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EURUSD BUY AND SELL POSSIBILITIESHi guys, This time I'll be covering EURUSD. SO currently price has tapped into our supply area which is around 1.0674-1.0694 and is selling off. Should selling continue I would expect the price to decline to 1.0623 which is the broken resistance level. Then below our support level we have a demand area which has been tested once and it could be worth trying it for the second time. So make sure you have these two levels under observation and take appropriate action upon price reaching there. Be honorable
by AliHassanzadeh
XAUUSD GOING LONG AND SHORTHi guys I'm back updating my gold scenario. In my yesterday analysis, I highlighted area 1954 as a supply level , being tested multiple times was broken during Mr. Powell speech. leaving us with only one immediate area ,1978 as a supply zone. But since underlying fundamentals are bullish I need to confirm my entry in lower time frames to go short otherwise it's kind of risky. Should price get through the area I'm expecting 2004 area as another sell zone. Our immediate demand area is around 1970-1972 which has proven itself once. Going long from this demand level like always requires checking lower time frames for further confirmation. Below our immediate demand level we have 1962 which is the broken resistance and could support the price should get there. Make sure you have these levels on your chart and do your own assessment while taking any trades. Be honorable
OANDA:XAUUSD
by AliHassanzadeh