Forecasts and analysis from EXNESS

Buy above 10332. Stop loss at 7902. Take profit at 12808 and 14497. Reason for the trading strategy (fundamentally): There is still tremendous doom and gloom about Bitcoin and the only reason we are seeing a correction is because Goldman Sachs analyst Sheba Jafari has published an analysis saying th...

Sell below 1.2203. Stop loss at 1.2253. Take profit at 1.2089. Reason for the trading strategy (technically): Price has broken major support-turned-resistance at 1.2203 (Fibonacci retracement, horizontal pullback resistance) and we expect this to trigger a strong sell off that would push price down ...

Buy above 1326. Stop loss at 1321. Take profit at 1332. Reason for the trading strategy (technically): Price is testing major support at 1326 (Fibonacci retracement, horizontal overlap support, bullish harmonic formation) and a strong bounce could occur at this level to push price up to at least 133...

Sell below 111.42. Stop loss at 111.73. Take profit at 110.61. Reason for the trading strategy (technically): Price is testing major resistance at 111.42 (Fibonacci retracement, bearish bar harmonic formation) and we expect to see a strong reaction off this level to push price down towards 110.94 be...

Buy above 10332. Stop loss at 7902. Take profit at 12808 and 14497. Reason for the trading strategy (fundamentally): Price has dropped strongly amid concerns in Asia as investors still keep an eye out on the crackdown in Korea. Most recently a senior official at the People’s Bank of China is reporte...

Sell below 135.91. Stop loss at 136.38. Take profit at 134.84. Reason for the trading strategy (technically): Price has dropped absolutely perfectly from our selling area yesterday and has since made an intermediate recovery. We’re back to testing our major resistance again and we look to sell below...

Buy above 112.31. Stop loss at 111.97. Take profit at 113.11. Reason for the trading strategy (technically): Price has continued to drop really nicely towards our profit target. We look to buy above major support at 112.31 (Fibonacci extension, Fibonacci retracement, horizontal swing low support) fo...

Buy above 132.63. Stop loss at 131.87. Take profit at 133.74. Reason for the trading strategy (technically): Price has started to form a really nice reversal pattern. We remain bullish looking to buy on dips above major support at 132.63 (Fibonacci retracement, horizontal pullback support, Fibonacci...

Sell below 0.7630. Stop loss at 0.7743. Take profit at 0.7514 before 0.7374. Reason for the trading strategy (technically): While yesterday saw very little movement on AUDUSD, price has broken a major support level triggering a bearish move from here. We look to sell on strength below major resistan...

Buy above 85.53. Stop loss at 84.92. Take profit at 86.67. Reason for the trading strategy (technically): Price continues to test our major support at 85.53 (Fibonacci extension, horizontal swing low support) where we expect a bounce from to push price up to at least 86.67 resistance (Fibonacci retr...

Sell below 1.1881. Stop loss at 1.2009. Take profit at 1.1683. Reason for the trading strategy (technically): Price continues to drop below our selling area. We remain bullish looking to sell on strength below major resistance at 1.1881 (Fibonacci retracement, horizontal overlap resistance) and we e...

Sell below 0.9935. Stop loss at 0.9990. Take profit at 0.9847. Reason for the trading strategy (technically): Price has continued to test our selling area and is dropping nicely from that area. We look to remain bearish and sell on strength below 0.9935 resistance (Multiple Fibonacci retracement, pu...

Sell below 133.09. Stop loss at 113.52. Take profit at 112.33. Reason for the trading strategy (technically): Price has dropped perfectly towards our profit target. We now look to sell below 113.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 112.33 s...

  Buy above 132.63. Stop loss at 131.87. Take profit at 133.74. Reason for the trading strategy (technically): Price has dropped perfectly to our profit target. We prepare to buy on major support at 132.63 (Fibonacci retracement, horizontal pullback support, Fibonacci extension) for a push up to 133...

Sell below 0.7630. Stop loss at 0.7743. Take profit at 0.7514 before 0.7374. Reason for the trading strategy (technically): Price has broken a major support level triggering a bearish move from here. We look to sell on strength below major resistance at 0.7630 (Fibonacci retracement, horizontal over...

