It will continue to fall great oportunities shorting equaties like nasdaq, s&p500, DOW jones
im expecting gold to keep dropping towards support as the dollar gains strength as bets come in in positive outcomes tomorrow morning for the us dollar as we have some events at 8:30 am 08:30 USD Average Hourly Earnings (YoY) (YoY) (Jul) 08:30 USD Average Hourly Earnings (MoM) (Jul) 08:30 USD Average Weekly Hours (Jul) 08:30 USD ...
Massive fall after powels rate cut decision, but i felt like it was just noise in the market. We rejected support of 7809 and quickly gained strength overnight, i expect to recover and aim towards previous support that is now resistance at 7918
I expect to keep up our downtrend, on friday we were on a retest of our support zone of 1.3243, if we manage to break it or open below our level i expect to keep retracing my setup down to main key level of support of 1.3159.
Canadian dollar with a very strong recovery all buying pressure on resistance of 1.31671 even though its a strong recovery we havent broke resistance yet. Keep your eyes open in this pair we might have enough strenth to break or fail and drop. Since support has been tested multiple times, we might have a chance to drop. The more is tested the weaker ir gets. We...
We are still under consolidation currently testing our support area around 1.31280. The more we retest support, the weaker it becomes, sooner or later im expecting a bearish breakout, keep eyes on.
Two possible senarious here, i expect to retest our level of resistance of 79.56 before we drop, or, not find enough strength and drop from where we are now. Whatch the momentum and behaviour of the candles
Patiencely waiting for a signal to sell USD/JPY as i expect for it to keep rejecting our resistance of 108.289 before we decend towards support of 107.801 keep watching your candle sticks
Looks like last night we were able to break our resistance level of 0.98448 and i expect to drop below our resistance as there is a bearish shooting star forming and higher prices are getting weaker. If we are able to drop, i expect to come up and retest our resistance and acending or break support of 0.98371 before decending further down.
It looks like we have retested our resistance level of 0.98371 three times but failed to break it. i expect to drop back down to support of 0.9806. Im currently waiting for the shooting star candle stick pattern to close before placing a trade.
We been on a nice bearish channel breaking our main key level of support of 107.621 dropping all the way to test our lower support of 107.264 than swinging back and we left of at 107.689 with a bearish shooting star. I expect to next week to keep its bearish momentum all the way to 107.264.
USD/JPY started a new downtrend respecting our trend line we broke our main key level of support than reversed back to retest 107.355 that has now converted to our resistance level.i expect the market to do our A,B,C pattern before it drops to 106.799 which is our next key level of support. As always watch your candle stick and price action patters.
looks like we been on a solid downtrend. Friday we broke our level of support of 0.98348 that now has converted into our resistance. I expect to keep dropping towards 0.97392 where it will find support and than rebound to retest resistance before we break our new level of support. Im staying short bias remember to watch you candle stick patterns.
All right GBP/USD we are on a solid bearish trend on our latest lower high we broke the trend but did not break resistance currently sitting at 1.25829. I will expect to drop to either re-test our support of 1.23942 or break it for a even lower low. I stay berisg for this pair.
All right guys, since yesterday the market did exactly what i said it would do. We are still in our consolidation channel retesting our level of resistance and our level of support i expect to keep restesting it on sunday opening we will see the bullish swing upwards towards out main key level of resistance sitting at 1.12795.
Nice bearish channel since the end of june. We broke a key level of supoort of 1.4755 i expect as us dollar is weak to keep dropping to our nexr main key level of support sitting at 1.4620. I will keep my bearish bias. Keep in mind to always watch your candle stick patterns!
Looks like we have broke our major up trend and our major key level of support of 0.98348. I expect to keep droping to retest our lower level of support at 0.97392 OR bounce back and retest previous supoort that has now became our resistance level. Keep watching you candle sticks patterns for possible trades