XAU/USD, DAY CHART, SHORT (27-NOV-2016)Gold continues moving downward.
There is a significant support line near 1183 level.
Only if it breaks the support line strongly, we will look for chance to short.
Either short directly or short after weak pull back.
Trade safely with proper risk management skill :)
Dailysignal
GBP/NZD, DAY CHART, LONG (27-NOV-2016)We are still bullish for GBP/NZD.
After 3 white soldiers, we see a consolidation pattern formed near the support zone.
It might accumulating more pressure to break this support zone.
Once, the support zone was broken strongly by bullish trend bar.
It will be good chance to long.
Alternatively, need to wait weak pull back and long again.
Trade safely with proper risk management skill
AUD/NZD, DAY CHART, SHORT (27-NOV-2016)AUD/NZD is trading in a range between the resistance and support zone indicated.
In recent time, it is trading within the downward channel.
The price rally up near to the upper side of the downward trend line.
Wait for bearish signals to short this pair.
You can earn little convenience interest by holding this pair for longer time.
If the bullish trend continues, don't bother to entry as the risk/reward ratio is not so nice.
Trade safely with proper risk management skill.
USD/JPY, DAY CHART, LONG (27-NOV-2016)USD/JPY having the strongest upward trend.
But, watch the upcoming relatively weak resistance zone.
There are chances that the price will consolidate before breaking the resistance zone again.
If the price breaks the resistance zone, long side will be preferred.
Trade safely with proper risk management skill. :)
EUR/USD, WEEKLY CHART, NEUTRAL-SHORT (27-NOV-2016)The recent strong strength of USD pushes EUR/USD lower near to the support zone.
If the support zone was broken, it might move down all the way near parity (1:1)
If not, the price might bounce back from the current support zone.
We will keep monitoring this pair and waiting the right timing to entry.
EUR/JPY, DAY CHART, LONG (27-NOV-2016)EUR/JPY breaks the previous resistance zone and moving up with strong trend.
Only wait for pull back in H4 or H1 chart to entry the long side.
Caution: The risk/reward ratio for this pair now is 1:1 and is the middle of the trading range.
Trade safely with proper risk management skill :)