Duchess_of_Forex

Duchess_of_Forex

I'm predicting GBPJPY shorts down to 154.500 this week. - Price has created a double top on the weekly timeframe, the overall trend is bearish. - Price has made a massive corrective move to the upside the past two weeks. - Price will now continue it's bearish trend. - Price will find support on the daily 50 EMA at 154.500.

Duchess_of_Forex

I'm predicting GOLD shorts down to 1775.000 this week. - Price had a very corrective shallow pullback to the upside last week. - Price has met resistance with both the 50 and 200 EMA's. - The overall long-term trend for gold is bearish so this will be a trend-continuation. - Beware of CPI news on Thursday.

Duchess_of_Forex

GOLD is finally ready for it's bullish continuation, after having a deep pullback to retest the daily trendline. - Gold price target is 1825.000. - Gold's Thursday's daily candlestick has closed as a doji, indicating a potential reversal. - Gold has created a double bottom chart pattern on the 4-hour timeframe. - This is a swing trade, be prepared to HOLD your positions.

Duchess_of_Forex

GBPUSD is finally ready to make a BIG bullish reversal! The reversal is likely to happen during London session on Friday so be ready! - GU's Thursday's daily candlestick closed as a pinbar, indicating a potential reversal. - GU looks like it could potentially be making an inverted head and shoulders pattern on the daily timeframe. - This should be a strong...

Duchess_of_Forex

- GOLD has created a double top on the 4-hour timeframe. - GOLD has rejected weekly resistance twice. - GOLD retraced to the 50 FIB extension and lines up to the -68 extension perfectly for TP's. - Gold created an evening star variation on the daily timeframe.

Duchess_of_Forex Updated 

- Gold finally broke structure yesterday and reached weekly resistance. - Gold hasn't had a daily pullback in 16 days, overdue for a higher timeframe retracement. - I believe gold will come down to retest the 1887 structure level, however we have to wait and see if it will break it to the downside for long-term sells. - The DXY has created a triple bottom, showing...

Duchess_of_Forex

- EU made a shallow pullback to the 38 FIB extension on the 4-hour timeframe. - We need to wait for EU to break structure at 1.22395 to confirm long-term bullish trend. - EU created a triple bottom on the 4-hour timeframe. - The DXY has created an evening start on the daily timeframe, showing weakness. This is a short intraday trade for roughly 70 pips.

Duchess_of_Forex

- GJ had a shallow pullback to the 23 FIB extension on the 4-hour timeframe. - We need GJ to break structure before taking long positions to confirm long-term buys. - GJ is trending above the 50 EMA on all timeframes indicating bullish momentum.

Duchess_of_Forex

- GU has finally broken monthly resistance, confirming a long-term bullish run moving forward. - GU had a shallow pullback to the 38 FIB extension during the Asian session. - The DXY created an evening star on the daily timeframe, showing signs of weakness. This is a short intraday trade for roughly 50 pips.

Duchess_of_Forex

- GU has been ranging for a few weeks, set your TP within the range. - GU reached monthly resistance and needs a deep pullback before it can break it. - Friday's daily candlestick closed as a hanging man, which is a bearish reversal signal. - GU is currently creating a double top on the 1-hour timeframe. - We need to wait for GU to break 1.41000 (daily support) to...

Duchess_of_Forex

- GJ has reached 156 weekly resistance and needs a deep pullback before it can break it. - GJ is currently creating an evening star on the daily timeframe, which means GJ will be bearish for a while. - GJ is due for a higher timeframe retracement. This is a short intraday move for roughly 60 pips!

Duchess_of_Forex

- AU has been consolidated for the past month so set your TP's within the range. - We need to wait for AU to break 0.77000 for a big move to the downside. - The DXY has created a triple bottom and is showing signs of strength. - AU has created a head and shoulders on the 4-hour timeframe. - AU has been bearish since February, my bias is sells.

Duchess_of_Forex Updated 

- GU has reached monthly resistance, it's unlikely to break it without a deep pullback. - GU has created a double top on the 4-hour and weekly timeframe. - The DXY has created a double bottom and is showing signs of strength. - GU hasn't had a weekly pullback in 6 weeks so it's due for a higher timeframe retracement. I think this is the beginning of a long-term...

Duchess_of_Forex Updated 

- GJ has created a head and shoulders pattern on the 4-hour timeframe. - GJ has created a doji on the weekly timeframe, displaying signs of a reversal. - GJ hasn't had a daily pullback in 21 days, it's overdue for a higher timeframe retracement. - The JXY has created a double bottom, showing signs of strength. I believe GJ will be bearish for the next week or...

Duchess_of_Forex Updated 

- EU has created a double top on the 4-hour timeframe. - EU has reached monthly resistance but needs a deep pullback before it can break it. - The DXY has created a double bottom showing signs of strength. I predict EU will be bearish for the next few weeks, my bias is sells. Let me know if you agree or disagree with my analysis in the comments.