Deensesay

Deensesay

Price currently around 1HR Resistance zone (2,740-2,745), counter trend opportunity.

Deensesay

Hello Traders, The Dollar Index (DXY) is currently in a downtrend with the price unable to break above the Resistance Zone (97.00). Price is currently at a Daily Support Zone which has been tested multiple times in the past, making it a great counter-trend area to look for buying opportunities. If the price breaks below 95.380 (Support Zone) then I'll be...

Deensesay

Happy Sunday Traders! Fundamental Analysis: On Thursday, European Central Bank Governing Council member Klaas Knot noted that the ECB could end its bond-buying program earlier than planned if inflation continues to surprise the upside. Knot further argued that it was appropriate for the ECB to prepare for gradual monetary policy normalization. Although these...

Deensesay

Fundamentals- The dollar remains on track to close the sixth consecutive week with gains, always underpinned by the uptrend in US yields, auspicious results from US fundamentals – which in turn support the idea of a strong recovery – a pick-up of risk aversion on omicron fears and lately by the hawkish twist in Powell’s testimony after he suggested the Fed will...

Deensesay

The price is currently at @149.155. This is a significant H4 Support area (149.00 - 149.640) which has been tested multiple times in the past making it a great area to look for buying opportunities.

Deensesay

Happy Sunday Traders! Fundamental News: Initial fears of the Omicron variant on Friday the 26th boosted the value of the yellow metal due to its inverse relationship with treasury yields, with the 10-year yield dropping around 23 basis points from Monday to Wednesday. Likewise, the US dollar traded lower over the same period which further elevated gold prices due...

Deensesay

Key Levels to look out for on AUDCHF this week, Especially during the Asian and London trading sessions!

Deensesay

Fundermental Overview- Gold price is reversing from monthly highs just ahead of the $1800 mark, as the US dollar rebounds in tandem with Treasury yields amid the upbeat market mood. Robust US corporate earnings douse fears over growing inflation risks, boosting the investors’ sentiment at the expense of the safe-haven gold. Meanwhile, failure to find a hold...

Deensesay

Important Key Levels For GBPJPY. Levels that I'll be looking during the London Session!

Deensesay

Key levels for CHFJPY . Price is currently @119.705 and we are approaching H4 Support Zone (119.560 - 119.330). This level has been tested multiple times in the past and this is where I'll be looking for possible counter-trend opportunities on lower timeframes.

Deensesay

Key levels for AUDUSD. Price is currently @0.73490 and price is in the H4 Support Zone (0.73320- 0.73520). This level has been tested multiple times in the past and this is where I'll be looking for possible counter-trend opportunities on lower timeframes during the London & US sessions.

Deensesay Updated 

On my analysis released yesterday I gave my overview on GBPUSD and where I believed price would be moving towards during London Session. GBPUSD is currently in an downtrend alongside was @Daily Support Zone which has been tested multipe times in the past, making it a great area for counter-trend opportunities. Daily Support Zone (1.35640 - 1.36220) During...

Deensesay

Price is currently in an downtrend alongside @Daily Support Zone which has been tested multipe times in the past, making it a great area for counter-trend opportunities. Daily Support Zone (1.35640 - 1.36220) I'll be looking for counter-trend opportunities during the London session!

Deensesay

Key levels to look out for US30. Price approaching H4 Resistance Zone (35340 - 35430) and this is the area I'll be looking for counter-trend opportunities on the lower timeframes!

Deensesay

Fundermental Analysis: XAU/USD accelerates above $1770, turns positive for the week. Gold prices are up by more than 1% on Friday, boosted by lower US yields and a weaker greenback. XAU/USD trades at $1779, the highest level in a week. University of Michigan’s Consumer Confidence report showed a sharp, unexpected decline to 70.2 in the main index, the lowest...

Deensesay

Key Levels for CHFJPY. Price (119.761) is currently located between both a H4 Support Zone (119.360 - 119.570) & H4 Resistance Zone (119.940 - 120.040). I have no bias in which way market price will go so, I will be looking for either trend or counter-trend opportunities during the Asian session on the lower timeframes.

Deensesay

Key Levels for AUDUSD. Price is just 13Pips away from the H4 Resistance Zone (0.73820 - 0.73905). I will be looking for either trend or counter-trend opportunities during the Asian session.

Deensesay

Key levels for GBPJPY. Price is currently @151.925 and we are approaching H4 Support Zone (151.140 - 151.550). This level has been tested multiple times in the past and this is where I'll be looking for possible counter-trend opportunities on lower timeframes.