Here is my continuation analysis of EURUSD. Last week as we can see EURUSD rising from the 1.1850 area until 1.1975 area. For the next week, I believe there is still some room left to the upside for EURUSD to reach and complete the retracement phase around the 1.1980 - 1.2005 area before going down again targeting the 1.1735-1.1755 area. Disclaimer: This is my...
Here is my continuation analysis of Gold (XAUUSD). Last week we saw that Gold (XAUUSD) was moving sideways with a range of 1761 - 1790 area. For the next week, I believe Gold (XAUUSD) in the beginning will go to the upside to complete the retracement phase before falling again to the downside. Disclaimer: This is my personal trading setup !! Please use this only...
Here is my continuation analysis of GBPUSD. Last week as we can see, GBPUSD still in bearish mode. Next week, I believe the beginning of the week GBPUSD will go to the upside a bit around 1.3945 until 1.3965 before going to the downside again and targeting the 1.3735-1.3750 area. I believe there is still some room in the downside for GBPUSD to fulfill before going...
Here is my continuation analysis of Gold (XAUUSD). Same as GBPUSD, Gold (XAUUSD) also got a massive setback moving approximately 600 pips yesterday. In my opinion Gold (XAUUSD) still aiming for the upside. Yesterday's drop for me still only for a retracement before going higher. As I can see Gold (XAUUSD) retesting the daily downtrend channel. And in my waves...
Here is my continuation analysis of GBPUSD. Last night, GBPUSD got a massive setback from the 1.41 region to 1.4070 due to the US dollar's rising from the FOMC statement. This massive setback for me is a good opportunity to get a better price for the long position. In my waves counts, GBPUSD still aiming to the upside as long as doesn't break the daily uptrend...
Here is my analysis of USDJPY. I found these pair have a good opportunity to short at this moment. I believe USDJPY will begin to fall to complete my subwaves 3 counts. I'm expecting next week USDJPY will start the journey to the downside because the last 2 candles 4H timeframe already indicates me with an inverted hammer and shooting star pattern which is a sign...
Here is my analysis of DXY (US DOLLAR). Last week i saw DXY (US DOLLAR) unable to break 90.65 which is previous high and fresh resistance area. So far i see DXY (US DOLLAR) making double top pattern. With that said, I believe will begin the movement to the downside and completing my subwaves 5 counts with 89.00 - 89.25 area as the closest target. Disclaimer: This...
Here is my continuation analysis of GBPUSD. On my last analysis of GBPUSD, I was expecting that GBPUSD will go deeper for the retracement phase. But as we can see, last week GBPUSD retracement only until the 1.4070-1.4775 area. That indicates GBPUSD will not go down as deep as I count. For next week, I believe GBPUSD will start the journey to the upside again with...
Here is my continuation analysis of GOLD (XAUUSD). On my last analysis of GOLD (XAUUSD), I was expecting that GOLD (XAUUSD) will do retracement until at least 1861-168 area. Unfortunately GOLD (XAUUSD) reached only until 1869 area and after that rising again to the upside. Last Friday, GOLD (XAUUSD) drop again until the 1875 area. But this time I believe it was...
Here is my continuation analysis of Gold (XAUUSD). In my previous analysis of Gold, my target TP area and buy area was around 1837-1845. But after I re-analyze there is another possibility for TP and buy area. Here is my alternative scenario from the previous one. The other area that can consider gonna be TP and buy area is 1861-1868 which is the weekly low area...
Here is my continuation analysis of GOLD (XAUUSD). Last week we saw Gold raised from our buy area to 1916 and then falling hard breaking below 1880 and reached the 1855 area which indicates that GOLD (XAUUSD) right now in the retracement phase from subwaves 3 to subwaves 4. For next week, I still considering GOLD (XAUUSD) move in retracement channel before going...
Here is my continuation analysis of GBPUSD. Last week GBPUSD was unable to maintain moving inside the 4H channel uptrend. After breaking below that uptrend channel I recalculated again the waves count. I found that GBPUSD last week completed the ending diagonal channel. With that said, I believe GBPUSD still has pressure to go to the downside for doing some...
Here is my continuation analysis of EURUSD. Last week I was expecting that EURUSD will go down. It was going down but after reached 1.2135 area EURUSD bounce back again to 1.2205 area. After I recalculated the waves, it turns out that the impulse 5 waves not done yet. With that said, I believe EURUSD will go higher. For today, I believe EURUSD also will do...
Here is my continuation analysis of GBPUSD. Last week from my previous analysis, GBPUSD was hitting my TP1 area projection. And from that area GBPUSD bounce back to 1.4200 areas today. This indicates to me, that GBPUSD is ready to going to the upside again. As we can see GBPUSD in a 4h timeframe already making a channel to the upside. For today, I am expecting...
Here is my continuation analysis of GOLD (XAUUSD). Last week, GOLD reached 1912 Gold going down to 1882, and then closed above 1900 last Friday. This indicates to me that GOLD still has the power to continue the movement to the upside. For today, I expect that GOLD will do retracement first before continuing to the upside. For now, I believe GOLD will aiming the...
Here is my continuation analysis of GOLD (XAUUSD). As we can see GOLD (XAUUSD) right now breaking the daily downtrend channel. That indicates me GOLD (XAUUSD) will make a new trend to the upside. For now, I believe GOLD (XAUUSD) is in subwaves 3 for making the impulse moves to the upside. Next week I believe GOLD (XAUUSD) will go to the downside to retest the...
Here is my continuation analysis of EURUSD. Last week we can see that EURUSD can not break the 1.2250 area. In the daily timeframe, I see the Cord Of Wood pattern is being formed which tells me that EURUSD getting weaken. And in the 4H timeframe, we can see also that EURUSD formed a double top pattern. With that said, I believe that the Impulse movement for EURUSD...
Here is my continuation analysis of GBPUSD. From my previous analysis, I already expect that GBPUSD will fall. Last Friday we can see GBPUSD got rejected from around the 1.4225 area once again and making a double top pattern in the timeframe 4H. We can also see that GBPUSD will start to fall in the daily timeframe. For next week, my plan is GBPUSD will go to the...