Like the title is meaning, for the next week 1-3 weeks, XAUUSD (Gold) could go down. It has reasons and for those who may have some questions, don't hesitate to leave a message. Cheers.
PAIR: EUR/USD TTF: 4HR TRADE: BAT + CTT NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
After breaking out of a triangle, EURUSD pair is having the last correction before heading to the long and very expected level of 1:1 . Unfortunately, that is not all for EUR: as a general rule, once the triangle is broken, we should expect a movement similar to the height of a triangle towards the direction of the breakout. In this case, the official breakout...
I already opened a long position on EURUSD because it's facing a strong resistance and I think It can raise up. Also in the H4 chart the Stoch line are crossing.
Price reached Senkou B line and we must be ready to open trades based on following signals. If price breaks Senkou B and ADX line moves above 20, we'll have a buy signal. Entry level will be above the high of the signal candle. Place stop orders below the swing low and use trailing stop for exit. If price reverses from Senkou B and RSI confirms it, we'll have a...
A short-term trade on EURUSD is about to be triggered: bearish Butterfly pattern should complete around 1.0742 value and give a place to a correction after a good bullish impulse. Notice also a potential bearish divergence on 4H timeframe. Will open a short position at 1.0742, SL: 1.0822 TP1: 1.0588 TP2: 1.0497
End of elliot wave formation, trend is going to reverse (short term) heading down to lower fib retracement 78.6%. Technical analysis can be confirmed by fundamental analysis if there are no surprise with the USD ISM and USD FOMC rate decisions.
EURUSD Forecast (Pre London session Update for 1st Feb, 2017) is that eurusd is still in uptrend. Intraday support areas are 1.0772 and 1.0765. I am expecting a triangle type pattern here. Waiting for pattern completion before buying. Investment in financial instruments carries a high level of risk, and may not be suitable for all investors. You can even lose all...
Looks like we might form a right shoulder, to form this right shoulder this move will happen.
FOMC Statement and Federal Funds Rate is due tomorrow. I am expecting no change in rate and a down USD. Maintaining a bullish view. 1.0850 is an important resistance. Keep and eye on it. Regards, Investment in financial instruments carries a high level of risk, and may not be suitable for all investors. You can even lose all of your investment. So do not invest...