Doge is in a strong downtrend but there might be some hope for bears if it can breakout of this wedge. Best option right now is to wait for a breakout either way
Previous selloff is most likely because of investors selling the news and panicking and normal pullback. I expect longer term investors to add to their positions and new traders seeing a buy the dip opportunity. My projection is that we should get to $1.25 and SL around $0.35
This is a signal for a quick buy trade when GU bounces on the short term trend-line. * This is just my opinion and to be used for educational purposes only. This is not trading advice.
This is my general outlook for GBPUSD this week,favouring a bullish trend.
Looking to short USDCAD, signal details: USDCAD Signal - Sell @ 1.36495 SL: 1.37088 TP: 1.35309
Taking a quick EURUSD Long trade
Gold has been moving higher over the past few trading days, however, it's hitting a strong resistance zone. I'll be looking for a break below the 1748 level which might signal a possible short trade once we have a few more confirmation. If it does break above 1754 then I would be looking for some confirmation to go long.
Retail news was not that good for CAD and USDCAD just tested a H4 uptrend and is moving with bullish momentum
Expecting this pair to test and continue moving towards the upside to begin a longer-term uptrend move
Looking at this possible Short AUDJPY trade.
What's next for Gold? US data just send it launching into space. So now we're waiting to see what it does next. Here is my analysis and outlook.
Expecting decent pullback on the EU, should be good for a quick day trade
Gold has broken through several major support levels and the better then expected employment news from US has driven it to an over sold area. Considering the economic and geopolitical issues in the US and around the world and the current technical levels, I expect Gold to start a rally to the upside this week.