Outlook on $EUR. A break below the range low coupled with an intraday retracement is my ticket towards 1.1150.
With Gains in big growth stocks like Amazon & Microsoft l do expect the Nasdaq to continue on this rally towards the 15800.0 level. Moving over to more Technical Things: The momentum on the Index is still massively bullish. We can see Bearish OBs being violated while Bullish PDAs being respected. The nasdaq only needs a little more artificial HYPE. to get it...
I'm anticipating a retracement to the downside before another leg to the upside.
I'm looking at the Dollar Canadian Pair & I couldn't help but spot this Sell Model. I think in the next month or two we are going to complete this structure & ultimately reach for the 1.2000 level. Earlier this year in June the Dollar CAD made a significant swing low after purging a Intermediate swing however the purging isn't complete in my opinion. If you...
My outlook on gold is that it is completing a Buy Model & will likely reach for $1850 per ounce. Today the ADP Non- Farm Employment Change was the catalyst for the current bullishness on xauusd.
I'm Looking at the Euro Dollar to Trade towards the 1.19670 level to complete the weekly Range.
The analysis is based off my unique approach to seasonal tendencies when Price is in a Ranging Market. Taking 2020 as the third year if we look back until 2017 you will notice how, during this period, the market has been repeating a pretty noticeable Fractal Pattern. Taking that into account l predicted a significant high to form on the Pound Loonie during First...
Previous Day's High taken as price hits a key supply zone. Targeting the initial Weekly Low as my take profit.