Boris Johnson declared that most shops will reopen from June 15 as he urged people to go out and spend money to help the economy “bounce back”. I reckon it has the potential to go up to test the Minor trendline. PS: This trade fails if it can break out and close below the major support zone
Feel free to check my XAU/USD history analysis and updates by clicking the small arrow/dot in the chart. I reckon it has the potential to fall to retest the broken pennant line, then most likely it will continue the rally if there's a strong fundamentals catalyst. Chart of May 18, 2020 Chart of May 20, 2020 Chart of May 21, 2020 Here are my clients recent...
Feel free to check my BTC/USD history analysis by clicking the small arrow in the chart. Currently, I would cash out all my investment if this week candle fails to break out and close above the channel, and I will sell CFD BTC/USD all in target 6500, maybe 3500, and 500, then I'll heavily invest at that price. PS: This trade fails if it can break out and close...
Feel free to check my XAU/USD history analysis and updates by clicking the small arrow in the chart. I sent these charts to my clients, it was a great trading week, so far so good!! Currently, I reckon it has to fall to the "bottom" before continuing the rally. PS: As long as it stays above the pennant, Bull is in control Chart May 18, 2020 Chart May 20,...
Feel free to check my XAU/USD history analysis and updates by clicking the small arrow in the chart. I sent these charts to my clients, so far so good!! Currently, I'm not sure where's the bottom at, maybe this broken pennant, maybe below at the bottom pennant line, we'll see. Chart May 18, 2020 Chart May 20, 2020 Chart the current market price
The vaccine, being developed with Oxford University, is still awaiting results from early-stage trials. PS: This trade fails if it can break out and close below the support zone
Feel free to check my XAU/USD history analysis and updates by clicking the small arrow in the chart. 1760s zones were the strong weekly major resistance. I'm expecting a retest of the broken bullish pennant. Here's our recent trade (chart attached below), I posted this chart to my clients and personal group, I didn't share this chart to tradingview. So far so good!
Feel free to check my XAU/USD history analysis and updates by clicking the small arrow in the chart. Feel free to read the updates on each analysis, it might help you to understand the spot gold price action. Here's our recent trade on XAUUSD, so far so good. I shared this chart in my previous XAUUSD analysis. If you trade it, enjoy your profit. I reckon it has...
Feel free to check my AUD/USD history analysis and updates by clicking the small arrow in the chart. If you traded my previous AUD/USD Free analysis, enjoy your profit! it was a great trade. Currently, I adding more buy position at the daily support zone 0.644, and the final potential target remains the same at 0.664, maybe above. PS: Be cautious on US CPI...
Feel free to check my XAU/USD history analysis and updates by clicking the small arrow in the chart. So far so good, it went up to test the upper Bullish pennant line. The next catalyst is NFP and US Jobless rate, If it can break out and close above the pennant I reckon XAUUSD will go up to test 1788 zones. Currently, I remain Bullish and will act accordingly if...
Feel free to check my XAU/USD history analysis by clicking the small arrow in the chart. So far so good!!! If you see my previous analysis and update, Yes, indeed 1670s zones were the best rates to enter a buy trade. Currently, the strong resistances are at 1715-20, and my final target remains the same at 1735-40 maybe above. If it can break 1750, I reckon XAU...
Feel free to check my USD/JPY history analysis by clicking the small arrow in the chart, So far so good my final target remains the same at 105 to 104 zones. Japanese banks will be closed for 3 days, most likely this pair will be a little bit boring. Catalyst: US PMI, ADP, Jobless claims, NFP, Jobless rate, and Hourly earnings
Feel free to check my AUD/USD history analysis by clicking the small arrow in the chart, So far so good almost reach our final target at 0.664. Catalyst: RBA, AUD Trade balance, US PMI, ADP, Jobless claims, NFP, Jobless rate, and Hourly earnings
Feel free to check my AUD/USD history analysis by clicking the small arrow in the chart, So far so good almost reach our final target at 0.664 Catalyst: Price action, US ISM and PMI PS: This analysis fails if it can break out and close below 0.643
Feel free to check my XAU/USD history analysis by clicking the small arrow in the chart PS: This trade fails if it can break out and close below 1677 Catalyst: Price action, US GDP -4.8%, Jobless claims 3839K, ISM and PMI
Feel free to check my XAU/USD history analysis by clicking the small arrow in the chart Catalyst: Price action, US GDP -4.8% and Jobless claims 3839K P S: This trade fails if it can break out and close below 1700
PS: This trade fails if H4 candle breakout and close below 1700 Catalyst: Price action, US CB, FOMC, and PMI Related Ideas (Click the links to play the chart)
Currently, It has reached the first sell target, and we just added more sell positions at 1701 zones. The neckline has been broken and maybe the H4 candle will close below the trendline. As I mentioned in my previous analysis, we will keep selling if it can break out and close below the trendline target 1670 or later we will buy heavily if the candle shows a valid...