Hello My Fellow Traders GBPUSD has been in a down trending market for a couple of months so technically observed and analyzed it has a high probability of continuing in its rally as observed in a 4hr chart it has rejected a minor resistance and there is a pin bar candle that signals the change in market direction as the price have been down trending in a 1hr...
Last week USDCHF failed to break a minor resistance and gain a massive downward momentum until it break a price trend line. TECHNICALLY based a USDCHF had to come down so as to regain its strong up ward momentum so the market is still bullish as the price has reached a support level where it has push up after a little market imbalance. also there is a clear...
EURUSD has been down trending for a couple of weeks from June so technically its a buy for a short time so as to create a low high in a down trending market also as observed in a 3hr chart there is a double bottom structure which give us a good reason to buy scalp EURUSD
EURJPY will keep on its strong upward moment as technically analyzed and observed from last week price action where it reached a demand zone and technically rejected the zone with more than 100 pips following an upward trend which it has been moving through. so EURJPY is technically bullish till it reach a resistance level at 142 price level
Gold remain bearish till it reach a previously support level (TECHNICALLY ) SOO GOLD IS BEARISH. if you have other comments on this pair you are welcome to share your idea. LETS HAVE A PROFITABLE WEEK DEAR TRADERS