Daymian

Daymian

GBP downside extended on Friday after the U.S. NFP beat with cable almost reaching the 1.2000psychological level. Daily GBP/USD price action shows nothing in the way of chart patterns of a firm directional bias – reiterated by the midpoint 50 reading on the Relative Strength Index (RSI). My view on GBP/USD remains skewed to the downside as recession prospects,...

Daymian

AUD/USD The Australian dollar has plunged after the jobs number in the United States came out much higher than anticipated, driving up rates again.

Daymian

GBP/JPY – The British Pound Rallies Against Yen The British pound rallied against the Japanese yen during trading on Friday as the interest rate shooting higher in America has caused a knock-on effect.

Daymian

GBP/USD - The British Pound Falls Apart The British pound has fallen apart during the trading session on Friday against the US dollar as the jobs number has been released, at more than two times what it was expected to be.

Daymian

USD/JPY - US Dollar Skyrockets The US dollar skyrocketed during the trading session on Friday as the jobs number in the United States came up much hotter than anticipated, thereby causing a lot of chasing.

Daymian

The RSI is above its neutrality area at 50.The MACD is above its signal line.Whereas the configuration is positive. The price is trading above both its 20 & 50 MA(Respectively at 1.2087 and 1.2050.

Daymian

The RSI is below its neutrality area at 50.The MACD is negative and above its signal line.The configuration is mixed indeed>Moreover,the price stands above its 20MA(23752)but below its 50MA(24015). Alternative Scenario: The downside breakout of 23190 would indeed call for 22490 and 22070.

Daymian

Easy Us30 Sculp Entry.BOS has been activated and price is trading towards its ranged high.

Daymian

We can expect price to go higher .We can expect a big buy after price bounces off Resistance level.We also see a bat Pattern giving us a confirmation that price might trade upwards after bounce off from resistance level.

Daymian

A two way position. If price opens above resistance line ,We can expect major buying pressure....BUT ,If price breaks below (Which is likely to happen)We can expect further selling pressure.

Daymian

Trading in a descending Triangle ,Likely to trade all the way to support level where it will start testing ,Bounce back off support and trade to its nearest Resistance level @h113e1360-8631-4968-95d0-f9046 GOOD LUCK

Daymian

GBPAUD shall continue to the downside. GBPAUD dived below the April and February 2021 lows of 1.7739 and 1.7688 respectively today, recording a near 14-month low of 1.7655 following an aggressive one-and-a-half-month decline, which began around the beginning of February. The dip in the 100- and 200-day simple moving averages (SMAs) indicates sellers’ recent...

Daymian

Because the market is trading in an upside direction(Trend)We can expect more bulls coming in .We have a bullish cypher Pattern.

Daymian

NZD/USD pushing to the two support round about 0.61737 and 0.60028. We can expect price to push all the way down to 0.60028

Daymian

Short buy. Nasdaq as been weak for quite some time now .I do see a small pull back price 14247.0. Bullish butterfly.

Daymian

We can proceed with a long on EUR/CHF as it has broken above resistance level and is showing alot of buying pressure. We can expect price to go back up to resistances at 1.05101(R1) Target 1,06077(R2) Target 2 Along with Target 3 at 1.07031(R30).

Daymian

We can see EURAUD has a two way direction trade, whether its to the down side or the up side .We are sitting on a huge resistance level .If price breaks that resistance we can place a long But if it breaks below that resistance point we can expect a short position .But because the trend is down and we are indeed fighting(testing)Resistance level we can expect a...

Daymian

I can expect a further drop in the gold price. We are looking at a major profit taking trade if Gold Bounces off resistance level @1882.99.