Entry: with price at or above 36.81 Volume: with volume greater than 5.6M Target: 39.99 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 36.81 & target of 39.99, a stop at 35.75 gets you 3/1 Reward to Risk Ratio. Resistance: Resistance around...
Waiting for a retest of 1.68792 to short GBPCAD back to Daily swing lows at 1.66195 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 108.453 to long CADJPY back to swing highs at 109.518 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 1.25477 to short GBPUSD back to Daily swing lows at 1.23100 If you agree drop a like and if you have any questions leave a comment :)
Entry: with price at or slightly above 174.74 Volume: with volume greater than 1.47M Target: 408.78 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 174.74 & target of 208.02, a stop at 163.65 gets you 2/1 Reward to Risk Ratio. This LONG swing...
Waiting for a retest of 1.93958 to long GBPAUD back to swing highs at 1.99144 If you agree drop a like and if you have any questions leave a comment :)
Analysis and strategy OANDA:GBPUSD OANDA:GBPUSD edges higher during the Asian session on Monday amid subdued USD demand. The uncertainty over the Fed's rate-hike path is seen as a key factor undermining the USD. The lack of any meaningful buying warrants some caution for aggressive bullish traders. GBP/USD climbed to a weekly high of 1.2747 on Wednesday...
Forecasting and strategy TVC:GOLD : Gold price portrays the routine consolidation ahead of the United States Nonfarm Payrolls (NFP) while easing to 1,940$ amid the early hours of Friday, after reversing from the highest level in a month the previous day. In the near term, and according to the 4-hour chart, the risk skews to the downside. Technical indicators...
Strategies and signals TVC:GOLD In his remarks at the Jackson Hole conference, Fed President reiterated his commitment to continue to closely monitor economic data, while leaving the door open to a rate hike. TVC:GOLD prices will hardly receive strong impetus to break out without a significant increase in inflation data or a worsening job market. The yuan...
Signals and strategies TVC:GOLD Gold is on track to recover from losses recorded in the previous four weeks ahead of a speech by US Federal Reserve Chairman at the Jackson Hole Symposium. The precious metal has shown resistance despite the improvement of the US Dollar (USD). US Dollar (USD) rally boosted by moderate US jobs data, keeps market sentiment...
Gold price assessment this week TVC:GOLD During this week, the gold price has continuously dropped from 1,912$ to 1,884$ and closed at 1,889 USD/oz. Gold prices fell this week as the yield on the 3-month US Treasury note jumped to 5.29%, its highest level in 15 years and well above its long-term average of 4.5%. ,18%. This shows that investors are expecting...
Signals and Strategy August 24 TVC:GOLD The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback, fell 0.19%, increasing the attractiveness of gold to buyers holding other currencies. The precious metal will face some...
Plan for August 23 TVC:GOLD TVC:GOLD prices slightly extended its gains and successfully continued a third day of gains. TVC:GOLD hovers around 1,900$ during the Asian session on Wednesday, showing signs of recovery from four consecutive weeks of losses despite a firmer US Dollar (USD). However, a stronger recovery is unlikely at the moment. The...
Analysis and strategy OANDA:EURUSD In the 24-hour timeframe: Yesterday, I expected EUR to trade in the 1.0870/1.0915 range. We didn't anticipate the spike in volatility. After rising to a high of 1.0930, EUR plummeted to a low of 1.0831 and then closed at 1.0844 (-0.44%). The rapid decline has regained momentum and EUR is likely to weaken further today. A...
Waiting for a retest of 0.81029 to short NZDCAD back to Daily Zone at 0.79440 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 163.809 to long CHFJPY back to swing highs at 166.404 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 157.548 to long EURJPY back to swing highs at 159.331 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 0.87453 to short AUDCAD back to Daily swing lows at 0.85996 If you agree drop a like and if you have any questions leave a comment :)