ROYALRYFX

ROYALRYFX

As we can see NZDUSD have been consolidating for a while. We have a huge bearish moment with a large bearish candle. We are currently in support level. We believe that we will break it because of the strong closure in last Friday. So for this reason we will wait for a breakout and retest before entering some sells. We believe that we will get a beautiful...

ROYALRYFX

On 4HR chart we reached these support level and we had a nice rejection. However i'm waiting for a clear breakout in order to enter some sells. If we go on the daily chart we can see that ERGBP made a double top at 0.91370. For me the pair is not bullish at the moment and waiting to enter some sells if i see a break to the down side.

ROYALRYFX

EURUSD possible short opportunity. EURUSD hit resistance and made a double top cypher pattern. I expect it to drop to the next support before any bull run

ROYALRYFX

I wrote about the bullish narrative for NZDUSD on July 5th. But can buyers keep this trend reversal going? The false break I’m referring to occurred below a multi-year trend line. I discussed this move at length and how a monthly close back inside of this wedge would confirm the false break. June’s close did just that, which is why I became bullish on the New...

ROYALRYFX

I expect price to grow till resistance @1.78950

ROYALRYFX

AUDNZD possible short opportunity. I expect price to be rejected and fall to support. If you like this ideas please like and follow.

ROYALRYFX

Head and shoulder pattern. Waiting for neckline to be tested.

ROYALRYFX

Since july i have been posting about GOLD being a long opportuniy. I’ve liked the metal higher for months now, and I’ve stated in the past that a close above 1800 could pave the way for a run at all-time highs near 1900. XAUUSD managed a close above 2000 yesterday. As long as it holds as support on a daily basis, I like the idea of a move higher, perhaps to...

ROYALRYFX

My view on USDCAD is still the same as the last weeks. Currently i have four running trades. Three from last week and one today I expect USDCAD to move further UP to the resistance level

ROYALRYFX

NZDUSD Triple top. NZDUSD yet another failed attempt to break resistance. I expect NZDUSD to fall support before attempting to break resistance again.

ROYALRYFX

GBP exploded to the upside against the JPY again, as we have seen the 139.00 level. This is an area that we have seen selling in the past so I would welcome any pullback as a potential buying opportunity at lower levels. Of particular interest for me right now is the 137.50 level, where I see support on short-term charts. I personally do not have any interest...

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We had expected the level at 75.53 might act as resistance, as it had acted previously as both support and resistance. Note how these “flipping” levels can work well. The H1 chart below shows how the price rejected this level near the start of last Tuesday’s Tokyo session, typically a great time to be trading currency pairs or crosses comprising the Japanese...

ROYALRYFX

XAGUSD(silver) last week retested 23.20 support, and also closed above the 23.20 handle. As such, any retest of 23.20 will likely attract buyers, but don’t expect it. Given the bullish momentum last week, XAGUSD may decide to pull up this week to resistance of 26.00 without pulling back. Time will tell, but either way, I’m anticipating a move to 26, 35, 44, and...

ROYALRYFX

XAUUSD (gold) continues to perform exceptionally well. And I don’t see that changing anytime soon. Will we have pullbacks? Of course. But I’ve maintained for months now that I’m a fan of buying pullbacks into support or bullish breakouts. That hasn’t changed, and probably won’t for the next few years. With XAUUSD now above its all-time high just above 1900,...

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GBPUSD played out beautifully for those who caught the idea I posted last week. In fact, I’ve been talking about the potential for a higher GBPUSD for the last two week GBPUSD Technicals. In last week’s forecast, I discussed how a close above 1.2815 would target 1.3000. Buyers secured a close above 1.2815 last Monday and reached the 1.3000 target by...

ROYALRYFX

EURUSD trended higher again last week but lost some momentum in the final hours. This entire second leg materialized in early July following the close above a bull flag pattern. I also announced to my members that I was long EURUSD back when the pair was trading below 1.1600. That long position from 1.1600 remains open today. Despite Friday’s pullback, I think...

ROYALRYFX

USDCAD broke the trend line now heading towards 1.3600 i have three trades running in profit SL 1.33200 TP 1.35600 if you like our analysis dont forget to like and follow

ROYALRYFX

if you like our analysis please like and follow