If we maintain a weekly close above 141 level, this could further push the price up next week mindfully watching out for corrections which could drop the price a couple 1000 pips. We could potentially breach 144 in the coming weeks. Stay tuned!
Resistance zone is currently under a retest. Price being unable to break to the up side is likely to occur.
Good old gold moving towards $1600. As a result of the weekly resistance being broken.
All i have to say is super bullish. hop in a long trade at the right price and follow the setup
USD bears is giving EURO a lot of momentum to push higher. Chances of seeing 1.15 by Friday is highly certain.
GOLD seems to be following the bitcoin trend while DXY is currently entering a downtrend. It looks like we would be seeing a similar correlation with XAU and BTC for the coming months... comment and like if you agree or if not.
Simple BTC analysis.. bitcoin heading to $20,000 then to $100,000! Current trend line broken, buy after a close above resistance
Trade according to your account size (Proper risk management) Short USDJPY after a correction occurs above the current support. TP1-107.315 TP2-107.000 *Trade Risk free*
Trade according to your account size (Proper Risk management) Short CADJPY TP1-80.5 TP2-80.2 *TRADE RISK FREE*
In this scenario, Bitcoin may have topped for the year. It may be time to drop down for a retest, collecting institutional size positions at $14k (50% fib level) before continuing past $25k.