Forexrein

Forexrein

BTCUSD, is currently completing a wave 4 correction. It is still strongly bullish and will be seeing more upside momentum in the coming weeks.

Forexrein

Hello traders, Gold will be having a bearish correction on the 4Hour timeframe. Once, completed we should see the buyers coming back in. Observation: We are currently in a ranging market. Therefore, the movement will be slower as there isn't much liquidity in the market at the moment.

Forexrein

Happy New year traders. A new opportunity to achieve your dream life awaits. This session i will be looking for the pullback in XAUUSD to enter long. We are currently, completing a wave E in the expanding triangle, after which we will continue with the bearish trend. Observation: the wave E can also fall short and not breakout of the triangle. Trade safe everyone.

Forexrein

USDJPY, has taken quite a bit of time to retrace downwards. As JXY gains momentum , USDJPY is now ready to drop. Observations: as long as, the key trendline is not broken we should see a correction to around 153

Forexrein

Gold going down to retest support on 4H, before bullish continuation.

Forexrein

Looking at XAUUSD 4hour. I will only continue with this trade as long as the green key trendline holds. As we currently have a breakout, from the uptrend trendline in the expanding triangle. I am very much bullish for now.

Forexrein

The bearish trend continues on USDJPY, after a 1hour time frame correction. The pair is ready for another sell-off.

Forexrein

As predicted last week all analysis played out accordingly. This week i will continue to hold some of my positions for the longterm. This coming week will continue with the bearish trend on DXY, and we will keep shorting USD. USDJPY will see more downside, as JXY gains more bullish momentum.

Forexrein

BTCUSD will most likely fall in the coming weeks. In view of, most safe haven assets rising in the following weeks due to Dollar weakness. BTCUSD may take a tumble to our first target of 91,374, before falling lower to around 69,000. Note: Do not rush into trading any asset without first getting a clear confirmation.

Forexrein

Next week will continue with the correction on XAUUSD. Which will also present some great opportunities for long trade entry and great swing trade potential. Also, anticipating the fall of DXY which will allow all XXXUSD pairs to rise. Entry point: 2,616 for best entry Note: Employ patience when entering the market and look for confirmations before taking trade.

Forexrein

The coming week will bring an interesting turn of events for market. The USD will play a great role, as the market fundamentals point towards the Dollar $ falling. EURAUD will witness an increase, in the strength of AUD, thereby causing the EURO to fall. Entry point : for best entry looking at 1.6527 Recommended to take profit at different stages, as the market...

Forexrein

As previously thought, we would have gotten a better correction on Gold, but looks like fundamentals is pushing the price up. The only possible correction would be to $2662 and then the resumption of the bullish trend.

Forexrein

Gold sell opportunity. Currently on wave 4 of an expanding triangle. We will see a decline from here to complete wave 5

Forexrein

expecting a short term correction on GBPUSD. Once completed, we will see a bullish breakout from the expanding triangle pattern.Which will also be a correction to retest the previous trendline breakout, before the formation of the pattern.

Forexrein

Long opportunity currently brewing on the EURGBP pair. I'm expecting a correction one more time to the blue line and after that, we will see a strong push upwards.

Forexrein

GBPUSD have just completed an ABCDE triangle and will now grow higher to complete wave 5. Target currently set at 1.3498 expecting a 5 wave structure to complete the target.

Forexrein

Short term trade on GBPUSD to fully complete wave 5. Buy now or at 1.3345 take profit at 1.3466

Forexrein

A new uptrend has just started on JPY pairs but, i'm currently following the trend on USDJPY. At the moment my wave 3 target stands at 146.62