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Gold trade opportunities. I think the opposite of what everyone is thinking will happen which is Gold will push further up to lure in more buyers only to fail to break the 1474 resistance and head south. Many will see this as an opportunity to open more long positions and then 1450 support level gets shattered as the precious metal nose dives. I'm 70 pips in Gold...

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Are we going to respect the channel support or charge through like it ain't there at all.

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Looks like some kind of channel

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The triangle on the daily, parallel channel on the hourly chart

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The Kiwi may finally break the parallel channel to the downside after almost 2-months of trying. However, price may initially retest the 0.67500 point (which coincides with the 78.6 fibo level) first because the pair currently appears to be overbought on the RSI, secondly as an immediate reaction to the Fed's interest rate decision. This would mean the potential...

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While the EURUSD is still frolicking around a historic 2-year low suggesting a potential bounce to the upside, a possible bearish continuation cannot be overlooked due to a better than expected GDP Annualized.

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Following the EUR rally against USD due to FED statement earlier, you would expect a period of consolidation perhaps a very short one before price moves along. If the price breaks 1.13 point, or at least the 110 SMA, this may confirm the double bottom pattern as seen in 1D. The market movers are rolling in and fast. As far as speculators are concerned, in...

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...Short term price target for sellers may be just above the 120 mark at 120.500