US Oil is in Head & Shoulder pattern and minimum target is $63.00 before retrace 50%.
Trade as described in the chart. Good Luck!!
GOLD is in up trend, but, a short term SHORT opportunity is there. Trade 1; SELL GOLD @ 1353.00, SL @ 1357.00, TP @ 1317.00. Trade 2; BUY GOLD @ 1317, SL @ 1315.00, TP @ 1465.00. Good Luck Traders!!
USD/CAD is traded in the long term channel and the pair is nearing the support at around the 1.31700 area. BUY USD/CAD at the channel in 1.3160 - 1.3170 area, TP @ 1.400. SL 20 pips below the channel.
Sooner or later USD/JPY should hit 107.400 area and it will completes the down trend of this pair and subsequent up move will bring the price 113.000 area. The Trade; BUY @ 107.400, SL @ 107.200, TP @ 113.00.
EUR/USD correction is still in progress and the final leg down starts soon. SELL EUR/USD @ 1.1340, SL @ 1.1380, TP @ 1.1010. The following up move will bring the price back above 1.3000.
The wave 3 of the wave C is in progress and one more dip to 1.2575 area will completes the wave 3. A short term BUYing opportunity is there in the 4th wave correction. The trading strategy is as follows; Trade 1 - BUY @ 1.2575, SL @ 1.2570, TP @ 1.2750 (Wave - 4 correction) Trade 2 - SELL @ 1.2750, SL 1.2758, TP @ 1.2500 (Wave - 5 of Wave - C) The ABC pattern...
Buy EUR.USD at 1.1373, SL @ 1.1365, TP @ 1.1660.
A short term support for gold is near. Buy gold @ 1201.00 SL-1195.00. TP-1 @ 1233.00, TP-2 @ 1260.00.
The down trend of gold is still in progress and the wave (IV) of completes soon. 1369.00 is the resistance. Next major support is at 950.00.
Gold formed a triple bottom chart pattern. Increased volume at the yesterday's break out suggests, gold will go higher. Buy gold @ 1325.00, SL-1322.00. Minimum target is 1336.00, and may be more after slight pull back.
Sell EUR.USD @ 1.2470, SL above 1.2490. TP1-1.2100, TP2-1.1800.