OANDA:EURAUD may go up the next weeks after hitting the previous low of late february. We may see it go down to 1.52500 before it reaches the resistance level at 1.56200 area. After that we may see a bullish continuation pattern, to reach the down trendline, but only time will tell. RSI levels are down suggesting also a move up. We may see a double bottom forming...
OANDA:AUDJPY is forming a nice triangle on the hourly chart. Beware of possible breakout, monitoring the pair for a good entry.
OANDA:AUDCAD is looking for a move up this week! Daily chart sees a clear double bottom and past previous resistance line. Next up is resistance at 0.95. But not so fast! before it moves up it will come lower to previos resistance, now support line to adquire some liquidity, so check for a buy limit at 0.925. You can also short it for a nice move down to the...
My position on Gold! Shooting up to 1840 on economy breakdown following Covid Crisis. This is my view, please feel free to comment what you think. Follow and Like :) Thank you!
USDJPY Continuind down movement next couple of days.