US releases employment data tomorrow at 8:30 am eastern. Expecting the news release to weaken the dollar against a strengthening Yen causing a spike downward. I have based my analysis on the last time USDJPY saw these prices in late August of this year. Sell Entry: 135.000 Targets: 134.800 | 134.000 | 134.000 | 133.650 | 133.200 | 132.750 | 132.400 ...
US releases employment data tomorrow at 8:30 am eastern. Expecting the news release to weaken the dollar which would cause a spike up in price. I have based my analysis on the last time Gold saw these prices in July of this year. Buy Entry: 1804.00 Targets: 1812.00 | 1817.00 | 1820.00 | 1825.00 | 1828.00 | 1832.00 | 1835.00 Resistance: 1840.00 Be sure to...
Expecting Gold to make a bull move after the USD Consumer Credit data release this afternoon. I have based my analysis on the last time Gold saw current price points in July of this year. Buy Entry: 1788.00 Targets: 1792.50 | 1795.00 | 1798.00 | 1800.00 | 1803.00 | 1806.00 | 1809.00 | 1811.50 | 1814.50 | 1817.00 | 1820.00 | 1822.50 Resistance: 1825.00 Be...
Expecting UJ to continue short after a drop this morning due to the USD Revised Labor announcement. The USD Consumer Credit data release this afternoon could spark more bearish movement. Sell Entry: 136.300 Targets: 136.070 | 135.840 | 135.640 | 135.400 | 135.050 | 134.860 | 134.640 | 134.300 | 134.060 Support: 133.760 Be sure to like this and tell me what...
Since the rumored BOJ intervention at price 152.000 , USDJPY has struggled to continue bullish movement and has only pushed further downward. The market seems to be flipping over into a bear after constant movement upward since March of this year starting at price 115.000 , to the yearly high of 152.000 in October. MA's are currently converging which is a...
The BOJ is releasing Core CPI data in about 2 hours, and I am expecting it to have a bearish affect on price after seeing a nice rise on Sunday's market opening. May not see push down until London and US sessions. There is a nice MA converge here signaling movement ahead. Entry: 141.300 Targets: 141.135 | 140.850 | 140.700 | 140.540 | 140.250 | 140.025 |...
XAUUSD has had a bearish year, starting off strongly at the top of the year with prices over $2000 all the way down to the high 1600s at certain periods of time. Gold has slowly but surely been regaining its value, and I expect the upward momentum to continue. I have based my analysis on the last time we saw current price points in August 2022. Buy Entry: ...
Looking at a short-term buy idea starting at about 148.800 . Based on the chart trends and the most recent BOJ intervention price drop, there is a high-chance of rejection after 149.400 . Buy Entry: 148.800 Targets: 149.000 | 149.250 | 149.400 Resistance: 149.700 Be sure to like this post and let me know what you think in the comments below.
Expecting Gold to continue to shoot up against a weakening dollar, although we may some retracement first to satisfy the latest bull run. I have based my analysis on the last time Gold saw current prices around October 10th. Sell Entry: 1674.00 Targets: 1676.00 | 1678.50 | 1681.50 | 1684.00 | 1689.50 Resistance: 1691.50 Be sure to like this post and comment below!
Last Friday, USDJPY saw a lot of volatile movement after reaching the unexpected high of 152.950 before doing a steep drop down to 145.500. Most suspect BOJ intervention yet again but it hasn't been confirmed. The last time the BOJ intervened against the strengthening dollar the pairing only saw a drop for a short period before shooting back up to new highs. Will...
USDJPY finally saw a nice break up after ranging between the prices of 144.000 to 145.800 for about 3 weeks. Friday's CPI and unemployment data release triggered the pairing to push up past 147.000 and I expect the bullish momentum to continue, the dollar is strong. I have based my analysis on the last time UJ saw these prices in May 1990. If the price can...
Expecting to see XAUUSD fall to support price 1616.00 by the end of the week. The dollar remains strong causing the price of Gold to continue to drop. I have based my analysis on the last time Gold saw these price points around the end of September. We can see MA crosses back then around the same price that we see them now before the price dropped. Sell...
The resistance price on my last post of 1686.00 has been met! I am expecting XAUUSD to continue long based on current chart movement. My analysis is based on the last time Gold reached these price points during the second week of September. Entry: 1692.50 Targets: 1696.00 | 1697.50 | 1701.00 | 1703.50 | 1706.50 Resistance: 1709.50 Be sure to like...
Expecting XAUUSD to continue pushing up against the weakening dollar. after some steep price drops the past couple of weeks. I am short-term bullish at the moment, there is some correction due. Buy Entry: 1657.00 Targets: 1661.50 | 1667.50 | 1670.00 | 1674.00 | 1678.00 | 1682.00 Resistance: 1686.00 Be sure to like this post and let me know what you think...
USDJPY formed a resistance at price 144.900 and has not been able to push up past it onto 145.000+ . I am expecting a deep move down now, unless the resistance price can be broken. Sell Entry: 144.000 Major Targets: 143.530 | 143.120 | 142.550 | 142.025 | 141.740 | 141.250 Support: 140.660 Be sure to like this post and let me know what you think in the...
The Dollar has already surpassed highs last seen in the late 2000s, and I am expecting a continuation of the bull trend if the price can break certain levels. I have based my analysis on September - Nov 2000 charts. The last time DXY saw current strength levels. Entry: 113.700 Targets: 114.800 | 115.900 | 116.600 Resistance: 117.000 A break of resistance...
Expecting gold to continue pushing downward based on last week's chart movement and the hourly chart trend. I have based my analysis on the last time Gold saw these prices around March 2020. Sell Entry: 1640.00 Targets: 1637.00 | 1634.00 | 1631.00 | 1626.50 | 1619.50 | 1616.00 | 1610.50 Support: 1606.00 If the price drops below support we may see prices go...
Expecting USDJPY to continue long for the immediate short-term. Targets up to approximately 143.480 were met on the last chart. Targets are pretty much the same on continuation Buy Entry: 143.520 Targets: 143.865 | 144.060 | 144.400 | 144.800 | 145.400 |145.660 Resistance: 145.900 If price reaches resistance we will see if the pairing will break...