In my previous medium term outlook, i called for Gold to short around 1338 (myself shorted at 1333) for a target 1299 & 1281, both targets were met. My analysis still preferring shorts, what i am looking now is a scope for Gold to form a lower top to continue the bearish trend, possibly an area around 1245 over the coming weeks or so. So the Strategy is to short...
This is an update-that my short position at 52.10 from last week is going well in my analysis direction. I am looking to bank my position at 50.08.
I am short GBPJPY at 150.92, stop at 151.60 while target remains 149.65 & 148.46
Looking to enter at market now at (1.1799) for a potential target to 1.1855, with stop below 1.1769
NZD/USD has extended losses following divergence on daily time frame, It just retested its multi-month bullish channel, scope is there for a short lived bounce and thereafter a deeper retreat towards my projected 100% area at 0.7003 area. Strategy is to short on a bounce for a target to 0.7003 over coming days, stop above 0.7347
Looking to short around 0.9781-99 for a target to 0.9677, Stop above 0.9833.
Banked this trade for around 200+ pips. Still eyes on it but likely to short it 1.1850 area for 1.1699
This was the trade we took last week making us around 86 pips in a single day, current idea is to short around 0.7238-74 for an extended target of 0.7096, stop above 0.7299
I am looking to short around 17.30-50 for a target to 16.81, Stop above 17.85
Looking to short around 88.70-90 for a target to 87.83, stop above 89.29
Rebuy around 49.20-77 for a medium term target of 53.94 over the coming days, stop below 48.10
I am short Gold at 1333 and looking a target around 1281 area.
AUDCAD short term momentum indicators turned up, looking the target to be the 100% projection and 161.8% area.
GBPAUD short term momentum indicators have turned down, target looks to be 1.7027,
EURCAD got a nice run up, next projected target looks to be 1.618 projected area.