Signals 26.05
Hello guys, today we’ll be looking at the top seven ideas for the next trading session, but first let’s see how yesterday’s ideas managed
EURUSD – I recommended you long, the price hit our first target around 1.090 and the second around 1.095
GBPUSD – I said that if the price holds above 1.2190, that’s a good entry for a long, which it seemingly was, because the price hit my first target.
USDCAD – I said that if the price holds below 1.3940 – that’s a short, with a target at 1.39 which it also hit.
AUDUSD – if the price holds above 0.6560 – buy, with the first target at 0.66, which also worked out
XAUUSD – I said that if the price holds above 1735, that’s a long, and if below, that’s a short. The second scenario happened you should sell with your first target at 1715.
Oil – I told you to short, but the idea didn’t work out, oil’s still bullish for now.
S&P500 – I said it’s bullish, and if the price holds above 2975, you should long with a first target at around 3000, and the price hit our first target.
Right, that’s it for yesterday, let’s move on to today’s ideas.
As always, we’ll start with EURUSD. I expect the price will bounce off the level at 1.096, after that a pullback till the level at 1.093 and then for the price to go up again until 1.10.
Same concept for GBPUSD – I’m pretty bullish with pound generally. I expect a pullback from the level at 1.2320 to the level at 1.2270 and then a big upwards movement until 1.2340
USDCAD – everything depends on how the price will react to the level at 1.39, if it goes up and fractals, we can short, and if it breaks and hold above the level - that’s a long.
Next is Aussie – much like GBP and EUR, since USD is pretty weak right now, I expect the price to go up until 0.6650 , form a reversal pattern, and then go down, with your first goal being 0.66
Gold is looking bearish, the price tried to hold below 1730, so I think a short with the first goal at 1715 is a good idea.
Oil is still pretty bearish, it’s around an important resistance level around 35USD/contract, so I think that There’s a bounce going on and that you should short with a goal at 32/contract
S&P500 – I’m still bullish, I expect a pullback followed by a rise with my first target being around 3020
That is all for today, my friends, I hope this was informative. Best of luck in the market and have a good day.
Hello guys, today we’ll be looking at the top seven ideas for the next trading session, but first let’s see how yesterday’s ideas managed
EURUSD – I recommended you long, the price hit our first target around 1.090 and the second around 1.095
GBPUSD – I said that if the price holds above 1.2190, that’s a good entry for a long, which it seemingly was, because the price hit my first target.
USDCAD – I said that if the price holds below 1.3940 – that’s a short, with a target at 1.39 which it also hit.
AUDUSD – if the price holds above 0.6560 – buy, with the first target at 0.66, which also worked out
XAUUSD – I said that if the price holds above 1735, that’s a long, and if below, that’s a short. The second scenario happened you should sell with your first target at 1715.
Oil – I told you to short, but the idea didn’t work out, oil’s still bullish for now.
S&P500 – I said it’s bullish, and if the price holds above 2975, you should long with a first target at around 3000, and the price hit our first target.
Right, that’s it for yesterday, let’s move on to today’s ideas.
As always, we’ll start with EURUSD. I expect the price will bounce off the level at 1.096, after that a pullback till the level at 1.093 and then for the price to go up again until 1.10.
Same concept for GBPUSD – I’m pretty bullish with pound generally. I expect a pullback from the level at 1.2320 to the level at 1.2270 and then a big upwards movement until 1.2340
USDCAD – everything depends on how the price will react to the level at 1.39, if it goes up and fractals, we can short, and if it breaks and hold above the level - that’s a long.
Next is Aussie – much like GBP and EUR, since USD is pretty weak right now, I expect the price to go up until 0.6650 , form a reversal pattern, and then go down, with your first goal being 0.66
Gold is looking bearish, the price tried to hold below 1730, so I think a short with the first goal at 1715 is a good idea.
Oil is still pretty bearish, it’s around an important resistance level around 35USD/contract, so I think that There’s a bounce going on and that you should short with a goal at 32/contract
S&P500 – I’m still bullish, I expect a pullback followed by a rise with my first target being around 3020
That is all for today, my friends, I hope this was informative. Best of luck in the market and have a good day.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.