alex_muchai

alex_muchai

XAUUSD uptrend to 1794, keeping a close eye for a jump to the upside

alex_muchai

looking for a sell for now

alex_muchai

usdzar just hit what was a resistance level now forming a support level hoping that now it will continue to rise to fib level 0.618

alex_muchai

anticipating a breakout, patience is the game

alex_muchai

let me know your thoughts on the comment section

alex_muchai

Last week the pair was pretty strong, and even broke some support levels, but seems the buying threshold has been met something like that , the buyers are lossing strength. So this week i will be expecting a good bearish trend for this pair but also expect some pillbacks. Have a profitable week traders

alex_muchai

The pair has just hit a major support on the 1H chart and right now we can see a bearish trend, which i hope it will keep getting stronger. Have a profitable day traders

alex_muchai

Below is what im anticipating on EURGBP pair

alex_muchai

Bullish trend analysis on XAUUSD

alex_muchai

Some analysis of what to expect on Gold

alex_muchai

The pair hit the resistance area and did not break, now we see a bearish trend and also there's an ascending triangle, which i see the price breaking this level and forming a strong bearish trend. join my telegram channel t.me/frostchartanalysis

alex_muchai

GOLD has been trapped in some sort of a triangle and seems it wont be breaking soon, right now it has hit the resistance area and my expectations is that it bounces to the topside

alex_muchai

Hey guys i just wanna say that i base my analysis on price action and its what i see its the same thing i analyse, i maybe wrong i maybe right and y'all know how the market can be so some workout others go wrong, we learn through our mistake or so i heard. To The Analysis Looking at the charts GBPCHF just hit a support level so we'll expect abounce to the...

alex_muchai

as seen on the support level the price has hit it like 3 times now, expectations is that it continues on a bullish trend and break the resistance area, will have to wait and see what happens.

alex_muchai

so my thoughts on EURJPY it retraced its way back to the resistance level, and looking back it has touched that level like four times, seems like a pretty strong level to break. uhm the way it has retraced to the resistance level i'll be expecting a really strong movement on the down side, trust your insticts right? Have a profitable Tuesday. drop your thoughts...

alex_muchai

this pair ussually gives me goosebumps, still on the buying side havent changed my mind yet.

alex_muchai

we should expect the pair to be on a bullish trend but we should expect a little noise on the 50% level, and a little retracement before it continues to the upside. Those are my thoughts, please leave your thoughts down at the comment section. Y'all have a profitable week

alex_muchai

the pair has been on a bullish trend for a while now and as you can see it formed a "W" pattern and keeps on going smoothly on the up side,i believe its retracing 0.618 level on fib then, continue the bullish movement but we are yet to see the big move next week. Have a profitable Friday