Buy above 85.53. Stop loss at 84.92. Take profit at 86.67. Reason for the trading strategy (technically): Price continues to inch lower and we’re starting to see major support at 85.53 (Fibonacci extension, horizontal swing low support) where we expect a bounce from to push price up to at least 86.6...

Sell below 1.1879. Stop loss at 1.2015. Take profit at 1.1673. Reason for the trading strategy (technically): We’re seeing major resistance below 1.1879 (Fibonacci retracement, horizontal overlap resistance) and we expect to see price make a strong push down from this level towards 1.1673 support (F...

Sell below 0.9925. Stop loss at 0.9991. Take profit at 0.9826. Reason for the trading strategy (technically): Price has continued to drop really nicely after breaking our key support area. We look to remain bearish and sell on strength below 0.9925 resistance (Fibonacci retracement, pullback resista...

Sell below 133.72. Stop loss at 114.11. Take profit at 112.95. Reason for the trading strategy (technically): Price has dropped nicely from our selling area previously We look to sell on strength below 113.72 resistance (Fibonacci retracement, horizontal overlap resistance) for a stronger push down ...

Sell below 133.85. Stop loss at 134.18. Take profit at 133.12. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We look to sell on major resistance at 133.85 (Horizontal pullback resistance, Fibonacci retracement, Fibonacci extension) for a co...

Sell below 0.6890. Stop loss at 0.6916. Take profit at 0.6824. Reason for the trading strategy (technically): Price has dropped strongly from yesterday. Today we look to sell on strength below strong resistance at 0.6890 (Fibonacci retracement, horizontal overlap resistance) for a further push down ...

Buy above 86.58. Stop loss at 86.26. Take profit at 87.21. Reason for the trading strategy (technically): Price continues to whipsaw and continues to be testing our major support level at 86.58 (Fibonacci extension, long term Fibonacci retracement, fake horizontal breakout). We look to buy above thi...

Buy above 0.7628. Stop loss at 0.7556. Take profit at 0.7730. Reason for the trading strategy (technically): AUDUSD continues to test our major support. We remain bullish looking to buy above 0.7628 major support (Fibonacci extension, horizontal swing low support, Long term Fibonacci retracement) fo...

Sell below 0.9925. Stop loss at 0.9991. Take profit at 0.9826. Reason for the trading strategy (technically): Price has broken a key support level triggering a head and shoulders reversal. We look to sell below 0.9925 resistance (Fibonacci retracement, pullback resistance) for a strong push down to ...

Sell below 1.1679. Stop loss at 1.1736. Take profit at 1.1573. Reason for the trading strategy (technically): Price is approaching major resistance at 1.1679 (Fibonacci retracement, horizontal resistance, Fibonacci extension) and we expect to see a strong reaction off that level to push price down t...

Buy above 131.51. Stop loss at 131.02. Take profit at 133.12. Reason for the trading strategy (technically): Price has continued to whipsaw around our buying entry. We remain bullish looking to buy above major support at 131.51 (Fibonacci extension, horizontal swing low support, bullish channel exit...

Sell below 0.6968. Stop loss at 0.7043. Take profit at 0.6827. Reason for the trading strategy (technically): Price continues to test major resistance. We remain bearish looking to sell on strength below major resistance at 0.6968 (Fibonacci retracement, Fibonacci extension, bearish divergence) for ...

Buy above 86.95. Stop loss at 86.61. Take profit at 87.67. Reason for the trading strategy (technically): Price has been whipsawing a lot since yesterday but is starting to form a nice reversal pattern. We look to buy above strong support at 86.95 (Fibonacci extension, Fibonacci retracement, horizon...

Buy above 0.7628. Stop loss at 0.7556. Take profit at 0.7730. Reason for the trading strategy (technically): Price continues to rise nicely from our buying area, having made a bullish exit of its descending resistance-turned-support line. We remain bullish looking to buy on dips above 0.7628 major s...

Buy above 0.9937. Stop loss at 0.9872. Take profit at 1.0036. Reason for the trading strategy (technically): Price is now testing major support at 0.9937 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect a strong bounce above this level to push price up to at lea...