Mudza

Mudza Updated 

Analysis for XAUUSD or Gold pairs, is currently forming an uptrend channel in the H4 timeframe. The price has tried many times to the Fibonacci 50 and 61.8 zone but has failed 3 times, in the price action rule the zone that is mostly tried to break tends to be a weak zone and makes it easier to break the next opportunity if the price returns to the zone. Entry...

Mudza Updated 

Analysis of the GBPUSD pair, after successfully breaking out of the consolidation zone for quite a long time the pair was quite aggressive showed a strong uptrend trend, plus news factors about the victory of Borris Johnson in the election in the UK. But to be able to resume the increase it seems GBPUSD needs to "breathe" deeper (correction) and start showing...

Mudza Updated 

Analysis for the EURUSD pair, the Euro is still stuck in the supply zone on the daily timeframe and has not been able to break the supply zone and there is a strong enough rejection in the zone so that it makes a "shooting star" candlestick on the daily timeframe. We can have the opportunity of the candle to "sell" position if there is a retracement to the supply...