-gold is the main commodity affected by coronavirus,people are buying gold as it is a safe heaven at the moment.
-gold is moving fundamentally at the moment
-technically gold might reach the previous highs @2011 then start its down movement
-coronavirus will disappear at june-july as the virus dies at high temperature till then its moving fundamentally so any...
-japans economy shrinks 6.3% in the first quarter,tourism industry set to take further hit from coronavirus adding impact of higher sales taxes and damage from typhoon
-reach decent resistance you can sell at 3 different levels using strict money management
-don't forget usd is strong
-targets shown on chart
-1.06675 Currently euurchf in a down trend
-wait for a breakout when price reaches above 1.06675 you can enter a buy trade long term with targets 1.07500 and 1.09000
-eur is decreasing as a value please be patient till buyers take over
-currently in a down trend and about to hit the trend line and bounce back up
up movement might reach 1.1000 zone then eurusd will be for sell after certain confirmations
big down movement occurred retracement is a must before down movement continues
keep in mind eur overall is weak so the trade might take several weeks till the buyer take over
-this is only for educational purposes and for people who are willing to learn long term trading
-S1 and S2 are strong demand zones
-R1 and R2 are strong supply zones
-the zones shown on chart are on weekly and daily time frames do the analysis on h4 or h1 if you are short term trader
-levels shown on chart are the key levels on euraud
-euraud still have downward movement don't enter in a middle of something
-you can wait approaching the demand zone and enter a buy or retesting resistance and enter sell
-analysis mainly for long term traders
-EURUSD IS in demand zone right now and about to touch strong support on weekly time frame
-Yes euro as a value is decreasing also us index almost reached resistance so we are looking for us dollar weakening
-if downward movements we think it won't exceed 100-150 pips
-you can enter buy on 2 trades one trade now the other buy limit at the support
Bitcoin block reward halving is scheduled in May 2020, Therfore the reward for mining a block would get reduced from 12.5 BTC to 6.25 BTC.
BTC Has a really high potential of reaching an All time High as the Halving occurs.
Only enter with High margin accounts.
Stop loss is marked anywhere in the red area High margins may trade without stop loss.
TP As shown in...
-EURAUD REACHED DECENT RESISTANCE YOU CAN SELL FROM HERE
-YOU CAN DIVIDE YOUR CONTRACT INTO 2 AND ENTER A SELL NOW THEN IF PRICE REACHED THE OTHER RESISTANCE SHOWN ON CHART YOU ADD ANOTHER SELL
-IT IS A REALLY GOOD TRADE BUT ALWAYS USE MONEY MANAGEMENT REMEMBER FOREX IS NOT GAMBLING.
-USDCAD NOTHING AT THE MOMENT
-CURRENTLY IN A UP TREND YOU CAN WAIT REACHING THE FIRST RESISTANCE OR TOUCHING THE TRENDLINE
-SAFE ENTRY WAIT FOR THE FIRST RESISTANCE SHOWN ON CHART THEN ENTER A SELL
-ANALYSIS FOR EDUCATIONAL PURPOSES ONLY