In this video, I break down the outlook from both a fundamental and technical basis on FOREX and Gold, AUD/USD, GBP/USD, EUR/USD and USD/JPY.
Pairs should see a distinct pullback soon! I expect the wave to complete to at least point C using Elliot waves. If the US economy show further signs of fasts yields can rise and that can blemishes the JPY further. We’ll then see a bearish /big drop for CADJPY.
Price is consolidating, Price will eventually break above, there was still untested level, we can sell at the QM level. Also, we need to BE CAREFUL on the Supply zone, price may still move that level, Stoploss above the Highest High. For trend confirmation, HL need to be break below it, if we in profit, just breakeven. Tq and happy trading, Don't forget to...
When are US monthly retail sales figures and how could they affect EUR/USD? 15 June 2022, 14:44 US Monthly Retail Sales Overview Wednesday's US economic docket highlights the release of monthly Retail Sales figures for May, scheduled later during the early North American session at 12:30 GMT. The headline sales are estimated to rise by a seasonally...
This is an analysis of GbpUsd for the coming week. Technically, Gbpusd has been in an overall downtrend printing lower highs and lower highs on the charts. recently, the price made a lower high from a demand area as shown on the chart approaching a resistance level as the BOE increased interests rates from the fundamental stand point. Irrespective of the rates...
Bullish Formation, a low sell volume and also at the support Bounce is expected!!
FX:GBPUSD On the GBP/USD pair, the price fluctuates in the bearish channel. This channel is part of a larger formation with longer intervals H4, D. This is a flag formation. Currently, the price is within the scope of support. On H4 created a pin bar ,that can change price level and a reflection from support.
Guys GBPUSD Sell shortly keep watch and take profit Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for...
Hello Dear Traders & Welcome to Growing Forex (Try Creating Pockets). The EUR/USD pair consolidates near its recent highs, having held below 1.0820 during the Asian session and now trading near a daily low of 1.0782 early London. Attention is centred on equities, sharply lower in the region after yesterday's Wall Street slump. The lack of progress of the Trump...
It comes to me as no surprise as an elliottician when I published USDJPY report showing triangle which turned into a flat correction, which is 3-3-5 wave sequence because the end result was supposed to bloom. An up move of 1000 pips in the UJ- Amazing. Running or Current Analysis- UJ- Imporatbce of Support & Resistance-109.75 Is 109.75-- will 3rd wave...
EURUSD has gotten into a triangular hole, is not the best place to be today, many stops to play, guaranteed volatility, traders today is day of Band-Aids. Be careful and clever, follow the direction not the twists !! www.fxstreet.com www.fxstreet.com www.fxstreet.com