BUY CADJPY Target and stop loss on the chart
BUY GOLD after breaking 1313$ or after retesting the broken descending line near 1300$ placing your Stop Loss at 1285$ and Targeting 1350$ for Medium Term and 1400 for Long Term. Good luck
GBPUSD is testing the broken resistance and it might heads to 1.3400 through the coming weeks. check the related idea for medium term setup
Sell EURJPY Technical Reasons: 1- strong resistance at 200 MA on the weekly time frame 2- failed to break the range that contains pair's highs 3- rejecting from 61.8% on the 4h time frame Fundamental Reasons: 1- ECB government council may show their concerns towards EUR recent appreciation 2- risk aversion is supporting JPY 3- if the ECB disappoint...
BUY USDCAD if it break 1.2610 SL and TP1 and TP2 on the chart Goodluck
BUY NZDUSD Technical Reasons: 1- Positive divergence on MACD 2- Breaking the neck line would confirm the Head and Shoulders Pattern on 4H time frame 3- Breaking Resistance at 0.7335 supports the bullish outlook Fundamental Reasons: 1- USD is weak because of the Trump Decisions and FED concerns about weak inflation data which may enforce them to lower their...
Gold Failed to Break the resistance close to 1300$ which supports selling it now targeting 1255$ with SL at 1295$
The pair broke descending channel and it about to close above MA100 which paves the way to buy it next week if it holds above 0.7900 targeting 0.7940 then we will watch the dollar index to decide which way it will take later.
The Dollar index is bouncing from support zone 93/92.50 which indicates that we may witness a good recovery or reversal waves in some of the dollar pairs specially USDCAD, I recommend you to Buy the dollar if it holds above that zone after the weekly close. GoodLuck
BUY USDJPY >> Bouncing from ascending Trend line - USD is bouncing from very strong support zone on the weekly time frame and after the strong employment data. SL 109.50 TP1 112.50 TP2 114.00 Good luck and don't forget to check the related Ideas.
Sell Gold if it broke the rectangle and 100 MA targeting 1245$ Note: breaking the rectangle upward cancels the current view and supports the bullish outlook.
Sell GBPJPY SL 146.80 TP1 144.00 TP2 142.50 (wave C target)
The pair rejected from fibo 61.8% on the daily time frame and broke the descending trend line on 4H time frame you can buy now and place your Stop Loss under 110.50 and your Take Profit @ 114
AUDUSD has broken the upper line of the triangle pattern on the weekly Time Frame, I advise you to buy any retracement targeting 0.8150 on the medium term and if it consolidate above that level it will head to 0.8650. Stop Loss should be placed under the resistance zone (the red area)
BUY GBPAUD if it broke the neckline of reversed H&S Targeting 1.6620 cancel the order if it rejected from the current resistance GoodLuck
this is a long term buy setup, buy the entrancement or retest of the upper line of the triangle, targeting 1.3400
Buy GBPJPY after a bullish candle formation on 4H chart, stop and target on the chart, GoodLuck.