XAUUSD is going to do a correction as the pink arrow shows. But be careful, we are in a up trend.
The market will touch the monthly trend line. Reason enough for the market go down again, but if we go to shorter tame frames + some trading analysis... vuala... it will actually go to the market levels and to where the arrow shows
The major trend line, is an up trend line that is situated below the actual market price. That tells us, that the market wants to go up. The market is in an Support and Demand Zone. We don't want to be greedy, so we wate for the market to touch the X and then we exit the trade.
It seems that USDJPY will go long, which means that USD will gain strength. On the other hand, USDCHF is going short and EURUSD is going long. I'm sceptic about this trade, so be caucious.
SP will probably follow the pink line unless wherer the break out of the market is actually a fake out. But seen form an ling term view, SP finds himself in an up trent,
A normal person never heard of BlackRock, but BlackRock could be more useful then we think. I like the BlackRock Share and here is why, I think it will go long.
GBPJPY has been very calm in the last days. If look to the trendlines and follow the rules of technical analysis, means that GBPJPY is about to make a big move up. Of course it's not 100% sure, but it's possible.
I'm looking for a retest to the red trendline. When it does, I'm going to buy. It could be that the market reverses now, but I'm following the plan that I've drown with the pink arrows. My intention is to invest, not to speculate. I trade when I see the option, I recomend that you do that too
It's possible that the market goes to the resistence. If so, the market bouilds a cyher pattern and will go down to the 61,8% Fibonacci Retracement. I believe that EURUSD will continue going down, but I can't prove that now
AUDJPY will probably go long for the next weeks because the market broke the trand channel (orange line). But because the market is consalidationg at the monthly line (red line) it's still possible that the market does a reversal. Anyway, there's a big profit ratio so the trade is worth it. If you have any ideas or comments please feel free to comment
EURUSD has fallen last week and it will continue droping other 100 Pips until touhing the monthly trend (red line). The question is if after that it will break out or reverse.
Since Donald Trump won the ellection, the USD hasn't stoped rising. So the question is when will the 1st reversal come or when are we going to put ourselves in a downtrend? But it looks like the USD will continue rising
USDCHF is fonding himself in a consolidation. Because the market touched the monthly and daily resistance and trend, it went down. So it's possible that it goes up again. But since Donald Trump was elected as president the USD is rising rising and rising, so it's still possible that a break out takes place
I didn't see the new trend line. Gold is going to do a breakup
The brown-red colored lines were drawned analysing the monthly chart. Because of the M formed and the market following his trendline, the market will go short until it touches the brown-red colored trendline. After that it will break out and go long as showed in my anallysis. The anallysis were made without consulting the fundementals .
If we look at Pierre's analysis we can see that in the next houers the market will go up. But when it touches the trendline it will go down again. As we can see, there's forming a triangle with a horizontal bottom line. An indicator for the market breaking soon or later the triangle in order to go down. But after the market breaks out, it will situate itself in an...
The market had touched the purple trend line and as it had to be, the market went short. Now the market hast touched an old trendline -the yellow one-, so It's possible that the market goes completely down or that the market follows his trend and when it touches the point 1.344 goes back down. In the end, fundamentals will decide what will happen. The prognoses of...
The analysis of @piphunters showed us that USDJPY broke the trend. But in my opinion, if the market surpasses the trendline is not a sufficient argument to convince me that the market isn't going down again. For that reason I searched for further signals to explain the theory of the market breaking out the trend. I found important important resistances and...