After the RBA's decision, the bulls prevailed with the currency pair EUR/AUD. Yesterday the trend line was broken and the price returned to test Fibonacci's 23.6, arround 1,6280. We expect correction around 1,6250 and go up.
XAUUSD is approaching our support zone 1206-1213$ (61,8% - 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to resistance at 1240.00 and next resistance 1265.00
GBP/JPY Long term Buy Opportunity
New opportunity regarding NZD/USD The currency pair is trading around 0.6518 at the time of writing! We see the starts of new H1 up-trend (higher bottoms and higher tops)! After that the price breaks up the key level around 0.6500, as well as we wathing a high volumes in the past 24 hours. The strategy is as follows: We have to wait test of 0.6500 level and also...
The excellent opportunity for short USDCAD 1. Tremd H1, H4 down 2. 38.2 FIBO = SELL 3. Strong level Target 1,28 -> 1,27
Very good opportunity to buy GOLD! After yesterdays rise in gold, today the price is stable and we are looking for long/buy entry. Excellent opportunity to buy gold will be around $1200. The potential of rising is near by $1232 level ! The model will break down around $1184!
Potential opportunity for sell eurnzd.Tthe time frame is H4 ! Potencial target is around 1.47 area!
Potential opportunity for BUY GBPJPY. The currency pair forms a triangle which breaks resistance line at present, the time frame is H4 ! Potencial target is around 150.97 area!