As you will see on the daily chart, Crude price break below the symmetric triangle and moving towards demand zone. 42.40 is our first target mid term. Before 42.40 , 45.26 exists as an important support level. Crude H4 Chart for intraday trading : Possible pull back levels are 46.90 and 47.18 which we can use as a SELL opportunity. 46.48 and 46.08 are the...
GOLD bulls and bears are on a battle line. XAUUSD Price tested 1290 USD again. And closed the day @ 1287 USD . Fundamentally nothing changed. XAUUSD Daily Chart with MM Lines, Moving Avarages , Bollinger Bands : GOLD Price is above MA5 , MA12, MA20 , MA 50 , MA100 and MA200 Price is above 1281.25 ( Pivot Reverse MM Lines 6/8 ) Possible Pull Back Levels 1281...
1.6880 is the Fibonacci Retracement level 61.80% of the upward movent from A to B . This level worked as a good support. I will be waiting for the Fibonacci Correction line at 1.6880 level to break for the rest of the downward movement. With the break of this suport , EURUSD can move towards 1.16100 and 1.15450
Inverse Head and Shoulders pattern for USDCHF seems to be completed soon . Technically, as the formation resistance is up-sloping, ultimate resistance will be 0.977500 With the breaking of this level following levels can be tested : 0.9790 0.9880 0.9920
NZDCAD Forex Trade Idea : 0.92 support is very important but the big downside movement may start than expected When we look technically On daily charts NZDCAD Futures, the Rounding Top, will initiate major action when the price break the 0.92 support. 100 EMA and 200 EMA’s resistance above positive for bears On H4 Chart : When the short-term uptrend...
Trade idea that I published in my blog during early Europe Session was a SHORT Trade accorning to Murrey Math Lines and Fibonacci support and resistance. TP2 levels was 47.70 and we almost reached the target. Now we have 47.00 Fibonacci retracement 50% of short term movement. So my trade will be keep SHORT positions targeting 47.00 and 46.26 Here you can find...
Price tested the border of the Cloud ( Buy Area ) resistance and reversed. LONG TRADE with Targets : 1.78000 and 1.79000
Gold prices moved lower for a second consecutive session on Tuesday, as tensions between the U.S. and North Korea appeared to subside and as the greenback strengthened subsequently. An intraday trade idea : SHORT XAUUSD TP 1 : 1265 TP 2 : 1263 And LONG again Good Luck
I do not trade BTCUSD so oftten . However I can not keep my eyes closed to this instrument. I will try to make a simple technical analysis and I will enter a trade accordingly . BTCUSD Trend : We have a strong bullish markets. The price bounced from the reversal zone formed by the top border of the price channel and 3500.00 resistance level . Then the market...
As long as the GBPAUD price holds above 1.6530 1.6560 and 1.6720 will be tested.
Fundamentally LONG signals from both GBP and NZD sides are coming. There is a big profit area above the current levels. Wait a little bit more and and enter the trade with big profit pips.
GBPJPY is testing the FIBO Expansion Line. With the good news from UK PMI Data , GBP bulls are getting more agressive. JPY is still under pressure of BOJ . When we look at the GBPJPY H4 Chart we see that GBPJPY is testing the FIBO Expansion line AT 146.460 Above this line there are three levels to be tested : 146.750 , 147.300 and 147.700 So it will be a...
Crude Oil Tested 50 USD levels and price reacted from this level. There is a supply zone between 50-52 USD . When we look at the H4 chart on CRUDE OIL possible pullbacks towards 47.10 levels are normal. The first important level is 48.80 . This is the mid channel of BB and acts as a support .H4 closing above this level will carry the CRUDE OIL price to...
Possible pull backs to 1264 and 1256 where the FIBO retracement lines exist , are buy opportuniy. Central Banks are collecting physical gold . Big upside move on XAUUSD is very close .
GBPJPY clearly shows that the first target is 148 which is the 2 month's high. Possible pullbacks are buy opportunities.
Rising trend line works again and the price up towards 1274 and 1296... Mid term targets are 1310 and 1340 ... All pullbacks from the current level of 1250 are buy opportunity . Good Luck ...
XAUUSD GOLD H4 Chart : As seen on the GOLD H4 Chart , price tested MA50 SUPPORT @1259 but could not break the support. Gold Price headed up from 1259 to 1264 usd FIBO 61.80 resistance level. XAUUSD price is above FIBO retracement level and MA20 . The first target will be 1270 . After 1270 USD gold price will test 1275.75 and 1280 USD . We still LONG on...
It is possible to continue down side move 141.500 and may be lower 140.600 , before the upside move to 144.500 and 148.000