Disclaimer is ON, currently the price try to push higher however keep declined at level 1.3550 area - I am still bearish for short term after keep declined at level 13550 - I am opening SELL for USDCAD for short
disclaimer is ON, My POV which is relevant with gold price - based on weekly Time frame, - It looks the price will be hitting to the next level ( which 2200 as it has been forecasting) and it looks like that it will be declined after that and I am assuming based on EW, the price could be rejected and it will be heading to lower price - which may be around below...
short term. correction phase which could be potentially downside 1.0810 and then pulling back to upside trend ( continuing trend)
The Euro/Dollar currency pair EUR/USD ends the trading week with a bullish correction near the 1.0960 area. The trend is still in continued bearish which indicates pressure from sellers of the European currency and a likely continuation fall down. At the moment, we should expect an attempt to develop a rise in the pair’s quotes and a test of the resistance area...
Today, EURGBP was completed retesting support level 0.8480 however was declined. So expecting this pair to move UPSIDE, It might be moving forward to next resistance 0.8720 and Target will be 0.96. Based on Elliott Wave which is on Monthly Time Frame . *****Disclaimer is ON***
XAUUSD completes the trading week near the 1865 area. At the moment, we should expect an attempt to develop the price decline and a test of the support level near the 1790 area. Further, the GOLD price will continue to move downside with a potential target above the level of 1565 level. XAUUSD Price Forecast assumes an attempt to test the support level near the...
start on last week, Monday and Tuesday GBP/USD was moving low at level 1.3410 area and then on wed - Friday, the price was moving rebound from that low level (1.3410) to the trading week near the 1.3540 area. This pair will continue moving UPSIDE which is still doing the correction which is following the Minor TREND (Uptrend channel ). At this point, we should...
AUD/USD ends of the trading week near to 0.7260 level area. The pair continues to move within the correction and the downward channel which indicates still bearish trend. At the moment, we should expect an attempt to continue the development of a bullish correction and test the resistance area near the level of 0.7385. Then, the rebound and the continuation of the...
GBP/USD was moving to 1.3745 area (touch and test area) and then this pair continues to move within the range of correction which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels (1.3664). At this point, we should expect an attempt to rise and test the resistance area near the...
This pair continue to move as part of the correction and the price of GOLD was reaching Higher price 1774 Dollars. Indicates a short in term bearish(down trend) which indicates pressure from the sellers and potential continuation of the fall from the current levels. we should expect an attempt to develop a decline and test the support level near the 1750 area....
CADJPY ends the trading week near the 86.50 area after Breakout near SR 87.12. This pair continues to move as part of the correction pattern which indicates pressure from Sellers and a potential continuation of the down in the CADJPY at current levels. At this point, we should expect an attempt to rise and test the resistance area near the level of 87.12. Further,...
Cable pair currency /GBPUSD ends the trading week near the 1.3870 area. The pair continues to move as part of the correction Pattern which indicates pressure from buyers and a potential continuation of the rise in the GBPUSD at current levels. At this point, we should expect an attempt to rise and test the resistance area near the level of 1.4256. Further, a...
XAUUSD has completed the trading week near to the area of 1796 last Friday. XAUUSD continue to be re-test at level 1776 area as move as part of the correction and PRZ level potentially will be return at level 1750 area and if break level 1830 area then indicate a bullish trend for Gold. we should expect an attempt to develop a price decline and a test of the...
EURCAD re- test resistance level has completes yesterday at level 14883 area, before bounced back UPSIDE and Moving week near to the area of 14990 area. EURCAD quotes continue to move as part of the continue trend upside which indicates a bullish trend for EURCAD. the next this pair will be Re-test again at level RESISTANCE 15220 area before further upside
Disclaimer is ON, XAUUSD (GOLD) has been completing the trading week near to level 1767 area. This pair may be re-testing again at level 1824 before continue within the correction and the downward channel. I am still bearish intact on this pair.
Disclaimer is ON, Currency pair EUR/JPY after re-testing at 130.20 area. This pair continues to move as part of the decline and indicates a bearish trend. so I am expecting this pair may be doing deep correction in short term. I am bearish on this pair
Disclaimer is ON, Currency pair AUD/CAD was end trading day (Yesterday) closed at level the 0.9722 area. This pair continues to move as part of the decline and indicate continued bearish trend. I am expecting further downside for this pair.
Disclaimer is ON, this pair may be re-testing at support level 6880 area before moving upside again.NZD/USD end of the trading week near the 0.7042 area. I am expecting continuation of growth after testing 0.6880 area.