Technical_AnalystZAR

Technical_AnalystZAR

Many traders are going to be taken out of this trade because of being impatient. Price still has some room to rise to the resistance. Look for sells around 163.650 to 163.700. Price is likely to hike tomorrow after GER CPI data at 09:00 (CAT) , reacts when price reaches trend line.

Technical_AnalystZAR

Last week, we witnessed a strong downward movement following NFP release. Price is currently is bearish pattern, this is our outlook for GU for, to possibly play out in the next 2-3 weeks.

Technical_AnalystZAR

GBPUSD will retest support 1.253 and the begin its journey to the moon and we will be there. Go long with us on GBPUSD at 1.253 and we will hold the trade for a good 3 MONTHS. 1st targets will be at 1.31, 2nd targets at 1.45.

Technical_AnalystZAR

18.66 has proven to be a strong zone for this pair. Throughout the past 2 years, price has shown strong reaction in this area. I see price rising to 19.60 in the next month. Let me know what you think in the comments.

Technical_AnalystZAR

Gold price reaches long awaited resistance 2046-2048. I would like to see price drop massively from here with targets 1990 and beyond. USD further strength can be expected by the end of today.

Technical_AnalystZAR

I see price reacting on resistance 2034.5 and falling beyond local support 2015, to 2003. Sell and hold. From 2003, price will recover immensely, possibly going beyond 2062.

Technical_AnalystZAR

Overall, this pair is bullish as we understand that the pound has always had the edge over the dollar. Price now trades in a tight consolidation and awaits a break-out. I see this pair breaking out soon and reaching resistance 1.45 in the near future, and beyond that to 1.7. This is the kind of trade you execute and delete your trading platform for a good 3...

Technical_AnalystZAR

This pair is trading in a bullish trend. Continuation from 18.8 all the way to 19.5 and possibly beyond.

Technical_AnalystZAR

AUDUSD is trading in a bearish channel, price will drop to the trendline and beyond this week.

Technical_AnalystZAR

Firstly, on Monday we blinked, then Gold prices soared to 2100, and immediately dumped to 2030. Gold is in an area where it would favour sells because of the demand zone, however, let’s not ignore last week’s strong bullish performance. Could this be a breakout to the upside? 2020.00-2029.00 seem to be holding steady. Price will be very volatile tomorrow in...

Technical_AnalystZAR

USDJPY is turning around after a long push towards the upside. Price is already in a bearish trend from last week. Continuation from here

Technical_AnalystZAR

The overall weekly structure of GBPJPY is a Double Bottom which is near the neckline. We anticipate a break on that neckline before the end of the month. NB: GBP GDP statistics release at 09:00 CAT.

Technical_AnalystZAR

USDZAR is very bearish. The pair has been falling for the past weeks now. It's time to continue down.

Technical_AnalystZAR

I see a lot of analysis on GBPJPY and most are bearish. However, lets keep in mind the overall structure. The GBPJPY structure is bearish, and it will crash soon. But for now, the chart is giving off bullish signals up to 190 at least.

Technical_AnalystZAR

Would like to see USDJPY drop from this resistance. Price usually reacts violently in these areas, keep eyes open for strong movement possibly to the upside but most likely down.

Technical_AnalystZAR

AUDUSD has been free falling for quite some time now. Price may rise from strong support with what seems like a double bottom. Positive economical data from China will boost struggling AUD.

Technical_AnalystZAR

This is what USDCAD looks like ahead of CPI release 2:30 SAST. I would like to see price hike from here considering DXY strength this week and likely positive data.

Technical_AnalystZAR

USDZAR price drops sweetly to newly established support at 18.85 early this week 11-15 September. Price recently broke out a bullish channel and this looks to me like a retest. Now would be a good time to buy and exploit the possible weekly and monthly pullback.