USD is flying and I am expecting gold to keep falling slowly to retest previous weekly lows. I remain bearish in the long term. We remain inside a descending channel. Cheers
Great call so far since april this year. Target remains unchanged to 1.11ish. Cheers
USOIL confirmed reversal and therefore I expect the same on Brent. Back to 77 ish.
Ascending channel has been respected so far, my only concern is based on fundamentals. I think USD will strengthen against most pairs and thus we should have a breakout but until that happens business as usual and worth to open positions at the trendline suport and resistance levels Cheers
So far so good. Thai baht will continue to get smashed against the dollar for a bit longer till reaching the target. Fundamentally speaking Thailand is in deep pain after covid situation in the country. Cheers
Current candle development at the time of writing looks like a shooting star so a possible reversal (highly needed) seems to be closer. I am currently shorting on every key level and protecting myself for unexpected scenarios. If correction occurs we will revisit 75 bucks area in no time. Now it all depends on the API and EIA data. I'm prepared for a worse...
In my humble opinion, OPEC+ policy will backfire them shortly at such prices. They are bringing back US shale drillers and scaring oil demand. Look at Tesla rally today due to high oil prices after they decided to keep manipulating oil prices with the same output of 400kbpd while markets where expecting something around 800kbpd. I will not extend myself with...
Hello fellow traders. With the next OPEC+ meeting on Monday I expect a wild session with a huge oil movement. Many countries are pushing OPEC+ to open taps and to increase immediately their production to avoid oil prices further skyrocketing. Current rumors are talking about doubling the output of 400kbpd to 800k. Will this output be enough to cover the...
I was expecting BTC to hit 37k but we hit only 39k on the reversal. Now we are trading inside a new ascending channel and therefore we have to consider a bullish momentum to a possible 55k
Continuation seems totally plausible at this point. Fundamentally speaking seems and idea with plenty of back up behind to continue the uptrend with some hiccups in between. I remain long on the USD till 97.80
Current candle movement suggests GOLD is being dumped smoothly and switch into other instruments (such as USD). Be continue on a downtrend so consider the drawn Support and Resistance levels for your trades. Cheers
After several hits at 1.65 we finally bounce back to my target and so far it is providing great profit. Cheers to all those who joined the rally on my call.
I think my long term chart is providing great results so far. We continue inside a descending channel with SR trendlines fully respected.
Self explanatory price movement for this pair. Current USD strength may help to switch instruments.
I think I made my case very clear long ago. So far it is working flawlessly. Currently sitting on a critical area and current candle suggests a bearish continuation, in line with the HS pattern drawn months ago. Cheers
Let's see if history repeats itself with a similar projection of the previous correction to 61ish. Increasing oil drilling and UK fuel shortages due to lunatic logistics are the main catalysts for the oil price so far. Many people sees UK as a bullish sentiment but if you study the real consequences of this shortages you will understand that it is a terrible...
Self explanatory idea. I believe the price movement will follow more or less the drawn path.
A couple of important resistance ahead with higher chances of a pullback.