Gold is doing some correction now.
We can expect price to reach around 1821.
Once price enter the area of demand, we can expect price to shoot up if there's bullish engulfing is formed by then. let's just monitor for now...
Triple Top Formed. Last week price movement has confirmed that trend is on a selling bias now. Price may do some correction to the level at 1.29466. Can expect price to reach 1.23016 level and show some bounce off.
FX:USDCAD
Price has rallied to weekly resistance. Expecting price to reverse, although now there isn't any sign, based on history, at this price, price will go down. If price broke 114.600, trend continuation confirm.
FX:USDJPY
Price is currently retesting previous support turn resistance before going down lower. Weekly chart show selling bias, Daily chart show double top + H&S pattern. Super bias towards selling.
FX:EURUSD
Last week Nasdaq showed price rejection at previous area of demand (Weekly). This week it rallied and close higher. Drop-Base-rally formed on weekly chart, trend reversal confirm only after it breaks 15412 level. Price will continue to rally for the week and if it did broke 15412 level we can expect price to reach 15600 level.
Last week Nasdaq showed price rejection at previous area of demand (Weekly). This week it rallied and close higher. Drop-Base-rally formed on weekly chart, trend reversal confirm only after it breaks 15412 level. Price will continue to rally for the week and if it did broke 15412 level we can expect price to reach 15600 level.
Massive bull run on 13 Oct, shot down by bears on 15 Oct, Friday.
Showed a clear sign of price rejection on weekly time frame.
Expectation for the week: Price to drive up to 1780 before breaking 1765 level. Price to meet 1758 level by end of week.
OANDA:NAS100USD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let...
FOREXCOM:XAUUSD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let...
OANDA:NAS100USD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let...
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you...
