Hello Enthusiast Forex Traders! Here's Long-term outlook for DXY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) DXY is breakng out of the symmetrical triangle. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator already crossed up toward the zero level area, it could indicate a...
On both the daily and weekly time frame, this inverted H&S is visible. A successful breakout would target the 100/1 ratio (100 ounces of silver = 1 ounce of gold). This would be very bearish for precious metals.
Hello Enthusiast Forex Traders! Here's short-term outlook for CADJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) CADJPY is breakng out of the descending broadening wedge pattern. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator starts crossing up toward the zero level...
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The GDX ist moving downwards again, which is the primary direction we are expecting this market to develop. With this turnaround, an alternative surge is now neutralized and we now need to wait for the course to reach the area around $22.51, where we expect the next turnarund - but this time to aim for rising prices. It remains important here that the course does...
Hello Enthusiast Forex Traders! Here's medium-term outlook for EURJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) EURJPY broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish...
gold and silver i would be most bullish for , oil should go down generally
gold silver and oil all in one chart. all interlinked at some way . silver is the best luck generally
The price is pulling back to the important static level of $ 1796, if it maintains this level we can expect growth to the levels indicated on the chart. The next important support is the $ 1780 to $ 1785 range. (PRZ) Daily Analysis : Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be...
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Hello Enthusiast Forex Traders! Here's medium-term outlook for USDOLLAR , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) USDOLLAR formed a trendline false break on h1 timeframe. Afterwards, USDOLLAR already broke out of the Falling wedge pattern.The MACD already crossed upward above the zero area, it signify a probability of...
what will it be for the Dollar index? Short or Long? that the million dollar question. Taking the fundamentals and the economic status of the U.S into consideration, from my teams point of view we are seeing a rejection from in the near term. This is mostly fuelled by negative diverging momentum from the past 10 years. we can all agree that the U.S is not in...
do not sell at this point. you will loose money. Just wait until the market reaches the poc before you even consider selling. once price gets there, we will decide whether to to sell or stay away
we have a very good correction on gold and silver both , now i am waiting for a opportunity to long both of them at a good point .
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I think the 1-2 1-2 setup here in Silver & Gold is reasonably probable to trade and is quite bullish. Inflation tends to agree, as do many analysts. The very short term setup has a 1-2 as well, at least in gold. It looks to me be very solid agreement at this very moment in time to be entering the 3rd wave across multiple degrees. The market also just took a...
Hello Enthusiast Forex Traders! Here's long-term outlook for USDOLLAR, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) USDOLLAR formed a trendline false break on daily timeframe. Afterwards, USDOLLAR is forming the descending broadening wedge pattern. We're looking for a breakout of the descending broadening wedge pattern to...