it catches up on