ForexSniperKingsJRNtele

ForexSniperKingsJRNtele Updated 

Above is the analysis for XAUUSD(GOLD It has been trading in a rising wedge which we broke on Friday the 23rd of July 2023. I see a possible retracement in our demand zone, and I'll be looking for selling opportunities. Use Proper Risk Management and proper confirmation

ForexSniperKingsJRNtele

Good day traders. Today we'll be looking at the US Dollar Index. As you can see from a bigger timeframe, the US Dollar is Bearish. We tested our major resistance on Monday the 14 of August 2023 and we can see price rejecting this level. I see some selling opportunities as we have been also trading in an Uptrend on the 4 hour time, and I'll be looking to take an...

ForexSniperKingsJRNtele

Hey Guys, USDCAD broke out of the uptrend we had on the M30 timeframe. We then came back to retest at our previous resistance, so I'll be expecting the market to continue bearish to our support at level 1.31786

ForexSniperKingsJRNtele

Hey guys GBPUSD was Bullish until it brokeout of the rising wedge on Friday the 12th of May 2023. Since then we have been Bearish. Right now GBPUSD has been trading on the support level 1.24300. I expect to see Bearish momentum continuing once we break the support level and retrace. Furthermore Bearish momentum will continue towards the support level 1.21750.

ForexSniperKingsJRNtele

Hey guys, USJPY has been trading in an uptrend and broke the key resistance level 137.800. We will look for a possible retrace/pullback confirming our buying opportunities and continue with our Bullish momentum towards our resistance level 141.900.