Forex_Crafts

Forex_Crafts

Price has bulled to the upside from the starting of November and now near a resistance level. On the rally up we have not experienced any significant retracements to previous structures and levels. Can we expect a retracement from this resistance at 1800 or will price continue breaking these levels to the upside? In the markets ahead of the US fundamentals to be...

Forex_Crafts

On the fundamentals that were released on the last day, we saw ADP Non-Farm Employment Change (Oct) beat consensus by 44K and the previous by 47K Positive Crude Oil Inventory release and the well anticipated Interest Rate Decision increase. FOMC Press Conference drove the dollar even higher. More fundamentals to follow with an early indication from during the week...

Forex_Crafts

We've seen that XAUUSD made some gains yesterday and because of the fundamentals that were released yesterday we saw a retracement but could erase the gains made for the day. ISM Manufacturing was 50.2 beat the consensus by 0.2 but low from previous by 0.7 JOLTs Job Openings from September were released to be 10.717M beat the consensus by 0.717M and the previous...

Forex_Crafts

We can see that the price of XAUUSD opened BULLISH as we can observe an increase in bullish volume, becoming strong. Price has formed a lower high indicated by the support trendline, with some ingulfing candlestick signal at the bottom... A break of structure to the upside can be favorable to buyers on the short term but will have to push very hard to break the...

Forex_Crafts

On this chart I outlined the technical analysis and forecast. I would like to hear from you what economical fundamentals could be playing a role in the downtrend of XAUUSD at the moment, especially USD related and the possible factors we could look ahead of in this final quarter of the year. Feel free to engage, let's hear what you think.

Forex_Crafts

Price rallied down throughout the week to reach a sweet spot on Friday, possible buy trades from the support level. What do you think?

Forex_Crafts

As indicated we have seen the yellow metal dip for about over three quarters this year. The key question is when will this end and what are the fundamentals that could support the reversal or are there fundamentals that'll emphasize the dip even further? Let's hear your comment on this. Drop your opinion and BOOST the idea to get more insight on what might follow.

Forex_Crafts

XAUUSD has been consolidating between Support and Resistance zones. What do you think will happen from where it is now?

Forex_Crafts

Price broke out of a trend with an impulsive move followed by a retest, Buying Signal. What are your thoughts? Drop a comment, Like and Follow.

Forex_Crafts

Price has been rising from the beginning of the week and we can expect it to close higher. Looking to buy from the current Support Zone. What are your thoughts? Drop a comment, Like and Follow.

Forex_Crafts

Price has formed a Reversal Chart pattern indicating that there could be a BULLISH market rally. Will be looking for buying signals on Shorter time frames. What are your thoughts? Drop a comment, like and follow.

Forex_Crafts

Price has been in a BULLISH CHANNEL for the past week and it has formed a Symmetrical Triangle that could indicate a continuation to the upside. Considering also the effect of the PRESIDENCY DEBATE could make on USD. What are your thoughts? Drop a comment, like and follow.

Forex_Crafts

Price has been forming a Head and Shoulders Reversal Pattern indicating a SELL OFF to the downside. What are your thoughts? Drop a comment, like and follow.

Forex_Crafts

As we have seen in the past weeks the Pound Sterling has been selling off and that trend can continue into the fourth quarter of the year. On GBPCAD price broke below Support and now we can see a Retest of the Resistance(Previously Support) forming a head & shoulders pattern. Will this pattern complete? What are your thoughts? Drop a comment, like and follow.

Forex_Crafts

USDCAD has been ranging for the past week and now there has been a formation of a reversal pattern. With the weaker strength of the US Dollar we can see a selloff on USDCAD. What are your thoughts? Drop a comment, like and follow.

Forex_Crafts

Will price break the Resistance to the upside to reach higher prices OR will the Resistance hold price below? What are your thoughts? Drop a comment, Like and Follow. Check the attached Link to view the previous analysis on USDCAD.

Forex_Crafts

Price has been in a Bearish Trend for the past weeks and it is now at the Support Zone. Can we expect price to drop even further to the downside OR can we expect price to Rise up from the Support Zone? What are your thoughts? Drop a comment, Like and Follow for more analysis and updates. Thank you for your SUPPORT.

Forex_Crafts

Price has been ranging and it is still in the Ranging Zone. Can we expect a zone breakout to the downside as the US Dollar is gaining strength OR can we expect price to continue Ranging? What are your thoughts? Drop a comment, Like and Follow to get notifications and updates on Analysis and. Thank you for your Support.