Gold is currently on two strong supports with a successful looking resistance (candle stick pattern) on those two supports at level 1675.000. our entry will be above the 1674.000 price level targeting 1782.000
US30 is currently sitting on a very strong resistance as indicated on the analysis supported by both wedges from H4 & D1 timeframe. with Entry bellow 32300.0 and looking for Tp1@25000.0 targeting the low 17000.0
EURJPY expected to buy above the 124.700 level after breaking a strong resistance held over 7 years with 1st target at 136.500 then 2nd target at 149.400. Subscribe to our YouTube channels @Alpha Trading to get full explained charts analysis.
After a broken support from a wedge, AUDUSD is looking to sell currently waiting for a pattern confirmation. Entry below 0.77500 Target 0.66000 stop loss above 0.77700
As for us going short on EURUSD is based on the 1.22000 resistance level which it just resisted few weeks back with a confirmation of a shooting star pattern on D1 timeframe on the 25th FEB. Targeting Tp1:1.13000 and second Tp2:1.05000 that is if it brakes the trendline shown above. We'll also be looking to buy at the trend line if it doesn't brake with...
Gold is heading for a strong support, expected to bounce back up with target level 1820. will only be on the look out for price action on the support to confirm the buying position.
US30 is right at the strong resistance from Feb 2018. Entry below 13900 and targeting 17000 with multiple take profits in between.
US30 is at the strong resistance of both the D1 wedge & weekly wedge, possible entries below 32300 targeting 24400 all the way down to 17000. Subscribe to our YouTube channel to get full analysis on lower time frames to be posted soon
GBPUSD has been running this uptrend for a year now. so it's safe to trade both the support and resistance, For now we sell down to 1.3500 level.
Nasdaq its looking good to sell, it has broken the 4 months support level, now retesting 13250 level for second time
Gold is looking to sell down to 1664 level after breaking a 3 month support before going long back to 1765.300