Expecting GU to respect the 1.36 region and ultimately push to the upside into 1.38; tapering off from that level later in the week.
How lovely this would be for the short term... I think I'll take it!
Short term sell here caught for about 42 pips... Should be clean.
EUR/USD is officially in consolidation by my standards it's tapped the range twice on either side from 1.10 to 1.11. Now because of this, I see EUR/USD falling back down to 1.10 and if it can break and retest the zone I see it falling the same amount of distance as the consolidation range towards 1.088. Let me know your thoughts. Still learning!
Expecting USD/JPY to recover. I think we can expect this considering the only reason UJ dropped as much as it did was because of Trumps comments... which I won't touch on but will shake my head. Let me know your thoughts guys. Still learning!
If it can remain above the zone I'm bullish however it breaks I imagine GJ will take a big dump.
I'm relatively new at this guys. But, I'm pretty confident in gold picking it back up and rising 500 pips to 1473. Ultimately, if it can break 1480 I see it continuing to the 1500s. Let me know your thoughts. I take constructive criticism well!
It looks like we can anticipate some pip fall. As we can see traders are building up around 1.33. At the end of last week, we closed with a doji on the 4-hr timeframe right below this zone suggesting bulls losing momentum. I imagine that we will see price lollygag or manipulated a lil higher especially on the smaller timeframes before showering pips. Let me know...
Aside from the fact that it's actually raining where I am, I see gold retracing about 50% to recent levels and then falling again. I'll then be looking for re-entry if it breaks and tests 1463.00.
Quick short on EN. Thinking this will be temporary, however I will look for continuation if it breaks and tests the 1.714 region.
Looks to me like EA is cooking up a decent short on the hourly. I see this being temporary but we shall see as EA falls back down to test the 1.621 region.