As GBPUSD has been bullish, a 300 pip pullback was triggered after which we anticipate the continuation of the bull move. Although the setup is INTRADAY, we will look how the bullish pressure sustains.
GOLD is struggling against the US Dollar. But the price got rejected at the strong level of supply/support area. So we expect a rise from this zone. On the high side, there is a lot of barriers. initially, we have 1795-1800, If the price able to break this barrier than on a retest, we can look for a buy till 1840 is a good target. Short Term we may see the GOLD...
GBPJPY Sell TRADE IDEA, Price already respected the 145 Level on H4 prespective. So we can look for sell to catch the retracement move.
GBPUSD waiting for the breakout for the good and safer sell. Support is getting weak and weak. So waiting for the breakout and than sell would be a good option.
GOLD Break out REquired for a long or short swing trade. Currently GOLD stuck in a range. We can trade that range as an intraday option. But for a swing trade option, we have to wait for a solid break out in gold in either way. But Currently, the pressure is bearish, If a GOLD break in the downside than will look for sell below 1825.
After the yesterday rejection around 142.250. now price is coming back up to retest the 142 level. so here would be a good option to target 100 Pips.
GBPAUD is still under the bearish structure. So once we have a break of the current H4 zone than sell on a retest would be a very good option to target the low.
As we see a bearish move on gold the other day. But GOLD is still bullish. GOLD has a made structure. IF GOLD break 1920-1921 than on a retest it would be considered a good buy to target 1964. Let see how it works. This is not financial advice. it is just an idea and the market can go in the opposite direction.
GOLD provides a good move down yesterday after getting a rejection from 1960. but price respects the psychological level in 1900. So GOLD has still a firepower to go up from the current price. and retest 1960 again with NFP data and USD Weak fundamentally. Before that we provide the analysis of gold sell but price break the structure and go up now after the...
EURNZD go all the way bearish and break the structure on the daily time frame as well. Now price has to retest that level and provide some bullish movement from here. So buy would be a good option but it would be a risky one. This is not financial advice. It is just an idea and market can go in the opposite way as well.
GBPCAD provide a good setup of buy, price earlier go bullish and than it retraces down but still respect the level. So buy at the current price and target the high would be a good option. but we have to manage risk properly. This is not financial advice. It is just an idea and market can go in the opposite way aswell.
GOLD Sell Setup For Swing Trade. After a lot of rejection around 1890-1900 Gold finally able to overcome this hurdle. I Still think Gold needs to go up to test the level around 1915-1923. that would be the make or break level for GOLD. If price able to break this level then we expect further bullish momentum. But there are a lot of fundamental involve in January...