GOLD:SELL BAT Pattern Double TOP Resistance SHORT Setup ⚡️GOLD possible Short Setup with formation BAT Pattern in area 1820.00 with possible double TOP on this resistance level.
The stochastic is also in the overbought scenario and our forecast is Bearish. Today the Economic news will be crucial to understand the next movements of this metal.
Key events:
Canada – Core CPI (MoM) (Nov)
USA – CB Consumer Confidence (Dec)
USA – Existing Home Sales (Nov)
USA – Crude Oil Inventories
Telegramsignal
GBP/USD:SELL Price Inside Bearish Channel For A New SHORT SetupGBP/USD yesterday reached our Take profit following our forecast, today the price is still inside a Bearish channel and our Idea continues to see the Pound Weak to the USD. Today will be crucial to understand the main scenario with the release of US Building Permits and Housing Starts. Our forecast is about a new Short Impulse.
GOLD:SELL From Resistance Area 50% FIBO for SHORT SetupGOLD after the strong bearish impulse of the last sessions, the price today retests the 50% Fibonacci Level in confluence with the dynamic trendline, and all the clues are about a new Bearish impulse in the direction of the main trend. The stochastic shows also a Overbought situation.
EUR/USD:SELL From Bearish Channel For a New SHORT SetupEUR/USD is inside a bearish channel, after the progressive recovery of value in the last sessions, the price is struggling to grow more and a new bearish impulse it's ready to the corner for the EUR. Our forecast for the end of the year is about a comeback on the bearish side for this value.
NZD/USD:SELL From Resistance Area FIBO Levels DIV SHORTNZD/USD in the last sessions change the trend and today the price is trying to recover some value in the area of 0.6400 where a resistance plus the Fibonacci Levels may give to the price the right place for a pullback in the direction of the Bearish trend. The stochastic is in an overbought Area plus divergence and our Idea is about a new Bearish impulse.
Toncoin Eyes $3 But RSI Sets Record for Most Overbought Reading Telegram's Toncoin (TON) may be leading in crypto market gains, but its daily Relative Strength Index (RSI) is currently at the most overbought reading in its history. However, as the TON price is battling the middle of an ascending channel, a breakthrough could expose the upper channel resistance trendline, which aligns with the $3.00 psychological level.
RSI Overbought
As of December 15, the daily RSI stands at 84.96, which marks the highest point ever on the daily chart and is well above the classic overbought reading of 70. The previous highest RSI reading was recorded earlier this year on October 26.
During the previous run in October, TON's price was also testing the middle of the ascending channel, just like today's price action. At that time, after TON reached the RSI overbought signal, its price sold off to retest the bottom of the channel.
TON Ascending Channel
From a technical perspective, TON's price action is moving inside an ascending channel, which can guide future price movements. If we project to the upside of the same price range we experienced between the middle of the channel and the channel's support, then we could expect a 61% rally.
A rally of this magnitude would send TON's price to the top of the channel, right around $3.00.
Looking forward: Prices in the middle of the channel, between $2.50 and the $2.00 were once key resistance levels, but now act as support levels. These are the prices to watch on the way down.
GOLD:SELL From Resistance Level For a New SHORT Setup The GOLD in the last sessions stops the bullish rally with a reversal around the area 1820.000
Today the price is inside a consolidation area where a possible breakout can push the price more in the downward. The Resistance level at 1785.800 can be a place for a new reversal for the price and follow the new tendency for a bearish impulse. We are looking for a Short setup.
GOLD:SELL From Breakout Dynamic Trendline For a SHORT SetupGOLD yesterday the positive news about the USD Unemployment Claims pushed the European currencies downwards and the correlation with the metals can push the value of the GOLD as for the SILVER more over the downside. In the chart, we can see a breakout of the dynamic trendline and our bias is about a new pushdown by the price.
SILVER:SELL From Breakout Trendline For a New SHORT Setup SILVER yesterday broke the dynamic trendline changing the direction of the perspective of an increase in value with a strong red candle. Today the price may continue to drop more in the area of 22.000 following the new direction of the trend and the taken positions from the bear's traders.
GOLD:BUY From Support Area For a New Pullback LONG Setup GOLD after the solid Drop of Yesterday Today's price may recover value from the resistance area with a new bullish impulse in the direction of the main trend, bullish. Also, the price may be affected by the release of the US Initial Jobless Claims and the Retail Sales MoM, and the Core Retail Sales m/m that shows a decrease in the total sales value at the retail level. Our forecast is about an increase of the value from the discount price in this area with a recovery of value by the GOLD.
