Looking out on the posssiblity to buy at 1.2230 to 1.2281 to create a complete Head and Sholder formation and a possible Sell at 1.2280
GBPNZD Analysis My expectation are quite clear to continue in the channel
EURNZD Analysis My expectation are quite clear to continue in the range
SELL EURUSD Limit Level 1.091-1.094|1.098-1.101 TP=1.083/1.080/1.072 BUY EURUSD Level- 1.089-1.086|1.082-1.080| 1.072-1.070 TP 1.099/1.105
USDCAD Breakout of trend line to head for a downtrend
Gold markets went back and forth during trading on Thursday, grinding away yet again. However, we are running out of momentum as you would expect, being just below a major level. The $1350 level has caused resistance in the past, and of course the shooting star(Reversal Candle) that we formed during the trading session on Wednesday will have only reinforced that...
Price continues to hit low as price continues it downtrend with trend continuation pattern with expectation to hit 1214.20
Price successfully broke-out of down trend on 4h chart around 124.650, contested trend-line with no success, however giving the buyers an opportunity to take charge.
Price reach resistance area to continue a downtrend
The price seems to resume to normalcy after the post news profit booking rally on Friday, Price has broken it bullish trendline in the 1 hr chart, indicating a bearish movement
Price broke Upward Trend line to create potential selling opportunity.
Price touched expected buyers region after failed attempts from sellers to break support area.
Price finally breakout of buyers trend line around 80.083 pushing for a possible sell position with the buyer trying to contest the breakout region.
Price breaks below major support area 1277.60 that has been holding since late last year December and subsequent in Jan. Feb. More discount in price is expected to another major support/resistance area 1202.00
Price broke out of an upward treeline @ 0.71538 followed by a pull back by buyers to contest the broken trend line. A struggle movement by buyers confirms that the buyers are done for the sellers to come in.