My last analysis for XAUUSD (Gold) came in back on Dec 24, 2019... We mentioned a bullish Gold hitting $1600 in January 2020...
This is exactly what happened, you can see it below:
Now the charts are looking really bullish for Gold, this time around, if...
Conclusión: Después de la explosión, se está acomulando aún así durante esa acomulación podemos ver como está cerca de retestear el P3 de la tendéncia alcista, cosa que podría hacer; aunque teniendo en cuenta que se nos ha creado un HCH invertido que está siendo retesteado, si nos confirma ese retesteo puede que ya suba directo, de todas maneras, esperaremos un...
There are two potential profitable positions coming up in the USD/CHF. Firstly, there are two main Resistance levels, both come from prior flag patters, but the upper resistance level is backed further by also coming from the top of strong peaks. This means one would ideally like to buy from one Resistance level to the other, and be expecting a strong selloff at...
Gold continues to push higher in its current bull trend with all indicators pointing upwards, apart from the RSI which is slightly overbought but this is gold we are talking about...
I am looking for buys but we have some tough resistance building up on the way up. Some more bad news should lead us through that area - possibly today's FOMC but keeping an eye on...
A possible double top on the level $9,140, RSI (Oversold) shows signs of divergence and momentum start to slow down, MACD showing signs of crossing which might indicate a possible bearish move.
A confirmation is needed to confirm the move, waiting for a re-test of the level and observe the behavior of the market movement before entering
Actualmente no está cerca de ningún kl aún así, vemos como está retesteando un triple suelo, con lo que suponemos que subirá aunque no demasiado ya que 1. tiene un HCH que actualmente acaba de retestear, 3 supplys por encima y además la tendéncia alcista, con lo que suponemos que puede subir un poco pero lo hará...
We've broken the HTF double top in the form of an ascending channel. Within the ascending channel, we've reached the structure high for that 3rd touch. Now we're waiting for price to fill the spike and form a retrace. I'll be entering on the retrace formed after filling most of that wick with a 15-20 pip stop depending on the size of the 1hr retrace.
EURAUD is coming closer and closer to a major support line on a daily.
1.605 - 1.61 is a decent zone to consider for a buying opportunity.
Look for a reversal formation within the underlined area and buy the market
expecting bullish continuation to an upper boundary of a channel on 4H
and to higher structure levels.
good morning everyone!)
yesterday EURUSD has broken above 1.1 structure resistance .
the next safest level to sell from is 1.18:
it matches with a current autumn's high
and it is a completion point of a projected ABCD pattern .
as always, wait for confirmation within the underlined zone before taking the trade!
Some nice movement today after US PMI but still looking to push above resistance to make gains. If we can't push higher then the only way is down...
Waiting for the break of the trend line to buy or sells the other way - still neutral.
No news tomorrow so eyes on Trump and China.
EURUSD is approaching a key support area.
Following a major trend, bets are high that we will see a bearish continuation to the current market low
only bearish breakout of the emphasized area will confirm current market sentiment.
today we have a lot of economic data to watch,
the best strategy that we can stick with...
usdcad is entering a decent zone of supply.
1.332 - 1.335 is the area where I will be looking for a reversal formation to short the market.
preferably, stop should be above the underline zone.
target levels will be:
usdcad is currently testing major support area.
if bulls manage to break below the underlined zone,
with very high probability we will see a bearish continuation to lower structure levels.
1.32-1.321 is the area on your focus:
watch how the market reacts to it and sell the market in case of a bearish breakout.
I was asked a lot about USDCHF .
Analyzing 4H chart we can see that the market is currently entering a very wide zone of demand.
this zone is based on a rising trendline and horizontal structure.
Chances are very high that we will see a bullish reaction from this zone at least to 0.992 level.
for now, it is...
NZDCAD is approaching a strong level of resistance.
We have an opportunity to catch a retracement.
pay close attention to a potential head and shoulders formation.
market is currently forming a right shoulder.
let it complete it and then look for an occasional breakout.
Target levels will be:
stop will be...