Preferred direction: SELL Comment: Despite the fact the level of 1938.915 is still a support, most likely this line has been passed by buyers and a short-term fall towards 1900 should be expected. We should not forget about the speech of the head of the Fed in Congress, which will most likely generate volatility in the market. In this regard, it is better to...
Preferred direction: BUY Comment: The EURUSD currency pair continues to trade near the level of 1.09526, but buyers are still unable to close higher. For potential growth, this is a necessary item for a successful entry point with a small Stop Loss. It is also necessary to remember about the SELL-set up, if the sellers still manage to close below the local...
Preferred direction: BUY Comment: In the near future, it is very likely that the US dollar will weaken (short term). In anticipation of this, an excellent formation was formed on the GBPUSD pair. The potential move to the level of 1.28484 (minimum). Important conditions for. Thank you for like and share your views!
Preferred direction: BUY Comment: Closing the price above the local resistance 76.30 creates a potential movement for buyers towards 77.39. This will be another major buying hurdle as it is medium term resistance. Given the context of the price movement towards this resistance, there is a very high probability of a breakout to the upside. Perhaps this will not...
Preferred direction: BUY Comment: The focus of attention still at the level 1.09526, that acts as a local resistance. The closest approach to this level, combined with a price close above this level, will generate buying in the market with the target at the level 1.10677. Closing the price above the level may be today. Thank you for like and share your views!
Preferred direction: SELL Comment: Metals today are going through a difficult time. Due to the small bull market, the metal is not in demand. Based on the volumes and technical analysis, it can be seen that the instrument is also in the local authority of the seller. The downward movement is likely to continue, at least to the level of 1938.915. This support...
Preferred direction: BUY Comment: Over the past week, buyers have significantly pushed the price up and fixed it at the highs, preventing the instrument from rolling back lower. Most likely, the movement against the dollar would continue for many instruments, and especially for EURUSD. Active trades will definitely resume only on Tuesday, it is on this day...