Gold For this week I see it creating an FTR at this current point, Price could just reject down to 1266.00. Over all trend is bearish. 1240.00 is the long term projection.
will be waiting to see how Sunday and Monday candle close.
Hello everyone,
Seeing Gold coming down further to support, expecting a bounce or completely melt. I will be waiting for candle confirmation to look for an entry. At this point I am expecting price to continue to drop and ideally reject the 1290 zone to continue down.
Ones again it all depends how market open tomorrow and candles form around this zone.
Hello,
For gold this coming week depending how it open Sunday evening we can expect a drop to 1280.00 zone. From here we would want to see price action either break to continue down to 1255.00. if we do hold this area we can expect a retest back up to 1312.00 then continue down.
For now we will have to wait and see how price forms around 1280.00, keep in kind...
Hello,
posting analysis for GJ, lets keep in mind we are still in consolidation zone. We ideally want to wait for a break of 144.100 and enter on a retest. A more aggressive entry would be around 144.850 zone. Ideally you want to wait and see how Sunday evening opens and enter on price action confirmation.
First target for a short would be at 142.000
Second...
Euro is currently accumulating orders. In sequence to the USD dollar being weak from its new it has helped the euro gain some strength. Currently broke mayor zone and came back to minor zone to be able to continue.
Happy trading
NZDUSD had a great week after good news coming out.
Ideally we want to see a retest at the top, currently showing some rejection.
Ideally we want to see a rejection candle so we can know for sure price is going to reject the mayor 4hr zone.
USDJPY last week we saw a retest before the market closed. Ideally we want to see rejection on the 30 Min TF and a break of the trend line to enter.
Projecting price to drop to minor zone and bounce from there.
We saw last week a break on the trend Line, expecting price to come up for a retest and then continue down.
We could possibly see price come further up before continuing down. Ideally we want to see rejection on trend line,
to continue down.
UJ sits collecting orders after a whole week of pure consolidation. It can truly go either way, places to watch is daily resistance at the the top. Waiting for candles to close and New York to open to provide proper volatility to see a push. If this doesn't happen ill be waiting for a trend Line break to enter on a short.
