Good morning Traders and welcome back to my page on this NY session! Gold is currently trading at 1525.00 against the US Dollar during today's NY session. On the monthly timeframe we have had an engulfing bullish candlestick printed above our monthly support 1380.00 which shows overall healthy bullish pressure for Gold. Weekly timeframe shows true signs of...
Good morning Traders and welcome back to my page on this NY session! The Great British Pound is currently trading at 1.91400 against the New Zealand Dollar during today's NY session - and overall 70 pips fall since my last post. \u2028Looking at the monthly timeframe on this start of September we can see that we have closed the month of August with a bullish...
Good morning Traders and welcome back to my page on this NY session! The Great British Pound is currently trading at 1.92200 against the New Zealand Dollar during today's NY session. Taking a look at the weekly timeframe , we have had a very heavy bullish engulfing candlestick that managed to break through our weekly resistance of 1.90800 (for accurate...
Good morning Traders and welcome back to my page at the wake of this London session! The Great British Pound is currently trading at 1.88800 against the New Zealand Dollar during today's London session. Looking at the weekly timeframe , we have had a bullish engulding candlestick printed that managed to engulf our weekly resistance of 1.87000 reaching close to...
Good morning Traders and welcome back to my page at the wake of this London session! The Great British Pound is currently trading at 1.87900 against the New Zealand Dollar during today's London session. Looking at the weekly timeframe , we have had a shooting star printed that managed to reject our weekly resistance of 1.90000 and closed just above 1.85800....
Good morning Traders and welcome back to my page at the wake of this London session! The Great British Pound is currently trading at 1.86270 against the New Zealand Dollar during today's London session. Taking a look at the monthly timegrame we can note a rather bearish engulfing candlestick that managed to break the Weekly resistance of 1.87000 level as well as...
Good morning Traders and welcome back to my page at the wake of this London session! Gold is currently trading at around 1450 against the US Dollar during today's London session. Taking a look at the monthly timegrame we can see heavy bullish momentum for Gold which started in May and has followed suit. In the previous month of July we saw a rejection of our...
GBAUD: We have a break of the rising wedge on the 4HR which we can use as a confluence with the new lower high created by the pair. This as well as the touch of the FIB 61.8% retracement level. Our final target for this pair is 1.75000 which also lines up as a monthly support, a.e: previous resistance. We can already note a very bearish momentum on this pair...
The British Pound is currently trading at 135.895 against the Japanese Yen during today’s London session. We have managed to break yesterday’s key support of 135.500. Looking closely at the hourly timeframes we can see the price has tapped perfectly our key level 135.500 and recovered with heavy bullish momentum therefore I expect a next higher high to...
The British Pound is currently trading at 135.565 against the Japanese Yen during today’s New York session. Looking on the monthly timeframe we can see the June candlestick closed as a doji from our ranges of 138.300 and 135.500 showing us that there is indecision between buyers and sellers in the market. When dropping to a weekly timeframe it is clear to see...