This mapping is to show a very clear structure of support become resistance in daily timeframe. I marked this zone as "Fresh SBR 6" area probably can become a good zone to re-entry sell. If you look an opportunity to buy weekly RBS zone is the best area to take a buy risk. Regards Alyaqen
Nothing surprise when gold break the important support at 1678.621 in weekly timeframe. Currently price trying to make a pull back. Safest zone to sell back is at SBR area 1678 - 1684. Buyer already start scalping when price rally from buy zone at weekly timeframe.
“Without price stability, the economy does not work for anyone,” said Powell. 0.75 basis points has been increased yesterday, it showed US FED aggressively want to curb the inflation. Base on yesterday data Gold price looks like didnt show any positive outcome to change into bullish direction for quite sometime - probably until end of Q4/2022 Potential to...
Pound continue falls and price try to enter RBS area at monthly timeframe.This RBS area existed since 1985. Upcoming FOMC today will determine where USD will go. I marked 2 zone where it got potential to buy. Whoever wanna take risk feel free to buy when price entering the zone. Watching zone: 1.12305 Extended zone: 1.05539
EURJPY has reached the supply zone spotted in 1 hour timeframe. Price already break 1st level and looks like it has no problem to reach the 2nd road block 138.969 3rd level will be RBS area which is 137.84. Regards Al Yaqen
GBPUSD price now at demand zone area in daily timeframe. Potential to buy at this area. Nearest road block for bullish structure is at 1.17615.
DXY reached all time high after 20 years performing below 109 points. Points has reached a supply zone area which DXY need to response this correction. 106.793 will be the first road block for DXY to start forming a correction bearish structure and fall back to RBS area. If this zone decline it might give a momentum for Gold price to climb up. Regards Al Yaqen
Gold price showed a reaction after price fall back at support/demand zone around 1688 - 1682 area. 1st week of economic data from US economy showed a temporary contraction in US index. ADP and NFP unable to stimulate continuous bull run. 1742.22 will become the first road block for gold price to continuous climb up and reach 1800 back. However if the recent...
1. 1828.209 has become SSR key level. 2. If price break SSR level it possible to reach supply zone above. 3. As of now more towards bullish run rally from demand zone. Regards Alyaqen
1. Last month DXY clearly shown price just making a base to complete a monthly candle. 2. If DXY able to break previous high at 94.596, it will form Rally Base Rally and DXY will go up / bullish bias. 3. Next destination for DYX is at 95.700 because on the left there is a SBR (Support Become Resistance) parallel with drop base drop. Best, Al-Yaqen Alyaqen
This is my analysis for GOLD using daily timeframe. 1. Drop Base Rally (DBR) happen when support at 1728.11 rejected. 2. Demand continue uprise and last week movement price making a base until NFP day. 3. NFP data last Friday has making Rally Base Rally (RBR) and price reach resistance zone at 1780 rejected and price back to base. 4. By looking at this I...
1. NFP data last Friday indicate USD might pull back to RBS zone at 93.555 or probably sliding to meet demand zone at area Rally Base Rally in daily timeframe. 2. Bearish Engulfing spotted at 4 hours timeframe with Rally Base Drop setup. Best, Al-Yaqen
1. DXY currently forming a bearish trend. 2. Price already break the support trend line in daily timeframe 3. RBS zone is the key factor where DXY might heading within this September 4. If the price break the RBS it means bearish in DXY and get ready to swing a long for any major pairs. Especially GBPUSD, EURUSD. 5. The Williams Alligator indicator lips already...
1. EURUSD currently trying to perform a bullish trend. 2. Price already break resistance trend line in daily TF. 3. Bill William alligator is about to cross in daily timeframe. 4. 1.18806 would be the target for closest resistance. Let see whats happening in couple of weeks ahead.
1. GBPJPY EW counting on Daily TF 2. To form wave 1 in wave 5, price need to break resistance trendline. 3. Buy @ setup a buy limit when price touched support @ 150.774 area. 4. 153.218 would be the target for closest resistance. Let see whats happening in couple of weeks ahead.