Charlesik

Charlesik

Gold is a very technical commodity to trade in forex. It's factor and prices are determined mainly by external factors such as world economy. Although its Volatility is high it also have high returns. With the right tool for analysis, you can get gold and trade well. From the chart above, A wedge, divergence and a breakout is spotted; we now wait for a retest and...

Charlesik

For couple of days now the Euro has been on a decline, which continue for the next days to come. From the chart above, we can scalp some pips as we await price to get to our major Demand zone. Smiles

Charlesik

A long short trend about take a minor 50 to 61.8% retracement (Rest). Lets see how it goes.

Charlesik

We have spotted a bearish flag which might give us a continuation of the downward trend . We look forward for a break and retest and other confluence to support our claim.

Charlesik

For sharp traders. A retracement about to occur as we have spotted a hanging man and our CCI showing us an overbought market. Smiles

Charlesik

The USD trying to pick up its strenght after a major fall against the CAD for weeks now. Its bullish race started around 1.20306 and go as high as 1.29395; after which it gives us a retracement to about 50% Fib. around 1.25244. For the week ahead we are anticipating a bullish run for USDCAD

Charlesik

Those following up BTC, we see a the right shoulder of the inverted H/S Chart Pattern herein another higher level will begin short. Lets keep our fingers crossed and watch what plays out with BTC and the US Government.