HI people welcome to Team Decrypters
Forecast / Plan For OIL :-
We Are expecting Retracement for the oil to Fill GAP and Even go Lower
And After we expect Higher prices
--we are bullish until the objective is completed
--We are expecting than to DROP in OIL prices ( in 2-4 MONTHS) Which co incised with "OURS IDEA OF" "US Recession" /"Stagflation"
The...
Couple levels to watch for in the Dollar Canadian, looks like next week could possibly continue the downtrend as the dollar starts to sell off. Keep in mind the possibility of more stimulus possibly and the new administration pick for head of the FED who generally allowed for more inflation then most.
USCAD has nice clean support and resistance levels to trade...
GBPCHF is Bullish - We look to Buy at 1.2035
▪️ Short term momentum is bullish.
▪️ We have a 50% Fibonacci pullback level of 1.2037 from 1.1869 to 1.2205.
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.2035, resulting in improved...
