The EUR/USD in the last session made a double bottom on the 61.8% Fibonacci Level in confluence with the dynamic trendline of the bullish channel where today, the price may continue to grow more. We are Looking for a long continuation.
AUD/USD inside a Bullish channel in the last hours makes a strong retracement where the price now is close to the 50% - 61.8% Fibos Area where the confluence with the dynamic trendline and following the main trend may give a bullish impulse inside the channel to continues the rising.
USD/JPY during the night has a strong pullback on the 61.8% Fibo from the previous swing high a turn bearish in the direction of the primary trend. We are looking for a continuation of the short impulse.
EUR/USD Today the price is moving inside and accumulation is where the price bounces up to down. The scenario is still in a bullish trend where the price after touching 61.8% Fibo seems ready now to have a new Bullish impulse. We are looking for a continuation of the primary trend.
As predicted yesterday the GOLD continues to grow with a rebound on the 50% Fibo Area plus the confluence of the Dynamic trendline and the Divergence on the stochastic indicator. We are looking for a new bullish impulse.
As predicted yesterday, the price makes a Pullback on the 50% Fibonacci level inside a Bullish channel where the value finds a solid place where have a rebound to continue in the direction of the main trend. The Stochastic is still in the oversold area and seems ready to grow and the price moved again above the 50 Moving average. We are looking for a Bullish continuation.
The NZD/USD pair attracts fresh buying and jumps to over a one-month high during the latter part of the Asian session on Wednesday. The pair is currently placed around 0.6480 and this rally may continue until 0.6550 / 0.6600. Our Idea today is about a new bullish impulse in a continuation of the strong uptrend.
The USD/CAD pair attracts some sellers following an early uptick to the 1.3410 area dips into negative territory for the second straight day on Wednesday. The pair is currently placed near the daily low, around the 1.3370 region, and looks to extend the previous day's pullback from the weekly top. The price is still inside a Bearish channel in a strong downtrend...
We can see GBPAUD becoming range bound. The pair clearly found support at 1.748,as it has 4 times before. I am long here looking for a move back to around 1.82. A break up could open up 1.92 as the next extended target. Thanks, follow me for more.
GOLD continues it's a strong bullish rally today with a retracement on the previous support zone in confluence with the Fibonacci level of 61.8% Where the price seems ready to have a pullback in the up-side of the chart inside the bullish channel. We are Looking for a Long pullback.
EUR/USD inside a bullish channel today have a retracement after reaching a new higher yesterday. The price should have a pullback around the 50% and 61.8% Fibonacci levels before a new long impulse in the direction of the main trend. Our Forecast is about a growing value today.The RSI in Daily timeframe shows a Upper side.
Gold prices hover around eight-month highs, having stuck to a tight range in recent sessions as investors awaited more cues from a slew of economic data due this week, with a particular focus on any signs of a recession. Today the price is trying to find the right support where get the pullback before growing more. Our bias and forecast are about a new Bullish impulse.
A generally positive tone around the equity markets undermines the safe-haven Japanese Yen and lends some support to the USD/JPY pair. The USD/JPY is still inside a bearish channel in a strong rally where we can see today the price makes a bearish Flag after a pullback of area 129.000 Price may continue today to drop more and increase the value of the Yen.
GBP/USD continues its bullish momentum with a pullback on the 50% FIBONACCI retracement and the price is making Higher-highs and Higher-lows inside a raising channel where today the value may increase their value with a new impulse to the up-side. Today’s UK employment shows an Average Earnings Excluding Bonus increase from the last month and the pair can take...
GOLD price is still inside a Bullish rally where in the last hours the price made a Pullback on the 50%FIBO level where also a clue about the Divergence stochastic in the oversold area made our Idea more solid about a new long setup.
EUR/USD continues to grow inside a strong bullish channel where in the last hours the price makes a pullback on the previous 50% Fibonacci level and seems ready to have a new Push high. We are looking for a Long continuation.
GOLD: Following the decisive upsurge witnessed on Friday, the Gold prices started the new week on a bullish note and closed in positive territory on Monday and Tuesday. After staying relatively quiet on Wednesday, XAU/USD regained its traction and climbed above $1,900 for the first time in seven months ahead of the weekend, closing the fourth straight week in...
GBP/USD has booked the second straight week of 2023 in the green, as sellers refuse to give up on the United States Dollar (USD) amid dovish US Federal Reserve (Fed) expectations. Despite the recent hawkish commentary from the Federal Reserve policymakers, endorsing a peak rate in the range of 5%-5.25% to tame inflation, investors failed to pay any heed and...