Elliott waves analysis – As long as the price remains below 110.81, we expect a rally towards 108.65

USDJPY – Down Wave Analysis The US Dollar is below the 4 hour level 110.81. And as we stated few days ago, while the price is below this level, we expect a possible extension of the impulsive wave (c) to the lowerside and should breakout below 109.25 but should not go lower than 108.05. This

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Technical crypto analysis based on breakout – sell BTC from $6,590.82

BTC – Technical Observation On the 4 hour chart attached, BTC is still below the 152 Simple Moving Averages, but above the remaining two , 14, and 52, SMAs, As I started sometimes back, while the price is still contained below the 152 Simple Moving Average, a steep decline in value is still expected. And

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Forex Technical Analysis: Trend potential – Buy USD around 110.28 towards 111.51

USDJPY – Down technical Observation Today, I expect the USD to trade within an equilibrium range, not going above 111.51 or below 110.13. If the price should break out of these lines, then I’ll pick a trade depending on the direction of the breakout. As it is on the hourly chart attached, I’m waiting for

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Forex Technical Analysis: Trend potential – sell GBP below 1.2737

GBPUSD – Flat Technical Observation Earlier this week, GBP rallied intensely to the lowerside and even went below the daily support line 1.2737. While the price is contained below this line, I expect a steep decline towards 1.1870 and should breakout even lower. On its way to the lower side, the key lines to look

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Forex Technical Analysis: Trend potential – place a pending sell limit order at 1.1435

EURUSD – Up Technical Observation: After breaking below the supportive trendline, Eur continued slightly to the lower side but is retracing to the same line. This trendline is a very good sell place and if you’re not already in a short position by now, its good to wait for a bounce from this trend line

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Elliott waves crypto analysis – we’re still selling this Ethereum

ETH – Wave Analysis Perfectly as we said few days ago, Ethereum rallied intensely to the lower side and still showing signs of rallying even further lower. We’re eyeing a possible bounce from 409.13 to pick a low risk short position. The anticipated bearish price rally is the continuation of the impulsive wave (5) to

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