Dear traders, based on the chart, the pair is near a very important zone for a trend change decision. If the trend line or the support around 1900$ hold, a short term bounce is possible. Other wise the overall trend would shift to bearish for a longer term. Let's See!
Dear traders, this pair has been in long time bearish cycle. Again, this pair is at a point, in which, a bounce to the upside is very probable. If so, depending on the pull back depth, a trend change would not be strange. An inverted h&s pattern with increasing positive momentum would help the upward correction formation. Let's See!
Dear traders, bullish exhaustion could be clearly detected on this pair and a bearish h&s pattern accompanied by a diminishing MACD signal for a very probable fall on this pair. The targets could be located at 89.50 and 88.50, respectively. Let's See!
Dear traders, it has been a long time traders are selling this pair on any short time correction. However, it seems that bears are loosing power just above 1.2000, the psychological level. Besides, an inverted forming h&s pattern could trigger a bullish movement towards 1.2200 or even higher. Let's See!
Dear traders, gold is under a slight selling pressure by the formation of a bearish h&s pattern. Momentum is slightly decreasing as well. This could lead the pair for a re-touch of the support zone. Let's See!
Dear traders, recently we have witnessed a deep pull back on this pair after breaking the rising trend line. This could be near its end if the pair re-touch the broken trend line and MACD becomes negative. These could push the pair again towards 1.0610 and maybe lower. Let's See!
Dear traders, as the chart shows, an inverse h&s pattern is forming and this pattern would hold while the price stays above 0.8930. Look carefully the MACD's sign to enter long for the target around 0.9100. Let's See!
Dear traders, gbp is gaining momentum versus chf by bouncing over the WP. It needs to break the falling trend line. Short term target would be 1.2815. Stop loss could be defined below 1.2680. Let's See!
Dear traders, as we could obviously understand out of the chart, the overall trend is strongly bullish, a bullish butterfly is formed, the minor falling trend line is broken and MACD has turned positive. These all indicate an ideal condition for Copper to revisit 488$ and beyond. Let's See!