ERUDITE_88

ERUDITE_88

Hello Traders, Great Day! Look what we have found on the EURUSD chart. Is the Gartley Pattern gonna work like magic? Watch out for latest news. Wish can go long from $1.06000 till $1.1000 (the EURUSD favorite marque). What do you all think?

ERUDITE_88 Updated 

For Forex Traders, the US30 plays a vital role in determining US Dollar health and other commodities and related pairs. Last week, we have seen some tumble towards $38,000 and amid of Middle-East Tension, the stocks might not perform well due to sentiments. This was clearly (Bearish Long Candles) seen as more traders with big volume are moving down the price. We...

ERUDITE_88 Updated 

Hello Traders! In our previous post, we have gone thorough the analysis of $TVC:GOLD. As expected it has reached the target of $2250 and surpassed the level now. And with Fed Reserve rate cut news is circulating in our feeds, the Gold and Silver together has seen some surges. While the market sentiment is telling us to go long now but will it touch $2350?

ERUDITE_88 Updated 

Hello traders, its been a week since we posted new plan. Our USD INDEX view before upcoming NFP news. Noticed the price is trying to rest at 38.2%. Assume the NFP results strong comeback, the Greenback may travel till 105.50. This may form our favorite pattern. Let See!. Leave your comment below

ERUDITE_88 Updated 

You may have seen our last update on USDJPY. An insight most traders don't know, USDJPY is negatively corelated to XAUUSD. (Since GOLD +corelated =Yen). Hence our weekly analysis of GOLD may go long until our Upside Extension level 161.8%. WHAT DO YOU THINK?

ERUDITE_88 Updated 

The H4 Analysis in Ascending Parallel Channel. Should the market break below 159.50?

ERUDITE_88 Updated 

The USDCHF failed to continue swing lows and formed Non-Swing Failure pattern. The price has break the SBR level CHF0.8700 and trying to retest again. If all goes well, we can look for buying opportunity at CHF0.8700 and target CHF 0.9000 Feel free to comment your opinion.

ERUDITE_88 Updated 

Hello Traders, This is our view for NZDUSD this morning. The overall trend for this KIWIGREENBACK is still going down. Hence, we are only looking of for selling opportunity. The price is making retest at previous order block which hinting us. And the last candle formation is almost like a Dark Cloud Cover. Comment your thoughts on this? www.tradingview.com

ERUDITE_88 Updated 

The price seems making Higher Lows but RSI indicator shows indication of Bullish Divergence. Shall the price travel above $1.0600?

ERUDITE_88 Updated 

After the long consolidation move, the price has travel up to hunt all the sellers. We believe the trading volume achieved by the market makers. Target $1.2600 OANDA:GBPUSD

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Our view on USDJPY is eyeing for long term short or at least to previous support. After BOJ announced to end its easing while FED no indication to raise the interest rate in near time, we felt our Technical Analysis has popped out at right time. Short below OANDA:USDJPY 152.00 to next 149.00 and further down to 147.500

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Awaiting for PPI release next days, the USD may strengthen based on CPI release yesterday. We shall see a rejection at 152.00 level or spike up to 154.00 before comes down. What do you think?

ERUDITE_88 Updated 

With CPI news is close, Should the dollar be weaken? Technical Perspective

ERUDITE_88 Updated 

Awaited $2020 support was broken last Friday. And according to our analysis the Yellow Bar slightly might be coming down to test $1975 level before goes up again. Whoever support this comment or think our idea is same as yours?

ERUDITE_88

Good Day Traders Out there, Came across different ideas from traders and group which indicating EURUSD will come down. Well here is our presentation of EURUSD. I am unsure if posted of our weekly EURUSD analysis of comprising chart pattern. This predicted move in Daily realigning with that too. Target Price $1.1200 and further up $1.1400 Leave some comment below

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Do the US Dollar going to weak again? The investors may have chosen securing the GOLD due to the war at Red Sea, it significantly effect the performance of USD. Lets wait and watch.

ERUDITE_88

The commodity market still haven't break the parallel channel (Ascending). We assume the price might test new high with the upside extension .

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The price has break the previos strong support level at $2050. Expecting the price will retest the fibonacci 78.6% or test the trendline today 9am (New York Time) after NFP release.