Its a clear shot for open SHORT, i will take TP at 1.03367 and if get break down the next TP at 1.00373
I remain short in NZDUSD, in fundamental NZD inflation rate is higher than USD although its interest rate is higher than USD too. the clear target is at 0.72366
its look like GBP got weaken because or the inflation reached 0.3% from last week at 0%. thats make GBPUSD has a change to open SHORT until it reach its strong support area at 1.49878-1.49506. In major trend GBPUSD still in sideways trend
I Take simple Long for today because of the XAUUSD had a bearish trend
Its seems that shooting star reversal pattern has arrived but the momentum still show a very strong bullish signal. by its fundamental USD stronger than NZD, but i think USD bull still give a chance for NZD to make a higher next week until it will return to the bearish trend that has to be
I think the reason is why SPX to many gain in this week is the Apple (AAPL) big gain, SPX can reach a new high but rationally it should be a correction to its fair price at 2055-2020. In other side the safe heaven which is Gold like XAUUSD has met its support line and has a potention of rebound, that can be a signal for investor to move their money to the safe heaven
I Remain a SHORT for OIL WTI with target price at 46 if it can break down its sideways trend since last week, in other view, GOLD XAUUSD has met its support line and has a chance for rebound that can be a SHORT signal in OIL
XAUUSD Can rebound in this week if stock market decline to make a new high and the OIL back to its bearish trend
Fundamentally NZD stronger than AUD, i remain a short when the price touch S1 1.04255 and a very clear target at 1.02939 and S2 1.01682
By it fundamental USD still stronger than NZD, i prefer take LONG until it reach R1 0.76806 and hope it will be a reversal
I Remain Short to XAUUSD next week because of the stock market closed in a big gain last friday and OIL Price get higher since 2 weeks, investor could put their money to stock market. I take 1167.39 for the colsest target TP
GBP still has a better fundamental then USD this week, the projection target can be at 1.55363 before it can retrace back to its major trend Bearish
I Remain a Long Position to 188.393
16.25 seems can be the best support for going LONG, because its fundamental still in bullish movement. Target price at 17.27, Stop loss at 15.71
120.219 or 120.446 is the best LONG TP Target
1.27114 is the best TP Target