Cable it seems is still contained inside a bullish channel. Price already retraced past its 61.8% retracement, and could still go on. Invalidation level is set at 1.4769 which when breached, will make us stick to our alternate view.
EURUSD is believed to be on its corrective stage. Temporarily, price is anticipated to go up, around 1.1216 - 1.1240. Overall, trend is still down.
Australian Dollar is currently on its corrective wave. Target is toward 0.7380 (38.2% Fibonacci retracement). Watch out for the bears (long term).
Upside movement is limited up to 51 since we believe that it is near toward its top. Bearish movement will resume afterwards (long term). Bulls beware!
Silver is still correcting, targeting 15.35 - 15.25 both relevant in its fibonacci retracement levels.
Gold continued to slide down, breaking the channel that holds the correction that started since February. We believe that bears' movement is limited towards 1197-1190 before price rises once again. Happy trading traders!
Crude Oil price if went past 47.53, might signal for bearish move. Let's wait and see.
Silver is still contained inside its corrective channel. But we see that downside is just limited towards 16.455 - 16.400. Long term, still bullish on this metal.
AUDUSD movement did not manage to reach the correction anticipated. Instead it continued lower. Still, price may post for awhile around 0.7155 area before correction starts. eeetradinganalysis.wix.com
GBPUSD broke out of the bullish channel, as stated in the previous analysis, reaching 1.45900 area. Bulls has still more to give, as long as price don't slip under 1.44 area.
AUDUSD can still go upside reaching 0.73350-0.74080 as long as previous low 0.72445 holds.
EURUSD has more way to go down. Target is around 1.0650-1.0630
Gold is still contained inside a bearish channel. Downtrend might continue until 1240-1230 area is reached. eeetradinganalysis.wix.com
Short term, we are long but limited. For details, check our website for more #free charts: eeetradinganalysis.wix.com
USDJPY long term, we are bullish, although a minor correction could occur soon. For details, visit our website: eeetradinganalysis.wix.com
GBPUSD still in a corrective move. Short term, we are long. But limited. For details, visit our website: eeetradinganalysis.wix.com
AUDUSD has more to go to the upside. For more details, visit our website: eeetradinganalysis.wix.com
Short term, we are bearish towards 1.1170 For detailed analysis, please visit our website: eeetradinganalysis.wix.com