GOLD XAU / USD Potential buy opportunity As long as the highlighted key area is holding as a support; My preference is long positions on XAU / USD with a First target @ 1729; Second target 1735; While a break and close below the highlighted key area will expose 1705 and then 1700.
OIL / USD Potential buy opportunity As long as the highlighted key area is holding as a support; My preference is long positions on OIL / USD with a First target @ 33.10 ; Second target 33.50; While a break and close below the highlighted key area will expose 31.20 and then 30.80
GBP\USD Potential Buy opportunity As long as the highlighted key area is holding as a support; I am going for a long position on GBP\USD with a first target @ 1.2300 ; second target @ 1.2330
XAU / USD is under pressure As long as the highlighted key area is holding as a resistance; My preference is short positions on XAU / USD with a First target @ 1697; Second target 1690 While a break and close below the highlighted key area will expose 1721 and then 1730
EUR / USD Short term signal As long as the highlighted key area is holding as a resistance; My preference is short positions on EUR / USD with a First target @ 1.0930 ; Second target 1.0910 While a break and close below the highlighted key area will expose 1.1030 and then 1.1060
OIL / USD Short term signal As long as the highlighted key area is holding as a support; My preference is long positions on OIL / USD with a First target @ 35.10 ; Second target 35.70 While a break and close below the highlighted key area will expose 33.20 and then 32.80
Possible head and shoulders formation on EUR/JPY daily chart that will be confirmed by breaking the neckline. Breaking of the highlighted red zone will target 119.800 then 121.000
Two scenarios for GBP/CHF Bullish scenario I will be waiting for a break and retest of the highlighted red zone which is currently serving as a resistance to go for a long position with first target @ 1.2050 and second target @ 1.2150 Bearish scenario I will be waiting for a break and retest of for the minor uptrend which is currently serving as a support to go...
GBP/USD Short term signal As long as the highlighted key area is holding as a resistance; I am going to short GBP/USD with a first target @ 1.2130 ; second target @ 1.2100
USD/CAD Short term signal As long as the highlighted key area is holding as a resistance; I am going to short USD/CAD with a first target @ 1.3970 ; second target @ 1.3940
GOLD XAU \ USD Short term signal As long as the highlighted key area is holding as a resistance; I am going to short XAU \ USD with a first target @ 1717 ; second target @ 1710
EUR /USD Short term signal As long as the highlighted key area is holding as a resistance; I am going to short EUR/USD with a first target @ 1.0855 ; second target @ 1.0840
After Falling from $34.70 to $30.70 ; USOIL bounces back to $33 but now we can now see price rejection from the highlighted area which is considered as a previous resistance that has been tested multiple times in addition to the 50% Fib. projected from $34.70 to $30.70 and finally the 50 Exponential moving average. This is an important level to watch for a...
GBP/USD Short term signal As long as the highlighted key area is holding as a resistance on the Daily time frame; GBP/USD is for short only with a first target @ 1.2150 ; second target @ 1.2120 & third target @ 1.2090
GBP\CAD Long term signal I am going for a long position on GBP\CAD with a first target @ 1.7150 ; second target @ 1.7230 & third target @ 1.7300 I will close half of my position when target one is hit and move my stop loss to break even. Note: GBP\CAD break the upper boundary of the descending channel and MACD is creating a bullish divergence.
USD\JPY Short term signal I am going for a long position on USD\JPY with a first target @ 107.75 ; second target @ 108.03 & third target @ 108.50 I will close half of my position when target one is hit and move my stop loss to break even.
AUD/USD Short term signal As long as the highlighted key area is holding as a resistance; I am going to short the AUD/USD with a first target @ 0.6500 ; second target @ 0.6480 & third target @ 0.6450
EUR/USD is consolidating between 1.0800 and 1.1000 Bulls are waiting for a break above the 1.1000 psychological resistance to confirm their control over the performance. The pair will remain in a narrow range until the European approval of the German-French initiative to stimulate the European economy in the face of the effects of the Corona virus. Despite the...