ForexAlpha7

ForexAlpha7 Updated 

USOIL approaching a point of reversal. if the resistance at 93.42 hold expect the drop down to 88.45. from 85.45 zone , the price reaction at this point will determine if price will hit 97.00 or drop further down. this is the weekly out look on usoil. stay tuned for regular update once I trigger any trades.

ForexAlpha7 Updated 

I will be going short on XAUUSD. market opened earlier with a little gap, gap has been filled ... and price moved back up to retest the zone marked above @ 1681 t0 1679. if price continues to trade below this level I will be going short.

ForexAlpha7 Updated 

AUDUSD price is approaching 0.6500, am looking forward for a retrace back down since price has rallied to a major resistance, am expecting a drop back to to 0.6395 from here will determine what will happen next just as marked out in my charts... if the support breaks then will ride it down, if it holds expect more bullish moves to 0.6700

ForexAlpha7 Updated 

XAUUSD still bearish... am still looking for further drop to the downside 1600. if price will be bullish or trend upwards it must first touch 1620 t0 1617 if the support hold then i can look for long position. but once breaks this price level expect more dump.

ForexAlpha7 Updated 

XAUUSD after the news release might look random but its not if you take a closer look earlier on my analysis that i posted. price hit all the major price tags both for buys and the Sells. price currently at 1635 am expecting price to drop abit down to the support at 1630 if it hold expect a rally back to 1650 to 1655 then from the reaction of price at this point...

ForexAlpha7 Updated 

AUDUSD currently at a resistance zone @ 0.6370, if you look closely you will see that price has retested this level in which it broke out from yesterday... if price continue to trade below 0.6370 then i will be going short down to o.6302 as my firsst target if it breaks expect more drop to 0.6215

ForexAlpha7 Updated 

XAUUSD currently finding support at 1638, from the chart above am expecting price to pullback or close to the support. and if the support holds i will be going long, but if the support breaks expect further drop to 1618. if the long scenario hold from the support 1638 , then I will be expecting a reversal from 1660 to 1665 back downwards stay tuned for live...

ForexAlpha7 Updated 

in my own little opinion am expecting XAUUSD price to touch 1650 before we can see any massive bullish rally upwards. there's a supply zone at 1665 if it holds expect price to touch 1650, from the reaction we get at 1650 price point will determine what will happen next. pls always look out for candle stick formation and trend progression on 15mins timeframe...

ForexAlpha7

SELL trade set up for usoil 90.29 is the current resistance zone if price continue to trade below this level expect the drop down to 85.36, if ths level which is currently acting as a support breaks expect it to drop further down to 82.20

ForexAlpha7 Updated 

I will be going short on gold from 1656 price point. here you can see gold is current in a supply zone, if price continue to trade below the previous high which is at 1662.6 and I see a bearish candle progression on the 15mins i will enter this trade... am looking forward for price to drop to 1638, then if the support breaks expect it to drop further to...

ForexAlpha7 Updated 

Xauusd currently trading 1670, the current resistance is 1670 if price continue to trade below this resistance and on this supply zone i will be going short once price pull up to 1663 to 1669 . but once the 1670 resistance breaks I will be looking forward for price to pull up further upward to 1680 before drooping back down to retest the broken resistance ...

ForexAlpha7 Updated 

XAUUSD expanded earlier and dropped back to 1625 support and currently resting on a demand zone , if price continues to trade above 1625 I will be going long to the next resistance which is at 1640... from the reaction at 1640 will determine if gold will continue bearish or trend further to 1680

ForexAlpha7

AUDUSD looking bullish market might open with a rally to the upside once Asian market opens . but please don't react and jump on the long position the best and optimal area to buy will be above the the current resistance or when price retrace back to the current support which is at 0.6272 am targeting at least 150 pips to the upside at 0.64330 always wait for...

ForexAlpha7

XAUUSD has been ranging very close to 1640 support level, and if u look closely o the 1hr time frame you can see the chart forming a reversal partner which clearly showing a potential move to the upside. I will be waiting for price to touch 1645 or very close to that before going long... expect price to hit 1680 . another important price point to look out for...

ForexAlpha7 Updated 

Quick update on the current price on XAUUSD. after the drop earlier am expecting price to retrace abit towards the upside beforer dropping down further... expecting price to pull up to 1659 at this price point is best for a high probability sell set up. once the current support @ 1640 breaks, I will be looking to add more sell positions as marked in my chart.

ForexAlpha7 Updated 

from my previous analysis on gold earlier this is my first trade of the week. going short am expecting gold to drop from the current resistance down to the support @ 1641. if ithe support breaks expect further down moves

ForexAlpha7

XAUUSD continues to drop, price currently trading above 1641.35 which is the current support. if the current support holds i will expecting to see a slight move to the upside towards the 1683 which is the current major resistance the second scenario here is if the current support breaks which is @ 1641.35 then I will be expecting price to drop further down to...

ForexAlpha7

AUDUSD currently trading above 0.61726 which is the current support and a very important zone at this time, if this support @ 0.61726 hold then will might be seeing some up side towards 0.63573. as I mentioned earlier this is an important zone which means if the zone breaks then we might be seeing price drop further to the daily low as of 2020 @ 0.5990 stay...