Theperfectionist

Theperfectionist Updated 

Natural gas has been selling off since the beginning of the year. With the EIA inventory cut due to the Atlantic Hurricane threat, we are likely to see a surge on prices. In fact, the energy commodity is still consolidating on a tight 0.130$ per unit range while being bullish. Possible targets: @2.500 (+40 pips or 0.04$ per m3) and @2.600 (+140 pips or 0.14$...

Theperfectionist Updated 

Gold has been consolidating for 2 weeks with clear levels of institutional supply and demand. Thus, the metal security is swinging in a 50.000 $ per unit or 5,000 pips range favorable for scalping between the extremums. However, the overall trend is bullish and prices jumped back after settling on the support zone. After the fed's chair testimony enlightening us...

Theperfectionist Updated 

Oil settled at the resistance zone by testing the institutional level of @60.000. The EIA inventory report showed a massive cut of 12M barrels last week while Russia and China agreed to extend their cuts on a 9-months span. The strong pullback from Friday June 28th had a follow-through on July 2th costing the commodity a 4.89% loss of its value. Afterwards oil...

Theperfectionist Updated 

After consolidating and attempting to drive prices upper, EURUSD lost nearly 1% of its value mainly due to the G20 summit overcome. Thus many resolutions and agreements are in favour of the US economy especially the will not to impose additional tarifs on Chinese goods and the Huawei deal. Odds of a bear continuation remain high. Possible targets: @1.12000 (+85...

Theperfectionist Updated 

Prices were subjected to a bear pressure after settling on the all-time high resistance zone . Without any follow-through, the US markets quietly recovered and reached the @7800.00 target for the second time. In fact, after the G20 meeting this weekend and the set of agreement resulting from it, the odds that NAS100 keeps a bullish momentum are high. Possible...

Theperfectionist Updated 

Oil settled at the resistance zone by testing the institutional level of @60.000. The EIA inventory report showed a massive cut of 12M barrels last week while Russia and China agreed to extend their cuts on a 9-months span. Prices remain bullish and we might expect a bullish continuation : However a strong pullback from Friday June 28th exalts us to remain...

Theperfectionist Updated 

The commodity has been on a continuous bull since the beginning of June's month, and settled on the resistance zone surrounding @1440.000. Prices are sideways and consolidating, waiting for a breakout. G20 meeting ended up with a series of agreements and negotiations, which might confirm and increasing odd of a bear pressure. Possible targets: @1360.000 (+40.00...

Theperfectionist Updated 

After a retest of the resistance zone that carries the high of the year and the all-times high as well, US markets are subjected to selling pressure. Volatility is to be expected at the end of the week with US major news like the initial jobless claim, the GDP annualized or the G20 meeting. NAS100 and its correlated pairs are likely to move to the support zone...

Theperfectionist Updated 

Previous view: Odds of a bull continuation are high, last trading week could be summarized by a consolidation between levels 7600.00 and 7425.00, eventually announcing a strong volatility next week. Actual outcome: Prices broke the @7600.00 target and bulls keep pushing. Actual view: Prices are still subjected to a bull pressure. Odds of a bull trend...

Theperfectionist Updated 

107.900 level which was attempted several times was finally broken. Bears are putting a lot of pressure, in fact we are more likely to test the low of the year 104.830. Possible targets: @107.000 (+30pips) and @106.000 (+130 pips). Advice: Stay bearish and sell at any high points while we don't break the 108.000 top level.

Theperfectionist Updated 

Previous view: Support zone was broken downward, confirming the bearish trend after 3 attempts. We were likely to test the low of the year @0.97200. Actual view: We tested the low of the year and odds of a bear continuation remain high. Possible targets: @0.96500 (+60pips) and @0.95500 (+170pips). Advice: Stay bearish and sell at any highpoint while we...

Theperfectionist Updated 

Actual view: After settling and rejecting on the support zone containing the low of the year, prices soared up moving to the old resistance area. Odds of a bull trend continuation remain high. Possible targets: @123.000 (+65pips) and @123.500 (+110pips). Advice: Stay bullish and buy at any low while we don't break the @122.000 bottom level.

Theperfectionist

The commodity has been on a continuous bull since the beginning of June's month, leaving a huge 10,000 pips (10,000 USD per contract or 100.00 per unit) between the actual trading price and the support zone. Odds of a trend resumption decreased but are still high unless we trade below @1400.000. Possible targets: @1460.000 (+60.00 per unit or 6,000pips) and...

Theperfectionist Updated 

Prices broke the resistance zone giving more room for a continuous bull trend, after forming a Higher Low @1.11800 near the low of the year @1.11080. Possible targets: @1.14500 (+50pips) and @1.15000 (+100 pips). Advice: Stay bullish and buy at any low point while we don't break down the resistance zone (became a support magnet) or 1.13000 bottom level.

Theperfectionist Updated 

The multiple failed breakouts on the support zone drove prices up to new highs. We are now close to a strong institutional level @60.000, while odds of a bull continuation remain high. Possible targets: @60.000 (+2000pips or 2.00$ per barrel) and @63.000 (+5000pips or 5.00$ per barrel). Advice: Stay bullish and buy at any low point while we don't break the...

Theperfectionist Updated 

The support zone earlier tested multiple times was finally broken acknowledging the bearish trend. Prices are heading to settled on a new support zone containing the low of the year @1.30680. Possible targets: @1.31000 (+80pips) and @1.30000 (+180 pips). Advice: Stay bearish and sell at any high point while we don't reach back 1.33000 top level.

Theperfectionist Updated 

Odds of a bull continuation are high as prices pursue their way to the resistance zone. However we could experience a pullback or reversal, in fact the resistance area rejected many upside breakout attempts. Possible targets: @0.66800 (+30pips). Advice: Stay bullish and buy at any low point while we don't break the 0.66000 bottom level.

Theperfectionist Updated 

After two failed breakouts on the support zone, prices were subjected to a bull spike. Odds of a bull continuation remain high. Possible targets: @0.70000 (+40pips) and @0.70500 (+90pips). Advice: Stay bullish and buy at any low point while we don't break the @0.69200 bottom level.