UnitedFX

UnitedFX

TVC:USOIL Crude oil is now trading only in the rising channel and tested to recently resistance 58.3. OPEC’s core group and Russia appear to have consensus on deeper production cuts ahead of two days of meetings in Vienna on Thursday and Friday, according to RBC commodities strategist Helima Croft. Analysts await the arrival of Russia’s oil minister to...

UnitedFX

XAUUSD EMA 50/200 Trading Setup Long Setup 1. 50 EMA above 200 EMA 2. Close and entire bar below 50 EMA 3. Wait for Bullish Signal below EMA 50 and near EMA 200 4. Trade long after signal confirmation Short Setup 1.50 EMA below 200 EMA 2.Close and entire bar above 50 EMA 3.Wait for Bearish Signal above EMA 50 and near EMA 200 4.Trade short...

UnitedFX

GBPUSD bounce off two month lows and waiting for BOE announcement. (Reuters) - British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday. If BOE would rescue the British Pound, GBPUSD will push highr to...

UnitedFX

GBPUSD GBPUSD bounce off two month lows and waiting for BOE announcement. (Reuters) - British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday. If BOE would rescue the British Pound, GBPUSD will push...

UnitedFX

OANDA:XAUUSD Gold can retrace to red area (1225) of pitchfork upper way and headwind to green area (1180) of middle way. Metal traders will also monitor to trade war between U.S and China. TVC:US10Y U.S Dollar also may be stronger as U.S 10 Years Yield breakout from monthly regression channel resistance. FX:EURUSD Euro has more bearish as breakdown from...

UnitedFX

Aussie dollar more weaker due to commodities loss as trade war tension. The market have to prepare risk off position and seeking to safe assets such as U.S Treasury Bonds, CHF and JPY. FX:AUDJPY have reached prior high since December 2017 and reject from it. My moving average strategy based on volume profile that will start to work for target (2000 ticks/ 200...

UnitedFX

OANDA:XAUUSD Gold can retrace to 1300 as new uncertainty about trade tensions between the U.S. and China and the possibility that the summit between President Donald Trump and North Korean leader Kim Jong Un may be delayed. After retrace and retest of resistance zone of my volume profile (1300), XAUUSD should be down to 1275 . OANDA:XAUUSD Place Sell Limit @...

UnitedFX

OANDA:XAUUSD A flag pattern has formed after prices decline sharply and tend to breakout this pattern. Gold trading lower as Dollar strength after sideways. Price may be go down to 1280 where high volume traded in November, 2017. This level is the pole distance from bottom line of flag pattern. If the pattern breakout fallen with high volume; OANDA:XAUUSD ...

UnitedFX

FX:USDJPY USDJPY retreat from 2 month high ahead of U.S Jobs Report on Friday. USD/JPY traded @109.163 with high volume and climbed up tp 110.03 as expectation of FED rate hikes in June. However, USD/JPY have thin trade @110.03 with low volumes and reject from this level as SP:SPX Futures report losses. USD/JPY highle correlated to SP:SPX and DJ:DJI . ...

UnitedFX

FX:CADJPY I see a breakout, price to go up POC level (88.4). CADJPY traded at 85.00 level with high volumes but price unlikely to pullback from high volume nodes (HVNs) @85.00. Bank of Canada will be warranted rate hike over time and its' next scheduled announcement is set for May 30. FX:USDJPY The YEN under pressure as Dollar strengthen and FED rate hike...

UnitedFX

FX:CADJPY I see a breakout, price to go up POC level@88.40 of value area. CADJPY traded at 85.00 level with high volumes, but price unlikely to pullback from high volume nodes (HVNs) level @ 85.00. Bank of Canada will be warranted rate hike over time and next scheduled announcement is set for May 30. FX:USDJPY bullish trend will remain as dollar...

UnitedFX

FX:GBPAUD reached post-referendum highs (resistance zone) with high volume nodes(HVNs) in daily chart. Price retest to this level and reject from high volume nodes. GBP/AUD may be fall to value area high(VAH) form resistance zone. GBP/AUD has supported from this zone on April 2016 and then sharply fall and breakdown this zone in Brexit referendum. The Pound...