AUDUSD has been going bearish for a very long period. Looking back at Historical Data, Aussie Dollar is looking to reach it final support level. We are expecting for some consolidation to happen for it to go bullish again.
GBPUSD has been creating new lower lows, which leaves us clueless however DXY has reached its resistance level which can influence GBPUSD for a buyer opportunity.
As DXY has reached resistance level looking back at Historical Data, DXY will make its way down again. EURUSD will make a bullish movement because of DXY
Looking back at Historical Data, DXY has reached and touched Resistance line. Rejection should occur and DXY will go down for the fall.
Gold has broken previous resistance. Resistance will turn into Support and retest to make a bullish movement.
NASDAQ has been creating new Higher Highs the past week. We have been seeing bearish rallies but NASDAQ cannot keep going bearish forever. I drew a trend-line on the weekly time frame where I believe NAS will touch and reject to the down for a heavy Sell.
NASDAQ has been creating new Higher Highs the past week. We have been seeing bearish rallies but NASDAQ cannot keep going bearish forever. I drew a trendline on the weekly timeframe where I believe NAS will touch and reject to the down for a a heavy Sell.
Gold has been consolidating the past week and retesting 1560. Trendline where the candle stick will retest and we will see a bullish rally all the way to 1600 and that level will be retested once again.
Gold is preparing itself to go long after a retest of the Trendline.
Did an analyses on GBPNZD. If you look at the weekly and even monthly chart, the resistance line on 2.04393 was not broke, twice. I therefore believe that it should go bearish and not bullish I could happen that if it does hit the resistance line on 2.04393, It most likely will reject