EirgTrade

EirgTrade

Gold price approached 1828.70 level and bounced bullishly in an attempt to resume the expected bullish trend on the intraday basis, Therefore, the bullish trend will remain suggested for the upcoming period, and breaching 1842.00 / 1847.00 will ease the mission of achieving the expected rise, noting that breaking 1828.70 / 1825.00 will stop the positive scenario...

EirgTrade

Gold price found solid support at the 1828.70 level, to rebound bullishly and surpass the correctional bearish channel’s resistance, to hint heading to recover and achieve some expected gains in the upcoming sessions, targeting testing 1878.80 mainly. Note that the continuation of the rise and breaching 1878.80 will push the price to regain the main bullish trend...

EirgTrade

Its a study purpose only, The expected trading range for today is between 1.0565 support and 1.0660 / 1.0725 resistance.

EirgTrade

its study purpose only. The expected trading range for today is between 1806.00 support and 1844.00 resistance.

EirgTrade

The EURUSD pair attempted to breach the 1.0745 level yesterday but it closed the daily candlestick below it, to keep the bearish trend scenario active for the upcoming period, Therefore, I will continue to suggest the bearish trend on an intraday and short-term basis, noting that breaching 1.0745 and holding above it will lead the price to start recovery...

EirgTrade

I remind you that breaking the targeted level will extend the correctional bearish wave to reach 1788.20 areas on the near term basis, while breaching 1878.80 will stop the expected bearish trend and lead the price to build new bullish wave and regain the main bullish trend again. The expected trading range for today is between 1830.00 support and 1865.00 resistance

EirgTrade

Gold price shows new negative trades now in an attempt to resume the correctional bearish trend, and I believe that the way is open to achieve our next waited target at 1828.70, to keep the bearish bias suggested on the intraday basis.

EirgTrade

Gold price settles below the broken support of the bearish flag pattern, to keep the negative effect of this pattern active, waiting to resume the bearish bias to head towards our main expected target at 1828.70. In my opinion, the expected trading range for today is between 1828.00 support and 1870.00/1875.00 resistance

EirgTrade

its information purpose only Simple Drawing always works, buying channel clearly shows, in my opinion, if it crosses 18200, it will touch again 18435. The trading range for today is between 18083 support and 18200 resistance.

EirgTrade

Gold price kept its stability above the intraday bullish channel’s support line, starting today with new positivity to move away from this support, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to achieve our waited target at 1950.00. In my opinion trading range for today is between 1920.00...

EirgTrade

The EURUSD pair found solid resistance at 1.0890, to rebound bearishly and approach the key support 1.0745 again.

EirgTrade

Gold price reached the target at 1928.60 and bounced downwards clearly from there, to head towards achieving a potential decline. The expected trading range for today is between 1890.00 support and 1928.00 resistance. in my opinion

EirgTrade Updated 

Simple Drawing always works. in daily charts, it clearly shows a downward channel and now it's at a resistance point. if it holds and breaks the upward line then it goes up, but in my opinion, it will go down to its support line.

EirgTrade Updated 

US 30 is in the channel. if the channel breaks, I draw basic lines for getting an idea of where it will go.

EirgTrade

It's not that complicated, The chart itself says a lot.

EirgTrade

The GBPUSD pair shows bearish bias to draw minor double top pattern that its signs appear on the chart, which might push the price to achieve temporary decline to test the bullish channel’s support line around 1.2100 before turning back to rise again.

EirgTrade

Simple Drawing for getting an Idea In my point of view trading range for today is between 0.7050 support and 0.7140 / 0.7180 resistance

EirgTrade Updated 

The EURUSD pair faced strong negative pressure. Breaking 1.0100 will press on the price to continue the decline and achieve additional negative targets that reach 0.9950, while breaching 1.0200 resistance will motivate the price to provide new recovery attempts that start by visiting 1.0280 and extend to 1.0355 after breaching the previous level.