DXY has been on bearish trend for a while now and broke the global support last week which will now turn to resistance and price is also close to 8 months low, I expect price to make a retracement to 103.212 (global support now turn resistance) before the down ward move continues
Price has broken 8 months high and set to trade to price 2000 as price continues to gain bullish momentum
Based on price action I expect Gold will make a pullback today to price 1854.650 today as it has resisted twice
Still on EURJPY CORRECT, I expect price to trade to 142.735 as price just broke the previous week candle close
Price set to continue its bullish move, after market makes a pullback to point of break on Mondays ,it’ll continue the trend to 1900
Gold overall trend In higher tf remains bullish and has completed the pullback yesterday close to previous week candle. Close, I expected the Price to go bullish
Eurjpy has made a bullish Engulfing candle in daily timeframe with a retest to previous week candle close , I’ts due for a buy today
Gold has finally broken out of its resistance and buyers are now much In control of the market. on Monday 01/01/2023 I’ll wait for a retracement to 1813.910 which is my point of interest for buy to execute trades , I’ll set a buy limit order at 1813.910 Stop loss at 1814.985 Take profit at 1833.44
In New York session we’ve e just seen price made a double top, break and retest to point of break and it’s ready to sell down to 141.523
Gold price for long now has been moving in a channel and the previous day candle closed at the area of resistance, I expect a bullish move to 1821.380 being my take profit level
After eurjpy plumpet to 140.595 due to jpy inflation rate news, eur has been ranging for days now and finally break resistance in lower tf ready to make a bullish move which I’ll gain entry by 9:30gmt
Price is seen moving in a rising triangle channel and is due to retrace to price 1797.750, I look forward to seeing more confirmation in my entry tf 30min before I can take the trade
USDCAD has completed retracement and bulls are ready to take control of the market with my RR going for 1:1 (200pip Risk for 200pip reward
We see as price approaches to previous week high and being on consolidation stage which gives a clue it’d continue with bullish move , In higher timeframe like weekly and daily, the market is bullish , so I expect the PPI news coming up in New York session to favour bulls In the market
Price is at resistance zone and also brought a bearish engulfing candle to confirm sell, I’ll be selling GOLD during NFP
Gold has broken its resistance and will trade between price 1750-1765 Market will favour the bulls more this week, look for more of buy opportunities as the market is already on markup stage. Trade wisely!!
Price tested the OB and is ready to take a bullish move...I’m waiting for a confirmation in Lower tf like CHOCH or BOS to take a buy position
Price has broken the neckline of its previous support and will push down more in retracement before the buy continues