EURUSD ! is expected to up, long trade ideaIt's been a tough week for EURUSD trading, Although the support line was broken, but EURUSD didn't show a down impulse, so its fakeout. For me, the direction is now clear. So I'm think that the growth will continue after some correction movement. Open a long trade when the checks the fibonacci 38.2, 50 level or break the resistance level.
Supportandresitance
MATIC / USDT 1D chart Resistance and SupportHello everyone, let's take a look at the MATIC to USDT chart on the 1D interval. As you can see, the price moves in the sideways channel and locally above the uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.88, if the support breaks down, the next support is $ 0.83, $ 0.78 and $ 0.74.
Now let's move from the resistance line as you can see the first resistance is $ 0.96, if you can break it the next resistance will be $ 1, $ 1.04 and $ 1.07.
Looking at the CHOP indicator, we can see that the energy is slowly increasing in the 1D interval, while the MACD indicator shows an upward trend, but the blue line is close to the red crossing from above, which could confirm the trend change.
XAUUSD ! gold is expected to down, short trade idea 📉Hello traders 👋
Gold tested the 1622 level, it showed a strong rally, but this bullish rally seems to be weak. If gold shows growth and trades in the resistance zone, you should open a short trade. The gold failed to break 3 times through the resistance zone.
The Future For Gold (XAUUSD) Here I've provided my prediction for the future of gold. I do believe the DXY will make a final rally to the upside, making contact with the most recent weekly resistance. Based off the fibs I predict price of XAUUSD to move to the upside next week, maybe even the following week. Hopefully giving us that sweet rejection off the 61.8 fib level. Once I get the break of my 50 EMA I will be entering for the sell and holding until the bottom of the channel we are currently in. Feel free to leave your thoughts and opinions in the comments. OANDA:XAUUSD