girolamoaloe

girolamoaloe

FX:GBPUSD - Supply and Demand areas on daily chart.

girolamoaloe

FX:USOIL Supply and Demand areas on daily chart.

girolamoaloe

Seems that we can see a horizontal sideway and a fakey setup in the daily chart. ~1.27457 is the strong key support and ~1.3428 is the key resistance, of the range. Which are your opinions? Maybe we could consider the opportunity to prepare an order to enter long at the break out of the resistance. We can also consider the setup of the last days and the...

girolamoaloe

The range is 0.85993-0.83959. But a short scenario is possible at this time, to reach the trend line.

girolamoaloe

USDJPY has broken also the support 98.847. Now we should wait the NFP to see possible relevant changes to the trend in the daily and weekly charts. The weekly chart shows the break down but it suggests also the possibility of a retrace up for the next week. Watching the daily chart and following the break down the price movement shows the tendency to reach the...

girolamoaloe

EURAUD could retrace back to 1.36493. The weekly chart shows that the resistance at 1.38790 is strong and although it is possible that after the retrace back this resistance could be broken, it's interesting to analyze also the possibility that the price movement falls down deeply in the next weeks, trying to hit the target of 1.3189.

girolamoaloe

EURUSD is still in a Horizontal Range as you can see in the weekly and daily chart. The Resistance area 1.31670-1.32416 is really important a break of this area will change the situation. This horizontal range is not changing the bearish expectation for this currency, particularly the price movement to the historical annual minimum. If the price action will show...

girolamoaloe

The daily chart shows that the price moved has moved under the support Monday to EMA21. Now it is back over the key support 1.02996. It if will say over this level the trend could be bullish. The weekly chart shows more clearly the situation, after the retrace down to test EMA8, now a new up movement is visible for all week, if the price will stay over the key...

girolamoaloe

The daily chart shows that the price moved has moved under the support Monday to EMA21. Now it is back over the key support 1.02996. It if will say over this level the trend could be bullish. The weekly chart shows more clearly the situation, after the retrace down to test EMA8, now a new up movement is visible for all week, if the price will stay over the key...

girolamoaloe

After the resistance the price moved down showing a short price action trading signal. Now the price moved under the support d 1.02996. If the price will stay below this level the price will continue to move down with target ~1.02312. It is visible in the daily and weekly charts.

girolamoaloe

The price is moved under the key level of 100.558. The Price Action suggests a short movement to the key support of 99.866. This level is really important for every bullish trader and it can be a good entry point to enter long for the middle term considering a high target. You can consider three potential exit points. First Take Profit at ~100.782.

girolamoaloe

EURJPY is still in a Horizontal Channel. Price action Signals show the possibility of a bearish breakout with a target at 126.060. Eventually, a bullish breakout could have a target at 133.754. The horizontal channel could not resist over the current week.

girolamoaloe

1.36350 is a key resistance. The price can test this level with a confluence before to move down to the first key support. The resistance can be an interesting entry point for a short trade for the middle term with target to 1.32500-131.727 area.

girolamoaloe

There are too many opinions about Gold. But the monthly and weekly chart give us help, particularly now that we are at the end of the month and the monthly candle is going to be closed. There was a fall in the last month to 1321.59 and after the price moved up over the resistance 1452.90. This month there was a new fall down but the price is still under the...

girolamoaloe

If the price will move under the key support of 1.02996, the USDCAD will be bearish with target 1.02312 that is a key support. On the daily chart it is also in the EMA8-21 Support Area. We should wait to see price movements in the next days, the support area could be able to show us a possible price action signal to enter long or the break of the support. The...

girolamoaloe

For the short term, CHFJPY is tangentially bullish with target to the key resistance, also if there was a long tail short May 27. It can be important wait the end of the day to see if the daily candle will close over the support of 105.671, to understand better how and when is better enter in the market.

girolamoaloe

If the price will move under the Support Area 130.39-129.92, it could move down to the target ~126. This scenario shows also possible retraces back, following the Fibonacci levels and the retesting of the resistance. This long tail of May 22 suggests the possibility of a breakdown of the support. In next days we will see if the price will continue pushing the...

girolamoaloe

Here you can see a couple of scenarios if the price will stay over the support. Here we can consider a situation where the price will try to test again the trend line up and what kind of horizontal movements it can do following specific price levels. Try to test of the trend line could suggest a retrace back down. It can be little or it can be deep. This chart is...