Nipri

Nipri

OANDA:XAUEUR Price bouncing along a Bearish Channel Price mostly respects its channels and we'll be expecting this to do the same DISCLAIMER This is just for analysis purpose and it is not an investment advice to take any trade. It is just an insight to what may possibly occur.

Nipri Updated 

OANDA:XAUUSD

Nipri Updated 

OANDA:XAUUSD Price has been bouncing off a Rising Wedge and should hit a Minor Resistance at 1745.301 (Level (C) of the Elliot Wave) We may get a bounce off at that level all the way down to the next level of Minor Support area at 1697.715 (Level (B) of the Elliot Wave) At 1745.301 (Minor Resistance) area, we should be looking out for a Bearish...

Nipri

FX:EURUSD Price got to a major Resistance area @ 1.09885 and reversed back down breaking a supporting trendline @ 1.09316 making that a new resistance trendline. after the retest of the new resistance trendline above, the expectation is that price would return to the major support area around 1.07800

Nipri

FX:USDJPY I'm expecting a reversal somewhere around 107.073(Minor Support) all the way up to 107.690 forming/completing the Cup and Handle chart pattern

Nipri

FX:USDJPY It has already been bouncing on a bearish channel and possibly still has one more lap to go

Nipri

FX:USDJPY After ranging in a Bullish Wedge, price broke the support @ 107.695 and came back to retest forming an Inverted Hammer at the new resistance Probability is that a Flag is about to form with an exit around 107.003

Nipri

FX:USDJPY Technical 1.) Pivot @108.039 has been broken and should probably go for the next major level of Support at 105.100 based on Supply and Demand Fundamental 2.) Jobless Claims in the US last Thursday had a great dovish impact and this week expect to see the same or maybe even worse hence my analysis

Nipri Updated 

Lets See How This Plays Out over the next couple of days !!!

Nipri

This what i think, it should to about 0.93596 for the next cycle