Here is what to expect on Gold RECAP: In our previous analysis the pair was trading @ $1694 We expected the pair to be bullish but did caution that the pair might attempt to touch June 2020 support level & this is what happened. None of our positions were triggered which we posted in our previous analysis but we entered longs/buys around the support level @...
Here is our analysis on EUR/USD RECAP: In our previous analysis the pair was trading @ 1.19300 We expected the pair to touch support @ 1.18600 before retracing back to 1.19500 and this is exactly what happened The pair triggered our Sell Stop at 1.19 & hit our TP @ 1.18800 which we adjusted & closed at 1.18700 banking us 600 pips on the pair. WHAT TO...
Here is our analysis on GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.38200 We were bullish on the pair but still cautioned some downward movement on the pair due to a bullish DXY The pair touched support @ 1.37800 triggering our Sell Stop & hitting our TP @ 1.37800 Banking us 400 pips on the pair. WHAT TO EXPECT: We are still bullish...
Here is a quick analysis on the pair. RECAP: In our previous analysis the pair was trading at 1.20 We expected the pair to continue being bearish & mentioned the possibility of the pair testing lows of 1.19500 & also touching the 1.18 mark The pair however did retrace back to 1.21 level triggering our Buy Stop & hitting our TP Then fell from those highs to...
Here is an Update on Gold: The pair has hit our Sell order TP & is also trading close to June 2020 support If the pair breaks below this support then we will see it trade at lows of $1600 On the other hand if it manages to trade back above $1720 we expect it to test support resistance at $1740 NFP Report coming out today will guide gold's direction. OUR NEW...
Here is an update on GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.39600 We were bullish on the pair but cautioned some downward due to bullish DXY The pair triggered our Sell stop @ 1.39200 before a quick reversal forcing us to swing & also open more sell orders The pair then hit highs of 1.40100 which triggered our Buy Stop @ 1.39800 & hit...
Here is what to expect on GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.38700 We were bullish on the pair but cautioned that if the pair broke below current support We'd expect some downward movement The pair however continued its uptrend triggering our Buy Stop at 1.39 & hit our TP at 1.39200 which was adjusted closing our buy order at...
Here is what to expect on Gold RECAP: In our previous analysis Gold was trading at $1720 We were bullish on the pair but cautioned that some downward movement might have still been possible We had Buy Stop orders open at $1730 which was triggered by the pair but did not immediately hit our TP forcing us to bank profits @ $1733 & opening new buy orders @...
Here is what to expect on GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.39100 We expected the pair to go back to 1.40 after the formation of a bullish harmonic pattern But a strong bullish DXY limited GBP's bull run The pair triggered our Buy Stop at 1.39800 & almost hit our TP at 1.40, which we then closed at 1.39900 Today the pair...
Here is an analysis on EUR/USD RECAP: In our previous analysis EUR/USD was trading at 1.20880 We expected the pair to try and break resistance at 1.21-1.2800 The pair didn't manage to break above this resistance We noted that if the pair doesn't break above this resistance it will fall to lows of 1.20200-1.20 And that's exactly what the pair did. We managed...
Here is our analysis on Gold RECAP: In our previous analysis Gold was trading at $1751 We expected the pair to try and test previous support/resistance at $1765 The pair however struggled to continue its upward movement We noted that if the pair struggles or rejects this upward movement it will go back to last weeks lows of $1717 And this is exactly what the...
Here is what to expect on Gold: RECAP: In our previous analysis Gold was trading at $1760 We expected further movement to the downside to at least $1745 Gold reached lows of $1717 breaking below the descending channel and support/resistance at $1750 We entered buys at $1725 & $1735 (posted on our signal group) which we have now closed at $1750 Banking us 400...
Here is what to expect on EUR/USD RECAP: In our previous analysis the pair was trading at 1.21100 The pair then hit lows of 1.20630 due to a strong bullish momentum on the US Index (DXY) We had an active sell order on the pair from our sell positions on our previous analysis which at 1.21700 which we closed at 1.20800 banking us 1800 pips over 20 positions on...
Here is an update on the DXY Bearish Harmonic Pattern formed on 4H chart US10Y down to 1.40 Possible bullish/reversal on these major pairs GBP/USD EUR/USD GOLD Update on these pairs following shortly
Here is an update on the EUR/USD Currently in an active sell order from our previous analysis We are still bullish on this pair The pair has just touched support/resistance at 1.20800 Look out for a reversal DXY is also approaching support/resistance at 90.8 The pair is still within its ascending channel so long term its still bullish We will post our...
Here is our analysis on gold The pair is currently at $1760 The pair triggered & hit our TP for our Sell order, see previous analysis linked below We expect either an immediate reversal or a continuation to $1745 range before a reversal We haven't placed any orders on this pair but here is a set up on where we would set up our positions If reversal is...
This is an update on your previous analysis We are still currently holding positions from our previous analysis The pair triggered and hit our Sell Stop TP @ 1.39900 which we have adjusted We are currently in an active Sell Order on this pair. New Positions: Current @ 1.39100 Sell Stop @: 1.38800 Sell Stop TP@: 1.3600 Buy Stop @: 1.39800 Buy Stop TP @:...
Here is what to expect on GBP/USD RECAP: In our previous analysis GBP/USD was trading at 1.40260 We expected the pair to retrace to 1.39500 & had Sell Stop orders at 1.39800 The pair continued its bullish momentum so we removed GBP/USD from our watchlist We did however capitalized on the retracement from 1.42 to 1.41 which enabled us to bank 2000 pips on the...