alonso780

alonso780

Bitcoin looks to move past our previous targets of GETTEX:97K and might hit 100k before end of this week

alonso780

This week OANDA:XAUUSD in on the front line together with bitcoin on gains. Gold gaining by over $70 in two day alone this week. This upward push is in line with the long term gold trend

alonso780

OANDA:XAUUSD has found some support around 2580-2600 zone and currently it's trying to hold above 2600, note that TVC:GOLD is down by 4.95(13k pips ) for the month of Nov so far. bias remains bearish

alonso780

After US Elections, the united states economy and world economy have gained some momentum given that wars might stop under donald trump administration and now people don't need to store value in OANDA:XAUUSD anymore More selling to be witnessed

alonso780

Following the path indicated by blue uptrend zigzag, we can clearly see that FX:USDJPY is moving upwards with targets on previous high.

alonso780

I have a good reason to believe that #XAUUSD will play out as indicated on the following chart.

alonso780

Bitcoin has been struggling to reach a new high since. From a distance I can see a bearish pattern. If it goes south I am getting out @ 60,54,50k

alonso780

A rejection at this resistance zone will activate my sell order. I still believe that Bitcoin is not ready for bullish re-run. Entry 73000 sl 73600 tp1 66000 tp2 62000 tp3 60000 least. note: Wait for rejection on a daily frame. **************************************** Use a stop order and do your own research before trade

alonso780

I think generally metal prices are having a pullback at the moment including $XAUUSD. Silver on the weekly timeframe has a support zone @25-26 and if that wont hold then there is a chance to hit 21-22{Least likely though} Entry now 29.500 SL 30.100 TP1 27.500 TP2 26.100 Alternatively upto 22. Timeframe : weeks to months

alonso780

1.5 years ago FX:GBPUSD Took a hit and dropped to its All time low at around 1.03 then it turned back around after that hit and since then it has been on a bullish run. On 6M 12M and 1M frames I can say that the bullish trend for the pair is still intact with targets at TP1 - 1.28800 TP2- 1.31100 TP3 - 1.36800 On the downside the exchange rate will stop...

alonso780

US Stock market is taking a break from the bullish aggressive push and soon it will be reflected in $S&P500 index. Immediate area of demand as shown in the chart above ********************************* Do your own research. Use a stop loss

alonso780

Is till believe that OANDA:XAUUSD doesn't have enough momentum to beat previous highs of 2400 to 2450. Bullish momentum dies off after the sellers stepped In and tried to take control of the narrative three weeks ago from 2450. Yesterday the price rose to 2350 and was unable to stay above a mini-resistance 2360 and now I still think TVC:GOLD In OANDA:XAUUSD ...

alonso780

OANDA:GBPJPY took a hit on monday falling upto 0.5% and I expect the pair to close on red on this week. Bank of Japan will be trying to have the situation in control and to prevent the currency from falling past beyond repair. FX:USDJPY also expected to take the same path after it failed to beat previous highs around160 mark. A fall in OANDA:GBPJPY Will...

alonso780

Dollar index has been weak on recent weeks and this move is likely to continue. I expect XETR:DAX to continue falling towards it's previous support and resistance levels at around 102, 101 then 100 If this move happens then it is good news for pairs like FX:EURUSD and FX:GBPUSD as they are all set to drift north. Fundamentally news have been against the...

alonso780

This pair failed to beat the previous resistance between $72k to $74k and now it will have to turn south to find some momentum. If BITSTAMP:BTCUSD falls as predicted then the 1st line of defense will be at $63k then #60k and finally 58k Always do your analysis before placing and trades and use a hardstop loss in all your trading activities

alonso780

XAUUSD Was rejected recently from ATHS - 2450s now fighting to stay above 2300. I still believe that the price has to move lower to find demand before moving back up. Next area to be tested will be 2300. Areas of support are 2300, 2260, 2200 and finally at point marked A Area. Long term trend- Bullish Short term- Sideways to bearish Let me know what you...

alonso780

The trend has always been bullish because YEN is weak asf and BoJ are not doing anything yet to contain the damage. Though this month buyers were unable to break last month high of [200} area which is a multi-decade high. A breach past 201 means more damage for JPY and it will head to 205, 210. A nice push below 199 means a short term pullback towards this...

alonso780

For years now Yen has been weak and USDJPY Rose 11% in the last 5 months meaning the trend is bullish . FX:USDJPY Peaked at 160 area last month then we saw some selling pressure which drove the rate to 152 zone {Last year high} Price rejection since this month open from 158 means we have some selling pressure, Today after US GDP QoQ2 release USDJPY Dropped 900...