📉 NZDCAD SELL 📉 💰Take Profit 1 - 0.8150 💰Take Profit 2 - 0.8100 💰Take Profit 3 - 0.8050 ❌ Stop loss - 0.8330
📉 NZDUSD SELL 📉 💰Take Profit 1 - 0.6145 💰Take Profit 2 - 0.6095 💰Take Profit 3 - 0.6045 ❌ Stop loss - 0.6325
📈 USDCAD BUY 📈 💰Take Profit 1 - 1.3307 💰Take Profit 2 - 1.3357 💰Take Profit 3 - 1.3407 ❌ Stop loss - 1.3127
📈 AUDCHF BUY 📈 💰Take Profit 1 - 0.5945 💰Take Profit 2 - 0.5995 💰Take Profit 3 - 0.6045 ❌ Stop loss - 0.5765
📈 GBPUSD BUY 📈 💰Take Profit 1 - 1.2939 💰Take Profit 2 - 1.2989 💰Take Profit 3 - 1.3039 ❌ Stop loss - 1.2759
This was a scalp trade I took early this morning. USDJPY is creating a double top as of right now, but it is still in a strong uptrend. USD/JPY looks poised to break out above the 13939 level and test, if not outright break above the 140 level. The hourly chart has a nice ascending wedge forming after breaking out of a symmetrical triangle on Friday. Should we...
A lot of traders are showing a long on EURUSD. I still believe with another spike in rates it will continue to drop. Retail trader data show63.65% of traders are net-long with the ratio of traders long to short at 1.75 to 1. The number of traders net-long is 13.86% higher than yesterday and 6.50% higher from last week, while the number of traders net-short is...
Technical Analysis if price breaks above resistance 1.0270 area I think price will go up around 1.0400 then reject around that price and continue to create a lower low. If price breaks the down trend and breaks above 1.0400 area I will take a long position to the next resistance level. Fundamental Analysis The coming week is saturated with important US...
As my analysis yesterday stated that Gold would continue to go down due to fundamentals. It rejected off a strong support area and came back up. I am still holding my sell. Gold closed higher today as the US dollar continues to weaken off 20-year highs touched last week while bond yields rose. Gold for December delivery closed up US$13.60 to US$1,731.30 per...
Currently Gold is in a strong support level but fundamental analysis is stating Gold will still be selling off. I'm still holding my sell from 1974.32. The price of Gold found some support near the US$1,700 mark. Still, Gold has not lived up to its reputation as a store of value amid rising inflation and investors have turned to bonds and the dollar for...