EURUSD,H1 SHORT IDEAEURUSD has broken a support zone, and now retesting it on lower time frames. I am looking for a short position once there is a clear rejection.
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SILVER (XAG/USD) – Week 46 – Heading towards the support.This week, we are expecting the Silver price to make a small pullback towards the support and resume the uptrend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Elevate Markets Signature Trade. Level 1 Short AUDUSDPrice is at first level and I believe it will drop for at least another level.
R:R 1:3
Elevate Markets Signature Trade. Level 1 Long CADCHFPrice is at first level and I believe it will rise for at least another level.
R:R 1:3
Gold fails second re-test of new high and opens downsideGold has double topped at the last lower high and while I am skeptical of a sell right now given the USD index is falling there should be caution when taking a long position.
We need a higher close above the lower high to safely buy into Gold which may come later in today's session, otherwise if the USD index re-bounds (see linked trade analysis) we could short gold to the previous higher low at 1312.00.
