10year bond yeilds have struggled alot to reach 1.3% but clearly failed in doing so
last 3 weekly candles are pushing the price up, but last day the price clearly failed and broke the 1.30 support
so we are bearish on 10yr yeild.
since days 1800 is acting as both support and resistance
with yesterdays daily candle it once again turned support
there is daily support at 1995 zone
if price comes to 1995 zone we will definitely be longing to 1815
LETS GOO 7500
monthly is bullish
weekly is bullish
daily just turned up side
with a clear trendline break in 4hr tf
we are longing at a 2 week demand which is a good buy zone
But we don't forget that 4500 is a key level to break
hello guys
my projection of eurusd regarding this view has been updated
there are confluences such as
daily resistance break and close
macd bullish diversion
trend line break
bullish environment with added cot report longs
hope you guys love it
happy trading
as all we know gold is getting stronger due to new covid symptoms
fundamentals alligning technical analysis as we have 50 fib bounce with bullish volume
so we can say GOLD is in a bullish run.
As you guys know gold and silver are bullish for long term
as part of that impulse and correction has completed and silver is getting ready for another bullish run.
this pair has confluences such as
previous demand turned support
61 fib level confluence for the impulse
Last week nzd broke a strong resistance and which is now support
for that support we definetly can expect longs which forms impulse correction and impulse pattern
and fib retracement confluence is and addon for this move to happen
lets see how it plays out
thanks
This week im expecting the usdjpy may make the retracement after bearish run
we expecting the price to reach atleast to 50 fib
lets see how it plays out
hope you guys love it
as we all know usd is so weak and we are in a situation where institutions have more longs on cad than shorts which can easily push this pair down but we can expect a retracement this weak from a bearish run.
lets see how this setup plays out
hope you guys love it
Im in nuetral state as it comes to the eurusd
as you can see the price is so bullish during the last week
so the institutions may continue the bullish run or the may make a retracement to add more longs before moving up
so we are only interested in longs in there will be a retracement
as we all know gold and silver show the same price action but less volatile than the gold
I got same view just like gold as i want to be looking for short trades.
but the corona and weak dolor can push gold up easily.
but it is definitely time for a retracement
XAUUSD is quiet bullish but the previous support is broken and retested with a rejection of a weekly candle and the daily is bearish as well.
we carefully watching this pair to break the current support and show bearish signs in 4hr to short up to our desired targets.
as we can see the price is reached to a strong resistance with all time highs created by the pair way back in 2017.
we definitely can expect the rejection and retracement for the last impulse run.
we will be watching this pair closely for bearish signs to enter shorts for our projected targets
as the cad is weak and jpy getting stronger we can take advantage of this pair.
after the key level got broken from a 4hr perspective we will be looking for shorts to the target
i hope you guys like this setup
