My prediction for GOLD (XAUUSD) Im a SELL for this.
Why?
Big Red Candle in Daily
Retested 1740s to 1757 already
Broken the support at 1730s
Engulfing Big Red Candles at 4H
Strong USD
My Projection for Next Week USDCAD
Why Bullish?
- Weekly trend is bullish
- Last week's candle is a half wick red candle (showing bull power)
- Daily candles had a breakout from accumulation stage
- We bounced from 1.3840s (strong support) last week
- Strong USD News
- 4H Big GREEN CANDLES
- Retracement has started at 4H
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Projection for $EURNZD next week..
Why Bullish?
- Consolidated at 4H
- Small Green and Red Candles
Gathering strength and orders, we just need a big RED Candle from BELOW.
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EURUSD Forecast for NEXT WEEK. How will it end for the month of May? My BIAS is SELL..
Why? Big RED Candles at 4H. Bouncing at Fibb Key Points.
Big NEWS: All 50 states have begun reopening, easing restrictions on businesses and social gatherings after two months of lockdown. Plus US-China Tension. (Strong USD)
Will it happen? We will see next week.
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