Get started

Weeklymarketsanalysis

SP500 on new highs 🦐SP500 has almost each the level of February 2020 before that the covid pandemic hit. On the monthly chart the marker has been in a full uptrend for the last 5 months and going on the weekly chart the market has broke the resistance structure around 3200 zone. For the next weeks we can expect the market to reach the recent highs around 3390 zone and consequently break it for new historical highs. –––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
OANDA:SPX500USDLong
by InkyGrip
2
GBPJPY WEEKLY FORECASTHey Traders! Excited for another week of Trading. GBPJPY has been moving in abundance lately. Price still sits under the 200 day Moving Average, with no signs of upcoming breakage. In the last couple of weeks GJ managed to break A Strong Weekly Ascending Channel, & trade a full week above it. Price is currently testing that same Weekly Resistance level it broke. The Pivot Point also held strong after a second failed attempt to break it. I predict Bearish activity following another close under the Pivot Point level. I'm ready for what this week beholds... If you like this analysis please show your SUPPORT by Leaving a Thumbs Up! Comment Your Thoughts Below on GBPJPY
by lobfxempire
2
XMRUSDT is on very strong weekly resistance 🦐XMRUSDT is on very strong weekly resistance after a very nice bullrun. the price could retracement a little bit before a new attempt to break the weekly srtructure (red one). On the daily timeframe (right one) there are the daily support where the price can reload. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
X
by InkyGrip
GBPUSD weekly Elliot chart, 26.07.20 Hi All This is the long term view for GBPUSD. The structures are all confirmed with fibo rations and also RSI There are couple of structures i cant not conform 100% with fibo and RSI but I have names them as they fit in the context and wave counts. First this scenario is valid until we hit 1.29$ This scenario is confirmed if I can see a candlestick breaking through the box area Plotted on the chart the box zone is calculated based on Reverse RIS (5ema) on 2-months chart and weekly charts
by Analyticssage
AUDJPY on a weekly resistance 🦐AUDJPY on the weekly chart (left side) is now testing again a weekly strong resistance around the 76.400 area At the beginning of June price hit and got rejected sharply by the resistance zone, hit the 0.5 fib retracement zone and start again a new impulse to the upside. IF the market will break and close above the weekly structure we can look for a nice long position. IF the market on the other hand turn again below the 75.000 area, we can look for a short order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
by InkyGrip
1
CHFJPY on a weekly resistance 🦐Market is ranging between the 107 and 118 area, on the weekly chart market has been in a discending channel. After the break of it it started an uptrend in higher high higher low move. Currently the market has approached a weekly strong resistance that also is at the top of the asceding daily channel. If the market will break the channel to the upside and consequently break the weekly structure we can set a nice long position according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
1
US OIL will break the monthly resistance? 🦐US OIL on the monthly chart has approached a very important level of a clear resistance zone. On the weekly chart we can see that the market has been in a consolidation phase for the last few weeks. What we could expect is to see the price retrace between the resistance zone and ema 21 before a break or possibly a clear break of the structure retest of it and continue the uptrend move. –––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
TVC:USOILLong
by InkyGrip
4
GBPJPY Weekly Market Analysis. Inverted Cup & Handle Pattern.GBPJPY formed a beautiful Inverted Cup & Handle pattern along with a Bearish Flag pattern in 1 day time frame. After that price broke both the patterns with high Bearish momentum and is now on its retrenchment move and almost retesting 0.61 or 0.78 on the fib levels. Thus indicating the price to go short in the long run. Draw an uptrend line in a lower 4hr time frame and wait to enter when price breaks below that trend line on a lower time frame. That would make your entry much more safe. FX:GBPJPY
Short
by fxtradearmy505