Hi traders, Gold had a massive drop on last week after the nfp data released from us. We can see price was reaching the previous support zone and we believe this support will hold price back up again. Previously when price reached 1750 ,price rejected and rise to 1830 (800 pips) . I believe there is alot pending order will activate on monday and tuesday.I expect...
Hi traders, last friday we have some positive data on usd,meaning that usd gain stronger. But I believe eur at this level will gain some strength since previously when price reached this zone( 1.7578) and price starting rising.I believe the reason price start rising is because the daily trendline hold the price and if we take a fibonacci level from previous high...
Hi traders, this pair starting melt to the downside and my advise for now, is better stay out of the market. Don't rush in to any direction. As we can see price broke the support trendline forming on h4. If this is false breakout and we will start to see price roll back up very soon. But if the price keep remain below than the trendline means this brekout was...
Hi traders, as we can see right now on GBPJPY, price rise back up from previous support line 150.8 till recent high 153.4. I have published my previous analysis on GBPJPY. I will linked it at below. However things might change from here, on the chart we can see there is strong trendline holding price towards down from 155 till now. I believe this trendline still...
Hi traders, here is an update on gbpjpy. So currently what we can see is price holding by support trend line as i drawn on the chart. I believe that this strong daily trend line will hold the price and bring it back up. Target take profit level will be at (152.8 - 153). Stops loss level will be 150.5 . Hope u enjoy this analysis and make sure drop a like and...
Hi traders, from my last idea i spoke about on gold, this pair will rise up. And now it did it. I expect price from this zone will start falling down its because what i saw on h4. Price start getting slow and multiple rejection on this zone. So we are not longer interested at this level. But what we can expect is price will going down a little and get back the...
Hi traders, unfortunately we got stopped out on our previous trade .I will put my the previous analysis on below so u may check it out for the referral. But previously i was on buy bias and so now. Currently price bounced up from recent low which is 1750 area.Current price at 1790 which price was rebounce 400 pips so we will act the 1750 as our support zone. We...
As we can see on Xauusd gold right now, price getting consolidating in the range. When price does that means market currently accumulating the strength at this zone(0.618 golden ratio of fibonaci. And we do expect there will be some movement getting started from here, either up or down. But I do expect price will start rally from here, Make a retracement at...
Unfortunately my previous analysis ended up at breakeven (0 loss).Price started moved up but went down. I have mentioned before after trade going profit above 50 pips make sure moved the sl at entry to protect our capital. Anyway let the thing passed and we move forward. Currently we are sitting at major support 1771. First of all its very clear to see we got an...
The reason i support for long/buy, its not just because of the price having big drop after fomc realease their data.The main fact that support my analysis which is
1:price current siting strong support zone. 2:price exactly linning up with fib retracement 3:market behaviour. 4:Rsi currently oversold on H1/H4.
As u can see , i have drawn down the fib from previous...
