Swingtradingsignals
GBPJPY: More Growth is Coming?! 🇬🇧🇯🇵
GBPJPY broke and closed above a resistance line of an expanding
wedge pattern on a daily.
It indicates a strong bullish momentum and highly probable
bullish continuation.
With a high probability, the price will reach 196.6 level soon.
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NZDCAD: Important Bearish Breakout 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The broken structure turned into a strong resistance now.
Taking into consideration the fact that the pair is trading
in a strong bearish trend since the end of September,
we can expect its continuation.
Next support - 0.507
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NZDCAD: Bearish Movement in Channel 🇳🇿🇨🇦
NZDCAD is trading within a wide falling channel on a daily.
After a test its resistance, the price formed a head & shoulders pattern on that.
Breakout of the neckline of the pattern indicates a highly probable bearish continuation
within the channel.
Goal - 0.8161
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NZDJPY: Important Breakout 🇳🇿🇯🇵
NZDJPY broke and closed below a support line of a wide horizontal
parallel channel on a daily.
The broken structure turned into resistance now.
With a high probability, the market will continue falling
and reach 88.7 level soon.
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GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵
GBPJPY dropped heavily on Friday.
The price violated both a support line of a rising parallel channel
and a horizontal demand zone.
With a high probability, the price will continue falling next week.
Next support - 193.9
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USDCAD: Massive Breakout is Coming?! 🇺🇸🇨🇦
USDCAD is testing a significant weekly horizontal resistance cluster
based on the highs of 2022/2023/2024.
With the current fundamental sentiment, probabilities
will be high that we will see a breakout attempt of that.
A weekly candle close above will confirm a violation.
It will open a potential for more growth.
Get ready.
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NASDAQ INDEX (US100): Important Breakout
US100 formed a cup & handle pattern and successfully violated
its neckline on a daily.
With a high probability, the broken neckline turns into support now.
We can expect further growth.
Next resistances: 20550 / 20720
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S&P500 INDEX (US500): Bullish Trend Continue
US500 broke and closed above a resistance line of a horizontal
range yesterday on a daily and updated the All-Time High.
It confirms the dominance of the buyers and indicates
a highly probable continuation of the uptrend.
Next resistance - 5850
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USDCHF: Bullish Move After Breakout 🇺🇸🇨🇭
Look at a price action on USDCHF.
The price broke a resistance line of a wide horizontal range on a daily.
After a breakout, the price started a local correctional movement on a 4H.
A bullish flag pattern was formed.
With the opening of a NY session, the market went up and violated
its resistance.
With a high probability, growth will continue now.
Goal - 0.8598
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GBPCAD: Bearish Outlook After News 🇬🇧🇨🇦
GBPCAD may continue falling after a release of US unemployment data.
With a high probability, the price will reach 1.771 level.
As a confirmation, I see a strong bearish reaction to a recently broken
horizontal resistance that turned into support now.
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EURUSD: Your Trading Plan For Next Week Explained 🇪🇺🇺🇸
EURUSD is trading in a long-term bullish trend on a daily.
In September, the price formed a huge ascending triangle formation
- a classic bullish accumulation pattern.
Your strong bullish signal will be a breakout of the underlined resistance
- the neckline of the pattern.
A daily candle close above that will confirm the strength of the buyers
and a bullish trend continuation.
Next goal will be 1.124 then.
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AUDNZD: Strong Bullish Signal?! 🇦🇺🇳🇿
AUDNZD broke and closed above a resistance of a wide horizontal range on a daily.
With a high probability, the broken structure turns into support now.
The pair will most likely continue growing.
Next resistance - 1.097
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EURUSD: Very Bullish Price Action 🇪🇺🇺🇸
The price action on EURUSD remains strongly bullish on a daily time frame.
With 3 consequent higher highs and 2 higher lows, the market is trading in a healthy bullish trend.
I believe that the pair has a good potential to continue growing.
Probabilities are high that the pair will retest the current high - 1.1047 soon.
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