Mandeep.Singh

Mandeep.Singh Updated 

Monthly Strong month starting the year of 2018 - January looks good to breach and close above 1.2400 forming multi year highs. Weekly Last week we saw a strong bullish close above 1.2400. This week, price may mange to stay above this level and sustain 1.2400 as key support. EMAs upward facing. Daily After a pullback and reaction against 1.2400, price has...

Mandeep.Singh Updated 

Monthly We saw a strong bearish candle last month which rebounded off our EMAs. The overall formation was an evening star rejecting 1.2800 and therefore giving us an overall downward bias. Weekly We've seen some bearish activity over the last few weeks. We've broken 1.2500 successfully and retested this area as well as our weekly EMAs. Daily Although last...

Mandeep.Singh Updated 

Monthly From a monthly perspective, we saw a huge reversal off 1250 per OZ and a close above 1300 last month. This also respected our EMA and I believe we are coming back up yo test 1350 again. Weekly Last week we a had a strong bullish close with a recently crossover of EMAs back to to the upside. There could possibly be a deeper pullback down to 1300 but...

Mandeep.Singh Updated 

Monthly Last month we had a strong bullish close above 1.1925 after a huge retest zone pulling us back to our EMAs. This month, we've tested the same critical area and rejected it with a long wick. Gernerally, this pair has been bullish since Jan 2017 and as we approached the end of 2018, we saw price reacting and pulling back. Weekly Last week we saw a...

Mandeep.Singh Updated 

Monthly As per my previous trade - although it hit my stop, I still maintain a bearish outlook for this pair. The last 2 months have spiked and rejected 150.00 and this month we are seeing the same. The EMAs are ever closer to crossing over - I feel we might be able to see this by the end of 2017. Weekly Last week price pulled back with a strong bearish candle...

Mandeep.Singh Updated 

Monthly Huge bullish candle last month - this month we've pulled back after rejection 1.3500 due to some news released. Ultimately however, I feel this pair will continue to strengthen as it has done since the brexit dump. EMAs are also covering closer together. Weekly Last week we saw rejections pushing us down towards our EMAs are dynamic areas of support....

Mandeep.Singh Updated 

Monthly From a monthly perspective, sterling has been climbing back up after the Brexit dump. September was a huge bullish engulfing and the last 2 months have both rejected 150.00 after 2 retest attempts. Furthermore, the EMAs are very close to crossing over for the first time since Februay 2016 - this will most likely occur by the end of 2017. Weekly The...

Mandeep.Singh Updated 

Monthly From a monthly perspective, we have seen much strength in the sterling. Fundamentals have also contributed to the upward momentum of this par. Last month we closed firming above 1.7500 after retested and rejected 1.7250 and 1.7000. Our EMAs are converging and getting closer to a potential crossover for the first time since June 2016. Weekly The...

Mandeep.Singh Updated 

Monthly From a monthly perspective, we did reject 1300 per oz last last month and we came back down to test the EMAs. This month it is clear that they have been respected as dynamic areas of support. Weekly From a weekly perspective, the trend is clear - higher lows and higher highs. Last week we had a strong weekly closer above our EMAs showing some...

Mandeep.Singh Updated 

Monthly As we near the end of this month, we can see that although previous months have been bullish, a rejection of 150.00 can be observed. As news around the sterling hasn't helped - we can probably see some more weakness. Weekly There were a few attempts to breach 150.00 but all met failure. Last week we experienced a bearish week with our candle closing...

Mandeep.Singh

Monthly As this month nears the close, we can clearly observe downward momentum. Last month was very bearish and as our EMAs converge closer together, this month's candle has sustained below both EMAs signalling further downside momentum. Weekly Last week we rejected 0.7575 forming a pullback after the previous weeks of bearish momentum. This week I hope to...

Mandeep.Singh Updated 

Monthly The last 3 months have been significantly bearish with rejections from 0.8100 and 0.7925. Last month we successfully breached and closed below 0.7750 as well as our MAs. Weekly Again, clear bearish activity in the last couple of weeks - price rejected a key daily area last week and we've also had an MA crossover. Daily There has been clear lower...

Mandeep.Singh Updated 

Monthly On a monthly perspective, we are clearly in favour of upward momentum. MAs are facing up and last month we closed above 132.00 This monthly has have tested the same level and rejected it with a spike. Weekly Price pulled back over the last few weeks to 132.00 now acting as firm support - it did not successfully close below this point. Last week we had...

Mandeep.Singh

Monthly A clear bullish break and close above 132.00 key area of monthly resistance now turned support. This month so far, we have tested this area again but rejected it so far with a pin. MAs are facing the upside. Weekly Clear higher highs and higher lows with strong bullish price action tapping off the weekly resistance area of 134.00. As price tapped this...

Mandeep.Singh

Monthly A bullish engulfing candle last month taking out 2 months of prior bearish price action. We also firmly closed above weekly area of 1.6750 and our blue MA. Weekly MAs very close to crossing over to the upside - we saw pullbacks last week but ultimately I belive we will be heading higher. Daily Higher highs and higher lows supporting our uptrend...

Mandeep.Singh Updated 

Monthly This month as been very bullish with a lot of momentum behind it. If we close to in a similar fashion to the candlestick as it looks today - this would be a bullish engulfing taking out 2 months worth of prior bearish price action. We have also breached the our blue MA. Weekly We've produced a new higher swing low on this TF and 2 weeks ago we had huge...

Mandeep.Singh Updated 

Monthly As we near the end of September, we have clearly rejected 1.1925 with a possible doji/shooting star depending on Friday's close. Last month we also attempted to breach this area but failed to do so forming a doji indicating indecision. Weekly 2 weeks ago, price formed a hanging man candlestick - supporting a reversal to the downside. Last week we also...

Mandeep.Singh

Monthly From a monthly perspective, July produced a strong bullish candle which took this pair above 0.7750 - a difficult resistance barrier to at the time. August tested 0.7925 weekly area and rejected it making turning it into support. We did come up earlier this month to test 0.8100 which is another critical key level. At the moment, it is difficult to tell...