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Analyis

BTCUSD - Too soon to call BULLFrom the daily chart, market conditions have changed as of the April 13th failed reversal and subsequent upside break of the long-term trend that has contained price since all-time highs (orange line). There is immediate resistance above with a 9500 - 10000 resistance zone and the 200-day moving average. However, likely to be broken with continued upside to test the red line and 11700 in extension. These two levels are valid neckline levels for the inverse head and shoulders structure which had developed from mid-January to the beginning of March. An upside break of 11700 would be sentiment-shifting and the confirmation of the BULL.
BITFINEX:BTCUSD
by BESTY
AUD/USD falling inside minor impulse wave 3AUD/USD falling inside minor impulse wave 3 Next sell targets – 0.7300 and 0.7260 AUD/USD has been falling sharply in the last few trading sessions inside the minor impulse wave 3, which started earlier – when the pair reversed down from the resistance zone lying between the resistance level 0.7500 (previous buy target which also recently reversed the a-wave of the earlier ABC correction 2), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp downward impulse wave 1 from the start of November. AUD/USD is expected to fall further to the next sell target at the key support level 0.7300 (low of the previous minor impulse wave 1) – the breakout of which can lead to further losses toward 0.7260.
Short
by harinsara
2
USDCADNon farm payroll has kept me away from the USD pairs as this pair will be very volatile and unpredictable in the way it moves however I have still analysed it. On the 1 hour window im expecting price to keep moving within the side trend for now and potentially come down to 1.31403 and break below down to1.31073, if not it will come down to around 1.31403 and then bounce back up and continue along the side trend. More fundamental analysis may be required due to this news (Non farm payroll)
by SKAMelo