XAUUSD Weekly OverviewRegarding our observations, currently there are more buyers in the market
These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block.
Both Long-term and Short-term Trends are bearish! There is not almost any reason that could change the short-term trend in near future.
We expect a bearish gold for this week!
1901 is the best place to strat putting sell orders in case breaking the bearish trend line.
We take the market under observation to find long opportunities. We do not suggesst any setup now!
Pivot
AUDUSDRegarding our observations, currently there are significantly more buyers in the market.
Breaking RSI-based trend line after overbought and oversold levels worked well for this instrument recently.
We are in oversold again after a mighty break We might see some correction in Aussie move in this week or may be in next weeks.
You can both enter after breaking 0.6450 or wait for reaching to around 0.6375.
Next weeks we might join sellers again around the 0.6560!
Remember that Aussie down trend might be due to bad economical data release of China as the main importer of Australia and also China's ambitions regarding Taiwan may end up in an economic conflict between the free world and China.
USDCHF: Just short-term traders should trade it! Regarding our observations, currently there are absolutely more buyers in the market.
After breaking 0.8850 there is good place to long the pair.
Breaking ascending the trend-line down and retrace to top of the bearish channel make good chance for a short trade.
breaking down 0.8742 could be anoother opportunity for shorting the pair.
EURGBPRegarding our observations, currently there are Absoloutly more buyers in the market.
Two buy setups!
After breaking 0.8560
The other is any reaction to the trendline!
the second one is much mor riskier.
Two shorting opportunities are the one after breaking 0.8490 down and the other is after reaching 0.8600
USDCAD on a flip zone for longUSDCAD broke 1.33862 structure and extend to the upside given a valid demand zone (DZ) mixed with 4H Bullish engulfed pattern(BEP), reacting on the demand zone(DZ) which indicates a possible bullish move to the upside and also considering 1.33862 as a flip zone.
expecting a reach at 1.35028 and 1.35550 target
AUDCADCurrently there are absolutely more buyers in the market
AUDCAD is bearish! But we are around a very important level and bottom of bearish channel
These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block.
Save some profits in each static and dynamic level.
GBPUSDCurrently there are almost more buyers in the market
GBPUSD is bullish! We believe we are in demand zone and we expect a move!
There could be a short-term long position opportunity.
These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block.
EURUSD levels and trading guide! Currently there are almost more buyers in the market
EURUSD is bearish! In case of any correction we could see a reversal from the level!
Shorter-term traders could enter long positions now. We don't enter!
These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block.
NZDUSD: Sentiment, Fundamental and Technical viewAccording to our online observations more than 80% of traders long NZDUSD right now!
However fundamentally by decreasing in price predictions of diaries, Kiwi could bear a more decline in long-term.
Next week RBNZD intrest rate decision could also change the market. (only if be different to predicitions).
Also China's political problesm with free world could effect New zealand more than Europe and USA!
Today might be good day to long for scalpers and other short-term traders.
But in mid-term and long-term We suggest shorting NZDUSD.
If just like us, you have some open short positions, it's good idea to clsoe some of them and short again in probable higher prices.
XAUUSD: A Short SetupThe pictures explain everything.
In our trading time frame, we consider gold to be negative.
Gold is experiencing a short-term upward correction. We begin selling gold around the 1975.000 zone. Gradually, we close a part of the deal regarding the traditional supports and the Camarilla ones.
The order block and bottom of the ascending channel may be useful areas for other take profit points.
weekly resistance:
Daily Channels:
Daily OBs:
USDJPY AnalysisHello, traders. The support and resistance area of 139 may soon be approached by the USDJPY, which is now in a correction phase. The trend is currently upward. Throughout this and the following trading week, we'll be keeping an eye on USDJPY in case a buying chance presents itself close to the 139 zone.
EURUSD: trading opportunitiesHello, traders. The support and resistance levels of 1.1125 may be reached by the EUR, which may be in a correction phase. The mid-term trend is currently bearish. In case, a selling opportunity presents itself at the 1.1125 zone, we'll be keeping an eye on EURUSD for the course of this trading week and the one after it.
Risky buying opportunities are located around 1.090.