EURUSD looks at going Long on the short term, this could continue pushing the pair higher, politics allowing
Although Long term view shows a continuation of the term, short term view is showing a possible retrace to just above 73
NZDJPY Fractals show a continuation of the downward trend
See a drop to around 6780, followed by a rise to possible 1200
Gold rallied up on Friday to close 1571.7. I see at 1582 a possible pull back to the 1510 area, (watch for a break below 1557), but because on recent news in China, this now is less likely. A break above 1582 should see a steady rise above 1600 reaching the Months 1611 high. I do see soon a rise to 1700, the chart shows a small consolidation at this level, if...
An update from my previous chart see below. A preview of my updated chart with more added direction, long term to follow
Bitcoin has many turning points it could make, but should it follow is previous path I see a rise of 160.77% over the coming Year, I can even foresee a possible break above the previous high and moving above 20000, after a possible large pull back, this could happen in Aug but more likely 2021.
Following on from my previous analysis, I have taken the starting point of the next fractal, (R/S 4) from the next main resistance level from January 2013, although R/S 5 and R/S 6 cannot be taken out of the idea I decided to take the lowest out of the three. As seen in my previous chart gold moved along the right fork, this has been projected to the next fractal...
Following on from my previous chart, (see chart below), I have allowed for an end of December low volume correction, I favoured Option 2 from the chart below and it looks very much like this option was taken, just before or early in the new Year I see a pull back to 1480-1463 from around 1517, then we should see a break above 1600 pre January Close
Since the start of September Gold has been in a descending wedge, but since the start of december it has also been in a ascending triangle, I see Gold going in one of a few ways: 1. Short to and breaking below the triangle and a possible return to the base of the wedge, probably around 1420. (dont want to think about this) 2. Short to and bouceing off the base of...
As a zoom in from a previous chart analysis, gold went with pace to 1486, as of late a Trump tweet sent it back to 1470, nothing special here, the overall trend still shows a break of 1600 in the new Year, I forsee further break of 1700 by May
There is still that possible lean to a return to 1400, but there are to many turning points on the way, after going south not north as predicted, (see previous analysis), a touch of 1458 is now on the cards, a return to 1400 is not as I see as yet, if on the short term keep an eye on 1458 and 1450 goes lower go for a 1400 short, if onthe long just hold out for the...
Moving forward from my previous analysis, gold moved as predicted, (see previous), as is near the exit of the zone, I see a rapid rise to 1500, from there I predict a further rise to a new high, but a fail at this point may see a fall to the 1400 level, fingers crossed
I can see Bitcoin coming to the end of its southward bound run, from the Jun 13868 high, I forcast a northward push from a Dec low of around 6082
This pair at the moment looks like it could go either way, the trend is dominant short, so a pull north should be short lived.
This is my long term view on gold going to March-april 2020, a continuation on my previous charts
A break of 1.27733 should give the GBPUSD pair a dominant push south to around a new low of 1.6582
The pair look like following the same trend, not much change here, continuance