well, on my side im speculating gold to sell after approaching the areas marked in blue either of those, Having the feds decision on feds rate it, if they give it a hike then i will definately look to sell this pair and even hold the position for a while as we will have dollar even stronger than it was and ii think this wil make the DXY buy. just an opinion please...
Last week GBP had some releases which made most entries to be taken out but price i had one of my zones not taken out which still holds price and according to my anticipation this may be the turning point if we wont receive any major news update
coming to Euro Aussie, weve already have a goood 700pips retracemnt to the upside to one of the nearest liquidity areas and seeing price rejecting.. am anticipating this move to keep ruuning as my major bias on this pair is Shorting.
Well will this work, not sure but so far a long setup look much more convicing than shorting. having a retracemnt back to almos 75 percent of a fibonacci,
According to the previous break of structure and a base to the upside with a retracement, i am expecting a bulls reaction to the upside. and newer higher highs to be formed.
Well, After a long price consolidation, it made a short sharp move to the upside breaking the lower structures, price still made a sharper move to the upside breaking possible rejection to the downside. Based on the fundamental factors , Dollar is still firm than the CAD despite the BOC decisions and meeting. The Russia/Ukraine crisis impact is still uncertain to...
Longing this pair @ 151.6 Due to market current Drive being the Russia/Ukraine Crisis, We will long this pair
EURCHF long opportunity to be trading at point between 1.05 - 1.20
Hey traders, For the last 3 trading weeks, Gold is very bullish . Ahead is a strong structure resistance . If you analyze the price action from February 2021 you may notice that the market is trading within a wide horizontal trading range. 1903 - 1917 is its upper boundary. Once the price reaches that your task will be to look for an intraday confirmation to...