EURGBP: BEARISH POSITIONS ABOVE 0.85900FX:EURGBP
Hello Traders!!!,
This is my analysis brought to you after deeply analyzing thE EUR/GBP Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 0.85900
*Stop Loss : 0.85555
Take profit : 0.87238
Entry Price : 0.86015
Risk/Reward Ratio : 1 : 2.29
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
Yasser Tavarez,
Wish you the best!
GOLD:BUY From Support Level For A New LONG Setup GOLD as EUR/USD ( Both Strongly correlated ) take advantage after the bad news released yesterday for the USD with a strong bullish impulse as predicted. Today the Market is in pullback waiting for the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bullish impulse for the GOLD and a Bearish momentum for all the USD pairs and correlated. Technically GOLD it's inside a Bullish trend and the price today is retesting the support inside the Fibonacci levels of 38.2% and 50%. Today the GOLD value may take again advantage of today continuing with another Long impulse from the support area.
USD/CAD:SELL From Resistance Area For A New SHORT SetupUSD/CAD after the bad news released yesterday for the USD today the Markets will have another strong shaking by the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bearish impulse for the USD and a Growing for all the EUR pairs and correlated. Technically the USD/CAD it's inside a new Bearish trend and the price is around a strong Resistance area. Price may continue to follow the trend and have another bearish impulse.
AUDUSD: BEARISH POSITIONS BELLOW 0.67753FX:AUDUSD
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the AUD/USD Forex Pair from a technical, trend and fundamental perspective:
*Pivot Level : 0.67753
*Stop Loss : 0.68355
Take profit : 0.66415
Entry Price : 0.67595
Risk/Reward Ratio : 1 : 1.55
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Follow me to be up-to-date with all my posts and updates 🚀.
Yasser Tavarez,
Wish you all the best!
USDJPY: BEARISH POSITIONS BELLOW 1.78053FX:USDJPY
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the USD/JPY Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 1.78053
*Stop Loss : 137.077
Take profit : 132.446
Entry Price : 136.067
Risk/Reward Ratio : 1 : 2.56
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Follow me to be up-to-date with all my posts and updates 🚀.
Yasser Tavarez,
Wish you all the best!
GBPCHF: BEARISH POSITIONS BELLOW 1.14431FX:GBPCHF
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the GBP/CHF Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 1.14431
*Stop Loss : 1.15031
Take profit : 1.10773
Entry Price : 1.14267
Risk/Reward Ratio : 1 : 4.52
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
Yasser Tavarez,
Wish you all the best!
USDCAD: BEARISH POSITIONS BELLOW 1.35537FX:USDCAD
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the USD/JPY Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 1.35537
*Stop Loss : 1.36337
Take profit : 1.32169
Entry Price : 1.35537
Risk/Reward Ratio : 1 : 1.88
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
Yasser Tavarez,
Wish you all the best!
USDJPY: BEARISH POSITIONS BELLOW 147.400FX:USDJPY
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the USD/JPY Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 147.400
*Stop Loss : 148.209
Take profit : 142.752
Entry Price : 146.980
Risk/Reward Ratio : 1 : 3.56
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
Yasser Tavarez,
Wish you all the best!
AUDJPY: BEARISH POSITIONS BELLOW 94.666FX:AUDJPY
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the EUR/NZD Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 94.666
*Stop Loss : 95.486
Take profit : 90.456
Entry Price : 94.431
Risk/Reward Ratio : 1 : 4.05
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
GBPUSD: BEARISH POSITIONS BELLOW 1.13881FX:GBPUSD
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the GBP/USD Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 1.13881
*Stop Loss : 1.14704
Take profit : 1.06055
Entry Price : 1.12243
Risk/Reward Ratio : 1 : 2.41
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
GBPJPY: BEARISH POSITIONS BELLOW 165.736FX:GBPJPY
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the GBP/JPY Forex Pair from a technical, trend and fundamental perspective:
*Pivot Point : 165.736
*Stop Loss : 166.049
Take profit : 157.232
Entry Price : 163.572
Risk/Reward Ratio : 1 : 2.25
⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️.
✅Fallow me to be up-to-date with all my posts and updates 🚀.
GOLD:BUY From Support 1780.00 FIBO 61.8% For A LONG SetupGOLD inside a Bullish trend in the last hours made a pullback on the previous support area at 1780.00 in confluence with the FIBO Level 61.8% the price is making Higher-highs and Higher following the dynamic trendline that is still working as dynamic support for the price. Our Idea is about a new Long setup following the main trend.