husylzy

husylzy Updated 

The yellow metal falls to 1293 usd/ounce, due to a great amount of mysterious sell off out of a sudden. If the support -- 1272/1273 holds well, then it is more likely to bounce back to 1296 in the following days.

husylzy

As the greenback fails to conqur new high and the maket is affeted by the fear of unclear Brexit and global economic recession, this yellow metal is supported well @1284 recently. Last night, the price tested 1303/1304 and then quickly fell back under 1300 and tested 1296/1297, now it has potential to go upward test 1311. Price is in a triangle zone, and 1311 is...

husylzy

USDJPY is still in the forming of upward trend. The support to be seen is range of 111.20 and 111.27 which has been tested twice this week. Once breaks 111.127, head and shoulders pattern can be confirmed. The next support beneath is around 110.77/110.80.

husylzy

EURAUD is still in the downtrend from Oct 2018. It is worthy to short when it reaches the resistance of trend line. Stop-loss:1.5900 Take-Profit: 1.5600 P/L = 2:1

husylzy

The price approaches 1.1450 resistance. It worth a shot. :)

husylzy

Next support below is 1228.

husylzy Updated 

According to the H4 chart, the price is in the process of forming Triangle, and now the price is right at the resistance of the trendline. It is more likely to go down test 1216 again. If 1216 didn't hold, then the price would be heading to 1211. If 1230 be broken out, then the price would go up test 1235.

husylzy

The price is filling the gap right now. looking for entry around 1.5600

husylzy Updated 

In the early morning, the price surged to 1216 but then slumped back under 1212, 50% Fibo retrace. I still consider the main trend of the Gold to be downtrend. As previously, the price found support at 1160 and then went upwards to 1243, which we can see from the chart that, 1235, which is the 38.2% Fibo retracement of the downtrend that began from April 2018,...

husylzy Updated 

The price is trading in a tight range and near the trendline. The power of support of recent uptrend is limited and pull-back is weak. I tend to short EURAUD around 1.5860 which is the 23.6% Fibo retracement.

husylzy

According to the H4 graph, the price has been stooped by the downtrend line and is in the process of forming triangle pattern. What needs to watch is that the MACD is falling while the price is heading up, and the MACD now has gone through down 0. As for short term, 1.3100 has been confirmed to be resistance. It's worth shorting this currency pair around...

husylzy Updated 

The price is now in the middle of downtrend. Could find some opportunity.

husylzy

MACD was falling when the price was going up, and the MACD eventually went down through 0. The price can be seen continuing falling after 1.615 being confirmed support-to-resistance. First target be 1.6100.

husylzy

In reference to H1 and H4 chart, the price is forming a downtrend, showing lower highs and lows. Wednesday, the Gold tested 1229 which is the resistance of the downtrend line and then found support at 1220/1221. Before the Euro market, the price goes up to around 1224, which is in the middle of the channel. I'd like to short at 1227/1228, of which the SL would...

husylzy

On Monday and Tuesday, the Gold tested 1232/1233 once a day, and now the price formed a pattern of Double-Top, confirming 1225 being the resistance (support to resistance). It is more likely to test support at 1216/1218. If the price went straightly down and broke 1216, then I would see 1210 be the next stop. If the price got supported at 1216, then 1225...

husylzy

On Monday, XAUUSD surged to 1233 and then turned back down, finding support at 1224. As the Greenback being supported at 95 and the stock markets around the world slowing the selling, XAUUSD may go down test 1222. The trend is still seen as uptrend, 1222 should be a position to long, IMO. Let's see~!

husylzy

Thursday, during the euro period, XAUUSD went up from 1191, 1197/1198 showed some energy, but the price continued trading up to 1205/1206, then 1210 and went directly to 1226. Now I will look for a long position around 1215, of which the TP will be set up @ 1225 and SL below 1210.

husylzy

Although EURAUD is in uptrend, the price is quite far away from the trend line, which indicates the support of trend sitting at 1.5850. 1.6350 had been tested four time from Sept to Oct, showing the resistance quite strong. Now it is more likely to trade in a bounce range between 1.6000 and 1.6350. Also, the MACD keeps falling, while the price is rising; it is...