Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level. Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction. As I said at previous idea Mar 22, 2021, "Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level. Break below 1660 would invalidate...
XAUUSD is Still in Strong Downtrend. If Break Below 1661.71, then Bearish Continue To Target 1635.90. XAUUSD, While Below 1734.12 is Still Bearish. Resistance at 1689.37.
EURUSD made a false break below Strong Support 0.98999, and the rebound. After That, EURUSD HIT TARGET at 1.0078, 1.0134, 1.0189. As we talked at previous idea, "While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189." Now, Can EURUSD rebound continue? If EURUSD Break Above Fibo 61.8% 1.0189, then Potential Target at 1.0268 &...
GBPUSD rebound after hit 1.1405 level. As we talked at previous idea, GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411." Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405. Outlook, While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934. But If Fail To Hold Above 1.1934, then...
So far, Dollar Index DXY was rejected from 109.20. REASONS TO REJECT BULLS: 1. LONG UPPER SHADOW CANDLE 2. TRIPLE TOP 3. FIBONACCI EXT. 61.8% While Below 109.20, then Potential To Retest 108.26, 107.37, 106.17. But, Break & Hold Above 109.20, then Bullish Continue, Potential To Target 110.53 & 112.23.
EURUSD Rebound From Below of Its Parity. While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189. Resistance at 1.0268. Strong Resistance at 1.0368, If Break then Bullish. But While Below Fibo 61.8%, 1.0189, EURUSD is Still in Bearish Trend. Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840. Next Bearish Target...
GBPUSD could forming Bullish Engulfing pattern. While Above 1.1717, GBPUSD could Potential Target 1.1937, 1.2005, 1.2073. Break & Hold Above 1.2073, Then GBPUSD could Potential Retest 1.2175 & 1.2291. But If GBPUSD Break Below 1.1717, Then It Could Cancel Bullish Engulfing and Open The Way To 1.1645. (From AB=CD pattern, where D=1.1645).
NZDUSD Break critical level at 0.6212 and Fibo 61.8% at 0.6216. Break Below 0.6212 then Open The Way To 0.6191 & 0.6184. Break Below 0.6184, then Open The Way To 0.6147. Strong Support At 0.6060. If Break, Bearish Continue. But Hold Above 0.6212, Open The Way To Rebound To 0.6264. Resistance At 0.6312 & 0.6371. Strong Resistance At 0.6468, If Break, Bullish Continue.
XAUUSD 30 Minutes Chart formed Bullish Divergence pattern. If Bullish Divergence is confirmed then Potential Rebound Retest 1786. Break Above 1786 then Open The Way To Retest 1807.81. Break Above 1807.81 then Open The Way To 1828.41. But Break Below 1752, Would Cancel Bullish Divergence and Open The Way To Retest 1736. Break Below 1736 then Open The Way To 1721.70.
XAUUSD Rebound from its lower area of its Medium term consolidation 1676 & 2075. For a while, XAUUSD is rejected by 1786 around its MA 50 Daily. If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50. Its Strong Resistance at 1922.58 (61.8% Fibonacci). Its Strongest Resistance at 2075. But, While Below 1786, Potential To Retest 1721.70...
EURUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its bearish trendline. Now, EURUSD is testing its MA 200 H4 and FIbo 50% around 1.0283. Break Above 1.0283 Retarget 1.0361. Break & Hold Above 1.0361 Retarget 1.0473 & 1.0615. Strong Resistance at 1.0615. But Fail To Break Above 1.0283, Retarget 1.0108. Break & Hold Below 1.0108, Bearish....
GBPUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its the bearish trendline. While Above 1.2133 the potential target 1.2341. IF Break Above 1.2341, then Open The Way to Retest 1.2490 & 1.2679. Strong Resistance 1.2679 But, IF Break Below 1.2133, then Open The Way to Retest 1.2004. Strong Support at 1.1796
As expected, after broke below 1.0340, EURUSD hit target psychological level 1.0000. As I said at previous idea, "Anyway, for now Medium Term Bearish still in charge. Below 1.0340, Bearish Continue to Target 1.0232 & its psychological level 1.0000." EURUSD at oversold area and very vulnerable to short term rebound. But, overall, the sentiment still strongly...
XAUUSD drop below 1786.28 and hit its first TARGET : 1748.37. As I said at previous idea, "1786.28 ( Double Bottom ) is a Strong Support, If Break then Strong Bearish. If Break Below 1786.28, then Potentially Retest 1748.37, 1712.73, 1667.34." Now, XAUUSD is still testing low. Triangle or Bearish Flag Pattern. If Break and hold Below 1731.60 then Target 1712.73....
GBPUSD keep on falling below 1.2155 and hit TARGET 1.0276. As I said at previous idea, "Anyway, while below 1.2675, GBPUSD still bearish with potential retest to 1.2155. If 1.2155 break then open the way to target 1.2076." Now, GBPUSD is testing new low. If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411. Resistance at...
XAUUSD failed to Break and hold above 1869.62. It's just hit 1879.45 and then rejected lower, broken 1828.38 to 1786.28. As I said at previous idea: "Anyway, Break Below 1828.38, Open The Way To Retest 1786.28." As we see, XAUUSD Broke Below 1828.38, and hit the target 1786.28. 1786.28 (Double Bottom) is a Strong Support, If Break then Strong Bearish. If...
NZDUSD rebounded from May Low (0.6216), but rejected around 0.6568 then broke down below 0.6340 and retest May Low again. As I said at previous idea: "Even though oversold and vulnerable for short term rebound, anyway, Break & Hold Below 0.6340 still in downtrend, Next Potential Target 0.6216." Now, Bearish pressure is on again. Break & Hold Below 0.6216,...
USDCHF hit the target at 1.0000 & 1.0026 after broke and hold above 0.9901. As I said at previous Idea: "Break and hold above 0.9901, open the way to key psychological level 1.0000 and 1.0026 (Triple Top and also its Strongest Resistance now)." But, As that's a psychological and Strongest Resistance, then USDCHF rejected from that level. Now, USDCHF is heading...