Iran
USDCHFSince the Swiss central bank has always announced that the country's currency has strengthened too much, with the strengthening of the dollar, we are witnessing an increase in prices in this chart.
EURUSD Technical and fundamental analysisFUNDAMENTALS:
As relations between London and Washington improve, the situation for Europe over the Brexit agreement has become more difficult.
The head of the European Central Bank expressed his concern about the current state of the economy, saying that the central bank had not achieved its goals and that fiscal and monetary policies should continue.
An increase in expansionary monetary and fiscal policies will increase the circulation of the euro and thus reduce the value of the currency.
And in the current situation, the dollar is strengthening.
XAUUSD-GOLDThe dollar is strengthening.
Commodity price index fell.
And bonds rose at the same time.
Most foreign currencies (except the US dollar) are depreciating.
Market sentiment for the dollar is positive
The usual target for gold is a minimum of 1800 and a maximum of 1700, but this depends on market conditions.
An increase in the dollar index lowers the commodity price index and, as a guide, reduces inflation
Reducing inflation will increase bond prices and consequently increase stocks
GBPUSD technical and fundamental analysisFUNDAMENTAL:
United Kingdom:
The Bank of England has said it is looking more closely at sub-zero interest rates.
With the tripling of the number of coronavirus cases, the UK economy is facing unemployment and problems with the Brexit agreement.
Lower interest rates increase liquidity and increase commodity prices, thus reducing the value of the currency.
There is a principle in capital markets, which says, "Buy in the time of gossip, sell in the time of reality."
United States :
The US commodity price index has reached a strong resistance.
Treasury bonds are likely to rise.
As a result, the dollar strengthens.
US economic indicators have weakened in the past week, and that will raise concerns.
US economic indicators for next week should be carefully examined.
TECHNICAL:
In the diagram you see, I used the (SPEEDLINE) technique.
I use this technique to determine the speed of the process.
If you are not familiar with this technique, let me give you another diagram:
You can see the price channel trend in this chart.
This price channel has been broken by a powerful candlestick .
The price has returned, the main trend line of the channel has become a resistance for the price.
I used another technique to confirm that everything is ready for sale.
I used the "hand fan" technique
Points 1, 2 and 3 are the points of my technique.
Breaking the trend line of zone 3 is another confirmation of this pattern for price reduction.
Check the news and economic factors carefully.
Good luck
gold targets Hi guys
which one is more possible to happen?
I think 95% the second
please share your opinions.
GBPJPY LONGHello My Friends . Its My first published idea in TradingView .
My analysis based on harmonic Pattern ( AB = CD ) and Trend line patterning + support and resistance lines and fundamental about Jpy and GBP
Let me clue you in
1 . we Have two down Trend line From monthly And Weekly Time Frame that they are not going to be touched in at least +200 pip
2 . Right now we are facing with a Power Full support line
3 . if u use Fibonacci retracement u will see they reached to 50% of Fibonacci retracement that means its Time to go UP : at least 1.61 retracement wave
4 . we are facing with a harmonic pattern ( AB=CD )
5 . ...
I am going Long in gbPJpy
what Do u think my friends
just to mention that I am only 20 years Old and 3 month of Trading xD
good Luck and have Fun
u Can easily contact me if u have any question
comment Here FX:GBPJPY FX:GBPJPY
Safe heavenBuying the fucking Silver dip for long term in case of period of hard volatility in 2020. Iran , Trade war , Brexit - you know the drill.
Credit injections can't save this ponzi forever. Nothing can make new highgs forever and consumers get enough with syntethic price actions and bubbles . Consumer don't want to pay that high for stocks , houses , etc. Only FOMO left .
fractalshi guys i hope happiness for all of you please like it thx
okay the green chart that you see copied from 25 may and this is very similar to current move for me .
-Fractals are useful in modeling structures (such as eroded coastlines or snowflakes) in which similar patterns recur at progressively smaller scales, and in describing partly random or chaotic phenomena such as crystal growth, fluid turbulence, and galaxy formation.
CHFJPY Entering short position After reaching supply area in few days ago(green area) , and breaking out upward daily trend now, downward channel is obvious in the daily and H4 chart
My plan is to enter short position until channel floor .
Good luck and be wealthy.
