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Monthly Divergence
SPXUSD
, 1M
Short
SPXUSD: Monthly Divergence

SP500 trading at resistance zone and has given Monthly Divergence. It can make a new high but eventually it shall crash to psychological level 2000! SPX is on my watch list. Weekly and Monthly charts are not H4 or H1. Bigger time frames demand bigger patience.

Very Supportive Trend Line
EURUSD
, 1W
Long
EURUSD: Very Supportive Trend Line

This week is the 5th week price bounces off this trend line.

Prefer Silver to Gold
GOLDSILVER
, 1W
Short
GOLDSILVER: Prefer Silver to Gold

The fall of this ratio would mean silver would give you more return than gold. So, its better to buy silver than gold if you are willing to trade commodities. Silver's long term target is at 24 (18.16 as of writing).

Gold at wave 4
XAUUSD
, 1W
Short
XAUUSD: Gold at wave 4

Short term sell for XauUsd. Gold is at wave 4 and correcting till 1440-1450. Wave 5 target is projected at 1650 and will start in October.

Sell targets for EurGbp (D)
EURGBP
, 1D
Short
EURGBP: Sell targets for EurGbp (D)

The horizontal line are potential sell targets. It can go even deeper.

Check out the candlesticks touching the trend line
EURUSD
, 1W
Long
EURUSD: Check out the candlesticks touching the trend line

Lets see how this week's candlestick will close. Friday (tomorrow) is an important day for USD pairs. Tomorrow news will give us an idea if Fed will cut/increase interest rate.

Strengthening GBP
EURGBP
, 1D
Short
EURGBP: Strengthening GBP

EurGbp down to 0.89 (50%)

The Loonie
USDCAD
, 1D
Short
USDCAD: The Loonie

Sell the break out. New lows with at least 400-500 pips down trend. Then we will see 1.25. Check out my previous post about this pair.

Bitcoin the correction I expect to happen
BTCUSD
, 1W
Short
BTCUSD: Bitcoin the correction I expect to happen

Support at 7200-7500 level. Correction is expected to end there.

UsdChf W TF strong sell
USDCHF
, 1W
Short
USDCHF: UsdChf W TF strong sell

Sell Swiss Franc now. TPs at 0.94333 and 0.91

Oil W TF
BCOUSD
, 1W
Short
BCOUSD: Oil W TF

Brent Oil slowly going to 52-53. That trend line UKOIL

Silver M TF (KISS)
XAGUSD
, 1M
Long
XAGUSD: Silver M TF (KISS)

XagUsd Strong Buy. Keep It Simple, Stupid!

Gold has reached M resistance
XAUUSD
, 1M
Short
XAUUSD: Gold has reached M resistance

XauUsd has reached the parallel trend line and monthly resistance. It is time for correction.

EurChf D TF
EURCHF
, 1D
Long
EURCHF: EurChf D TF

Wait for break out. I expect reversal.

UsdChf D TF
USDCHF
, 1D
Short
USDCHF: UsdChf D TF

Sell at 50% retracement. Roughly 500 pips move expected.

Cheap Oil
UKOIL
, 1W
Short
UKOIL: Cheap Oil

Brent dropping to 50-52

DXY M chart
DXY
, 1M
Short
DXY: DXY M chart

Short USD on all major currency pairs

I would not buy USD
DXY
, 1W
Short
DXY: I would not buy USD

DXY W TF parallel channel. Not a good idea to purchase USD. August candle will be black.

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