Is A Failed Bearish Technical Signal Bullish?
By nearly any measure one chooses, the dollar is historically rich. When it does turn, it would likely be dramatic. That is what happened after the…
Showing posts with the label bearishShow all
Trading Signal for GBP/USD on October 12 - 13, 2022: sell in case of pullback 1.1105 (bearish channel - 21 SMA)
In the Asian session, the GBP/USD pair fell to a low of 1.0923. Around this area, it found a strong technical rebound that reached the level of 1.10…
Australian Dollar Outlook Bearish Amid US Dollar Surge and China Woes
The Australian Dollar plummeted more than 3% against the US Dollar over the past week, dragging AUD/USD to its lowest level since July 21. A safe-hav…
Trading Signal for USD/JPY for July 28 - 29, 2022: buy above 134.37 (6/8 Murray - bottom bearish channel)
Early in the American session, the USD/JPY pair is trading at around the key 6/8 Murray support and around the bottom of the downtrend channel forme…
Bearish Litecoin target of $32
Blue line- RSI bullish divergence Red lines- wedge pattern green line- horizontal resistance Litecoin price action remains bearish. Price is stil…
Trading Signal for GBP/USD for July 08 - 11, 2022: buy above 1.1966 (21 SMA - bearish channel)
Early in the American session, the British pound (GBP/USD) is trading above the 21 SMA and below the downtrend channel formed on June 21. On July 6…
EUR/USD: bearish pattern to be activated
The EUR/USD pair is trading in the red at the time of writing as the Dollar Index is fighting hard to rebound. The pair was traded at 1.0517 at the t…
GBP/USD building triangle as bearish pattern
The GBP/USD pair is trading in the red at 1.2232 at the time of writing. In the short term, the pair moves sideways, so we'll have to wait for th…
Ethereum short-term oversold but still inside medium-term bearish channel.
Red lines- bearish channel Ethereum price recently made a low at $880 and is now trading above $1,000 again. Price remains inside the downward slop…
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