Hi Guys, Hope you are all enjoying your weekend. I was looking at these two pairs and it seems like they might give us a clue as to what we can expect . The 3 wave structure on the NZDUSD seems very similar to the first 3 wave correction (I have posted this in the NZDUSD chart update). We will look at the GBP, EUR, ...
It's interesting to notice how gold bottomed before Christmas in the last few years before the New Years Rally .
I highlighted by green the New Year's rallies. Red arrows are showing the lows.
In 2013 : Dec.31. was the bottom and we had a 200$ rally in 2014 Jan-Feb
In 2014 : Nov.17. was the bottom and we printed a ...
In this chart I show you the key events and times of occurrence ahead of the news today.
The US futures market will probably open with a gap due to opening after the polls come out, but there will be plenty of time to await the official results, so, the market might remain volatile and directionless before the ...
As you know that we chased GOLD from the top, you can see here by clicking on it https://www.tradingview.com/chart/XAUUSD/9wGl21rL-Trade-Setups-on-Gold/ and you can see it made over 1700+ Pips and hopefully you had took your maximum profit. Now in the current scenario, I am seeing a move up IF price breaks the ...
This will be the same chart layout as posted before:
But I want to explain more about what we have here.
I was waiting for this scenario but it did not happen till gold hit 1160.
Friday close price was 1177.4 and ...
Here's a look at the chart we reviewed in this week's Forex Market Preview video. Once again, this is a great example of how the simple forms of analysis, when done correctly and in the right order can produce some of the "fancy" stuff that everyone seems to rush into.
If you're unclear of what that means, what ...
No need to metion too much watching this chart. Price keeps forming impulses followed by correction in the same fashion. So in case it forms a sell setup at the downtrend we may go short from that level, otherwise selling the breakout of the correction is a nice idea.
On the USD.CAD 4hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.3281 & 1.3265
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat ...
Italy, under which the referendum - II
In Italy 0.44% that do share the last status
information about the referendum?
if the result is YES, the EUR up
NO result if EUR falls.
Could you comment on the referendum?
This is not investment advice
Im expecting the price to reach my Resistance Level and turn Down for a retracement. Target on the Support line.
As price in king i will update if anything pops up with candlesticks formations.