PyramidFx

Gold has formed bottom 1267 for longer term uptrend, silver movement align with gold. Remains within falling wedge but likely see rally to follow. Gold.

GOLD, soon next 2-3 weeks gold will start its seasonal bullish movement for longer term. while usd suspect down mid of May.

US30, Dow Jones price testing high of january 2018, after 15 months price reached top zone, Huge Supply zone there for longer term selling. it may take few weeks to complete the targets.

USD Index. making tripple top, bearish divergence formed while price moved upside with low volume. professional done profit taking by both side closing long and short positions. no more interest upside by large speculators.

USDCHF, large speculators did profit taking on usd by closing both short and long positions. while banks opened both sides positions. in CHF shorts positions increase 1%. suspect strength in chf now.

CADJPY, bearish divergence formed for selling. price testing monthly resistance area march 2019 84.00-84.10. suspect fall reason seasonal strength expected in jpy pairs soon.

MXNJPY, suspect down, price on strong weekly resistance area. jpy strength suspect ahead, mxz is extreme bearish divergence.

USDJPY, USD weakness start in there for longer term. while jpy getting strength on seasonal basis. usd/jpy behaving like retracement to the upside suspect big drop longer term target 107.80

NZDJPY, NZD 1k short vs 4k long last week i.e long erased. in Jpy no change in this week. weakness in nzd may cause to move down for targets 74.00, 73.40 & 72.50

copper, price making double top on copper in daily time frame. Non-commercials reduced long positions 6k in copper, long% decreased 2%, while short% increase 2%.

GBPJPY, Commercials and large speculators closing their positions in gbp both long and short, mean commercials and large speculators profit taking from both sides. long% decreased 2% while short% increased 2%. in jpy commercials and larges speculators doing same behaviour like gbp i.e profit taking. suspect one more spike upside to catch stop losses of weak holders.

USOIL, WTI, CRUDE OIL, oil price in range between 55.00- 58.00, high probability to break resistance level 58.00, in such case next target will be 60.00 & even may be 61.00

XAUUSD, gold testing historical strong support level 1277 low of january 2019.

EURJPY, eur suffering political turmoil, professionals not any interest for eur bullishness. jpy Risk Appetite pair adding strength in there.

GBPNZD, pair formed two bar reversal in 4H time frame. nzd is storng, retracement in gbp/nzd completed. high probability for down move.

#USDCHF, @USDCHF, usd/chf suspect make double top, price may spike to catch stop loss, longer term down for targets 0.9910 & 0.9850.

#USOIL, #WTI, OIL in range between 51.10 & 55.70 in whole month from 15th January. it tested support moving towards resistance.

#AUDUSD, @AUDUSD, aud/usd price being accumulate for bullish movement. price falling since last three days without volume, mean no supply in down movement. take two positions by dividing half risk on both, one for short term target while 2nd for longer term target.