This trade could be in play. The rate hike might give that push that it needs to go above 115.00 and go to 118.53 again. With a somehow tight SL, there could be a lot of pips to catch.
More risky than usual but this is still interesting.
Trade safe!
Now that we shorted in the sell zone (refer to previous idea published) ()
It is now time to look for that buy zone! It has already touched once and did a little wick in it. Let's wait for more PA to confirm our trade.
Trade safe!
The XAU/USD is now at an interesting point.
Technically, MACD and RSI on the daily are telling me that it is due for a push higher of some sort. The price closed under FIB 0.618 (this could mean a push lower again?). Still, both last time this was the case (and gold didn't really have any support in the near term) it found a way to push higher.
Fundamentally,...
EURCAD is now in the decision zone. It could go either way at this point. CAD could get stronger because in the surge of the WTI. EUR could fall because of the Italy situation amongst other things.
I have a bearish bias towards this trade but I'll wait for confirmation.
Trade safe.
