- EURUSD rejected 1.1422 short term top. Initial bias stays on the downside this week to reach 1st support of 38.2% retracement at 1.11250. - In the bigger picture, as long as 1.1496 area holds as a resistance, the whole downtrend from 1.2555 (2018 high) should still be in progress. The next target is 1.0339 (2017 low). However, a sustained break of 1.1496 level,...
- On Friday, the index was trading a little flat against a basket of major currencies, particularly the Euro. Traders are also awaiting news from a European Union online summit, where Germany and France are trying to swing other members behind them on a joint EU rescue fund. - The primary trend is down according to the daily swing chart; however, momentum is...
EURAUD 4H analysis Possible Bounce to upside in this area
XAUEUR 4h analysis Looking for a bearish movement to next possible support area
AUDNZD 1H Analysis Short Term Bearish Movement expected
XAUUSD GOLD 1H Analysis GOLD XAUUSD Bearish Outlook
AUDUSD need to see that stronger break to the downside before taking the decision otherwise it could start a move to upside. don't rush ,be patience ***Comment your thoughts down below!
USDCAD as soon as you see a break below trend line consider a continuation move to downside ***Comment your thoughts down below!
USDCHF as far as we are holding above the trend line keep buying until we reach the levels up,as far as the trendline is not broken keep buying those dips and look for continuation ,if we see a strong break below that trendline then we considered the situation as a possible continuation lower but not only a break, you need to see a break.. you need to see a...
NZDUSD on daily timeframe we see that we have a nice break we have a retest and there is a potential continuation to the downside but we need to follow that on the lower timeframe so on the lower timeframe we look at the 4-hour and we have a nice reversal top after the up move to then fail to make new highs start making lower lows and lower highs so it is topping...
USDJPY been in a consolidation, nothing will be changed until we see a break out of this little range so what I'm looking for next week ,if we're gonna break higher once again ,if that would be the case then we look for a continuation move up, at the moment it is trading the structure area a key level of resistance 108.50 been a resistance for and support area...
GBPUSD we had a boring week for the long term traders but nice good range for the scalpers If GU failed to break back inside the range there is a possibility that we see another return toward this area,1.2100 it could be a possible support area for next week .so if that doesn't hold then the next support will be neckline 1.8700. ***Comment your thoughts down...
EURUSD as you see on Daily chart we had very wide moves so first we had a higher high then we got a lower low and then the price went back inside sup and res. the question is are we gonna keep pushing to the downside or there will be some some kind of support ,what we could say here that our last move was a lower low and now we've got a lower high.so a lower low...
gold still going sideways ,been a very boring last week, a couple of weeks actually ,on gold not much is happening and I'm still having the same idea,last week we saw that the range was very very narrow and it was untradable so the market broke lower retested and put another low but there was no continuation to the downside so we saw the price pushing back up ,all...
USOIL each and every time gonna reach this 20 level gonna be an important support area and we had a nice bounce from that level ,I mean 20's is a very old good number we need to go back all the way toward areas around 2001 to see such a price level so that's why it was a critical area here so BUY each and every dip toward this area because the risk and reward is...
Dxy chart looking at the daily it is a pretty tricky one here because last week we had a break to the downside and we have a break to the up side and a very very wide move, so this move to the downside and what happened was we're gonna see if this is a correction and continuation or if this was the impulse, And as we can see on the daily timeframe, Dxy did close...