eee_traders

Silver, like its sister Gold, is bullish for the moment as long as it trades inside the channel (yellow). Goal is around 18.200 area. Happy trading everyone!

Because it's still contained inside a bullish channel (red), we are expecting for the price to go up. It might target the 1270 area, which is the 100% equivalent of the previous uptrend. If in the event it will break outside the parallel line, the price may automatically go down. Happy trading everyone!

Current decline we see suggests that EURUSD did topped at its 50% fibonacci correction. Price already broke past the yellow channel's outer boundary which means that the trend is bearish once again. Happy trading everyone!

Silver, unlike its sister metal, has a lesser move up before it corrects down. Happy trading everyone!

Trading days from now, Gold may still move towards 1250 area before we see it correct. Happy trading everyone!

A bounce from 0.9850, retracing 61.8%, is a good one. We just have to keep an eye that price countinues to make lower lows. Happy trading everyone!

Previously, we anticipated this pair as bullish towards 0.7550 area. Price did hit the 0.7600+. The current movement suggests that AUDUSD is correcting and may or may not revisit 0.7450 before bulls reign once again. Happy trading everyone!

As with last week's analysis, we are still waiting whether oil price would retrace back to 49-50 area before soaring. Happy trading everyone!

AUDJPY may or may not revisit 84-85 area before becoming bullish once again. But a break of previous high 87.53 will suggest that trend is up again.

Oil is currently moving sideways. We might see a push down back towards 49-50 area before price becomes bullish again. Happy trading everyone!

USDJPY being bearish for a limited time.

Crude Oil Energy still bullish (long term). eeetradinganalysis.wixsite.com