FX:EURUSD has found support within it's current trend zone and looks like it may resume its bullish trend.
TVC:DXY has had upside so far this morning,
which I think will be short lived / no more than a standard price action pullback ready to resume it's downward spiral.
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USDJPY has snapped back into a bullish trend after a successful retrace to 0.5% Fibonacci twice, confirming a double bottom. Red dotted lines are areas of potential resistance, white lines are fibonacci levels.
We have been running a fresh long with GBPUSD after taking profit from yesterdays analysis this morning. Thought it would be worth publishing the analysis now that the market has had time to settle. I would say this trade is still available for an entry.
Short Term/ Mid Term Trade - Gold has respected the 1801 support zone last week, which eventually broke on Friday afternoon.
I would like to see Gold retrace to 1801.90, before following the downward trend. As i've mentioned already, Gold respected the Support Zone on multiple occasions throughout last week.
However, we have seen a lot of volatility recently in...