decentshaw

decentshaw

Successful Forex trading is fusion of fundamental analysis and technical analysis and a decision based on both. Fundamental analysis is very important part of forex trading. Fundamentals are factors of any economy which have the power to derive the currency and set a new direction. A keen forex trader keep eye on these economic factors, analyze the effects and...

decentshaw

AUDUSD is facing Daily Trendline resistance. With Gold also showing bearish sentiment and Dxy Strengthening . We can expect a downward movement in coming week. Like my the idea, chart and analysis, Thumbs up. Share your views and ideas, Cheers!

decentshaw

Hello! Share your views on the Gold in upcoming days and weeks. I am sharing my ideas. First time in many years Forex market disapprove the JPY as safe heaven. We saw JPY falling despite russian-Ukraine conflict. I think fundamentals are changing rapidly. High Inflation is a reality worldwide and inflation is the key driver of gold. But there is series of...

decentshaw

Price is above 50 & 100 MA we may expect upward movement till the resistance and then pull back . Do comment on the idea

decentshaw

Gold is trending upwards amid Ukraine/Russia Conflict and High Global inflation . XAU Japanese candlesticks making LH and HH suggesting mid-strong uptrend. Investors focus is shifting to safe heavens in these uncertain circumstances. Technically Gold Chart is hinting strongly for up trend. Traders Focus should be Buying on dip with stop loss below the last...

decentshaw

Gold chart has formed head and shoulder pattern. Right shoulder is down then the left shoulder. Technically this indicate downward movement. Breaking of support below 1888 will confirm the downward breakout. I thinking to short from the higher levels. Like the idea? Do comment.

decentshaw

We also have to watch the Gold Movement plus Current Ukraine/Russia development which is fundamentally driving the pair. With any relaxation in the situation, the above scenario will be more valid. Also price testing the daily descending trendline near the current double top at 4H chart. I think reversal from the point. Its not financial advise . Do comment on the idea

decentshaw

Like the idea or not, do comment. Watch out Ukraine/Russia conflict development

decentshaw

GBPCAD touching reaching out the daily descending trendline , which is downward. I think price reversal from the resistance. Please comment on the idea.

decentshaw

FX:GBPCAD GBPCAD reaching out near the Daily Resistance line. I am Expecting short entry and move downward from resistance