Gold’s recent rally accelerated last Friday, driven higher by weak US economic data, and the rally back towards a new all-time high has continued this week with the precious metal posting a $2,141.8/oz. peak yesterday. This left gold just $3 short of printing a new ATH. The technical outlook for gold remains positive and suggests that the precious metal will...
The GBPUSD is presently experiencing an upward trend and displaying a double-top pattern along with bearish divergence, signalling a robust possibility of a reversal in the trend.
Okay, This one was requested by our newest follower @anurag3235 We are keeping the chart simple and self explanatory as always. Although, One important thing to know is that the public shareholding in Indigo is mere 2%. Confused on if you should invest? We have a post that will help you make up your mind. Direct link is below: What should we analyze next?...
- Gap Filling Done - Trendline tested 4 times i.e. weakening - Two Dojis at the gap zone indicating indecision - A good bullish sign here can mean a potential up move - Given that the pharma sector hasn't performed in the last year, we may see some momentum in the coming period. DISCLAIMER: We are not registered. We are not advisors. Everything here is merely...
if usd cad manage to break that counter trendline i will be buy. considering the bullish structure of usd
Hey there on 1htF the Gold has moved upside from last 2 days and also now continue moving upside from last pivot 2305-2309 so we can further demand Support is 2320-2330 When the upside our next target is 2380 We can see on April can be rebound and moved top 2400
We are waiting for gold to move towards 2370 When we see a reversal candle, we enter the sale And the final goal is 2260 and 2220
- EURNZD was trending bullish with HH and HL forming. - bearish divergence has been observed. - Lately, Head and Shoulder pattern has been observed on hourly time frame. - Possible reversal of trend is imminent with confirmation from break of neck line.
EUR USD PRICE - HAS TO FILL THE LIQUIDITY AT UP SIDE here we can see that price got many time balanced the liquidity at support zone now price has to fill the liquidity at upside make a long entry as shown in the picture, follow for more live updates...
Preferred direction: BUY Comment: Metals , on the contrary, show a negative trend at the beginning of the week, but within the framework of long-term movement, this is just a normal correction. Long trades of both gold and silver are considered. For silver , the price approached important support at the level of 26.50 , from where last time we recorded a...
Preferred direction: BUY Comment: Tuesday has started more positively for the majors, especially for the euro and pound , which we talked about yesterday (these trading ideas can be viewed). The Australian dollar, like the above currencies, is on the buy list. Here, we continue to keep previous long positions with a target at the level of 0.65010 . Within...
Preferred direction: BUY Comment: Gold has been saving a long mood since last week. Despite the short-term fall at the beginning of the new trading week, growth is still expected towards the current historical highs at the level of 2430 . Scenario №1 , which we gave in our previous trading idea for gold, is already active. The maximum from current prices is...
Preferred direction: Neutral Comment: The British currency is under the strongest pressure from the US dollar among all majors at the moment. In the medium term, the currency pair can be bought, but a more conservative entry will be at the level of 1.22500 , where the nearest support area is located. But even here one will need to wait for a clear signal...
In early trading on Thursday, gold prices fell below yesterday's low, falling as low as around 2305, and then continued to rebound. It seems that 2300 is the defensive psychological price of bulls and is unlikely to fall below easily. Gold’s daily chart shows it has entered a consolidation phase. After the retracement that began on Monday, gold prices once fell...
EURUSD continues to maintain an upward trend on the final day of this trading week. Currently, this currency pair is moving smoothly within an upward channel on the 1-hour chart, approximately at 1.072. This uptrend has been fueled by the recent weakening of the US Dollar (USD), which has positively impacted the EUR/USD exchange rate. As long as the upward...
XAGUSD made head and shoulder pattern. There is RSI divergences on the head which seems like the rend will be reversed.
Hello here some idea For Gold on Daily Basis, I trade as 1Hour as the main candle movement and entry at 15M candle. Strong High Pop Volume on US Season Yesterday mean there is buyers interesting on buying gold again. Im Waiting for pullback on asia seasn on low Pop Volume and before london season open i started entry for long entry and assume will take profit on...
Last week, EUR/JPY respected the uptrend it has on the 4HR timeframe and moved about 250 pips from the previous area of support at 162.500. We can see that it has been holding the 165.000 area as a strong resistace where price has tried to break it a couple of times but has always rejected. As it has been in an uptrend, we could see a potential break of the...