


JonChartis
Price is consistently close above 38.2% Fibonacci of Last week Bull candle which might indicate the price intend to make further correction upwards. Long EURUSD looks promising with tight stoploss around 1.1075.
As a result of delaying in Brexit Vote, Sterling might find some support before going Long again for the remaining days of the week. Any positive outcomes on Brexit will sparks bullishness of Sterling further. However, as the Fibonacci 78.6% awaiting as resistance zone at the price around 1.3075-1.3100 it might conclude that the upward movement is market intention...
With weekly and daily price closure maintain above 21-Day Moving Average, its indicate price is intend to move further upward towards 1.00 per share price. However, the closure of the price need to be consistently above 0.7500 to support the bullish movement. Best buy price is around 0.730-0.750 with Stop below 0.700.
As long as 61.8 fibonacci hold the price as support, I intend to Long the WTI with a target of USD60 per barrel.
The blue box might be an early entry on the cross which is around 1.6230-1.6200 region. However, I would prefer rejection occur at 1.6170-1.6180 level before Long. A price closure below this suggested buying price would send a signal that the Bear is trying to sink the price lower towards 1.6000-1.5900.
With current concerns on trade war between US and China as well the Brexit uncertainty, Long Gold against the USD seems promising. If the Fed's decision on keeping the interest rate lower is realise, it will support the bullish continuation on Gold.