F0rexBorex

F0rexBorex Updated 

XAUUSD levels for the coming week. Looking to enter a buy at 2645 expecting 2652 to 2654 as first resistance level. If we break expect 2658,2660,2665 before hitting 2678 to 2680 if we break these levels then 2700 + For a sell I would look to enter at a break of 2630 which is fibonacci level 0.618 expecting to fall to 2620 and 2612 next . If you want a safer...

F0rexBorex

This week we are looking for a sell at 2649.33 with a target to 2595.7 which is 530 pips. Trade is based on the higher 4 hour and 1 hour timeframe. My recommendation after market opens is to monitor and enter a buy up to 2649.33 target 150 pips and on break and retest then enter a sell to 2595.7 securing on the way in case of reversal as this level could see...

F0rexBorex Updated 

This week we are looking to sell gold when it reaches the top of our 4 hour channel. On the 4 hour chart I have drawn some trend lines which indicate a flag pattern forming , by adding Fibonacci re trace and noting the 0.618 area it gives me an indication of where gold will push to. However this will not be our entry, if you look left on the chart you can see...

F0rexBorex Updated 

Gold weekly chart with Buy and sell levels. Gold traded bearish for the month end. Indicators on the monthly chart Stochastic is at extremes and when you see this we normally follow for a correction. RSI showing overbought MacD at extremely high levels and convergance meaning a fall. For a sell entry ill look at entering at 2638 expecting 2630,2622 and...

F0rexBorex Updated 

USDJPY sell idea. Wait for level and reject sell entry at 150.250 , TP1 147.382 (288 pips) TP2 146.485 which is weekly support. My plan if we don't gap up is to buy to 150.250 and expect a rejection at that level. Method Higher time frame analysis , trend lines from weekly and daily levels and fibonacci levels. As always trade safe USDJPY can be a very...

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GBPUSD short target 140 pips Trade based off higher time frame , support and resistance and trend lines. After an initial rise approx 22 pips expecting it to reach high resistance and retrace to target. target is 140 pips , advising to secure here by moving stops, we could have further downside note the gap highlighted on the right of chart and that will more...

F0rexBorex Updated 

Crude Oil weekly chart with Buy and Sell levels. Oil this week closed at support level MACD trading bearish wait for crossover to confirm bearish on the weekly chart. On the downside 66.00 break confirms bearish movement on the upside 72.5 would confirm that Oil is making a break to the upside . Considering this I would enter a buy at 68.04 expecting 68.07 and...

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EURUSD sell opportunity for the coming week. Trade is based on higher time trend lines and key levels of support and resistance. Expecting initial rise to key resistance at 1.059 which is approx 20 pips before retracing back to support at 1.04975 which is our take profit level for 100 pips. As always trade with good risk management , entry is based on test and...

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Looking to enter a buy at break of trend line at 1.2510 , target Fibonacci level 0.5 (Golden Zone ) which is 1.26006 level for 90 pips profit. As you can see at the moment we are getting support at the 9 ema. Trade is based on the break of trend line on the 4 hour chart. Fibonacci levels included and 0.5 1.26006 would be TP. As always trade safe don't...

F0rexBorex Updated 

Planning on buying gold from previous support level at 2367 expecting rejection here and a tp of 2722. This is close to entry at the moment on the 30 min chart. Best way to enter as always is break and retest.

F0rexBorex Updated 

One to watch out for today. Waiting for a pull back to 2633 wait for break retest and we will buy. My Tp is 2722 , this is high resistance , there could be a multiple opportunities to buy at retrace. Trade is based on Fibonacci levels and trend lines on the higher time frame. As always use proper risk management when entering these trades

F0rexBorex Updated 

USDJPY long based on trend lines 4 hour and 1 hour. Entry on retracement down to previous support level. Entry at 154.397 and TP 155.720 targeting 134 pips. Fibonacci levels confirm entry point at 154.317. Chart is on the 30 min

F0rexBorex Updated 

Gold weekly chart with buy and sell levels. One difference this week i added a possible buy at retracement at a key level of 2672. For a buy looking at entering at 2724 and a sell looking at 2708. Markup is based on key levels of support and resistance and have also used Fibonacci levels to check out these levels. Trade safe with proper risk management don't...

F0rexBorex

Gold expecting a small retracement at market open to test Fibonacci level 0.618 , as you can see we are forming a base here after multiple attempts. I am going to buy at this level 0.618 or 2694 and hold until we reach 2750 which is a profit of 572 pips. Trace is based on daily trend line and Fibonacci levels as well as key support and resistance levels. As...

F0rexBorex Updated 

Back again with another swing trade this week, utilizing trend lines and Fibonacci levels. I anticipate that upon opening, Gold will rise approximately 120 pips before reaching and adhering to both the daily trend and the Fibonacci 0.618 level, followed by a retracement. Setup: At the Asian market open, aim for a buy up to 2578/9 for an estimated 150 pips before...

F0rexBorex Updated 

Looking to sell gold when it rises to 2697 expecting it to continue to fall to 2657 which was previous support. Trade is based on higher time frame trend lines and supported by Fibonacci levels , 0.5,0.628 marked out on chart. You can see that Gold broke the daily level of resistance as well as the 4 hour resistance too there is a chance for gold to open bearish...

F0rexBorex Updated 

Gold 1 hour chart key levels with both buy and sell entries For a buy look to enter at 2691 expecting 2696 to 2704 2710 which will be high resistance but if broke then 2720 2732 2740 2750 2765 2785 2800 2804 2820 On the downside ill look for a sell at 2678 expecting 2674 2664 to 2662 which will be resistance 2650 2640 high resistance 2628 2618 high...

F0rexBorex

USDJPY SHORT TARGET 200 PIPS This week we are looking to short USDJPY from 153.500 to 151.209 which is 230 pip target. Election fever should be calming down in the coming week and expecting to see a correction in the USD in the next few days. Trade is base on a few different conditions, I have marked the fake breakout and also the formation of a head and...