By looking at the chart we can see that the EURAUD established lower lows, double top and a breakout of a trend line which suggest a high probability of starting a down trend! In the long run price is likely to drop significantly to the highlighted levels in the chart, as Aussie is benefiting from the continues rise in gold price which would be strengthening the...
In light of increasing military & political conflicts, gold price would likely be heading for historical new highs, let alone Federal Bank intention to cut interest rate & a slowdown in economic activities as a result of Central Banks's war on inflation. Sharp moves higher in gold price become a high probability at any time in the years to come, trader...
DXY Short, weakness in US Dollar is expected to continue. Good Luck!
THIS IS A LOW ENTRY FOR LONG, PROVIDES A LOW RISK. S/L 1.46983 GOOD LUCK
GOOD LUCK. WATCH TRUMP, HE MAY MISS UP THIS SHORT TERM SET UP
1.double bottom. 2.when comparing the two circles, we can see price reached the top faster and in a shorter time at the second circle. which indicates increasing strength to the up side. 3.three bullish candle reversed at a support level. this confirms buyers are trying to move the pair higher I think consolidation is likely but over all it looks thirsty to go...
BREAKING BELOW THE 54.03 (YELLOW LINE) WOULD BE A HIGH PROBABILITY FOR A DOWN TREND TO FORM.
Good Luck