Hokusai_FX

Hokusai_FX

EURUSD after penetrating the minor bullish area is currently correction. At present the price responds to trendline very well, with the price always forms a new lower high, by looking at some of these indications, the possibility of the price will be bullish in a fairly close time.

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GBPUSD After bullish forms a boss with a bullish minor break, there is a correction and today the price of breakouts is seen from the trendline, there is a high possibility that the price will be bullish this week with the analysis limit that the price does not fall back to the invalid area

Hokusai_FX

DXY in recent days can be seen sideways, the price moves slowly and according to my analysis that DXY will still make a deep price reduction as long as the price does not rise more than the invalid area

Hokusai_FX

GER40 analysis is still in accordance with the analysis a few weeks ago, where prices tend to follow the bearish curve. Still at the same price target, prices tend to move towards the Fibo area of 1,618

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In my opinion, GER40 presents a slightly different perspective. If you observe the movement of the wave, you will notice a curve that is currently supporting it. Usually, when such a curve forms, the price tends to follow the same movement. Therefore, I believe that in the medium term, the price is likely to remain bearish. Furthermore, if you look at the current...

Hokusai_FX

Over the last few weeks, the price of oil has experienced a noticeable decline. Upon closer inspection, this trend appears to be the result of a series of corrections from the previously bullish market. Currently, there is speculation surrounding the possibility of Wave (C) occurring, which is being analyzed through the addition of Fibo Expansion. It is predicted...

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The current trend for gold shows that the price is still within a bearish channel, despite a bullish week. This means that the target price still remains within this bearish channel. It is important to note that there is a possibility of a sudden and significant price reduction at any time.

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The currency pair of GBPJPY has recently touched the Fibo area of 0.236 and experienced a bullish move. Currently, there has been a BoS and the Sturcture Market is showing a strong indication of bullish continuation. If the price declines again, it will only be considered a correction from the bullish trend that has occurred. It is important to note that the price...

Hokusai_FX

From a broader perspective, it seems like Eurjpy is still in a bullish trend. When we draw the Fibo Retracement for the last swing, the price has responded positively to the SND area in Fibo 0.5 and has reached Fibo 0.382. Currently, the price has successfully penetrated the trendline and formed a bullish pattern, which indicates that the price is likely to...

Hokusai_FX

When there is a bullish trend in the market, there is a structure known as a "boss." Currently, the market is bearish, with the price penetrating the minor bearish area and heading towards the trendline. If the price manages to break through the trendline, it will confirm the two bearish trends. To find opportunities for long positions, you can draw a Fibonacci...

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In my analysis of USDCAD, I identified a potential buying opportunity in the Fibonacci retracement zone of 0.236 to the SND area. The market structure still shows a series of bullish trends, indicating a possible upward trend. However, it is important to note that this analysis will be invalidated if the price drops below a certain level. Therefore, it is...

Hokusai_FX

During this week, the GBPUSD managed to overcome two bearish obstacles - a trendline and CHoCH formation. This strengthens the analysis that in the medium term, the GBPUSD trend has shifted to being bullish. The initial target for this trend is the SND area, which also intersects with the trendline (marked in red).

Hokusai_FX

DXY confirmed this week that its price has been bearish and is currently attempting to break through the reversal area. If the reversal line is successfully penetrated, it will confirm the bearish trend, although there is a possibility of a temporary bullish correction. The initial bearish target is 103.500

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Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.

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After analyzing the Audusd on the D1 timeframe, I noticed a trend-forming candle from two weeks ago. There was a trendy sideways movement with a distance of 300 pips, but a bearish candle managed to break through the support in the middle of the week. I also observed a candle Pin Bar in the resistance area, which leads me to believe that the Bearish Trend is still...

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The GBPUSD price movement is similar to EURUSD. When the main trend is bearish, any bullish activity is part of the correction.

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I noticed that prices rose at the end of the week, which could indicate a bullish trend. However, it's likely that the trend will remain limited to the trendline channel area next week. It's important to note that the overall trend is still bearish and there hasn't been any significant change. The bullish trend may only be a correction from the bearish trend.

Hokusai_FX

Based on Dxy's recent movements over the past 2 weeks, there hasn't been a noticeable correction. Despite the fact that the price has reached Fibo Extensions 1, it's likely that there will still be an upward trend towards a price of 109,000.