tradinganalysis

Watch the full video analysis here: https://www.youtube.com/watch?v=km8lkVzQau8 So the big question many of my clients have been asking is, where is the gold price going? Well contrary to popular belief, I believe that we may see a strong move to the downside before we see gains in the price again. There has been a structure break to the downside on the daily ...

This coin has caught my eye because I have been seeing lots of volume spikes. Will make for good entries and exits in this uptrend

USDJPY buying week

Gold has formed bearish bat pattern as we can see on the chart. So according this pair, from the D point, gold should fall. Already it started falling after touching D point of bearish bat pattern. Expecting bearish rally and target can be 1137 level

On the chart, we can see some support and resistance level for this pair. On 28 December, we saw rejection from 123.20 level. This pair is still on bearish momentum since yesterday. On the resistance level, we saw evening star on h4. We can expect more bearish movement on this pair. Now 121.65 level is acting as support for this pair. If this pair can break this ...

On a long term view, EURUSD is still correcting. If price rally above 1.0990, the pair may continue to be bullish for the next trading days. On the other hand, a break below 1.1020 suggests that correction is over and will push price lower.

As we stated in our last week's analysis, cable may rise up once more reaching 1.39-1.41 levels before downtrend resumes.

Like Gold, Silver rallied as high as 21.10 before it turned down. Currently, price is trading sideways which may go as low as 19.00 area. A break out from its corrective channel will signal that this metal is back to being bullish once again.

Last week, this metal did rally as high as 1375 and is now trading lower. As long as Gold manages to stay within its channel, price may once again soar up towards 1350-1355 before going down once again.

Aussie price is still correcting and may rally to as high as 0.7700 as long as 0.7575 holds. A break below that level suggests that this pair already topped at 0.7650.

Price made a decent 5 wave down which has already ended at 1.2795. Ideally, cable may temporarily rise towards its 61.8% retracement at 1.4165 area before downtrend resumes.

As long as euro price is contained inside its corrective channel, price might still push up towards 1.1225 area. But a break below 1.0910 may confirm that the trend is once again bearish.

AUDUSD is still correcting sideways inside corrective channel which may push price higher towards 0.7800 area. But when it breaks below 0.7300, bears might be back once again.

Oil has been trading sideways, yet we are bullish where price is anticipated to reach 55-60 area.

Like Gold, Silver may reach 21.50-22.00 area days from now.

Gold is seen to push towards 1390-1400 area days from now while awaiting NFP on Friday.