GBPUSD bullish pattern. Target is around 1.28, ride this bullish continuation.
USDZAR looking to bounce off local support. Buy at 19.14 and take profit above 19.35
Gold is aiming for local demand zone 2045. Stop loss below 2029
GBPUSD looking to rise to sell side liquidity 1.279. Looking for strong bearish movement after this.
rising wedge pattern on GBPUSD. Price should fall to trend line from this area
Finally, EURJPY arrives at resistance 162.500. The long awaited move has arrived. Targets reach 160.3
AUDUSD trading in a falling channel. Sell now to the bottom of the rectangle.
Awaiting a breakout of the bullish channel and price could hit targets; 19.20 or 19.50.
Clean bearish structure looks to be playing out. A little push to the upside 190.00.
Close up on EURJPY. Harmonic pattern looking complete. Price is looking to drop to local support at 158.3.
Many traders are going to be taken out of this trade because of being impatient. Price still has some room to rise to the resistance. Look for sells around 163.650 to 163.700. Price is likely to hike tomorrow after GER CPI data at 09:00 (CAT) , reacts when price reaches trend line.
Last week, we witnessed a strong downward movement following NFP release. Price is currently is bearish pattern, this is our outlook for GU for, to possibly play out in the next 2-3 weeks.
GBPUSD will retest support 1.253 and the begin its journey to the moon and we will be there. Go long with us on GBPUSD at 1.253 and we will hold the trade for a good 3 MONTHS. 1st targets will be at 1.31, 2nd targets at 1.45.
18.66 has proven to be a strong zone for this pair. Throughout the past 2 years, price has shown strong reaction in this area. I see price rising to 19.60 in the next month. Let me know what you think in the comments.
Gold price reaches long awaited resistance 2046-2048. I would like to see price drop massively from here with targets 1990 and beyond. USD further strength can be expected by the end of today.
I see price reacting on resistance 2034.5 and falling beyond local support 2015, to 2003. Sell and hold. From 2003, price will recover immensely, possibly going beyond 2062.
Overall, this pair is bullish as we understand that the pound has always had the edge over the dollar. Price now trades in a tight consolidation and awaits a break-out. I see this pair breaking out soon and reaching resistance 1.45 in the near future, and beyond that to 1.7. This is the kind of trade you execute and delete your trading platform for a good 3...