I am keeping eyes on BABA stock, buys may be valid once price breaks 74.00.
Alot of red news this week so take care :) Most important is Tuesday's CPI.
On Tuesday we are getting CPI Inflation readings out. It's a mixed forecast so you'd be better off to avoid trading on news release.
I'm seeing a likely pullback on gold to around $2060 price range, but be careful to get any confirmation tomorrow on London session open.
I am expecting a correction down on gold, but we have to be careful of news today.
With the rate hikes cut and tensions around the world, it looks like gold will break ATH easily.
Another view on gold with indicators based on statistics. Gold seems to be overbought so a correction down is expected before most likely further rise in price.
Based off good fundamentals and technicals for this pair I'm expecting the price to reach at least the 2nd target. If you have a comment please share your view!
We've seen EURUSD ranging in the zones for the last month's time. Will this behaviour repeat? After yesterdays inflation data the dollar seems hawkish at this early stage. I'm expecting a stronger dollar for the next 3-5 weeks. Please post an opinion on my analysis since I've only started posting and making my own charts few days ago. Price going above 1.15500...
Expecting a bullish reversal soon on this pair. The best option is to wait for a better confirmation.
Looking for a retest of 1.36000 and a probable breakout above this level.
Silver had a substantial impulse down, I've spotted a strong support zone. I do not expect the price to go below those levels soon.
With the EUR/USD settling down and positive news coming for the US dollar, I'm short-biased on this pair for the current week. Levels based on Fibonacci and Wayne's weekly pivots.
We saw a big drop on dollar on thursday after US data coming out. I'm expecting 1.14300 resistance level to hold and price eventually moving down.