DXY, is forming a bullish move. I expect it to go up, to the previous higher high
Gold, has broken a descending trend line to the upper side. The price might push to 1809 before a entrancement
GBPUSD, SHORT OPPORTUNITY. The pair is ready for sell as indicated. kindly make sure your trading rules are fulfilled before entry. let me know your thoughts on the comment section, like and comment to support me.
Eurusd, the pair is on an expanding channel, price is nearing the resistance zone, and I expect the market to shift into bearish after reaching 1.2100 sh zone. I will be looking for shorting opportunities at the resistance zone as indicated. let me know your thoughts on this pair in the comment section below. please like and comment to give me more energy to publish.
So what kind of a situation do we have on gold? Previously we seen price break the support on both weekly, daily and four hour time frames aggressively, from that perspective, after a break out mostly price tends to retest the support turning it into a support. therefore I am speculating for a long position towards the previous support, and then watch price action...
Eurnzd, H4, the price is at a critical area, watch for price action, if the price fails to break to the upper side look for a nice shorting opportunity . if the price breaks out, wait for a retest and look for a nice shorting opportunity. let me know what you think about my analysis in the comment section below.