The idea is based on ETH1! from the CME Futures chart. I expect to see a big expansion downside on Wednesday and take sell stops on Thursday. I don't want to see the price retracing to NWOG 12-11 (see ETH1!).
We made a buy entry at 0.88540, we are still holding this position ahead of next week key events, if the data release remains favorable for the dollar we shall hit our Tp1 at 0.89958 and our Tp 2 at 0.91200.
The upcoming week is full of news events, the main ones are on USD. On Monday we have bank holiday in USA, this means we could have low volatility on pairs with USD, also we have CPI in Switzerland. On Tuesday we have cash rate that is forecasted to increase, this means strength on AUD. From Wednesday till Friday we have events on USD everyday, as well as NFP, one...
Crude oil has broken March 2020 support trendline today. That is indicating a direct sell signal. If crude crossover & closes above to 5160 levels, then it can come out from the downtrend. And we may see 5300 - 5500 again.
According to the current breakout, MCX crude oil may hit the following levels: 4800 - 4760 - 4660 - 4590
The British Pound is now close to its support vs the US dollar
FX:GBPUSD
The British pound does not appear to be recovering against the US dollar and appears to be expecting another round of declines of a few days.
Alternatively, an upside break of the 1.3845 resistance line will confirm the bullish chart pattern with an initial rise targeting late June’s top...
That is my proyection in H4 timeframe on how we see AUD for the next hours in each H4 candlestick, and more importan is to see in H1 timeframe when the price is going to down a little it's make a pull back. For now, there are not reccomendation to operate and trade this par, we need to hope the confirmations, because there are two probabilities:
1. The price is...
