Technical_AnalystZAR

Technical_AnalystZAR

Looking to sell Gold around 1833 resistance. The main outlook on Gold was always bearish observing monarch pattern on big timeframe W&M. Now we see a clearer trend which we can use to track movement closely. Fundamentally, there isn’t anything going on to push the price of Gold up. Let’s see how it goes

Technical_AnalystZAR

GER30 (DAX) Technical Analysis: Price currently trades within a bearish flag. I’m expecting a little push to the upside to create bearish bat/double top then a heavy drop from there. Strong bearish movement was observed last week, we’re anticipating a continuation this week.

Technical_AnalystZAR

Technical Analysis: GBPUSD. Bearish bat lurking on GBPUSD. Price is likey to drop from here this for the rest of the year.

Technical_AnalystZAR

Gold price still trading below our trendline and strong bears were observed yesterday. I’d like to see price drop to at least 1740 to complete the bearish bat . Sell signals on smaller timeframe were sent out in the course of today’s movement.

Technical_AnalystZAR

This is a crucially week in the markets fundementally. I’m expecting a breakout from long falling channel on W1& M1. On the Daily chart, we observe a wedge with all our technical objectives met, price may move higher today. Including AUDNZD EURNZD. NZDJPY is bearish.

Technical_AnalystZAR

Technical Analysis for USDCAD. Expecting a head and shoulder on H4 then fall from there.

Technical_AnalystZAR

Technical Analysis for Gold. Price is currently at the summit of what looks like a bearish channel/flag and is likely to drop from here as 1500 Along with the easing of rates last week, we may see a stronger Dollar in the coming weeks. (Please mind the chart, as I am sending this setup directly from my iPhone, I hope it’s clear. I unfortunately lost my PC but...

Technical_AnalystZAR

Closer look into NZDJPY technical analysis. Bearish flag forming in confirmation of the of our previous setup. Last stretch to 87.027 and drop from there.

Technical_AnalystZAR

Price arrives at the summit of the rising wedge. Technically we should observe strong bearish movement from here. Swing Trade

Technical_AnalystZAR

Opinion and speculations on GOLD remain unchanged, still bearish on the long run. Momentarily price is in construction of what looks like a bearish flag. Scalping opportunities if you observe todays movement. Price may drop to neckline (1748) and grow from there to resistance (1772). We will see what happens from there.

Technical_AnalystZAR

Rarely releasing currency pair setups but I couldn't ignore this one. Technical view on NZDJPY. The trendline is only there to show break of structure, my main bear indicator here is the (H&S) forming on H4. As the pair is already trading on resistance area, we're likely to see a drop in price as soon as today. PS(This is more a signal, than it is a setup). SWING TRADE

Technical_AnalystZAR

My bias still bearish on Gold. Price may push up to as high as 1770 in the early hours of today before a huge drop to at least 1720 as it still trades above 60% fib level of this particular pattern/structure. A familiar pattern is forming (H&S) on H4 and what looks like a bearish flag on miniature timeframe H1 and M30. EXISTING HOME SALES NEWS @ 15:00 CAT.

Technical_AnalystZAR

Gold prices fell to support on 1620 and pulled back past previous resistance 1664 very recently like we anticipated on our previous setup. The overall trend for gold is bearish as we observe a monarch pattern on W1. Technically we should observe a retracement to support 1664 in this coming week or 2. 'Bad news for economy is good news for gold visca versa'

Technical_AnalystZAR

Technical analysis for GBPCAD. Price is highly like to jump from support to at least 1.55 soon following release of labour data.

Technical_AnalystZAR

Technical idea for Gold, we're likely to see gold drop to support on 1620 this week before a possible reversal.

Technical_AnalystZAR

This is the Bitcoin chart and structure. It rests on support after a 3rd test on the trendline. I honestly don't know what drives BTC prices but on a technical perspective, these areas would be great for the purchasing of crypto as we await a bullish breakout.

Technical_AnalystZAR

My perspective on GOLD. Last week a strengthened US Dollar caused XAUUSD to slip below a yearly low which was last visited 9 Aug 2021. Technically, Gold is on an overall structure of a Monarch Pattern/Bearish Bat on large timeframe (W1&M1). We observed strong bearish movement which resulted in a breakout on support line(1680). The breakout is currently in retest...

Technical_AnalystZAR

Observe the reaction of NZDUSD as it looks to break out of small channel. D1 and W1 showing inverse H&S. With DXY looking to retrace, we may observe a rise in this pair for the coming weeks.