Mushraat

Mushraat

Crude oil is still looking north towards $51-52 which is a neckline for a positive inverted head and shoulders pattern and trend line resistance. it should be supported above $44 which represent trend line support

Mushraat

NZDJPY could retrace back from top of triangle

Mushraat

Gold is forming a descending triangle but with positive divergence which can hint a breakout soon, we will watch closely for $1260 breakout to target 1280-1300 levels

Mushraat Updated 

EURUSD is about to test 1.0960 levels soon before testing back the brokern triangle trendline at 1.1040, a break below 1.0960 levels will trigger sell orders to target 1.0750-1.0800

Mushraat Updated 

Watch for rising wedge breakout specially with a negative divergence on the daily basis. Target could be 1.2877 in case we head south. Trade on your own risk FX:USDCAD

Mushraat

Inverted head and shoulders pattern is viable on the daily chart but we need to see a clear breakout for a medium term buy signal that could target initially $62 levels

Mushraat

After Breaking Medium-term bullish trendline and failure test, death cross now is showing up to hint bearish continuation

Mushraat

GOLD is expected to be supported above 1180, buyers should watch these levels that could provide new entry to buy gold to target 1225 - 1260 levels. Break below 1180 levels on daily basis will bring bearish scenario in play towards 1140

Mushraat

NZDUSD made a nice breakout through many resistance levels and succeeded to catch upside momentum, 0.7875 levels will be in sight

Mushraat

BULLISH BAT PATTERN SUGGESTS UP TREND MAY RESUME, TARGETS ARE 1.0830 and 1.10

Mushraat

EURUSD still trades in the channel, only daily close above 1.10 will trigger bullish momentum towards 1.14 levels

Mushraat

Gold now is in descending channel, any breakout of 1180 levels will target 1205 levels "38% fibonacci" and my reach even further 1225 levels "50% fibonacci level", any reversal from 1180 level will bring bearish scenario continuation to 1130 levels

Mushraat

Nymex Crude oil starts to break monthly trend since may 1999, any monthly close below this line will target $33-35/barrel

Mushraat

Round bottom formation inUSDCAD could be completed at 1.29 levels

Mushraat

As long as Gold is trading below $1300/oz, we can enter a small short here targeting 1260-1265.

Mushraat

USDJPY is capped by 20 & 50 Daily moving average at 118.60 suggesting pullback near 116 support levels

Mushraat

breaking long term trend since 1999, expecting to head south to $39