Last week bullish trend continuation looks to continues in the pair, the reason can be starting of new month and the pair has been raising from the accumulation zone for a couple month time, price may retest the area of 1.10240 and looks to go north.. Note - Price action analysis given here for educational purpose ..fundamentals also play a role in price action results..
Eurnzd is looking like strong sell set up at the starting of new month, price have rejected from the strong resistance to reach the bottom..
Resistance at the price of 120 push the price down to 118, it finds the support at 118 to go up. last 2 weeks price travels within the SR zone..
Monthly chart and Weekly chart supports the bullish movement clearly , and Long wicks in the monthly chart and inside bar set up at weekly are confirming the price tends to go higher. may price tries to breaks the resistance area of 1.24750 remains from April 15, If it breaks it will go higher.from the technical perspective Note - Analysis based on Technical...
Weekly chart suggest a bullish week with a long tail pinbar at the Ist week of June, may the bulls take control on wednesday before the price retest the area of 1720, and push the price higher to 1748 area ..where it finds the resistance zone at 1751 area and may bring the price down to 1738.. it may the roller coaster experience this week on price action for...
This is the analysis of where the gold bears will stop at.. enjoy the weekend
Gold against the Dollar Price have been taken over by Bulls on last week..from 1623 to 1690 it moves last week, Now this pair has formed a pattern which is similar to Head and shoulders, and prices in the area of Neckline of Head and shoulder pattern..It expected to be bullish to reach 1796, or set up strongly supports the bullish. Price action technical analysis...
In Weekly chart, Last week it closes with the previous bar of Strong reversal, it indicates bearish momentum start for UJ for this week, It travels towards the support area of 107.500, and it might reverse from there to upward during the weekend close Analysis cannot be a conclusion, it just gives us idea of
Last week EURUSD finishes with down side momentum, Expected the same to continues till 1.08500 . Expect it to revers from that price to 1.10500.. 1.08500 seems like a confluence area to be the reason of Reversal , Else it breaks it further goes down.. but chance are very little to break 1.08500..Have a great week. This analysis can gives an idea to trade .. not ...
Right from starting of the week , its been bullish movement for GOLD, I like to remind everyone its starts with Bullish Engulfing candle on Monday, Engulfing candle set up favours gold with bullish momentum all over the week to reach the 1710 which is going to be the yearly high .... hope tomorrow it stays with sideways before reach the top...
GOLD PRICE ACTION APPEARS TO BOUNCE BACK OVER THE PRICE OF 1515 BLOCKED BY THE LONG TIME RESISTANCE, BEARS TENDS TO TAKE CONTROL THIS WEEK , DUE TO FUNDAMENTAL REASONS TOO .. IT MOVES DOWN, NOTE - USE SMALL POSITION , DUE TO HIGH VOLATILITY IN THE MARKET
EURUSD finished last week with a long bearish wick, last two weeks of downtrend expect to push EURUSD to further low to below 1.6077, initial days of the week may have a small correction , EURUSD in the 2017 lows, Thank you,
Technical analysis of xauusd given here, it starts the bullish run upto 1634 , it just a prediction,