Euro has been choping the downside move from Sep 16th n now is going for a fall on the side of Euro n Auzi is gaining steam down to 1.64028 on the Euro n the price is now trading below 1.64436 which is the support for Auzi to push down on the Euro
The pair just tested the previous high at 186.799 n now there is no more room on the upside for the pound to keep pushing high. so the next look for is 180.583 as the first target, the 2nd is at 175.724 n lastly to conplete the downside run is at 173.466 happy trading #SMRAnalytics🇿🇦
this means that the Dollar wont be able to pull down in this weeks tradings most of the currencies are backed by bitcoin n as much as gold is the safe haven... most of investors are keen on pushing gold up to this just another way of me doing my analysis
Euro is trading above 1.11058 n now just created a support level for the Euro to push up at 1.11260 n looking to clear the next high created on Aug 23rd at 1.12032 as the next high on the EURUSD for the week Then 1.14209 is the next key after 1.12032 on the EURUSD pair
The Dollar has been weak n is getting weaker n the Rand is getting stronger by the day from point 17.88249 the Dollar has been losing its steam n the Rand has accumulating from those Dollar losses, now the price is trading below the Sep 12th n 16th and showing no real sign of breaking to the top side of the trend line to close above... The price will then look...
The Dollar has been weak n is getting weaker n the Rand is getting stronger by the day from point 17.88249 the Dollar has been losing its steam n the Rand has accumulating from those Dollar losses, now the price is trading below the Sep 12th n 16th and showing no real sign of breaking to the top side of the trend line to close above... The price will then look...
The price is trading below 1.11636 , yesterdays high which was tested more than once gor a drop, but if the line is broken to the upside during today morning seasons, the price will look more further to the upside, but is it resist to close above n remain below that price zone, then the price will look to clear the 1.10564 before moving up further....
Two point of the chart indicating the first and second legs of entries on this pair and how to trade it for profits, so look for a sweetable entry and make money around 0.83000 upto 0.83870 for the first leg run and then from there look for a more upward move to 0.85190 as the second leg of the upward run... 🤝🏽
Price broke the 0.83670 price mark with a breakout to the top now the nest target is 0.85636 for the coming trading sessions on the NZDCAD 🤝🏽 Happy trading
AUDNZD to move up to 1.09823 to clear it for the price on the Auzi Dollar to move down to 1.09574 and a break at 1.09574 price level to the downside will push the Auzi further down to 1.08331
The price still has to clear 1.89694 to have an upwards retest to 1.90936 for is to gave a strong drop down to 1.86661 for a weaker Pound
The pair is trading at 0.90862 just below the previous high of 0.90955, if the reject persist, then the pair will push down to 0.90300 before going further to the downside at 0.89646 for a new low on the Dollar amd Swissfranc...
The confirmation has confirmed the downtrend to 36389.46 from 63200.00
XAUUSD to drop from 2360.706 to 2350.372 and a rejection at 2347.472 the go up to break the remaining support which are now reaistance at 2360.709, 2368.874 , 2376.873 , 2392.348 and then a long awaited high on XAUUSD which is at around
Yellow line scenario 1 Price is looking to move higher neglecting the tested price whuch are close and cleared Blue line Scenario 2 The price would look theretest the cleared levels before heading up to its highest price
Still going to clear the 112 price level for this year....
Two scenarios on the chart by dotted colours.... Moving up sideways? or dropping down hard?
XAUUSD is now trading above 2389.000 price level which is the lowerhigh of 19 April 2024, in friday XAUUSD closed at 2392.070 Now the shown dotted inclined sideways pattern may occur clearing the lower lows going in and upward incline XAUUSD is looking to clear the 19th April 2024 Higher high to create a new high to push the market up for the remainder of the year