Chris4XTrading

Chris4XTrading Updated 

EURUSD is currently resting upon an extremely strong, very long-term support/resistance level of 1.19000. The upcoming Non Farm Payroll report will decide whether the price will bounce off the line or break through it to sell to the subsequent levels.

Chris4XTrading Updated 

GOLD has a tendency to range. The overall trend is upwards. In order to normalize the price back down, while moving upwards overall, XAUUSD has to move in a bearish direction to the bottom of the channel before resuming it's upward movement. Sell to 1266.00 region, wait for confirmation of the reversal and then buy long term up to the next resistance, using Fib...

Chris4XTrading Updated 

Gold price is currently sitting at a crossing point on the 50% Fibonacci line and resting upon the 1D long-term trend line. This is the deciding point whether XAUUSD will go bullish or continue it's naturally bearish move to 1275.00 region.

Chris4XTrading Updated 

The currency pair is currently ranging in a trend, however the bearish trend seems to be becoming more powerful. Long-term and short-term Fibonacci lines confirm the possible movement of 9000-11000 pips downwards to the 135.00 region, whilst profits can be taken at intersecting Fib lines. Alternatively , the currency pair could continue to range, reach the 100%...

Chris4XTrading Updated 

Assuming the currency pair is ranging in a trend, the price should come down to around the 147.00 area and then reverse upwards towards 160.000.