– Thursday Daily candle is 2nd Daily candle closing Doji Bearish for this week, leaving 140 pip rejection wick to the downside as price retrace back into recent 4h Consolidation Zone. I’ll be looking for potential Buys above 2039.000 targeting 4h Rejection formed on Wednesday during New York Stock Exchange session (2044.800) and 1h previous Support formed on...
– Thursday Daily candle closed strong Bullish breaking above recent Daily Range (Consolidation), Respecting Daily Support formed on Wednesday. I’ll be looking for potential Buys above 188.490 targeting 4h Resistance (188.790) and previous Weekly Support formed on 13th July 2015 around (189.320). I’ll be looking for potential Sells below 187.940 targeting 4h...
– Wednesday Daily candle closed Doji Bearish around 2035.000 rejecting 2045 area on Daily timeframe, I’ll be looking for potential Buys above 2042.500 targeting Weekly Resistance (2049.200) and Daily Resistance (2055.200). I’ll be looking for potential Sells below 2030.700 targeting Daily Support (2025.000) and Weekly Support (2018.500). Overall price ranged on...
– Wednesday Daily candle closed Bullish forming Daily Support at 186.300 but price have ranged on the hourly timeframe. I’ll be looking for potential Buys above 187.220 targeting two 4h Supports levels (187.500) and (187.880). I’ll be looking for potential Sells below 186.690 targeting Wednesday Daily Support (186.300) and 1h previous Resistance formed on 1st...
– Tuesday Daily candle closed Bullish forming Daily Support around 2025.000. I’ll be looking for potential Buys above 2040.300 targeting 30min previous Support (2046.300) and 1h previous Resistance held on Friday last week prior to NFP News release around 2052.800. I’ll be looking for potential Sells below 2032.200 targeting Tuesday Daily Support for a potential...
– Tuesday Daily candle closed Doji Bullish as price ranged overall across the 3 sessions, I’ll be looking for potential Buys above 186.700 targeting recent 1h Support (187.020) and 1h Resistance (187.400). I’ll be looking for potential Sells below 186.140 targeting two recent 4h Supports at (185.650) and (185.230), The Analysis for sells have remained exactly the...
– Monday Daily candle closed Bearish respecting Daily Resistance formed on Friday 2nd February around 2055s. I’ll be looking for potential Buys above 2029.700 targeting recent 1h Resistance (2038.100) and previous Weekly Support formed last month January at (2045.500). I’ll be looking for potential Sells below 2016.100 targeting recent 4h Support (2009.100)...
– Tuesday Daily candle closed Bearish below recent Daily Support formed Thursday 1st February and forming Daily Resistance at 187.080. I’ll be looking for potential Buys above 186.600 targeting recent 30min Resistance (186.970) and 1h Resistance (187.400). I’ll be looking for potential Sells below 186.140 targeting two recent 4h Supports at (185.650) and...
– Previous Weekly candle closed Bullish rejecting 2 recent Weekly Resistances (2049s) and (2063s) and forming new Weekly Support just below 2020s, Friday Daily candle closed Bearish forming Resistance at 2055s. – One thing I find interesting on Daily timeframe is how Friday daily candle tapped into previous Daily Resistance held around 2030s then rejected and...
– Previous Weekly candle closed weak Bearish forming weak Weekly Resistance leaving over 210 pip rejection wick to the downside as Daily candle for Friday closes Bullish. I’ll be looking for potential Buys above 187.860 to retest recent Weekly Resistance (188.150) and 1h Resistance (188.450). I’ll be looking for potential Sells below 186.950 targeting recent 1h...
– Thursday Daily candle closed strong Bullish at 2055.200 within Daily Resistance formed on Tuesday 16th January 2024, As per the Analysis posted yesterday (XAUUSD 01.02.2024 1h chart) the Buys played out exactly as anticipated. For Friday we have High Impact News event for the US Dollar. I’ll be looking for potential Buys above 2060.800 targeting 2066.200 for...
– Thursday Daily candle closed Bullish at 186.540 forming Daily Support at 186.350 and leaving over 100 Pip Rejection wick to the downside. I’ll be looking for potential Buys above 186.700 for price to retest the broken Daily Support Range (187.400) and the 4h Resistance (187.830). I’ll be looking for potential Sells below 186.270 targeting recent previous Hourly...
– Wednesday Daily candle closed small Bullish rejecting 2055 level where Daily Resistance has been formed on Tuesday 16th January 2024. Despite Daily candle closing weak Bullish there is still a probability for price to fill the rejection and retest Daily Resistance if new Daily candle holds support above 2030s. I’ll be looking for potential Buys above 2044.900...
– Wednesday Daily candle closed strong Bearish correcting the clean Daily candle formed on 17th January and breaking out of the recent Daily Range, I’ll be looking for potential Buys above 186.700 for price to retest the broken Daily Support Range (187.400) and the 4h Resistance (187.890). I’ll be looking for potential sells below 185.950 targeting Hourly Support...
– Tuesday Daily candle retested strong Key Level of 2050s exactly as mentioned on the previous analysis posted for Tuesday, Daily has rejected that level and closed small Bullish. I’ll be looking for potential Buys above 2039.500 targeting recent Hourly Resistance (2046.700) and Daily Resistance formed on 16th January 2024. I’ll be looking for potential Sells...
– Sells played out well on the Tuesday session as anticipated but the Daily closed Doji Bullish with an 85 pip rejection wick to the downside. I’ll be looking for potential Buys above 187.520 as price breaks above Tuesday Daily High targeting 4h Resistance around 188.230. I’ll be looking for potential Sells below 187.080 targeting 30min previous Resistance formed...
– Previous Daily candle closed Bullish around 2032.600 above recent Daily Resistance, forming new Daily Support around 2018.600. – Buys on close above 2037.200 targeting 4h previous Support formed on 12th January 2024 around 2044.200, Leaving Runners to the 1h Resistance formed on 16th January 2024 around 2051.200. – Sells on close below 2024.800 targeting Daily...
– Previous Daily candle closed Bearish around 187.380 breaking below recent Daily Support and forming new Daily Resistance around 188.100. – Buys on close above 187.560 targeting 1h Resistance formed around 187.920, Leaving Runners to the 4h Resistance formed around 188.230. – Sells on close below 187.100 targeting 1h previous Resistance formed on 1st December...