JamesSpindler

JamesSpindler Updated 

This commodity has been showing healthy upside in the recent weeks / months due to the global uncertainty starting to affect the dollar. I recon we still have room for further upside as we managed to produce a higher high and break through the current resistance. Make sure you take profit at 1500, as we will likely see a huge drop downwards after that point....

JamesSpindler

USDCHF is correlating for further downside on the daily perspectives with a death cross forming between the 50 and 100 smoothed moving averages. Currently aiming for an ultimate TP of the April 2018 LOW, however check price action at each fibonacci level for early TP.

JamesSpindler

Downside is present for higher time frames after failing to hold above the Fibonacci level shown. 50 + 100 SMA included in SL for room, the price may continue to 200 SMA if it exceeds these levels.

JamesSpindler

USDJPY - UPSIDE As per USDCAD, we have upside present for this pair most likely down to the DXY and it's strength today. Enter with caution the Dollar could fall this week due to interest rate decisions, however the price has likely already been priced in.

JamesSpindler

USDCAD - UPSIDE Higher time frames always win, we have clear support shown as well as the price slowly making it's way through the smoothed moving averages shown.

JamesSpindler

Swing trade oppertunity for XAUUSD back down to the trend line as shown, to then prep for new highs.

JamesSpindler

Hitting the daily support for this pair, could signal a strong reversal as shown previously within the chart.