nicholas6897

nicholas6897

Last Friday strong momentum drop, foreseen next week will pullback and create another bearish move.

nicholas6897 Updated 

Gold has been surging for correction past 4 days. Wait for the H4 fresh demand zone break then we can continue to short this pair to lower. Powell speech schedule on Friday US session. Based on studies it may stop dovish plan and create more hawkish fed plan. I am expecting gold to drop further next week.

nicholas6897 Updated 

Price breakout the ascending trend. I expecting price will retest 185.300 - 185.900. Will try to sell at that zone if price retest that bearish engulf candle.

nicholas6897

As per title, gold unable to break the RBS Zone. Gold will hunt for 1860 zone only drop. Buy at RBS Zone or Demand Zone.

nicholas6897

Price may look futher supply zone, trade safe guys. Expect more volatility price during US/Euro session.

nicholas6897

Dollar weaken, during US session all the fund was pump into the stock. "Bank of England intervention sparks global stocks bounce" Asia session gold continue to slide. Gold reach supply zone and it retrace to the golden ratio level. Price may drop futher with this round decline.

nicholas6897

Price play at this zone and respect for the 0.382 level. I expect the Euro will continue fall further once the zone break due to strong USD. Uncertainty EURO rate hike decision still hanging at this zone.

nicholas6897

With Strong DXY DATA and bearish gold. i expect price pullback to 0.382 fibo and continue fall again.. FUNDAMENTAL - USD going to stay in high rate to fight inflation, i expect DXY will be break 110 level by this month.

nicholas6897 Updated 

I expect price will reject and go to fibo 0.382. wait for 1 hour breakout and continue short the pair

nicholas6897

WeaK USD, although daily break ascending channel and it reverse again. Correction finish, price may form inverted HNS and retest 1.23 level again.

nicholas6897

RSI,STOCH all is OVERBOUGHT, strong euro due to vaccine kick in, economy recovering. I expert a pullback is must 0.382 or 0.5. Euro approaching another resistant weekly zone, dollar must move otherwise it will keep continue bullish movement. Wait for H4/DTF and DXY for price action before sell.

nicholas6897 Updated 

After yesterday strong impulse to 1930. is time to made bigger retrace. NEXT TARGET 1812 IF you follow my thread yesterday, u may TAKE BIG PROFIT for LONG AND SELL !

nicholas6897 Updated 

WEAK USD INDEX, we take fibo level on monthly, the price retrace and probably will retest 0.618 lvl. find at lowest point long this pair to 1930-1940.

nicholas6897 Updated 

Wait for it break the trend line, then may continue short. Please becareful during this area is very volatile due to this area is the up trend zone, price may need stronger bear to push down the price.

nicholas6897 Updated 

UCAD have the strong weekly support, wait for UCAD break out and continue long the pair.

nicholas6897

Price break the descending channel, my long this pair next week if the day structure no break. 0.38 and 0.5 fibo will be TP point.

nicholas6897 Updated 

MACD show it down sign again, is time to sell EJ next week. i set the 1st TP point at the day small support structure circle in red. price may have opportunity to reverse shoot to up grab some liquidity before drop.

nicholas6897

ECAD unable to touch the previous support and price fall again. Will look for short setup once this support zone broken.