📊 GOLD ANALYSIS 😅 Like the guppy and the cable, not much has changed with the chart but on a closer view it appears Gold locked up in a tight corner as the market uncertainties continues... 🇺🇸 Will the US be giving out a new stimulus? 🇺🇸 What will the outcome of the US election impose on the Dollar? 🇺🇸 Are the feds plan even feasible? 🇺🇸 What could be said of...
📊 EUR-USD Analysis 📉 As it appears, not much has changed since our last week analysis....The cable and the guppy being the investors favorite tends to take a while to make major moves. ⏳ Covid-19, Brexit and the US Elections appears to be investors key focus in trend decisions.. 🇬🇧GBP 🇪🇺EUR and the good old 🇺🇸Dollar will continue to be on the spotlight as the...
Once again euraud find itself entangled in the ascending channel oscillations, after failing to hold the 1.660 price mark...
Failure to break through R1 will send us back for a bear call
The bulls took the Aussie by the horn last week, as market went crazy with the rally, against most of the major pairs Aussie had a stand fence and triumphed over her counterparts. As the US Election draws neigh, investors are more cautious of where they put their money. This week holds alot of activities amongst top us company's, the likes of facebook, twitter,...
🌼 While you all having an amazing sunday, thought to share this chart with yall, PayPal into bitcoin will create a massive FOMO that will boost the price of bitcoin. 🌤 IMO i dont think it will be a long term good deal for Paypal as too many security issues famous paypal account problems. 🌔 Most crypto enthusiast would not even want to associate with paypal as...
📝 Trade orders at the $1900 entry points, close trade and secure profits of 150-180pips+. 📝 Initial entry orders at $1913 maintain proper risk management, leave trade opened. 💭 Take-Off Points! 📈 TA in a bullish state as breakout above R1 has been validated... 🇺🇸 DXY also in a critical state to spur to movement...
XAU-USD Daily and Trend Analysis Not much pun intended but gold like bitcoin running on a parabola spin.. Its quite obvious and not a surprise for a bullish gold as the dollar has been catastrophic of late, social and political unrest, constantly increasing debts-gdp ratio, enormous dollar printing QE, rapid increase in the covid cases and a failing economy....
GBP-USD Daily and Trend Analysis It took decades for sterling to drop below the 1.4000 price mark well it looks like it may take another decade for it to break above that. The daily chart on the cable looks quite bullish for the past few days however the H4 begs to disagree seeing a closeup on the trend reversals, the UKs economy on the other hand haven't been...
USD-JPY Daily and Trend Analysis The gopher bullish penant consolidation continues, approachng its apex but with more favoritism to the bulls. On the Daily we could see the solid price rejection of the bulls around the support level of 105.200 (It could be seen much clearer on the H4 chart) Traders and investors are closely watching and waiting on this, as a...
EUR-USD Daily and Trend Analysis On the daily chart with the 1D candlestick view we could easily see the fiber at the peak of the longterm descending channel, with a clear school of reversals, indicating no sign of a breakout anytime soon, with the recent dynamics of the covid outburst and shutdown in the EU Zone its quite realistic to expect a downturn in the...
well I believe the charts ia quite explanatory seeing the long correction getting weak with price lingering around the breakout region at C aldo theres a possibility for a slight retraement to previous support level but I think this will last only for a short time I'm very pessimistic about a change in trend and this week will make it more visible