Osamudiamr

Osamudiamr

Gold view based technical analysis. US has left the rate unchanged which means there is a high tendency for dollar to remain strong and Gold may extend further decline till we see what happens in JUne. But technically

Osamudiamr

Based on the last post we can take this position for oil short term

Osamudiamr

Following the retracement as a result of the calmness in the middle east after the strike from both Iran and Isreali which resulted to little or no damage. Oil has completed a pullback and it has resumed it upward trend which should likely create another high

Osamudiamr

EURJPY to continue its bullish trend, the tension of the war has reduced and the selloff was just has a result of Isreali retaliation.

Osamudiamr

GJ Has completed its retracement and it is about its bullish trend

Osamudiamr

While at the moment we have a weak dollar despise the positive report on NFP and Wages. Next week we are looking at mixed more weaker dollar on the long run.

Osamudiamr

Eurjpy Fluctuates below the resistance and still on a bearish track

Osamudiamr

Today there are fundamentals on job report ADP employment change and and unemployment claim which shows the number of individuals who filed for unemployment insurance for the first time during the past week. Lets watch out for that then the technicals

Osamudiamr

Just recently all central left their as rate neutral as expected and while some are looking forward to a rate cut in future. Cad appears to strong since last week and we are looking at it remaining so till the end of the year.

Osamudiamr

Market is expected to create this pattern on Gold. Major countries are looking to hold interest as the same just like CAD, US, AUD, GBP and EUR in the next few minutes. Gold should pull up a bit in order clear the market liquidity and then sell from premium.

Osamudiamr

A further decline is expected to continue as the price is back inside our channel and we are looking at market structure to complete our structure, and oil is expected to do the inverse of this as well.

Osamudiamr

Silver is in an upward trend. and here i have plotted a good position to buy at discount and move along with the trend

Osamudiamr

The Canadian market has been weak for sometime now and we understand that Canada economy is also backed up by oil, as we go into the last phase of the year where we expect to be more productivity and human activities powered by energies (oil). This should give the Canada market some boost till the end of the year

Osamudiamr

After a very strong weekly candle stick last week, we waited for the next candle stick to form in order for us to get something to complement that momentum of last week. EURUSD now is set for a new bearish impulse wave to the downside.

Osamudiamr

Our former setup had a very tight SL and got hit. This is a corrective update and a sell is still very valid. Dont miss it

Osamudiamr

While Gold is on an overall downtrend move, we stand to grab some pips on this movement.

Osamudiamr

If you are seeing this EURGBP is amount to make its next impluse to the downside and a entry at open of the London session wouldn't be too late.

Osamudiamr

Technically, I feel like JPY should have a significant pullback before continue to the upside.