XAUUSD Trading Idea for Upcoming Days. We'll wait for further movement and the final breakout either upside or downside.
US OIL Expecting Bearish for short term
GBPUSD we are expecting a short term bearish mood starting from @ 1.31850
EURGBP is now acting like Bull but it's a trap. We are going to short with a larger SL from 0.90600
We are expecting AUDUSD short from 0.72400 with a strong stop-loss at 0.73100 which is acting a primary resistance level created 7th November 2018. AUDUSD Entry @ 0.72400 SL 0.73100 TP1 0.71600 Tp2 0.70600
Strong Eur. weaker JPY. 50% pullback into the structure.
The EURCAD chart H4 time frame we see bullish momentum starting from 6th July and reached its recent high on 31st July near the price at 1.59780, then EUR losing it's bullish momentum and CAD start gaining against EUR. We also see on the H4 chart EURCAD just breakout its new critical support level at a price near 1.56580 8th August. We expect more down within a...
The AUD (Australian Dollar) was Bullish the last couple of days as the GOLD was higher too, and we all know about it that AUD & GOLD is related to each other if you are going to short AUDUSD you always have to keep an eye this two. As we see starting this week, GOLD is losing its bullish momentum, and these terms, we also see AUD is losing its Bullish run as well....
If you see the AUDCAD chart H4 time frame, we can see a new Head & Shoulder pattern, which is sharply braining out of the neckline. We are going short on this pair from the price 0.94800 with a stop loss at 0.95200, and our target level will be at 0.94200.
USDZAR we all know that it's another most volatility pair in Forex Market. AS we can see, the Dollar is trying to keep its Bullish momentum, but in our perspective, we believe before going further upside, we may see price retracement at this price 17.33000. We are going to short from 17.59000 with a stop loss of 17.78500, and the target zone is 17.33000. PS: ...
As we can see USDCAD make a sharp triangle and also we see the market price rejection on the downside too many times. Last one month plus USD was too against other base currency because of the different political issues but the technical analysis shows us what's gonna happen in near future. In my point of view, USDCAD will drop a few more pips for retest purpose...
As we can see GBPAUD sharply climbing upper side gradually. We see It's climbing with an uptrend channel. GBPAUD may slightly pullback downside as for correction at this level 1.77180 and then we may expect a Bull run as a destination of at this level 1.87330 if It could break the middle support 1.83430. We know that new year is coming and the market can react to...
Based on the multiple time price rejection on the upside I predict the below decision. Retrace Level at 14.13982 Brake Out Level at 14.02208 Target Level at 14.46250 Stop Loss Level at 14.00000