Gold prices soar around 1.86% in a day after gaining attraction from investors amid the risk of geopolitical issues. The economic slowdown and US debt concern also can catalyze gold prices to keep climbing to test the all-time high price.
Trade Idea: Short GBP/JPY Current Price: 189.400 Trade Rationale: Technical Analysis: The GBP/JPY pair is currently trading at 189.400, near a significant resistance level. Multiple attempts to breach this level have been met with rejection, signaling potential weakness. Key Levels: Resistance: The current price level acts as a strong resistance,...
Week 3 of finding an Opportunity to short this pair, let's try with minimal risk. The Structure formation/correction before it can continue the uptrend soon.
What a dramatic move made by GBP to stay strong despite the monthly high resistance area. Here are some trade Ideas for GBPJPY. 1. A solid bearish candle formed or breaks below 188.247 can spark a seller's mood to continue the battle for a short position. 2. A failure to break through the support area 188.247 can cause the pair to swing up and wipe all short...
After a week of a downtrend, gold now is on the verge of breaking another support near the 2020 price area, there is a lot of opportunity for the short traders to make a massive profit from the bearish trend. However, these are one of the following criteria that short traders need to wait for before making a decision : 1. Gold needs to break below the 2020 price...
The pair have been on the rally for many months now, with higher interest rates and a weakening of JPY supporting the pair to fly without mercy. As the pair now is at it peak probably a new opportunity for sellers to join the reversal trend.
In Fundamental View, JPY is weakening due to US-CHINA trade truce. GBP neutral waiting new update from Brexit and Uk Tory Leadership race. Plan to short GBPJPY
EURUSD SELL Sideway Range For EURUSD STOP LOSS-1.13982 TAKE PROFIT- 1.13444 Expectation Positive Result after G20 Trump meet Xi.
A very Good evening everyone, here my technical analysis for GBPNZD, as we can see Now this pair had reach it strong H4 resistent, we can find sell at the highlighted area . Just to warn you guys we still Got Brexit Vote today. It just too risky to entry this pair right now, please use proper money management. STOPLOSS AROUND- 1.95644 TAKEPROFIT AROUND -1.92354
Good mornin everybody, here my simple analysis for GOLD. As you can see the gold had reached the Trendline area, im expecting for the gold to rebound today after the release GDP data from USD tonight. Im expecting the GDP data for USD to drop from 2.6% drop to 2.4%. Forecast. GOLD STOPLOSS Around- 1303.88 GOLD TAKEPROFIT Around -1318.31, 1322.34 GOODLUCK
Hai everyone, a very good evening. Here my trading plan for AUDUSD. Lets short this pair as we can see it rebound from the trendline and make some rejection candle. Stoploss around 0.70089, Take profit around 0.71306
Hai, a very good evening everybody. Here my trading plan for NZDUSD, big impluse bull from NZDUSD last week, so this week we are waiting for correction or retracement so that we can have a chance to long the NZDUSD. Take Profit around resistent - 0.69025, Stoploss around - 0.68370. GOODLUCK.
A very good evening everyone. Lets Short EURJPY. Here my simple trading plan. Stoploss around 125.385, Take profit around 126.950
Hows your trading? I hope everyone is in good position in trade this week. Here is my Technical view for Gold. I plan to Long GOLD this week . Wave analysis gold might testing the yellow resistent and make a chart pattern head and shoulder. Take Profit around 1325.27 and a Stoploss around 1300.38
What up guys! Lets Long GBPUSD , as it already rejected the trendline and we can see GBPUSD has a strong momentum to bounce back upward after a large significat drop yesterday. Take Profit around 1.32875 and stoploss around 1.29999. Always becarefull with GBP cause it hunted by Brexit.
Technical Analysis My Trading Plan for EUR USD, going for short, tp target at the yellow line. SL or cutloss aroud 1.13563 Fundamental Analysis www.forexfactory.com 1. GBP Data Forecast 12 March 2019 (Gross Domestic Product is expected to increase from -0.4% to 0.2%) Positive for GBP (Manufacturing Production is expected to increase from -0.7% to 0.2%)...